Hawkes Bay OneRoof Property Report - 31st May 2021

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OneRoof.co.nz

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HOUSE PRI CE INDEX

How hot is your suburb? The OneRoof Property Report suburb valuation tables, powered by OneRoof’s data partner Valocity, show the latest median property values for every suburb* in New Zealand. The tables are arranged by region, starting at the top of the North Island and finishing at the bottom of the South Island (with the territorial authorities and suburbs within each region shown in alphabetical order).

What do the tables show? The tables below show for each suburb, territorial authority and region: ● The median property value at May 7, 2021; ● The 12-month change in percent; ● The 12-month change in dollars; ● The highest settled sale price in the year to May 7, 2021; and ● The extra deposit first home buyers would have needed to save in the last 12 months as a result of rising prices.

What do the numbers mean? The median property value is the middle point for property values. Median means “in the middle”, so if for example there are five houses in a suburb and they are valued at $175,000, $200,000, $250,000, $350,000, and $600,000, the median value would be the one in the middle, or $250,000.The median is a good indicator of

SUBURB

typical property values within an area because it is not affected by outliers. The 12-month change indicates how well property values are tracking in the given area. If the percentage change is upwards, then it means the market in the area may be hot and that homes there are selling quickly and for more money. If the percentage change is downwards, then it is a sign that the market in the area is soft or cold, and that properties are selling slowly and for less. The change in dollars shows how much value gain or loss homeowners in any given area has seen in the last 12 months, while the highest settled sale price indicates how well the top end of the market is doing in each area. OneRoof has calculated the extra money buyers would have had to save in the last 12 months for a 20% deposit.The numbers for each region,TA and suburb are based on a comparison of the current median property value and the median value in May 2020. Together these figures give a good overview of what’s happening in the housing market in each region,TA and suburb, and what buyers can expect to pay and sellers can expect to make.

LATEST MEDIAN 12-MONTH PROPERTY $ CHANGE VALUE

How are the suburb values calculated? For latest median property value, the tables use an automated valuation model (AVM).The AVM takes into account recorded property attributes and historical property sales data to estimate the value of every residential property value in a suburb.The model is intended to provide an estimate of value at the date it was run.You can find out the value of your own property - and those of your neighbours - at OneRoof.co.nz/estimate. An interactive carrying more house price data for every suburb in New Zealand can be found at OneRoof.co.nz/propertyreport.Alternatively, you can go straight to the interactive using the QR code on the right. Hold your phone camera

12-MONTH % CHANGE

HIGHEST SETTLED SALE IN LAST 12 MONTHS

EXTRA DEPOSIT REQUIRED SINCE MAY 2020

SUBURB

over the code and click on the link. *Only suburbs with 20 sales or more in the 12 months to May 7 have been included in the print tables below.The latest property values for every suburb can be found in the interactive at OneRoof.co.nz/ property-report. If you have a question about the data, please contact support@oneroof.co.nz

LATEST MEDIAN 12-MONTH PROPERTY $ CHANGE VALUE

12-MONTH % CHANGE

HIGHEST SETTLED SALE IN LAST 12 MONTHS

EXTRA DEPOSIT REQUIRED SINCE MAY 2020

NORTH ISLAND NORTHLAND

$667,000

$132,000

25%

$5,650,000

$26,400

FAR NORTH

$568,000

$108,000

23%

$3,700,000

$21,600

AHIPARA CABLE BAY COOPERS BEACH HARURU KAIKOHE KAITAIA KARIKARI PENINSULA KAWAKAWA KERIKERI MANGONUI OPONONI PAIHIA RUSSELL WAIPAPA

$465,000 $655,000 $655,000 $710,000 $275,000 $320,000 $555,000 $390,000 $827,500 $615,000 $455,000 $620,000 $950,000 $925,000

$70,000 $130,000 $105,000 $140,000 $70,000 $60,000 $85,000 $105,000 $117,500 $195,000 $140,000 $85,000 $125,000 $127,500

18% 25% 19% 25% 34% 23% 18% 37% 17% 46% 44% 16% 15% 16%

$975,000 $1,150,000 $1,650,000 $1,620,000 $703,500 $700,000 $1,050,000 $740,000 $2,375,000 $1,475,000 $790,000 $2,850,000 $3,300,000 $1,700,000

$14,000 $26,000 $21,000 $28,000 $14,000 $12,000 $17,000 $21,000 $23,500 $39,000 $28,000 $17,000 $25,000 $25,500

