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p r op e r t y u p d at e
020 404 29926
04 280 7431
sfuchs@villarealty.co.nz
AUGUST 2016
call
today
for
current
market
update
Local inventory
and days to sell fall,
median sales prices rise
The number of properties available for sale across all regions in
New Zealand has continued to fall between June 2015 and June
2016. Wellington has the fewest properties for sale with just
over seven weeks of supply, closely followed by Hawkes Bay
with nine weeks supply and Auckland with just under 10
weeks of supply.
www.mbie.govt.nz/info-services/building-construction/consultations
https://www.reinz.co.nz/
This is part of wider government work to bring about greater efficiencies in the
building industry, including investing in a single website to improve access to, and
compliance with, building regulations. The new website is expected to be ready early
next year.
We are lifting our investment in New Zealands building standards. We are also
ensuring they are more accessible for those in the building industry, with the
development of the ministrys new building code website.
SUSTAINABLE BOOM?
Do these arguments mean that this boom in average house prices is sustainable?
Definitely not. It will end, the only questions are when and how. My pick for when
is late-2017 to mid-2018 in response to:
Congratulations to K Thomson of Johnsonville who was the winner of last months Logan Brown contest.
04 280 7431
sfuchs@villarealty.co.nz
Homenet Enterprises Ph: (04) 234 8006, E-mail: graham@homenet.co.nz
Disclaimer: All the information published in Property Update is true and accurate to the best of the publishers knowledge. No liability is assumed by Leaders in Real Estate, nor the publisher, for any losses suffered by any person or organisation relying directly or indirectly on this newsletter.
Area
Aotea - Porirua
Aotea - Porirua
Aotea
Aotea
Aotea
Aotea
Aotea
Ascot Park
Ascot Park
Camborne
Cannons Creek
Cannons Creek
Cannons Creek
Cannons Creek
Cannons Creek
Elsdon
Elsdon
Elsdon
Elsdon
Otaihanga
Otaihanga
Otaki
Otaki
Otaki
Otaki
Otaki
Otaki Beach
Otaki Beach
Paekakariki
Papakowhai
Papakowhai
Papakowhai
Papakowhai
Papakowhai
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paraparaumu
Paremata
Paremata
Paremata
Plimmerton
Beds
4
4
6
4
4
4
4
4
3
3
3
3
3
3
3
5
3
3
4
3
4
2
3
2
1
4
2
1
2
3
3
3
3
3
2
3
3
3
5
3
3
3
3
4
3
2
4
4
4
3
2
3
3
3
3
4
2
4
4
5
4
4
4
1
3
4
4
3
1
SOLD
$830,000
$760,000
$750,000
$766,000
$710,000
$786,500
$980,000
$272,500
$305,000
$730,000
$280,000
$280,000
$235,000
$250,000
$243,000
$3,415,000
$350,000
$401,000
$340,000
$410,000
$380,000
$207,500
$265,000
$237,000
$220,000
$415,500
$260,000
$245,000
$385,500
$551,000
$560,000
$450,000
$611,500
$516,000
$245,000
$366,000
$300,000
$364,000
$730,000
$380,000
$275,000
$450,000
$607,500
$654,000
$515,000
$330,000
$800,000
$762,500
$453,000
$455,000
$441,500
$414,141
$433,000
$498,000
$440,000
$739,000
$323,000
$550,000
$453,000
$790,000
$350,000
$811,000
$680,000
$242,000
$555,000
$1,300,000
$610,000
$627,575
$640,000
RV
$680,000
$250,000
$690,000
$590,000
$540,000
$700,000
$880,000
$245,000
$255,000
$590,000
$200,000
$250,000
$190,000
