ISSUE 1 28TH JANUARY 2016
reside OUR EXCLUSIVE PROPERTY MAGAZINE
JANUARY HA
C
OU
RTS G O
WORK
LD
R
S
WITH THE
BEST!
S
M
T
F
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
LYNETTE MCFADDEN Business Owner Harcourts Gold AREINZ
GOLD AUCTION DAYS
Business Owner Harcourts Gold AREINZ
W
30 31
JOHN MCFADDEN
T
CAMERON BAILEY Business Owner Harcourts Gold & Sales Consultant
Market Comment
01
02
Ways to save big on Summer Travel 2016 Interior Design Trends
&
03
04
CONTENTS
Auctions Drive Results
05
Welcome to the January edition of Reside magazine The property market is booming this January.
06
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
07 09
ORDER OF SALE
08 Auction Bid Sheet
Upcoming Auctions
Meet our Top performers
Conduct of Auction
01
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.
02
[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.
Amongst the many inspired changes inside and outside houses that come this year, some are very distinctive – first, that strong vital, even playful colours make a huge come back and second that emphasis on environment and nature in unusual spaces – like the bathroom or kitchens. But the innovations go far beyond this. In the richness of the accessories, in the functionality and minimalist use of space and also in the nobility and glamour of the materials used, just a few hints – copper, brass and marble. But here’s a deeper and more detailed look into this years trends.
Colours and Materials The colour palette for this year is filled with shades of pink, red and peach. Accessories and objects will be marked and singled out by shades of green oil, navy, and deep blue – they convey calm and coolness into the premises. The deep moody colours like black and purple are very cleverly combined with the shining surfaces of copper and brass. Trend No.1: Visibility of Materials In this line of thought, a strong trend for 2016 is the visibility of materials such as brass, copper, wood and marble compounds in the design projects. The decor projects for this year are filled with natural materials – for example as coatings cork and marble are coming back strongly, wood, stone, and raw concrete are also here with their timeless presence. This exploration of what nature has to offer and its entwining in the house construct is a strong trend visible also in the wide usage of plant life and garden elements into the interior deco . Trend No.2: The Arrangement of Space and Functionalism of Accessories Another major change in the look of the houses is the presence of functional decorative objects.
Soon there will be no room for useless items. It will become increasingly important to acquire objects that can be processed according to the time and space of the person’s life. The minimalistic, and clever usage and arrangement of spaces is also extremely important for today’s dynamic lifestyle: The kitchen, for example, can be completely hidden from the others spaces for entertainment, or to ‘pop-out’ present when needed. Nowadays we are moving towards a minimalistic model, whose quiet aesthetic allows us to escape the rush of the city. Playing with optical illusion in environments such as kitchen and bathroom, using wallpapers or green walls – everything is allowed to gain space and add charm. The big change, however, is in the home environment that has gained an air of spa: the bathroom. It tends to turn into a relaxation area and it is now common to have benches and seats inside the bathrooms because – if you think about it – a lot of people see the bathroom as an intimate and functional setting. The truth is that we listen to music, read and relax in it, so why not to turn it into a beautiful and welcoming Garden of Eden.
Trend No.3: Nature and a Lush Green Presence The abundance of lush vegetation is definitely a trend but not only in bathrooms . The ‘In’ focus of designers is the increased introduction of green plants and environmentally-friendly residences altogether. Urban gardens in the areas outside of the buildings and even inside of the living premises are a strong presence lately. Helping the natural house ventilation, humid control, and fresh air provides that the natural plant life, green walls or simply lush pots decoration can be a lot of fun. Cultivating a vegetable garden, for example, is not only a great source of herbs, spices, and food ingredients but also a great learning experience for adults and children alike. So in conclusion, we may say that all these trends in interior design bring us closer to a more sophisticated, warmer and well-balanced place to inhabit, where the colours (Gold and Pink, Orchid and Marsala) are playful, easygoing and artistic. Where the materials are noble and natural, the space arrangement and details are functional and minimalistic and of course the strong presence of plant life and green innovations bring our home closer to Nature in an artistic and thoughtful way. ARTICLE SOURCE: INTERIORZINE.COM
04
ORDER OF SALE
MEET TODAY’S AUCTIONEERS
JANUARY 28, 2016 SOLD PRIOR 01
3/74 Canon Street, St Albans
02
21 Palmers Road, North New Brighton
03
9 Bullock Place, Ilam
04
447 Ilam Road, Ilam
From 10:00am 01
22C Browns Road, Merivale
02
8 Birchgrove Gardens, Shirley
03
44 Mackworth Street, Woolston
04 94 Vernon Terrace, Hillsborough
BIDDING TIP
NO.1
BE CONFIDENT IN YOUR BIDDING
BEN DEANS AUCTIONEER
3/74 Canon Street, St Albans SOLD PRIOR You Decide! Rent or Reside! • Located in the heart of an inherently popular part of the city, smart investors and young professionals will be instantly drawn to this two-level townhouse, sheltered from the hustle and bustle by its position on a rear section. • Accommodation is provided by three good-sized bedrooms and is complemented by well-appointed kitchen and bathroom spaces and a generously proportioned open-plan living area. • The location will be the highlight for many, with the Edgeware Village just a stone’s throw away and the city centre to a host of cafes, services and convenient public transport routes underpinning your investment.
