ISSUE 42 15TH DECEMBER 2016
reside OUR EXCLUSIVE PROPERTY MAGAZINE
May your Christmas sparkle with moments of love, laughter and goodwill, And may the year ahead be full of contentment and joy.
URT
S
WORK
LD
H
CO
DECEMBER
WITH THE
BEST!
S
M
31 3 4 5
T
6
W
7
T
1 8
F
2 9
10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 GOLD AUCTION DAYS
JOHN MCFADDEN Business Owner Harcourts Gold AREINZ
LYNETTE MCFADDEN Business Owner Harcourts Gold AREINZ
CAMERON BAILEY Business Owner Harcourts Gold & Sales Consultant
HARCOURTS
GOLD
01
ORDER OF SALE
WISH YOU ALL
Meet Our Top Performers
02
THE BEST FOR A
MERRY
CHRISTMAS
IN 2016
03
Welcome to the December edition of Reside magazine The property market is booming this December so 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.
04
Market Comment
05
Gold Chat
06
Happy reading
07 08
Auction Results
Auction Bid Sheet
Upcoming Auctions
Conduct Of Auction
01
ORDER OF SALE
MEET TODAY’S AUCTIONEERS
DECEMBER 15TH 2016 From 10:00 am 01
16 Longspur Avenue, Halswell
02
7 Hornsby Street, Bishopdale
03
1/2 Conifer Place, Huntsbury
04
615 Worcester Street, Linwood
05
10 Charlie Stanton Place, Shirley
06
6 Elgin Place, Prebbleton
07
24 Dormer Street, Papanui
08
19 Dyers Pass Road, Cashmere
09
30 Rossiter Avenue, Redwood
10
2/31 Clissold Street, Merivale
11
24 Huntingdon Place, Avonhead
12
39 Applefield Court, Northwood
13
16 Glamis Place, Cashmere
BRYAN THOMSON FREINZ AUCTIONEER
From 12:00 noon 01
7 Fairway Drive, Shirley
02
79B Leinster Road, Merivale
BEN DEANS AUCTIONEER
BIDDING TIP
NO.1
BE CONFIDENT IN YOUR BIDDING
IN 2015 WE HELD
686 AUCTIONS... FRIENDS AND FAMILY UNABLE TO ATTEND? To view our auctions live online just go to...
www.homes4sale.co.nz Click on the Online Auction button and follow the instructions.
01
16 Longspur Avenue, Halswell
FROM 10:00am
Executive Home Amidst A Family Playground • When asked what our owners have enjoyed during their 8 year tenure, their response was unanimous - "we love the size of the home, privacy and the lovely neighbours in a quiet street." • Built in 2006 by Mike Greer, this 313.5sqm family home offers everything for a family of today. Constructed of plaster over hebel & linea she offers an attractive street appeal and invites you to explore further. Upon entering you immediately get a sense of space and the neutral décor throughout is both light and bright. • The kitchen caters for the modern chef including gas cooking and the breakfast bar will no doubt be the hub of the home where family & friends will gather. Two generous living spaces cater for all with the kitchen/ dining/family area seamlessly blending via bi-folds to the northfacing patio. Beyond this lies the fully fenced & heated salt water swimming pool encouraging the children to truly enjoy the outdoors during warmer months.
SANDRA O'BRIEN PAPANUI
FOR YOUR REFERENCE. SALE PRICE
02
$...........................................
7 Hornsby Street, Bishopdale Make This House A Home • This property is gorgeous but a new owner is required to bring it to life! Our Australian based owners have a new Christchurch base in the central City so this is now surplus to requirements. • A beautiful sunny section on the favourable Western side of the road, great back yard and fully fenced so you can relax while children or furry friends run free. • The house been tastefully updated and has double glazing in the living area, a heat pump and heat transfer system providing year round comfort. • Three double bedrooms, bathroom, separate toilet and separate laundry its all there.
