ISSUE 4 25TH FEBRUARY 2016
reside
OUR EXCLUSIVE PROPERTY MAGAZINE
PROUD TO BE A
KI WI MONTH/ FEBRUARY/2016
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LYNETTE MCFADDEN Business Owner Harcourts Gold AREINZ
GOLD AUCTION DAYS
Business Owner Harcourts Gold AREINZ
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JOHN MCFADDEN
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CAMERON BAILEY Business Owner Harcourts Gold & Sales Consultant
Gold Living
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ORDER OF SALE
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6 Ways to Save Big on Summer Travel
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CONTENTS
Market Comment
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Welcome to the February edition of Reside magazine The property market is booming this February.
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If you’re looking to buy or sell, steady price growth and low interest rates make Summer the right time to strike. We’re confident that we have properties to meet everyones real estate needs.
Happy reading
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Auction Bid Sheet
Meet our Top Preformers
Conduct of Auction
Upcoming Auctions
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A A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
is for All Blacks is for Buzzy Bee is for Chocolate Fish is for Deka is for Edmonds Cookery Book is for Four Square is for Gumboots is for Hokey Pokey Icecream is for Icons (NZ) is for Jandals is for Kowhai is for L&P (Lemon & Paeroa) is for Marmite is for Nikau is for Opononi & Omapere is for Pohutukawa is for Quirky Fact is for Red socks is for Spaceman Candy Sticks is for Tiki is for Uenuku (Rainbow) is for Valerie Adams is for Weetbix is for Xtraordinary scenery is for Yucca is for the ‘Z’ in New Zealand
KI WI PROUD TO BE A
MONTH/ FEBRUARY/2016
GOLD LIVING
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THE KIWI ALPHABET WIN
1 0F 6 GR OCER
VOUCHER Y S
WE'D LOVE YOU TO JOIN IN OUR HARCOURTS GOLD,
'PROUD TO BE A KIWI MONTH'
TELL US ABOUT A WONDERFUL GOLDEN KIWI THAT YOU KNOW AND THEY WILL GO IN THE DRAW FOR 1 OF 6 GROCERY VOUCHERS TO THE ...
VALUE OF $150
Enter on our website www.homes4sale.co.nz or fill in one of the forms at the front of our auction room and place in the box provided today
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The longest place name in the world still in use is Taumatawhakatangihangakoauauotamateaturipukakapikimaungahoronukupokaiwenuakitanatahu, a hill in Porangahau in the Hawkes Bay. The Maori name translates to "the place where Tamatea, the man with the big knees, who slid, climbed and swallowed mountains, known as Landeater, played his flute to his loved one.
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"People do not decide to become extraordinary. They decide to accomplish extraordinary things."
Sir Edmund Hillary
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ORDER OF SALE
MEET TODAY’S AUCTIONEERS
FEBRUARY 25, 2016 Sold Prior 19 Gambia Street, Papanui 52 Weston Road, St Albans From 10:00am 01
60 Eureka Street, Aranui
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51A Neville Street, Spreydon
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52 Aikmans Road, Merivale
04 2/34 Solomon Avenue, Redwood 05
29 Dyers Pass Road, Cashmere
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21 Kent Lodge Avenue, Avonhead
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41 Stanton Crescent, Hoon Hay
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473A Manchester Street, St Albans
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1/28 Slater Street, Richmond
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44 Burlington Street, Sydenham
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14 Kaikainui Lane, Clearwater
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42 Dormer Street, Papanui
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14 Manor Place, Bryndwr
BRYAN THOMSON FREINZ AUCTIONEER
From 12:00pm 01
31A Mary Street, Papanui
02
20 Chartwell Street, Burwood
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3 Serama Place, Burwood
04 154 Bowhill Road, North Beach 05
24 Eversleigh Street, St Albans
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42 Mary Street, Papanui
BEN DEANS AUCTIONEER
19 Gambia Street, Papanui SOLD PRIOR Determined Owner Wants Sold! • Seldom does an opportunity come along to move into this sought after location! Built in the early 2000’s with our vendor, the only owner, the time has come to hand the keys to proud new owners. • It’s apparent from the moment you view this home how pristine it is, including the colourful easy care garden & lawn! Very private, secure, sunny and fully double glazed throughout, making this home very warm. • Three double bedrooms (master with ensuite), & plenty of storage space. Double internal access garaging & a separate laundry makes this home a lot bigger than it looks.