MARY TURNBULL PAPANUI
IN 2015 WE HELD
686 AUCTIONS...
21 Palmers Road, North New Brighton SOLD PRIOR As Is, Where Is • Construction type combined with piled foundation renders this property a relatively straightforward repair. Having already taken possession of their new home, our owners have elected to sell on an ‘as is, where is’ basis. • Predominant damage: modest pile and foundation settlement • Dependable brick + iron construction. • Easy access to family friendly 819m2 section. • Sizeable westerly-facing living areas. • - Separate hobby room/garage and off-street parking.
PETER GRIFFIOEN PARKLANDS
• Located just minutes from Waimairi Beach and the local Travis Road shops this convivial community awaits your arrival. • The Rawhiti School and shared AGHS/SBHS campuses (both under construction) are also within walking distance.
9 Bullock Place, Ilam SOLD PRIOR Owners Have Purchased! • Having bought a new property already, our vendors are motivated and determined to sell and meet the market. • As far as properties and locations go, this one is hard to beat, and if you want to enjoy a large lawn and park right next door to your property that the Council maintains, then look no further. • The home, featuring a new Chef’s kitchen is classic Ilam permanent material architecture with three bedrooms and large sunny north facing living. • A home to impress in every way, but also some potential for some updating, that will suit buyers looking for some future upside. • Large TC1 freehold section of 708m2 and school zoning for Westburn Primary and Burnside High complete the package.
CAMERON BAILEY PAPANUI
447 Ilam Road, Ilam SOLD PRIOR Wow! 1,136m2 - As Is, Where Is • Options galore here with either building your dream home on this large site or remove existing house and possibly subdividing into two fabulous sites. • The house is deemed repairable and is currently tenanted. The property is being sold on an ‘As Is, Where Is” basis. • This 1950’s four bedroom, one living plus one sunroom brick property is surrounded by lovely trees with good off street parking and double garaging. • Close to excellent zoned schools including Fendalton Primary, Cobham Intermediate, Christchurch Boys High and Burnside High School. • TC2 - Green/Yellow.
MARY TURNBULL PAPANUI
• L1 land. • Currently insured.
01
22C Browns Road, Merivale
FROM 10:00AM
BROUGHT FORWARD Retirement Decision Dictates Downsize! • Ensconced in the heart of one of Christchurch’s true blue-chip locations, this executive home is offered to the market by owners who are committed to a shift north. • Nestled down a long driveway amidst other homes of undeniable quality, this superbly-appointed home boasts four bedrooms (master with ensuite and walk-in-robe), a total of three bathrooms and three toilets. • The highly-functional kitchen is part of an open-plan area encompassing dining and living spaces and enjoying seamless flow out to the fabulous gardens.
MARY TURNBULL PAPANUI
• Outside, mature trees and established plantings lend the fully-fenced, 755m2 grounds a genuinely tranquil ambience, with private entertaining areas and a sun-soaked deck providing plenty of outdoor living options.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
02
8 Birchgrove Gardens, Shirley Quality Architecture...Beautifully Appointed !! • This is one of the best kept secrets of Shirley.... • Located down a private drive, the home was the winner of a gold award in the 2012 Master Builders House of the Year Awards for excellence in workmanship, creativity and innovation by Mike Greer Homes. • It is constructed of lightweight concrete and features a very cool and funky mono pitch roof design. • Quality exudes from this house with tiled bathrooms, granite bench in the kitchen with a great butler’s pantry and large open plan living flowing into a private courtyard and landscaped garden area. • My owners have purchased their next home and make no mistake this will be sold! • Sited on a TC2 freehold section of 589m2 and designed with the desire and love for entertaining, this will be a house not to just enjoy but one to truly love!
CAMERON BAILEY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
03
$...........................................
44 Mackworth Street, Woolston The Potential Here is Crying out.. • With the current owner having chosen to take a cash settlement on this cute character home, the opportunity has arisen for someone to secure this property on an “as is where is” basis. • On offer is a home that was built around the early 1900’s. There are three spacious bedrooms, open-plan kitchen/dining/living and a bathroom all nestled on a small but tidy section. • The property has been installed with Aluminum double-glazing and there is also a heat pump to provide year around warmth and/or cooling. • The facts: - Deemed a rebuild by the insurance company. • Main damage to foundation - Zoned TC3 (green/blue). • So with the owner moving on, who will take over this property and make the most of the potential that is on offer.