$200,000
$220,000
$255,000
$255,000
$275,000
$250,000
$350,000
$385,000
$170,000
$245,000
$185,000
$142,000
$270,000
$205,000
$205,000
$390,000
$114,000
$435,000
$390,000
$435,000
$405,000
$215,000
$270,000
$270,000
$270,000
$670,000
$270,000
$270,000
$420,000
$590,000
$540,000
$410,000
$235,000
$760,000
$600,000
$345,000
$365,000
$305,000
$350,000
$330,000
$375,000
$265,000
$630,000
$225,000
$530,000
$355,000
$800,000
$500,000
$740,000
$600,000
$200,000
$450,000
$1,050,000
$475,000
$445,000
$550,000
Street Name
Durville St
Komata Gr
Muri Rd
Mahinawa St
Sea Vista Dr
Wairaka Rd
Gear Tce
Jackson Tce
Arawhata St
Sams Way
Rosetta Rd
Tennis Court Rd
Harry Shaw Way
Matatua Rd
Rosetta Rd
Wharemauku Rd
Saint Edmund Cres
Davidson Cres
Rewa Tce
Tremewan St
Main Rd
Zande Tce
Olivia Cres
Romney Sq
Ranui Tce
Tawa Tce
Oriel Pl
Wilfred St
Massey St
Findlay St
Rodney Ave
Pikarere St
Owhiti St
Whanga Cres
Paenui St
Dimock St
Pennant Gr
Jillett St
Te Pene Ave
Tireti Rd
Bay Dr
Taupiri Cres
Main Rd
Fleetwood Gr
Te Moana Rd
Nimmo Ave East
Walton Ave
Hughes St
Field Way
Charthouse Ln
Mercury Way
Lanyon Pl
The Bollard
Endeavour Dr
Bowman Pl
Saunders Cl
The Masthead
Abbey Way
Solander Pl
Navigation Dr
Endeavour Dr
Bight Pl
Joseph Banks Dr
Staithes Dr North
Samwell Dr
Mariners Way
Albatross Cl
Parkinson Cl
Area
Porirua
Porirua
Pukerua Bay
Pukerua Bay
Pukerua Bay
Pukerua Bay
Ranui Heights
Ranui Heights
Ranui Heights
Raumati
Raumati
Raumati
Raumati
Raumati
Raumati
Raumati
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Tawa
Te Horo
Titahi Bay
Titahi Bay
Titahi Bay
Titahi Bay
Titahi Bay
Titahi Bay
Titahi Bay
Titahi Bay
Titahi Bay
Titahi Bay
Titahi Bay
Waikanae
Waikanae
Waikanae
Waikanae
Waikanae
Waikanae
Waikanae
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Whitby
Beds
3
3
5
3
3
4
3
3
3
3
2
3
3
3
3
4
3
3
4
6
3
4
3
3
3
5
3
4
3
2
2
2
4
3
4
3
4
2
3
3
2
2
3
2
4
3
2
3
6
4
4
4
3
4
4
4
4
3
4
4
4
3
4
3
4
3
3
3
SOLD
$296,000
$245,500
$667,300
$310,000
$440,000
$525,000
$311,000
$400,000
$427,500
$445,000
$460,000
$460,000
$446,000
$345,000
$415,000
$675,000
$604,250
$290,000
$570,000
$571,000
$487,550
$516,000
$342,500
$500,000
$435,000
$611,000
$497,000
$502,000
$384,000
$393,000
$493,000
$300,000
$350,000
$481,000
$410,000
$340,000
$460,000
$306,000
$350,000
$400,000
$378,550
$270,500
$357,000
$362,500
$442,500
$565,050
$435,000
$532,000
$850,000
$471,000
$451,000
$576,000
$395,000
$690,500
$510,000
$597,000
$740,000
$590,000
$572,000
$650,000
$707,500
$400,000
$575,000
$575,500
$510,000
$710,000
$495,000
$445,000
Courtesy REINZ
www.reinz.co.nz
RV
$210,000
$205,000
$380,000
$275,000
$330,000
$340,000
$240,000
$310,000
$100,000
$380,000
$380,000
$370,000
$395,000
$280,000
$320,000
$430,000
$500,000
$280,000
$460,000
$440,000
$335,000
$415,000
$290,000
$320,000
$280,000
$425,000
$390,000
$345,000
$305,000
$255,000
$400,000
$270,000
$310,000
$365,000
$315,000
$265,000
$410,000
$265,000
$270,000
$340,000
$305,000
$235,000
$265,000
$285,000
$410,000
$420,000
$380,000
$395,000
$830,000
$400,000
$485,000
$550,000
$300,000
$210,000
$550,000
$520,000
$740,000
$130,000
$440,000
$570,000
$550,000
$305,000
$325,000
$460,000
$550,000
$520,000
$450,000
$320,000