BELINDA DUNSTER REDWOOD
• Zoned for popular Paparoa Street Primary, Heaton Intermediate & Papanui High Schools & only minutes’ walk to Northlands Mall & other amenities.
IN 2015 WE HELD
686 AUCTIONS... AND DID YOU KNOW, THAT OVER
71% SOLD EITHER BEFORE OR ON AUCTION DAY
52 Weston Road, St Albans SOLD PRIOR Uncompromising Character! • If you keep finding yourself in a dilemma over loving character homes but wanting the comforts of modern homes, then this one will help you step outside from all the compromises you’ve found elsewhere. • This fabulously modernised character home has versatility around the living spaces and indoor- outdoor flow. • The master suite is a recent addition to the home and therefore fully insulated. With a sizeable walk in robe and new, tiled ensuite, it adds that vital element to the needs of families today.
JULIE PROCTOR PAPANUI
• The other 3 bedrooms are also excellent sizes and all have wardrobes. The kitchen is modern, and spacious with an abundance of storage and very appealing with a stone bench top.
FROM 10:00 AM 01
60 Eureka Street, Papanui Mortgagee Auction! • The heading says it all! • This is your opportunity with some great potential to add value! • A 713m2 property with good off street parking and sheltered outdoor living options. • 3 good sized bedrooms. Permanent material with spacious living areas and 2 car garaging. • Though it’s insured, it is in an ‘as is where is’ condition.
BELINDA DUNSTER REDWOOD
FOR YOUR REFERENCE. SALE PRICE
02
$...........................................
51A Neville Street, Spreydon “Oops Sandra - We have Purchased!” • Having found their new home my owners are now in a spot of bother. • This classic red brick beauty has had renovations completed allowing a new purchaser to simply move in and reap the rewards of their toil. • The attractive kitchen with its walk in pantry and modern appliances will please the chef of the home and sits open plan to the dining room. Timber flooring in this area offers both practicality as well as helping to create a warm and inviting ambience. The living area is northfacing flowing to the sunny & expansive backyard with plenty of room for children to safely play within the fully fenced section. • Warmth is assured with the cleanair logburner and unlimited gas hot water caters for the whole family. The remainder of the floor area includes four bedrooms, a study nook, plus a studio at the rear of the garage - ideal for teenagers, games room or work from home office.
SANDRA O’BRIEN PAPANUI
• With all that in mind, this would be suitable for those looking for a lovely home with that extra bedroom or, an investment property.
FOR YOUR REFERENCE. SALE PRICE
03
$...........................................
52 Aikmans Road, Merivale A Joy to View - Even Better to Live In • This tranquil and appealing property constructed of cedar awaits your viewing. Built in 1983 on 822sqm of land, this architectural designed home by local architect David Allen, has recently undergone extensive renovations bringing it into the modern era with a blend of comfort and luxury. • Ideally suited to business professionals or those looking to downsize in style, the 240sqm floor area is spread over two levels with gorgeous views to the lawn and stream beyond from every angle of the home. • The kitchen is both attractive and practical with all modern conveniences. An adjoining lounge is accessed via a floor to ceiling glass door which seamlessly blends both living rooms.
MARY TURNBULL PAPANUI
• This is a home that has been designed with entertaining in mind and outdoor lovers will appreciate the patio area set amidst a picturesque background - an ideal environment for enjoying the lazy summer days.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
04
2/34 Solomon Avenue, Redwood Calling First Homers, Empty Nesters... • Immaculately presented, positioned in a quiet cul-de-sac alongside a reserve, this home has a rural feel with lots of lovely trees providing privacy as well as sense of community. • Recently renovated, with new bathroom, toilet, carpet as well as all the EQC work having been completed with new driveway, paths and patio. A well designed home, fantastic storage and spaces including double internal garage. Three generous bedrooms, all with built in wardrobes, family bathroom, open plan kitchen, dining with adjoining lounge with conservatory and access to the North facing outdoor area. • An ideal location.... only a stroll to shops, library and bus stops, almost central to Northlands Mall or Northwood Supa-Centa. Schools close by Redwood School (back entrance across the road).
