Gisborne is a rich port city with provincial town feel. The city moves at a slow pace in spite of its being a major commercial hub. The region is the second largest grape producing areas of the district. Gisborne is a great example in bi-culturalism which has survived despite of tourism onslaught. The 45% of the population is Maori and the language used in everyday conversation is Maori. The region holds the highest Maori population in New Zealand. Gisborne reminds of the old world that New Zealand used to be.
The real estate investment in Gisborne is slow but steady. The time is right to make an investment as the rates are quite within the means. A sale of property of a 4 bedroom and 1 bathroom of 94 square meters will cost $48,000. A 4 bedrooms and 1 bathroom will be up for $289,000 in the property market.