FOSS SHANAHAN PAPANUI
• A quiet tree lined street and only a short stroll to the Bishopdale Mall. Great school zones with three primary school options, Breens Intermediate and Burnside High School.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
03
1/2 Conifer Place, Huntsbury Magic Views and Massive Motivation! • Located on the lower slopes of Huntsbury Hill and enjoying a compelling view out across the city, this sun-drenched townhouse is offered to the market by motivated vendors who are anxious to embark on the next chapter of their lives.. • Robustly constructed from brick in the late 60s, this much-loved home boasts two double bedrooms (both with built-in wardrobes) and a good-sized bathroom complete with bath and separate shower. • The open-plan kitchen dining area is complemented by a separate lounge; a heat pump and a store heater promise year-round comfort, and a separate laundry enhances functionality. Well-established gardens frame the home, while internal-access garaging completes the appeal. • Surrounded by other well-maintained homes in a pocket of the city renowned for being both quiet and safe, this easy-care home will attract interest from a wide range of prospective buyers. Our owners, who are shifting to a retirement resort, are keen to achieve a result as swiftly as possible, and immediate action is urged.
DEB HARVEY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
04
$...........................................
615 Worcester Street, Linwood Prepare To Fall In Love! • There's a wonderful feel about our feature property; a sense of something special that emanates from this lovingly-maintained character villa. Originally built in the early 1900s, this charming home boasts three double bedrooms, a well-appointed bathroom (with freestanding bath) and a modern kitchen complete with all the bells and whistles. • Family entertaining is at its best with an open plan kitchen/dining/living area and a separate formal lounge(or 4th bedroom) offers further options. High ceilings, leadlight windows and stunning Rimu floors all contribute to the timeless appeal of this enchanting home. • Outside, the landscaped 661m² grounds are as alluring as the home itself. Manicured lawns and established plantings help to create an incredibly peaceful setting, while a variety of sheltered entertaining areas ensure you're spoilt for choice when it comes time to relax and unwind.
MARY TURNBULL PAPANUI
• The great neighbours are the icing on the cake, while the cherry on top is the proximity to a host of handy amenities including the CBD, cafes and shops!
FOR YOUR REFERENCE. SALE PRICE
05
$...........................................
10 Charlie Stanton Place, Shirley Up for Grabs: Modern Home Must Sell • No doubt about it, this modern and practical family home must sell! Spacious and sunny, with easy-care gardens on 539 sqm of TC2 land, the owner's strong motivation presents an opportunity for home owners or investors to secure a great property. Situated in a quiet cul-de-sac, close to Home Base and The Palms, access is easy to the CBD or beach. • Facing north for maximum sun, the large open-plan living has room for lounging and dining, and flows to the garden for easy entertaining. The kitchen is a functional workspace featuring a roomy breakfast bar. An adjoining separate lounge also opens to the garden, while a gas fire keeps it cosy during cooler months. • The master bedroom opens to its own patio and features a WIR and en suite. Three additional bedrooms share a family bathroom, while an office and double internal-access garage add convenience.
CAMERON BAILEY PAPANUI
• Outside, the sheltered garden is neat and easy-care, with sunny terraces for outdoor living.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
06
6 Elgin Place, Prebbleton Elegant Elgin • Super stylish four bedroom home, built in 2014 and immaculate inside and out. • When you've got choice why not buy a home that stands out from the rest! Full of natural light and seamless indoor/ outdoor flow to a landscaped and fully fenced back yard. This is the ultimate haven for family and friends. Our owners have completed their new home on a lifestyle block meaning this one is needs to be sold. • A real entertainers kitchen with an open plan kitchen dining/ lounge plus a separate living area. A stunning master suite and three further generous double bedrooms , separate laundry and a study nook. It really has it all! Double internal access garage with plenty of room to park a boat or RV also (beside the garage). • These owners are perfectionists and the quality and presentation of this home reflects that - however their instructions are clear - "Foss get it sold". So don't underestimate this owners intentions - its such a buzz when quality and price meet together.