KAYE CADDICK PAPANUI
• Perfect for singles, couples downsizing or smaller families.
FOR YOUR REFERENCE. SALE PRICE
05
$...........................................
29 Dyers Pass Road, Cashmere Hills “As Is Where Is”- Superb Character...Amazing Views!! • The possibilities are endless... You decide what to do with this one. • One of the early homesteads on the hill gave this property prime positioning and fantastic views from the 1273m2 section featuring established trees, lawn and even a pool for the children to enjoy. • The house itself is single level and has retained many character features, but has been tastefully modernised in the bathrooms and kitchen and offers four double bedrooms, two bathrooms and two separate living areas as well as an office. • After many happy family years at this property, our owners have now purchased another home so leave it up to the next purchaser to decide whether to repair, demolish or just land bank this iconic and fabulous property. • Located on the lower slopes facing North-West, the sun is maximised and you are only minutes from local shops but can still enjoy the benefits of hill living
CAMERON BAILEY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
06
$...........................................
21 Kent Lodge Avenue, Avonhead Honey - Stop The Car! • Determined to sell in order to move closer to their family, our owners present this three-bedroom home to the market in immaculate condition. • Constructed in the 60s, a time when homes were built with pride and designed to last, this sun-soaked dwelling is perched upon 688m2 of land in an eminently popular pocket of the city. • Ample accommodation is complemented by a well-appointed family bathroom and versatile open-plan living areas, while the modern kitchen (complete with BOSCH appliances) is a real highlight.LED lighting enhances energy efficiency and the neutral décor ensures any style or era of furnishing will look right at home. • Outside, the established grounds offer plenty of space for the adults to entertain and the kids to run around.
MARY TURNBULL PAPANUI
• The icing on the cake is the proximity to everything including parks, Avonhead Mall, Bush Inn Centre, University of Canterbury, Christchurch Airport and zoned schools including Russley Primary and Riccarton High
FOR YOUR REFERENCE. SALE PRICE
$...........................................
Only in New Zealand! Sheep and Dog buildings, Tirau, South Waikato
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41 Stanton Crescent, Hoon Hay A Fresh New Look • With all the comforts and modern convenience of a brand new home this stunning family home also offers the benefit of a mature site in an alreadyestablished neighbourhood. • The service areas have been extensively updated with new kitchen, bathroom and laundry fixtures. Modern LED lighting has been installed throughout; the walls have been re-lined, insulated and painted in neutral tones, and the floor and window coverings have been replaced with good quality carpet and vinyl planking. Recent exterior painting gives a sharp, fresh presentation and leaves the dwelling maintenance-free for the next few years - the current owner’s effort means you can relax and enjoy your new home. • The living areas are oriented to the north-west and open onto a large deck overlooking an expansive lawn offering alfresco dining opportunities well into the evening.
ANDREW SWIFT NEW BRIGHTON
• Don’t let this one slip by.A great step onto the property ladder or sound investment opportunity - will you be the lucky one?
FOR YOUR REFERENCE. SALE PRICE
08
$...........................................
473A Manchester Street, St Albans Impressive Townhouse in City Location • This beautifully designed townhouse is perfectly situated for work and play in our new city. • Just a few minutes walk to the CBD, Margaret Mahy Playground, 24 Hour Medical Centre and Edgeware village. • Built to the new building regulations 2 years ago, possessing 3 spacious bedrooms with built-in ward robes, 2 bathrooms (one en-suite) and 3 toilets, a sunny disposition & double glazed with single garage this home makes for fun and comfortable living. • This is the front townhouse so you and your car will enjoy easy access. You will love the open plan living spaces which leads out onto a private north facing courtyard ideal for enjoying an evening wine or BBQ.
MARK O’LOUGHLIN REDWOOD
• Vacant and ready for immediate possession, do not delay viewing. This won’t last long!
FOR YOUR REFERENCE. SALE PRICE
$...........................................
