They need to buy in a particular school zone, or can only buy at the lower end of the market. Organisations such as Quotable Value (QV) and others have a wealth of property data that can focus the mind on the cost/value of the purchase. Buyers should always order a Land Information Memorandum (LIM) and the council file. Investors invariably want rental data as it can be useful if you're looking at buying, doing up and selling on. For example, the median rent is what you charge for the median property in a suburb.

Source: New Zealand Herald April 04, 2017 04:30 UTC