FOSS SHANAHAN PAPANUI
FOR YOUR REFERENCE. SALE PRICE
07
$...........................................
24 Dormer Street, Papanui Contemporary Classic! • Built in 2014, this exquisite contemporary home is enviably positioned in the heart of one of Christchurch's most sought-after locations. • Reassuringly set upon rib-raft foundations, this stylish two-storey home is clad in Linea board with aluminium joinery and a Colorsteel Endura roof. Ample accommodation is provided by four good-sized bedrooms (all with built-in wardrobes), while two bathrooms (including an ensuite off the master) and a total of three toilets help to guarantee household harmony! • The well appointed kitchen which boasts a 90cms SMEG oven and dishwasher are just the tip of the iceberg when it comes to the quality fixtures and fittings on display throughout the superlative kitchen, while a thoughtful blend of formal and informal living areas including an open plan kitchen/dining/living area and interconnecting formal lounge/large study ensures the ability to cater to any and every occasion...
MARY TURNBULL PAPANUI
• Homes of this calibre, in this eminently popular spot, invariably attract a lot of attention, and interested parties are advised to act fast.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
CHRISTMAS HOURS PAPANUI, INTERNATIONAL, GOLD PROPERTY MANAGEMENT & PARKLANDS Closed from 5pm, Thursday 22nd December 2016, reopening 8.30am, Wednesday 4th January 2017
REDWOOD, PARKLANDS PROPERTY MANAGEMENT & NEW BRIGHTON Closed from 5pm, Thursday 22nd December, 2016 reopening 8.30am, Monday 9th January 2017
“In thirty six years of buying and selling properties on three continents, twenty in all, I have not had such a full on,totally competent backing to the sale of my house. All 100% first rate! Every promise kept, every suggestion sincere and helpful.”
100% FIRST RATE!
PAM
08
19 Dyers Pass Road, Cashmere The Best of Hill Living • This stunning renovated home offers the best of hill living: a sunny northwest aspect, elevated position offering uninterrupted views, easy drive-on access and zoning for sought-after schools. A location on the lower slopes provides easy access to cafés, shops, supermarket and the CBD. • Taking full advantage of the sun and views, the open-plan living spills out to a spacious deck. Warmed by a log-burner, this is a comfortable room for all seasons. Sharing the space is a sleek, new kitchen with an outlook to delight the home chef. The adjacent dining opens to a rear deck - the perfect place to enjoy your morning coffee. Four double bedrooms are on one level for practicality, and the master features a smart new en suite. The tiled family bathroom is equally impressive. Throughout the home, a chic monochromatic colour scheme is an elegant backdrop.
CAMERON BAILEY PAPANUI
• A single garage plus additional off-street parking ensures convenience, while the 612 sqm section includes flat paved and lawn areas, as well as lush established plantings for shelter and privacy.
& JACK LOURIE
FOR YOUR REFERENCE. SALE PRICE
09
$...........................................
30 Rossiter Avenue, Redwood Her size will surprise • With a new business venture in the wings, all that is holding back proceedings is selling the family home. And what a great family home this has been. • My owners have enjoyed the property's proximity to everything including sporting activities, access to town & malls and have found it a very light & bright home to live in amidst a peaceful neighborhood. • Constructed of summerhill stone with aluminium joinery & an extension added in 2006 which has been a thoughtful addition & turned a 'home' into a 'family home'. Of greatest appeal will be the size of all the bedrooms - generous doubles including a private wing for the master bedroom with walk in robe and ensuite.