09
1/28 Slater Street, Richmond Love At First Sight... • Fall in love with this beauty, complete with all the beautiful original character features found in a Villa of this era; stunning veranda, front door and archway, high ceilings throughout, fire places, sash windows... It is simply gorgeous and a must see! • Three bedrooms, separate lounge, dining room, galley kitchen with access to the deck and private backyard, complete with separate modern bathroom & separate laundry. Single detached single garage a bonus and fully fenced section. • Situated close North Avon Road, conveniently close to The Palms, City Centre and Merivale.Schools close by: Shirley Primary, Shirley Boys High, Avonside Girls High & Banks Avenue Primary. • Our current owners have lovingly renovated through their 13 year tenure, now it is time for the next chapter - she is ready for new owners to simply move in and enjoy!
KAYE CADDICK PAPANUI
FOR YOUR REFERENCE. SALE PRICE
10
$...........................................
44 Burlington Street, Sydenham “As Is Where Is” L3 Opportunity! • Must be sold at auction! An endearing three bedroom home situated on 453sqm of L3 land in a very convenient location. • The house has many sought after qualities including generously sized bedrooms, open plan living, dining and kitchen, and a separate laundry. • Extremely handy to the Sydenham shops and also close to the Christchurch CBD. Wonderful indoor/outdoor flow from open plan living area to a sunsoaked deck. • This property is no longer required by its owners and they have chosen to keep their insurance settlement meaning this property is to be sold on an “as is where is” basis. • This could be the bargain you have been waiting for.
LEWIS DONALDSON PAPANUI
FOR YOUR REFERENCE. SALE PRICE
11
$...........................................
14 Kaikainui Lane, Clearwater Just a little bit of Country - Entry Level to Clearwater • Built post-earthquake this stunning home has all the latest foundation and building standards, so you can take confidence that demand and future resale will be always smooth and the property very desirable - Certified Builders IQ Homes has done a fantastic job here • Single storey and special, the house is 338m2 and constructed of lightweight concrete and features four double bedrooms plus a study, three bathrooms and two separate living spaces. • Designed to make the most of the large 1711m2 section, your kids will just love to kick a ball or even enjoy a game of backyard cricket. This is a home with lifestyle options and, in my opinion, a lot of bang for your buck in a location where properties are selling significantly more than this will, so it must represent great buying!!
CAMERON BAILEY PAPANUI
• With a new plan on the horizon our owners are resolute in their decision to move onto their next project and welcome offers prior to auction day.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
12
42 Dormer Street, Papanui A Winner In A Gorgeous, Quiet, Treelined Street!! • Reap the rewards of this beautifully renovated home in Paparoa Street Primary School zone • This gorgeous character home has undergone a very tasteful renovation and upgrade for today’s living • With three excellent sized double bedrooms there’s the bonus a fourth smaller bedroom or office • There’s two spacious living rooms - one opening through French doors to the large deck and secure, sundrenched 673m2 section • An open plan kitchen looks out over the back garden and with two fires (one gas fire, the other a pellet fire) plus a heat transfer system, the home is exceptionally warm and cosy in winter and cool in suumer • An extra large double garage (currently a double garage with a studio/ workshop at the rear) and situated to enjoy all the benefits of a quiet, treelined Street close to both Merivale and Northlands Malls
DEB CROSBY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
13
$...........................................
14 Manor Place, Bryndwr Owners have purchased! • As far as the wish list goes, this one should satisfy most of the “must haves”! • Perfect for first home buyers and investors looking to be in popular school zones, this home has a fabulous backyard for young children and pets, and a welcoming feel to the home. • The indoors presents as a well maintained and cared for home, with 3 bedrooms (2 doubles and 1 single) all with wardrobes, a separate kitchen with an abundance of cupboard space, and the living room at the back flowing nicely to the sunny backyard. • Located in Burnside High School as well as Cobham Intermediate zone, giving wide spread options for schooling. It’s also within easy walking distance to pre-schools and Wairakei Primary just around the corner. Local shops and buses complete the appeal for quick and easy access to local amenities. • Owners have purchased and are serious on their intent to sell on auction day, so be quick on this one.
JULIE PROCTOR PAPANUI
FOR YOUR REFERENCE. SALE PRICE
FROM 12:00 PM 01
$...........................................
