Botany and Ormiston Times
Howick and Pakuranga Times : Howick and Pakuranga Times Monday November 24
www.times.co.nz Howick and Pakuranga Times, Monday, November 24, 2014 — 17 Open Saturday morning until noon E: email@example.com 115 Harris Road, East Tamaki. Phone 274 6357. See website for more info: www.cobblestone.co.nz 124579-V5 YARD CLEARANCE 20% OFF HIGH QUALITY PAVERS Sale ends November 30, 2014 on all stocked items Brick Pavers Slabs Cobblestones 111450-V5 11 Neil Park Dr East Tamaki Ph 09 273 7068 Planning to renovate or create a new kitchen? Huge Savings Wholesale price direct to public “Look no further” (lifetime 127014 12 MONTHS INTEREST FREE (Limited time offer) Heat Pumps, Air Conditioners, Ventilation, Moisture Control FROM $1850 INSTALLED 138J HARRIS RD, EAST TAMAKI Call us for a free quote 6 Year Warranty. Cheapest Cooling/Heating. Established 1993 Solar Panels PV 12 MONTHS INTEREST FREE (Limited time offer) 12 MONTHS INTEREST FREE (Limited time offer) Heat Pumps, Heat Pumps, 119081-V16 Dwelling sales on the move again RESIDENTIAL property volume sales are up in outer parts of Auckland in October compared with the same time last year, according to Real Estate Institute of New Zealand (REINZ) latest figures. Following the trend, the number of dwellings sold in Eastern Beaches is up 3 per cent to 200 from 194 the same time last year. Eastern Beaches median prices continue to rise, to $805,500 in October, up 11% on $727,500 the same time last year. However, the number of days it took to sell a house in October was up 14% to 32 compared with 28 the same time last year. Volume sales are up from September, mainly in the northern and outer parts of Auckland, says Helen O’Sullivan, REINZ chief executive, and the number of listings has increased, improving stock levels. “There has been a noticeable increase in the level of activity in the real estate market in October,” she says. Home values have accelerated again in Auckland since July, at a rate not seen since last year, says Andrea Rush, QV national spokesperson, while QV Auckland registered valuer, Brice Wiggins, says the rate of increase in values across Auckland is speeding up again “and we are seeing a definite lift from the winter quarter”. Peter Thompson, managing director of Barfoot & Thompson, says the Auckland residential market is rapidly returning to levels of activity experienced before September’s general election with the company’s new listings up by a third on those for the previous month, and listings at month-end at their highest for three months. “It always takes some months for the property market to regain lost momentum when interrupted by a lack of certainty,” he says. “A significant contributor to the average sales price remaining at all-time highs is continuing interest in high-end valued properties, which were largely unaffected throughout the election period.” Paul McKenzie, national marketing manager of Realestate.co.nz says with the election the usual spring rise in homes for sale didn’t occur. “But the strong rise in October brings us back close to long- term figures.” ■ Bayleys Real Estate has acquired the Howick branch of Professionals: Star Real Estate at 110 Ridge Road. It’s Bayleys’ second office in Howick, with an existing office in nearby Picton Street. Bayleys Auckland residential manager, Raymond Mountford says acquiring the Ridge Road location increases the company’s presence in a thriving area of the city. “This new office represents Bayley’s increased presence and market reach in an area that is expanding,” he says. “Under the draft Auckland Unitary Plan, Howick has been identified as a growth area, with huge development planned, along with a proposed extension of the village centre and increased mixed housing to the south-west. “Howick and its neighbouring suburbs continue to be highly sought after by buyers because of its accessibility to business districts, transport infrastructure and value for money it represents compared with several other city fringe suburbs,” he says. “South and East Auckland has had huge sales volumes recently with increasing listings and new developments having an impact on the quantity of residential property available.” Eastern Beaches Dwelling median price 2010 $539,000 2011 $556,500 2012 $621,000 2013 $727,500 2014 $805,500 Percentage change 2013 to 2014 +11% Dwelling numbers sold 2010 149 2011 158 2012 214 2013 194 2014 200 Percentage change 2013 to 2014 +3% Median days to sell 2010 33 2011 31 2012 28 2013 31 2014 32 Percentage change 2013 to 2014 +14% Auckland Region Dwelling median price 2005 $380,000 2013 $582,000 2014 $640,000 Percentage change 2013 to 2014 +10% Dwelling sales volumes 2005 2860 2010 1360 2013 2681 2014 2457 Percentage change 2013 to 2014 -8% National sales distribution-price band Under $400,000 2012 3527 2013 3285 2014 2974 Percentage change 2013 to 2014 -9% $400,000-$599,000 2012 1746 2013 1803 2014 1751 Percentage change 2013 to 2014 -3% $600,000-$999,999 2012 1039 2013 1249 2014 1372 Percentage change 2013 to 2014 +10% $1 million and over 2012 328 2013 435 2014 511 Percentage change 2013 to 2014 +17% Regional housing market WHO’S INCLUDED: The Eastern Beaches area includes Beachlands, Botany Downs, Bucklands Beach, Cockle Bay, Dannemora, East Tamaki Heights, Eastern Beach, Edgewater, Farm Cove, Half Moon Bay, Highland Park, Howick, Lloyd Elsmore Park, Maraetai Beach, Mellons Bay, Northpark, Pakuranga, Shelly Park, Sunnyhills and Whitford. Source: Real Estate Institute of New Zealand THE past five years’ Auckland regional housing market at a glance as at October’s figures.
Howick and Pakuranga Times Thursday November 20
Howick and Pakuranga Times Thursday November 27