SFR's are still strong and some of the outlying area's which in days gone by would not have seen investors drive through let alone purchase property in, are now good area's to checkout (Otara, Onehunga, Mangare Bridge etc).As always, if you're on the ground, there are deals to be had, but with property prices at 6-8 times the average household income, for me, the figures (currently) don't work with ROI's in the low single figures . . . . 

Location Investment criteria> 50,000Near Walmart, Lowe’s close driving distanceUnemployment < 8 %Median household cost > 100,000 so you are not competing with stick built homesPopulation growing, stable, not significantly declining Great School district Crime rate not crazy Job diversity: call chamber of commerce, new jobs/employersPlanning and zoning figure out what type of zoning you have what you can and cannot do.

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I'm going to be getting into some rental properties but I have no income (my husband is the only working member of my household) so I was worried about how many loans we could get. 

And in the medium term, the Tesla I am driving is so much more of a car than those BMW and Mercedes, and when they come out with Model 3 in two years for $35,000, and cost of ownership becomes identical to that of a nicely equipped Honda Accord, there will me a mass shift to electric transport at the household level. 

It said 53,000 households had moved.

@Joshua Dorkin The big thing we have changed is our household budget.

And average rent, and household income during those time frames aren't really any better for the area. 

I am someone who grew up in a household where my folks would argue every time money was mentioned.

I hear people say home prices can't be more than 3x median household income.