31A Mary Street, Papanui Primo Pad, Fab Location! • Beautifully presented modern townhouse, encompassing all the modern conveniences which will ideally suit a wide variety of purchasers. • Recently updated inside and out, this home is surprisingly spacious, with a sunny aspect and great outdoor flow to a landscaped, north west facing courtyard. • On offer, upstairs, two bathrooms (ensuite) and three generous bedrooms one of which is currently utilised as a second living. Downstairs, the space of the open plan living, dining, and well-proportioned kitchen provides the perfect area for family living and entertaining. Sky lights, plenty of windows, and a light interior has created a bright, open feel throughout the home.
NIKILA CREAGH PARKLANDS
• Located on a popular street, with close proximity to Northlands Mall, transport, cafes and services in the heart of Papanui. Zoned for Paparoa Street School, Heaton Normal Intermediate, and Papanui High. Also convenient to a number of popular private schools.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
02
20 Chartwell Street, Burwood You’ve definitely got to see this home! • This is a wonderful opportunity for families and investors looking for a sizeable home, close to great amenities. This fully renovated, refurbished and repaired generously sized 3 bedroom family home is ready for you to move in, unpack and start living! • You could easily mistake this for a new home. Offering two living areas, 3 bedrooms and a new kitchen, the layout is spacious, open plan and flows well from a central living room which opens from bi-fold doors to a private and sheltered deck area. Adjoining this living room is the kitchen/dining and sitting area which gives you options and space of which you have room to enjoy. • The grounds have been carefully landscaped leaving you the opportunity to choose your own plantings. Expansive grassed areas make it a great place for children and their outdoor toys and pursuits. • Be the next family to enjoy a plethora of lifestyle conveniences, such as Bottle Lake Forest for mountain biking, swimming at Waimairi Beach and the Waitikiri Golf course. The land is TC2. Does it get much better than this?
DOUG & DEBBIE SOPER PAPANUI
FOR YOUR REFERENCE. SALE PRICE
$...........................................
IN 2015 WE HELD
686 AUCTIONS...
03
3 Serama Place, Burwood Action Required - Auction Thursday • Owners have purchased and are keen to sell this property on Thursday. • Tucked in a quiet street in Cameo Grove, this modern home provides you with a great opportunity to enjoy a relaxed and peaceful lifestyle. Completed in December 2011, it has the features you would expect from a recent build. • With four generous double bedrooms, two living areas, a study, and central kitchen with pantry, there is plenty of space for all of the family. • Cameo Grove is an enclave of very tidy homes that have been constructed within the past six years, and access is off Burwood Road, just opposite Burwood Hospital. This area is ideally located in zone for Marshland and Waitakiri Primary Schools. • Numerous options for recreational activities close by include Bottle Lake Forest Park, Travis Wetlands and Golf Courses.
JUDITH BODGER PARKLANDS
• This fabulous home has served the current owners and their family well and they have loved their time there, but now they are ready to move on to the next exciting chapter in their lives.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
04
154 Bowhill Road, North Beach Cheap and Cheerful - As Is, Uninsured • If you’re on a limited budget and just want a place to call home, then this could be the answer you’re looking for. • This two-bedroom weatherboard home is probably past it’s ‘best by’ date but offers a comfortable level of accommodation, a fully fenced yard with ample off-street parking, and a location resplendent with benefits. • It’s less than 100m to the brand new Rawhiti School and the corner dairy, the bus stops right outside the gate, and it’s just a short stroll to the beach, kindergarten and pre-school facilities, local suburban shopping centres, recreational facilities and other neighbourhood amenities. • The cross-leased site is low-maintenance, and the dwelling offers scope to renovate and add value. With many new builds and extensive infrastructural repairs in the area this neighbourhood is gradually and surely appreciating. • The overseas owner has moved on and is keen to see a photo of a SOLD sign on the fence.
ANDREW SWIFT NEW BRIGHTON
FOR YOUR REFERENCE. SALE PRICE
05
$...........................................