SANDRA O'BRIEN PAPANUI
• The kitchen sits open plan to the dining room which blends with the spacious lounge. Indoor/outdoor flow to a wraparound deck and private fully fenced yard ensures that summer months and outdoor entertaining are enjoyable. Both bathrooms are modern and there is that much sought after separate bath along with a separate good sized laundry.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
10
2/31 Clissold Street, Merivale How Low Will She Go??? • This owner has left Christchurch and a sale is essential! • Just completed is this gorgeous two bedroom unit ready for a new owner to move in and enjoy!! Located in the middle of the block on the ground floor with a private North facing patio. • Live in style with brand new appliances which include a dish drawer washing machine and drier plus a fridge! Both bedrooms are good sized doubles with built in wardrobes. The kitchen is full of natural light with open plan dinning / living and of course leads straight out to the patio area, meaning your lifestyle here is full of fun and spare time with such low maintenance required. • Separate bathroom, single carport plus extra space for storage and bikes complete the picture. • All the benefits of modern construction under pinned by blue chip address make this a must for first home buyers, a city bolt hole and investors.
FOSS SHANAHAN PAPANUI
FOR YOUR REFERENCE. SALE PRICE
11
$...........................................
24 Huntingdon Place, Avonhead Quality With Style! • Move in before Christmas! • Professionals, mature couples and growing families will all be attracted to this property in a popular location. Superbly located being so close to Avonhead mall, Canterbury University, Christchurch Airport whilst also being zoned for Burnside High and Merrin Primary School. • This stylish, sophisticated and modern home, with sweeping curves and bold design statements contribute to its timeless appeal. The original plans were quite obviously inspired by the stunning vistas, and nowhere is this more evident than in the kitchen - a sun-soaked space, with Granite benchtop and breakfast bar to gather family and friends around.
ESTELLE YANG PAPANUI
For the best mortgage advice talk to your Harcourts gold consultant or our specialised Mortgage Express brokers today.
• Accommodation is provided by three bedrooms and study areas, including a master with a large built-in-robe. A blend of open-plan kitchen/dining/living and a separate formal lounge has high ceilings with a log burner, a heat pump and provides the ability to cater to any and every occasion. The kitchen/dining area flows outside onto a large private patio easy flow onto the garden.
FOR YOUR REFERENCE. SALE PRICE
Cherie Campbell
PH 0274 555 215 cherie@mx.co.nz
$...........................................
HARCOURTS GOLD,
IN THE SPIRIT OF
CHRISTMAS, IS GIVING YOU
EIGHT
OPPORTUNITIES TO WIN A FREE HALF HAM!
with mas rts gold! t is r h C u ...this at Harco the team
enter on our website www.homes4sale.co.nz
12
39 Applefield Court, Northwood Social Butterflies Wanted • Those who love to entertain will be instantly drawn to our feature listing, a substantial family home located within the popular gated area of Styx Mill Country Club. • Built just over a decade ago, this very appealing home boasts four double bedrooms (master with walk-in robe) and two superbly-appointed bathrooms, one of which includes a spa bath. • Versatile, interconnecting living areas provide the scope to host both intimate gatherings and large get-togethers, while the gourmet kitchen ensures the ability to cater to any and every occasion. Other highlights include a study, a separate laundry, and an array of intelligent heating solutions (including a gas fire, a heatpump, and undertile heating). • Multiple sets of bi-folding doors provide seamless access to the expansive section, where sun-soaked patios offer plenty of space for entertaining in the private and tranquil fully-fenced grounds.
DEB HARVEY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
13
$...........................................
16 Glamis Place, Cashmere Modern Style, Contemporary Living • Combining 1970s style with contemporary comforts, this striking home offers comfortable living in a superb location. Nestled on a rear site alongside the hills, on 852 sqm of sunny, sheltered land, it is close to cafés and shops, and zoned for sought-after schools. • A striking first impression greets visitors as they enter this private and tranquil property. Inside, a series of spacious open-plan living areas enjoy excellent natural light and garden views. The sleek contemporary kitchen is an appealing and practical work space, adjoining a timber-floored dining room. The lounge alongside is warmed by a log-burner and opens to outdoor living and a large conservatory: a sunny and flexible space perfect as a second lounge or playroom. Three comfortable bedrooms are served by a bright and spacious bathroom with double basins, sleek modern bath and separate shower.