LEEANN MARRIOTT PAPANUI
• Opportunities abound to repair, invest or is this your first home?
FOR YOUR REFERENCE. SALE PRICE
04
$...........................................
94 Vernon Terrace, Hillsborough As Is, Where Is - Why Wait Another 50 Years? • On offer for the first time in 50 years, this largely original 1960s brick-and-iron home will surprise you not only with its enviable position but also with its affordability. • With the insurance claim now settled, our owners have issued a clear edict to sell on an ‘As Is, Where Is’ basis. • Dependable brick and iron construction. • Easy access to family friendly 809m2 section. • Sizeable north-west facing living areas. • Zoned for St Martins School and Cashmere High • Whether your plans are short or long term, holding income from the existing three-bedroom house can only boost your coffers in the interim.
PETER GRIFFIOEN PARKLANDS
• But the time to act is now, so bring your vision and further explore the exciting potential of this rare opportunity.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
05
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
21 PROPERTIES CONSISTING OF NOT SOLD ON OR BEFORE AUCTION DAY
2 CURRENTLY UNDER OFFER
21 PROPERTIES
34%
SOLD BY AUCTION
45 PROPERTIES
58%
70%
18 AVAILABLE
1 SOLD BETWEEN 6-10 DAYS
SOLD
SOLD PRE AUCTION
3 PROPERTIES
8%
TOTAL SOLD PRE AUCTION TOTAL SOLD BY AUCTION TOTAL NOT SOLD ON OR BEFORE AUCTION DAY
AUCTION STATISTICS BASED ON...
69 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.
DECEMBER 2015
686
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
RTS
NO.1 FRANCHISE FOR
HARCOURTS IN
NZ
G
D
CONSULTANTS
C
OU
OL
TOP 10
HAR
06
FOR REVENUE PER SALES
CONSULTANT GROUP 5 2013-2015
HARCOURTS GOLD
DECEMBER 2015 TOP
CONSULTANT IN DECEMBER
02
CAMERON BAILEY
MARK O’LOUGHLIN
PAPANUI
REDWOOD
06
07
DEBBIE SOPER
SANDRA O’BRIEN
PAPANUI
PAPANUI
I would like to acknowledge the expertise, determination and care our top ten consultants for December have demonstrated. Their skill and understanding of the complexities of our local Christchurch market have produced some exceptional results for our owners.
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.”
03
04
05
MARY TURNBULL
PETER GRIFFIOEN
DEB HARVEY
PAPANUI
PARKLANDS
PAPANUI
08
09
10
JULIE PROCTOR
CLARE BEER
DEB CROSBY
PAPANUI
PAPANUI
PAPANUI
07
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.
08
UPCOMING
GOLD
AUCTIONS
4TH FEBRUARY 2016
18TH FEBRAURY 2016
40 Oregon Place
Sharon Trumper
50 Francis Avenue
Mary Turnbull
234 Edgeware Road
Mary Turnbull
23 Stratford Street
Mary Turnbull
228 & 228A Wainoni Road
Ben McNab
23 Tucson Place
Margaret Danzer
& Mark O’Loughlin
24 Primrose Hill Lane
Alister Anderson
66 Mansfield Avenue
Leeann Marriott
197A Clyde Road
Sandra O’Brien
27 Union Street
Debbie Gordon
16 Pohutukawa Cres
Cameron Bailey
6 Office Road
Cameron Bailey
31a Mataroa Place
Cameron Bailey
65 Huntsbury Avenue
Peter Griffioen
75 Browns Road
Cameron Bailey
7 Whio Close
James &
11TH FEBRUARY 2016
Katherine Shepherd
106 Hinau Street
Mary Turnbull
16 Tekapo Place
Lewis Donaldson
50 Murray Place
Mary Turnbull
190 Wainoni Road
Andrew Swift
1 Mica Place
Julie Proctor
25 Carrington Street
Mary Turnbull
176A Rocking Horse Road
Debbie Gordon
201 Weston Road
Cameron Bailey
18 Old Barrow Heights
Cameron Bailey
21 Nancy Avenue
Chris Mangels
UPCOMING AUCTIONS GO TO:
50 Memorial Avenue
Cameron Bailey
49 Radley Street
Peter Griffioen
http://www.homes4sale.co.nz /auction/upcoming-auctions
3A Endeavour Place
Peter Griffioen
FOR A COMPLETE LIST OF OUR
09
AUCTION BID RECORD 28TH JANUARY 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
FOLLOW US ON...