24 Eversleigh Street, St Albans Central & Sophisticated! • Designed with flair and built to the latest post-quake specifications (2014), this contemporary townhouse with great street appeal offers style and sophistication at every turn. • Superbly positioned in the heart of one of the city’s most sought-after locations, this fabulous residence boasts three bedrooms and two luxurious bathrooms (including an ensuite off the master), both of which have undertile heating. • The exquisite kitchen (complete with BOSCH oven and granite benchtops) is complemented by 2 fabulous interconnecting living spaces, including a formal dining area in the centre. The study nook is an added bonus, as is the abundance of storage, while other highlights include smart wiring, two heatpumps and double-glazing throughout.Outside, the sunny north facing landscaped grounds create a sense of Zen-like tranquillity.
MARY TURNBULL PAPANUI
• The icing on the cake is the zoning for some of the city’s most sought-after schools, including CGHS, CBHS, Heaton Intermediate and St Albans Primary.
FOR YOUR REFERENCE. SALE PRICE
06
$...........................................
42 Mary Street, Papanui Long held investment - “as is where is” • Having been owned by the same family for a considerable number of years, the owners have taken a cash settlement and provided clear instructions to sell on an uninsured, “as is where is” basis, the message is clear it must be sold. • The facts: • - built 1930’s, the originality of the property has been retained • - sited on a 516sqm of TC2 (Green/Yellow) and zoned L2 (Living 2) • - Current rateable value for the land is $215,000. as per valuation date of November 2013 and currently renting for $265.00. • Deemed a repair. The owner has chosen to take a cash settlement. LIM Report, Title, Engineers reports available upon request.
LEEANN MARRIOTT PAPANUI
• So what will happen to this investment property situated in a prime location? Will you be the one to determine its future?
FOR YOUR REFERENCE. SALE PRICE
$...........................................
03
[6]
WAYS TO SAVE BIG ON SUMMER TRAVEL! HERE’S SOME PRACTICAL TIPS AND INSIDER SECRETS TO TAKE THE HASSLE AND THE EXPENSE OUT OF A SUMMER VACATION AND GET YOU WHERE YOU WANT TO BE!
GOLD NEWS Save on: Accomodation
Save on: Airfare and hotels
How: Look beyond hotels
How: Research package deals
Especially if your family or group is too big for a hotel room, you can find better rates by renting a house, or apartment, or by exploring home swapping..
Psst: Airlines and hotels are willing to offer incredibly low prices to fill their rooms and seats. But because they’re reluctant to publicize these low rates, they sell some rooms and seats to companies that put them together as package, deals. Before you purchase a package, deal, take a look at the hotel’s website and rates and research what the airfare and hotel would cost if you booked them separately -- that way you’ll know you’re getting a good deal
Save on: Cruises How: Book through a travel agent Over the years we've interviewed our share of cruise industry professionals, and they agree on a few easy ways to save big: Book through a travel agent, who often has a close relationship with a cruise line to help you get upgrades and extras. If you like a particular cruise line, joining its loyalty program can nab you invites to members-only events and coupons worth up to $500. On a less-loyal note, however, you'll usually save on airfare if you book flights independently, not from a cruise line. Save on: Petrol How: Drive smart With the price of petrol, there’s never been a better time to get to know your car -- or a rental car -- a little better. Why? Because smart driving is one of the easiest ways to shave dollars off your fuel costs. For instance, for every 5 mph over 60 you drive, you spend around 25 cents’ worth of gasoline. The car’s air conditioner is a money leech, too: Keep costs down by using air conditioning as little as possible, parking in the shade, and, if you do resort to A/C, open the windows first to let the hot air out. Avoid jack-rabbit starts, and remember that every 100 pounds of luggage reduces your car’s fuel efficiency by one to two percent.
Save on: Airfares How: Know when to buy According to farecompare.com, the best time to buy airline tickets is Tuesdays at 3 p.m. While other sources are less specific, it’s generally agreed that purchasing mid-week (Tuesday, Wednesday, Thursday) will nab you better rates because airlines release their promotional fares on Sundays and Mondays and often raises prices at the end of the week. And booking about eight weeks in advance can be the sweet spot for keeping costs low.
Save on: Rental cars How: Get a free upgrade Book the cheapest rental car you can live with and arrive early in the day, before most customers have returned their cars. Result? The agency may not have any cheap cars to give you, and they are obligated to give you a bigger model at no extra charge. If they try to sell you an upgrade, say no. If it turns out they haven’t run out of cheap cars, politely ask for a free upgrade.