LEWIS DONALDSON PAPANUI
• Outside is a separate double garage. The stunning grounds feature established plantings to create a relaxing setting for outdoor living and entertaining.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
01
7 Fairway Drive, Shirley
FROM 12:00noon
Fairway To Heaven! • Offered to the market just in time for summer, this substantial 5 bedroom home promises endless hours of family fun! • Comfortable family living is the key driver behind this 270m2(approx.) home is located in sought after Fairway Park. Movement flows seamlessly between the kitchen/dining area, the interconnecting family room and separate formal lounge, all of which are bathed in natural light thanks to the abundance of glass. • Three bathrooms, including 2 ensuites and a brand new family bathroom, will well and truly cater for all the family members. Other highlights include a study, stunning White Oak timber flooring, and an array of intelligent heating solutions. • Outside, the expansive, fully-fenced grounds are a safe haven for kids and pets alike, with the in-ground swimming pool sure to be a hit during the warmer months. The garden shed is an added bonus, while double, internal access garaging and plenty of additional off-street parking complete the appeal.
MARY TURNBULL PAPANUI
• As an added bonus, the highly-acclaimed Christchurch Golf Course is literally a stone's throw away.
FOR YOUR REFERENCE. SALE PRICE
02
$...........................................
79B Leinster Road, Merivale Private Sanctuary, Perfect location on Leinster • If you're looking for lifestyle and location, then look no further! This often admired 3 bedroom townhouse has been a loved place of residence for just over 20 years. Asked what they have loved about living here, our owners said "the sun, the quiet, the convenience of location and the easy lifestyle". • Sounds idyllic to me! With current needs changing this spacious tranquil sanctuary is available for the astute buyer who appreciates the value of location and longs for the same, much sought after lifestyle and convenience to the parks, Merivale Mall and really, central to everywhere!
DOUG & DEBBIE SOPER PAPANUI
• North facing adjoining open plan living areas spread across the ground floor and open through French doors to the sunny private and sheltered courtyard, the perfect place to enjoy al fresco meals & entertaining. Three double bedrooms share the upper level. The master bedroom has a walk-through wardrobe to a large ensuite/family bathroom with a second bathroom downstairs.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
Ingredients 9 eggs, 2 tablespoons olive oil, 1 red onion (thinly sliced),
SUMMER HAM FRITTATA
200g leg ham (cut into 1cm cubes), 1 cup (120g) frozen baby peas (not thawed), 2 cups cooked macaroni or other short pasta, 1 cup (120g) grated cheddar cheese chutney to serve
STEP 1 Heat oil in a 22cm ovenproof frypan over medium heat. Cook onion, stirring, for 2-3 minutes until softened but not coloured. Meanwhile, whisk eggs in a bowl with salt and pepper. Add ham, peas, pasta and cheese to pan with onion. Pour over the eggs, then reduce heat to very low and cook for 6-8 minutes until almost firm, tilting the pan and drawing in the sides from time to time so egg cooks evenly. STEP 2 Preheat the grill to medium, then place pan under the grill for 3-4 minutes until top is golden. Cool slightly, then turn out and slice. Serve with chutney and salad.
02
CONSULTANTS
HARCOURTS GOLD
R
UR TS G CO
LD O
TOP 10
HA
02
WORK WITH THE
BEST!
NOVEMBER 2016 TOP
02
CONSULTANT IN NOVEMBER
CAMERON BAILEY
MARY TURNBULL
PAPANUI
PAPANUI
06
07
LAUREN CLEMETT PAPANUI
FOSS SHANAHAN PAPANUI
Standing out in a high-performing team, the top ten consultants at Harcourts gold are experts in navigating the Christchurch market.
Their success is testament to their diligence and the tremendous hard work they put in on behalf of owners.
Demonstrating their expertise in the auction room or across the negotiating table to deliver the best results for owners of homes at all price levels.
I am extremely proud to work with these real estate professionals.
JOHN MCFADDEN AREINZ BUSINESS OWNER HARCOURTS GOLD
“Now is an excellent time to consider a real estate move. Talk to any of this team in confidence for an update on the market and how you can get the best out of it!”
