. Do lifestyle blocks make good investment properties?

Lifestyle blocks usually return a lower investment yield than city properties.  Rents are cheaper because of their locations on city outskirts, and capital gains are generally slower to appreciate on the properties.  Some owners make higher yields by renting their properties out as peak-period holiday rentals, but the New Zealand holiday season is typically only 6-8 weeks.  Most buyers buy their rural property just to enjoy, knowing that they can accrue capital gains over time, and sell if needed.