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Market Comment
GOLD COMMENT
The local Real Estate market finished 2015 in much the same pattern as we had seen throughout the year. Sales continued to remain strong and healthy, with prices showing no major significant movement in either direction
JIM DAVIS BUSINESS DEVELOPMENT MANAGER HARCOURTS GOLD
As we launch into the start of another year, it seems a bit funny reporting on what was happening last year, however the December Real estate market for Christchurch was just under a month ago. The local Real Estate market finished 2015 in much the same pattern as we had seen throughout the year. Sales continued to remain strong and healthy, with prices showing no major significant movement in either direction, stock levels were reasonably consistent with the end result being what we call a strong steady market that is favouring buyers and sellers equally. There were some 626 recorded sales for the Christchurch region just slightly down on November’s sales level, but this is typical on a yearly basis as the market winds down for Christmas, and businesses shut up shop for the last week of the year. What was evident in the market place was that there were still good numbers of buyers waiting for the “right” property to come onto the
market, the pressure situation that the markets were experiencing a few years ago where buyers were almost forced to compromise on their wish list no longer exists. Good levels of New builds, remediated stock, and subdivision options mean that most buyers now have choice. The first home buyers’ market was showing plenty of interest and huge improvement in the latter part of last year following the overall stabilisation of house prices. In this early part of 2016 it is particularly evident following what is shaping up to be a low level fixed interest rate war between the banks that first home buyers are already starting to look with renewed enthusiasm. So what are we picking for 2016, I would expect that the overall market in Christchurch will remain strong and steady, Immigration will likely continue to underpin both our local and the national market, I am not expecting to see much in the way of price rises over the next year, with the real possibility we could see a
softening in the value of property later in the year. Much will likely depend on what happens with China Globally and to a lesser extent with our softening Rental market here in Christchurch. The local rental scene has seen a softening in market rentals over the last year or so, this is completely understandable when we look at the number of homes and apartments now completed in Christchurch. The premiums that were achieved following the quakes have now definitely gone and rental rates are now back to similar pre quake levels. The choice is huge for tenants and they are definitely looking for affordable, well maintained, warm, dry and comfortable accommodation. Properties that don’t meet this criteria are struggling to rent in the current rental market. Good luck for 2016, I think it is going to be a strong solid year.
RTS
NO.1 FRANCHISE FOR
HARCOURTS IN
NZ
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CONSULTANTS
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TOP 10
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FOR REVENUE PER SALES
CONSULTANT GROUP 5 2013-2015
HARCOURTS GOLD
JANUARY 2016 TOP
CONSULTANT IN JANUARY
02
MARY TURNBULL
CAMERON BAILEY
PAPANUI
PAPANUI
06 DEBBIE SOPER PAPANUI
I would like to acknowledge the expertise, determination and care our top ten consultants for January have demonstrated. Their skill and understanding of the complexities of our local Christchurch market have produced some exceptional results for our owners.
07 ANDREW SWIFT
NEW BRIGHTON
I am proud to work with this polished and professional group.
JOHN MCFADDEN AREINZ BUSINESS OWNER HARCOURTS GOLD
“These summer months are an excellent time to consider a real estate move. Talk to any of this team in confidence for an update on the market.”
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04
05
MARK O’LOUGHLIN
SANDRA O’BRIEN
JULIE PROCTOR
REDWOOD
PAPANUI
PAPANUI
08 LEEANN MARRIOTT PAPANUI
09
10
ESTELLE YANG
TRACY FREW
PAPANUI
PAPANUI
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Conduct of Auction This is an extract from the contract so please refer to complete terms as supplied and available on display.
• The property is offered for sale subject to a reserve price being met, the highest bidder whose bid is accepted by the auctioneer shall be the purchaser. • The auctioneer may nominate the sum by which the bidding can be raised. • The auctioneer may refuse any bid. • The auctioneer or the licensed real estate agent acting for the vendor in respect of the sale may submit a bid on behalf of any person. • The auctioneer shall identify a person so acting before the commencement of bidding. •
The vendor reserves the right to bid personally, by a representative, or through the auctioneer and to withdraw the property at any time before it has been sold and with out declaring the reserve price.
• If a dispute arises concerning any bid, the auctioneer will determine the dispute or re-offer the property at the last undisputed bid.