03 SANDRA O'BRIEN PAPANUI
08
04 PETER GRIFFIOEN PARKLANDS
09
MARK O'LOUGHLIN
DEBBIE SOPER
REDWOOD
PAPANUI
05 ANDREW SWIFT NEW BRIGHTON
10 BELINDA
DUNSTER REDWOOD
03
AUCTIONS DRIVE RESULTS ‘MAGIC TOOK PLACE BEFORE OUR EYES AT THE AUCTION. I’D SPENT A RESTLESS NIGHT WORRYING NEEDLESSLY ABOUT MY BOTTOM LINE. THE AUCTION JUST ERUPTED ROARING WAY PAST OUR RESERVE, WAY BEYOND RV, AND WE SUDDENLY FOUND OURSELVES THE CENTRE OF ATTENTION, WITH APPLAUSE, HANDSHAKES, HUGS AND KISSES ALL ROUND. EVEN NOW I’M FEELING QUITE STUNNED ABOUT WHAT TOOK PLACE.’ KIND REGARDS CHRIS AND DEZZA AXFORD
0 WITHDRAWN
37 PROPERTIES CONSISTING OF SOLD PRE AUCTION
6 PROPERTIES
7%
NOT SOLD ON OR BEFORE AUCTION DAY
21 AVAILABLE
37 PROPERTIES
45%
3 CUR
6 CURRENTLY UNDER OFFER
55%
1 SO
6 SOLD BETWEEN 0-5 DAYS
SOLD SOLD BY AUCTION
4 SOLD BETWEEN 6-10 DAYS
TOTAL SOLD PRE AUCTION
40 PROPERTIES
48%
21 PROPERTIES
TOTAL SOLD BY AUCTION TOTAL NOT SOLD ON OR BEFORE AUCTION DAY
80
SO
SOLD PRE AUCTION 2 PROPERTIES
5%
NOT SOLD ON OR BEFORE AUCTION DAY
8 PROPERTIES
20%
AUCTION STATISTICS BASED ON...
83 AUCTIONS
Auction is now a mainstream method of marketing and our statistics continue to reinforce the credibility of selecting this method of selling.The numbers demonstrated above can give confidence to anyone considering auction.
AMONGST THE FACTORS CONTRIBUTING TO OUR SUCCESS ARE:
HELD IN HARCOURTS GOLD AUCTION ROOMS IN
01
The use of two auctioneers on auction day, doubling the expertise, preventing delays in proceedings and providing additional negotiation assistance.
NUMBER OF AUCTIONS CONDUCTED THIS YEAR
02
Highly trained and exceptionally skilled gold consultants.
NOVEMBER 2016
575.5
03
The provision of an attractive, customised and non-threatening environment with online hosting so our auctions could be viewed from anywhere in the world.
307.5
04
GOLD CHAT
Recently I took the opportunity to go through an open home of a neighbouring property; in fact, from that property you can look directly into ours.
Lynette McFadden BUSINESS OWNER HARCOURTS GOLD
The home in question was stunning, both spacious and beautifully presented. The consultants hosting the open home were absolute professionals and although the words ‘nosy’ and ‘neighbour’ never came up, in less polished hands, they may have. And that’s the little bee in my bonnet, so to speak. Real estate consultants and owners will often categorise neighbours viewing their homes as ‘sticky-beaks’, or worse, and it’s something I frequently challenge.
LOVE Y O U R NEIGHBOUR! Yes, for some folk it will absolutely be an exercise they go through for purposes other than making a purchase, but for others – and I’ve been in this camp many times – it can mean a potential sale. It makes sense that neighbours buy next-door properties; they buy for themselves, for family members and on behalf of friends keen to get into a specific area or school zone. They believe in the location and its merits, and can at times pay a premium for the privilege. So, all is not lost if you see lists of locals on your open home attendance sheets. Accept it as just another part of the selling process. Breathe deeply and move on.
