6 Paehoro Grove, Turangi, Taupo, Waikato, 3334, New Zealand

With a rental appraisal of $320-$330 p/w – do your own maths – it should work out better than a return from the bank? Give this property some love and the rent per week can be increased. The grounds are flat and fully fenced making it secure for pets and kids. It also boasts three garage spaces with internal workbench space.

The gem of the property is the private back deck covered with sections of clear roofing to let lots of warm sunlight through. The PVC blinds make this a year-round extension to the property to sit and chat and have a cuppa, enjoy a book or watch children play.