THE PURCHASER SHALL IMMEDIATELY ON THE COMPLETION OF THE AUCTION: a) Sign the Memorandum of Contract failing which the auctioneer may sign on behalf of the purchaser. b) Pay to the vendor’s licensed real estate agent the deposit being 10% of the purchase price unless otherwise agreed; and c) Complete its GST information in Schedule 1.
07
UPCOMING
GOLD
AUCTIONS 3RD MARCH
10TH MARCH
85 Glandovey Road
Mark O’Loughlin
201 Achray Road
Belinda Dunster
80 Hawthorne Street
Deb Harvey
37 Baylis Drive
Alister Anderson
27 Papaumu Green
Peter Griffioen
35 Baylis Drive
Alister Anderson
40 Ben Nevis Drive
Mary Turnbull
8 Octavius Lane
Clare Beer
148 Palmers Rd
Lewis Donaldson
680 Hills Road
Mark O’Loughlin
26 Mistral Road
Deb Harvey
78 Willowview Drive
Belinda Dunster
37 Springwater Ave
Deb Harvey
17 Cracroft Terrace
Cameron Bailey
140 Glenstrae Rd
Cameron Bailey
27 Harvey Terrace
Lewis Donaldson
49 Redruth Ave
Cameron Bailey
2 Chaston Close
Cameron Bailey
20 Rutherglen Ave
Mary Turnbull
66a Mansfield Ave
Cameron Bailey &
48 Tosswill Road
Foss Shanahan
Ashley SutherlandTodd
38 Mayfield Ave
Mark O’Loughlin
101E Barbour St
Katherine & James
88 Mays Rd
Mary Turnbull
Shepherd
7 Croziers Rd
Debbie Gordon
45 Lionel St
Sharon Trumper
275 Breezes Rd
Peter Griffioen
19 Royalist Avenue
Peter Griffioen
99 Stanbury Ave
Peter Griffioen
40 Castletown Place
Peter Griffioen
FOR A COMPLETE LIST OF OUR UPCOMING AUCTIONS GO TO:
http://www.homes4sale.co.nz /auction/upcoming-auctions
08
AUCTION BID RECORD 25TH FEBRUARY 2016
ADDRESS
ADDRESS
PAPANUI BRANCH & ADMINISTRATION
NEW BRIGHTON BRANCH
471 Papanui Road, Papanui PO Box 5400, Papanui, Christchurch 8542 DX WP24520, Christchurch PH: (03) 352 6166 FAX: (03) 352 1322 E: enquiries.papanui@harcourtsgold.co.nz
New Brighton Mall PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 382 0043 FAX: (03) 388 0116 E: enquiries.newbrighton@harcourtsgold.co.nz
Harcourts gold, International & Migrant Division, 473 Papanui Road, Papanui PO Box 5400, Christchurch 8542 | PH: (+64) 3 662 9811 | FAX: (03) 352 1322 | E: 888@harcourtsgold.co.nz
GOLD PROPERTY MANAGEMENT LTD 501 Papanui Road, Papanui PO Box 5400, Christchurch 8542 PH: (03) 352 6454 FAX: (03) 352 6456 E: gpm@harcourtsgold.co.nz
REDWOOD BRANCH 280 Main North Road, Redwood PO Box 5400, Papanui, Christchurch 8542 DX WP24520, Christchurch PH: (03) 352 0352 FAX: (03) 352 8400 E: enquiries.redwood@harcourtsgold.co.nz
GOLD REAL ESTATE GROUP LTD LICENSED AGENT REAA 2008 A MEMBER OF THE HARCOURTS GROUP
VIEW OUR LIVE ONLINE AUCTIONS AT...
www.homes4sale.co.nz
PARKLANDS BRANCH Parklands Mall, Queenspark Drive PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 383 0406 FAX: (03) 383 0525 E: enquiries.parklands@harcourtsgold.co.nz THE INFORMATION CONTAINED HEREIN IS GATHERED FROM SOURCES WE BELIEVE TO BE RELIABLE. HOWEVER WE CANNOT GUARANTEE IT’S ACCURACY AND INTERESTED PARTIES SHOULD RELY ON THEIR OWN ENQUIRIES
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