Here’s another ‘B’ or two: BE Persistent and BE Sensible. In a transitional market, and that’s what I believe our current market is, as demonstrated by the incredible number of properties that are currently available (others refer to it as stock, a word I hate), versus a selective number of purchasers, many of whom won’t be rushed. Choice brings its own set of challenges, especially for owners. It’s time to be sensible with price expectations if you sit outside the market’s ‘sweet spot’, which can adjust almost weekly, or if your suburb is over-supplied, and there are several pockets where this is the case. So whilst I’m advocating an optimistic yet realistic stance
for owners, my message to sales consultants is one of persistence. Showing persistence is such a gutsy stance and all of us like to feel that the person working for us has done absolutely everything they possibly can to bring about the desired result. These actions should include a written marketing plan across multiple media, a structured open day schedule, data base contact, auction or private treaty, and then successful negotiation. The list is extensive and the work ethic needed is strong. And let’s not forget that professional approach when dealing with neighbours; after all, you never know, they just might purchase.
05
Market Comment
GOLD COMMENT The release in mid November of the October sales statistics by the REINZ makes for some interesting reading and analysis. Most years we would expect to see the sales figures in October continue the upward trend and surpass the September sales results. This year that has not happened. In fact, the total number of dwellings and sections sold in the Christchurch marketplace has dropped to around 550, a surprising 100 fewer sales on average in comparison to the months of July, August and September when we had been seeing a consistent 650 odd sales each month. This slowdown of sales is definitely not typical for this time of year and further adds a bit of mystery and intrigue to our current market. I suspect what we are seeing is the impact of the LVR restrictions on both the investor and the first home buyers’ market playing out. While these areas of the marketplace are still showing interest, the bank restrictions are really starting to bite into the activity at this end - a scenario that
the Reserve bank has been working to obtain. Additionally, we have a situation playing out with all the lending institutions where mortgages to overseas buyers have slowed dramatically as new requirements are placed on this sector of the market as well. Consequently, when you slow down investors, first home buyers and overseas buyers all at the same time you have to expect a check in sales activity, and that is exactly what we had in the month of October. Listings wise the reverse seems to have happened, there was a big surge of new stock to the marketplace, especially in comparison to other months this year. So much so that October was our best listing month for the Gold Team, also the best month all year for the number of new auctions listed. This surge of stock has no doubt been repeated across the Harcourts network in Christchurch based on what we see available for buyers to choose from. As an example just last weekend alone there was some 25 properties advertised as Harcourts auctions in the
JIM DAVIS
BUSINESS DEVELOPMENT MANAGER HARCOURTS GOLD one suburb of Fendalton, that is almost unheard of, typically we might expect there to be a dozen or so properties on the go at any one time for auction but not 25. The choice for buyers is plentiful at the moment, and with slowing sales volume in October the inevitable has to happen, so prices took a bit of a setback for the month with the REINZ Median sale price dropping by $10,000. So, all in all, we have quite an interesting volatile market happening in and around us. This market will be further complicated, I suspect, over the next few weeks as we once again get to grips with dealing with post-quake issues following the early morning earthquake activity of the 14th November. I would suggest you choose the Real estate Company and consultant to represent you very carefully at the moment, professionalism will always shine through and whether you are a buyer or a seller using the best people with the best training will pay dividends. As ever, a Gold Real Estate consultant is just a call away.
5
TIPS FOR A PEACEFUL FAMILY CHRISTMAS
Like every year, I’m getting really excited about Christmas. However I know that for many people, Christmas can be a stressfull time, full of planning, preparations and trying to make everyone happy. Here's a great way to have a simpler, but no less joyful Christmas.
1. SIMPLIFY & ADAPT It it always a good idea to think which traditions to keep and which to get rid of. If you don’t like cooking 2546 dishes or feel it’s too much work, consider letting go of it. The traditional Christmas dinner is an elaborate affair, but the truth is that in a warmer climate its not much fun slaving over a hot stove doing the full roast and trimmings. Why not decide to make to make less food and focus on the meals everyone likes eating Everyone is happy as long as we have some of the traditional food like Christmas cake or fruit salad and trifle! So, focus on the traditions you really like, but don’t do them because it’s a tradition. Think of dishes that can be prepared before the day. When asked for presents, suggest books, clothes or something useful. Sometimes, quality and practicality works over quantity!