KAIPARA DARGAVILLE KAIWAKA MANGAWHAI MANGAWHAI HEADS MAUNGATUROTO RUAWAI TE KOPURU

$568,000 $425,000 $760,000 $990,000 $975,000 $570,000 $385,000 $385,000

$108,000 $95,000 $120,000 $185,000 $165,000 $145,000 $115,000 $120,000

23% 29% 19% 23% 20% 34% 43% 45%

$3,700,000 $1,100,000 $1,417,000 $4,000,000 $4,350,000 $1,094,000 $570,000 $800,000

$21,600 $19,000 $24,000 $37,000 $33,000 $29,000 $23,000 $24,000

$719,000 $560,000 $495,000 $640,000 $700,000 $985,000 $610,000 $1,010,000 $885,000

$169,000 $145,000 $110,000 $155,000 $150,000 $260,000 $155,000 $210,000 $180,000

31% 35% 29% 32% 27% 36% 34% 26% 26%

$5,650,000 $830,000 $910,000 $860,000 $1,847,391 $1,475,000 $1,325,000 $2,200,000 $1,800,000

$33,800 $29,000 $22,000 $31,000 $30,000 $52,000 $31,000 $42,000 $36,000

WHANGAREI AVENUES HIKURANGI HORAHORA KAMO KAURI KENSINGTON MAUNGATAPERE MAUNU

MORNINGSIDE NGUNGURU ONE TREE POINT ONERAHI OTANGAREI PARAHAKI PARUA BAY RAUMANGA REGENT RIVERSIDE RUAKAKA RUATANGATA WEST TIKIPUNGA TUTUKAKA WAIPU WHANGAREI HEADS WHAU VALLEY WOODHILL

$555,000 $925,000 $905,000 $625,000 $345,000 $680,000 $977,500 $485,000 $670,000 $705,000 $810,000 $915,000 $570,000 $985,000 $930,000 $935,000 $640,000 $590,000

$125,000 $150,000 $185,000 $150,000 $100,000 $125,000 $202,500 $120,000 $140,000 $125,000 $180,000 $260,000 $135,000 $172,500 $135,000 $175,000 $135,000 $145,000

29% 19% 26% 32% 41% 23% 26% 33% 26% 22% 29% 40% 31% 21% 17% 23% 27% 33%

$770,000 $2,450,000 $5,650,000 $1,050,000 $453,000 $1,250,000 $1,809,000 $657,500 $1,220,000 $1,617,000 $1,630,000 $1,500,000 $945,000 $2,377,000 $2,530,000 $1,320,000 $1,000,000 $825,000

$25,000 $30,000 $37,000 $30,000 $20,000 $25,000 $40,500 $24,000 $28,000 $25,000 $36,000 $52,000 $27,000 $34,500 $27,000 $35,000 $27,000 $29,000

AUCKLAND

$1,114,000

$219,000

24%

$24,000,000

$43,800

AUCKLAND CITY AUCKLAND CENTRAL AVONDALE BLOCKHOUSE BAY EDEN TERRACE ELLERSLIE EPSOM FREEMANS BAY GLEN INNES GLENDOWIE GRAFTON GREENLANE GREY LYNN HERNE BAY HILLSBOROUGH KINGSLAND

$1,234,000 $575,000 $1,130,000 $1,300,000 $795,000 $1,400,000 $2,220,000 $1,500,000 $1,270,000 $2,130,000 $640,000 $1,790,000 $1,960,000 $3,310,000 $1,440,000 $1,730,000

$239,000 $120,000 $305,000 $375,000 $165,000 $410,000 $490,000 $340,000 $315,000 $545,000 $150,000 $435,000 $485,000 $782,500 $345,000 $447,500

24% 26% 37% 41% 26% 41% 28% 29% 33% 34% 31% 32% 33% 31% 32% 35%

$24,000,000 $3,300,000 $2,165,000 $2,650,000 $3,100,000 $2,850,000 $8,500,000 $7,900,000 $1,800,000 $6,250,000 $2,305,000 $7,500,000 $4,875,000 $8,000,000 $2,056,000 $2,410,000

$47,800 $24,000 $61,000 $75,000 $33,000 $82,000 $98,000 $68,000 $63,000 $109,000 $30,000 $87,000 $97,000 $156,500 $69,000 $89,500


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