2. GET HELP! Even with a simplified version of Christmas, it can end up being a lot of work for one person, so learn to delegate. It usually works when everyone pitches in. It’s always a good idea to have everyone be responsible for something- some can help make
the food, others can help clean, yet others can make the decorations. It’s OK to have a more elaborate Christmas dinner just make sure that you’re not the only one preparing it! And of course, children are expected to help as well!
3. CREATE YOUR OWN TRADITIONS Introduce new traditions into your Christmas. Maybe think of combining extended family traditions. In todays multicultural society it's a great idea to incorporate multicultural elements into your own traditions. It doesn’t have to be hard. Think decorations and dishes from other countries. It’s really cool for the children because they get to know Christmas traditions from all over the world.
4. COMMUNICATE Having family over also means having to set up boundaries, communicating needs and explaining your family’s traditions. If you’re the “mistress of the house”, you can easily end up overwhelmed and exhausted, even if you simplify and get help. It is therefore necessary to explain what kind of help you actually need. It is necessary to explain what you will and will not do for Christmas. Don’t worry if you feel your family will put pressure on you. They are usually very understanding, they may however, have different ideas on how Christmas is supposed to look like and may need clear directions. Decide in advance what gifts you want to receive- especially for the kids. Try to be at your best behaviour, but expect the same from everyone. And, if nothing works, consider “simplifying” the guest list as well.
5. RELAX AND HAVE FUN Christmas time is the time to be jolly and spending with family, but often ends up being a source of stress. Unecessarily, I must add. Nothing will happen if you don’t have all the typical dishes perfectly planned and prepared. The important thing for you is to relax. You leave the children with family and go out with your spouse. Let others do the cooking, lie down and read the book you’ve always wanted. Routine is important, and to some children, even more important than to others. Stick to it but don’t follow is religiously. The important thing for you to do is not to worry that the table is not set perfectly and that the napkins are pink when you wanted them to be red. The important thing is to have fun, be with family and relax!
The most important piece of advice for a peaceful Christmas I can give you though, is something I’ve read in an article about Christmas:
"RELATIONSHIPS
COME BEFORE TRADITIONS!"
06
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 16TH DECEMBER
21ST DECEMBER
2 Percy Street
Alister Anderson
2/46 Orlando Crescent
Lewis Donaldson
1-8/166 Salisbury Street
Nathan Tamihana
59 Kotare Street
Debbie Soper
52A Memorial Avenue &
Nathan Tamihana
90 Regency Crescent
Cyrena Xiao
95 Mays Road
Ashley Sutherland-Todd
16 Gleneagles Terrace 14 Staffordshire Street
Peter GrifďŹ oen
179 Matsons Avenue
Chris Mangels
89 Forfar Street
Ashley Sutherland Todd
10 Halliwell Avenue
Debbie Soper
4 Croziers Road
Graeme Jones
2/172 Soleares Avenue
Andrew Swift
279 Cranford Street
Andrew Swift
36A Jeffreys Road
Mark O'Loughlin
FOR A COMPLETE LIST OF OUR UPCOMING AUCTIONS GO TO:
http://www.homes4sale.co.nz /auction/upcoming-auctions
08
AUCTION BID RECORD 15TH DECEMBER 2016
ADDRESS
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
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 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 Gold Property Management Eastside, New Brighton Mall PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 382 0043 FAX: (03) 388 0116 GOLD REAL ESTATE GROUP LTD LICENSED AGENT REAA 2008 A MEMBER OF THE HARCOURTS GROUP
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
VIEW OUR LIVE ONLINE AUCTIONS AT...
www.homes4sale.co.nz FOLLOW US ON...
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