ISSUE 6 17TH MARCH 2016
reside
OUR EXCLUSIVE PROPERTY MAGAZINE
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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 30 31 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
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ORDER OF SALE
Market Comment
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03
CONTENTS
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Welcome to the March edition of Reside magazine The property market is booming this March If you’re looking to buy or sell, steady price growth and low interest rates make Autumn the right time to strike.
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We’re confident that we have properties to meet everyones real estate needs.
Happy reading
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Auction Bid Sheet
Upcoming Auctions
Auction Results
Meet our Top Performers
Conduct of Auction
01
ORDER OF SALE
MEET TODAY’S AUCTIONEERS
MARCH 17, 2016 Sold prior 01
65 McLean Street, Linwood
02
1 Ernlea Terrace, Cashmere
03
9 Roosevelt Avenue, St Albans
From 10:00am 01
65 Randolph Street, Woolston
02
11 Dunkeld Lane, Redcliffs
03
25 Francis Avenue, St Albans
04 9 Macmillan Avenue, Cashmere 05
30 Raineys Road, Lincoln
06
46 Country Palms Drive, Halswell
07
2 Sarabande Avenune, Redwood
08
26 Heaton Street, Merivale
09
16 Holiday Drive, Mairehau
10
32 Draper Street, Richmond
11
22 Blair Avenue, Papanui
12
12 Hackthorne Road, Cashmere
13
83 St Andrews Square, Strowan
BRYAN THOMSON FREINZ AUCTIONEER
From 12:00pm 01
79 Lamorna Road, Parklands
02
19 Ramore Place, Papanui
03
43 Croziers Road, St Albans
01
23 Meon Street, Aranui
02
15 Hilldale Place, Hillsborough
03
43 Willryan Avenue, North New Brighton
03
66 Apsley Drive, Avonhead
03
51 Hills Road, Edgeware
BEN DEANS AUCTIONEER
Sold Prior 01
65 McLean Street, Linwood Attention! Development oppurtunity! • Looking for something to live in whilst you develop? The house consists of three bedrooms with two living areas – would benefit from modernizing – plus numerous sheds onsite. • Of real benefit here is a total of 729sqm of TC2, L2 land. • No reserve contribution here - save you thousands. • Corner site providing easy development options. • Ideal location for development as this property sits in walking distance to Eastgate Shopping Centre and in Avonside Girls High zone. • Hug her, hold her or bowl her over – the choices are many and the choices are yours to make. • Our out of town elderly owner is not returning, so a sale is imminent.
SANDRA O’BRIEN PAPANUI
Sold Prior 02
1 Ernlea Terrace, Cashmere Land and Location to Love • Located in the heart of Cashmere with the local shops and amenities oh so close!! • Private rear section of over 1500m2 is becoming a rear estate rarity • Your children will love playing back yard cricket or kick a rugby ball around • Having been recently repaired, remediated and re-insured, the home is fresh. • Features a modern kitchen with great living spaces opening into a private leafy garden • Large character home has two separate living spaces, four bedrooms and two bathrooms • Circumstances have changed and our sellers have decided not to move in – so house must be sold!
CAMERON BAILEY PAPANUI
• You are not buying a house – but investing in a lifestyle for your family
Sold Prior 03
9 Roosevelt Avenue, St Albans The romance of Roosevelt! • Located on the ever-popular Roosevelt Ave and presented in immaculate condition. • Surrounded by other quality homes and oozing street appeal, this delightful residence boasts three bedrooms, a contemporary bathroom and a superblyappointed kitchen. The open-plan kitchen/dining/living area is inherently warm (thanks in no small part to the near-new log burner), while beautiful timber floors, doors, windows and paneling offer timeless appeal. A separate light filled formal lounge with heatpump also enjoys enviable spaciousness - the perfect spot to relax and put your feet up!
MARY TURNBULL PAPANUI
• Excellent indoor/outdoor flow promotes easy access to the 617m2 grounds, complete with sun-drenched deck, mature gardens and a sturdy double garage. The icing on the cake is the zoning for sought-after schools including St Albans Primary, Heaton Intermediate and Papanui High, while the cherry on top is the proximity to bustling cafes, leafy parks and the array of amenities on offer in the Merivale shopping precinct.
From 10:00am 01
65 Randolph Street, Woolston Let your imagination run wild here.. As is Where is. • Having lived in this home for many years, the time has come for the owners to move on. They have cash-settled with their insurers offering their property for sale on an “as is where is” basis. • The home is sound and warm and has great bones with potential to enhance the character of its era. With 3 good size bedrooms, 2 living areas, fully insulated throughout and a double garage. • - Deemed “a repair” • - Maximum floor variation across the dwelling is approx 72mm. • - Rewired approx 1988 - new roof and spouting approx 2004. • - New double skyline garage erected approx 1992. • - New pellet fire approx 2006. • - Fully insulated.
VICKI GRACE PARKLANDS
• - Supporting documentation is available.
FOR YOUR REFERENCE. SALE PRICE
02
$...........................................
11 Dunkeld Lane, Redcliffs The Pole Position in Real Estate • Offering all the comforts of a new home, this property benefits from a wellplaced site that was secured for its 1980’s initial build. Having been 95% rebuilt to combine luxury with classic styling, this five bedroom home atop Redcliffs draws its inspiration from the jaw-dropping natural vistas. • The breathtaking views over the sea and city are available from most rooms. The use of high quality fixtures throughout the home create a subtle luxury while enhancing the sense of space and serenity to create a light and airy interior. In addition to multiple living spaces, four toilets, two dressing rooms, a state-of-the art kitchen and Yunca fireplace round out a versatile and easyliving home. • Extensive off-street parking complements a three-car garage to ensure there is plenty of room for a boat or visitors’ cars. The low maintenance home is complemented by an easy-care 859m2 section with native plantings so you can focus on all the activities the area has to offer, while still being close to all the opportunities of urban living.
CAMERON BAILEY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
03
$...........................................
25 Francis Avenue, St Albans Superb Living In Francis Ave • Four double bedrooms are a luxury and the master with ensuite and walk in robe is certainly not lacking in space or options. A large open plan kitchen, dining and living as well as an adjacent living area all open on to a sun drenched entertainers deck, perfect for those summer barbecues. The options are endless with one of the two living rooms easily making up a fifth bedroom. • The kitchen and bathrooms are all contemporary in feel and add the finishing touches to a perfect family home. A stunning transformation has taken place over the years re-wiring, re-plumbing, re-roofing, re-lining and comprehensive insulation, so get your checklist out and start ticking.
ASHLEY SUTHERLAND TODD PAPANUI
• Absolutely not a drive by viewing! Don’t be fooled by its cottage feel as looks can be deceiving and upon entering this property, the magnitude of what’s on offer is a wonderful surprise. • This is one of those neighbourhoods you can be proud to come home to whilst in close proximity to sought after schools, cafes, shopping, parks and services.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
04
9 Macmillan Avenue, Cashmere Prestigious Position! • There’s a special feel about our subject property; an elusive quality that hints at years of family fun and precious moments to come. • Perched majestically upon a tree-lined street and enjoying compelling views back across the city, this robustly constructed home (210m2 approx plus garage) plays host to four bedrooms (master with walk-in-robe), and three well-appointed bathrooms, including an ensuite off the master. • The functional modern kitchen comes with quality fixtures and fittings. A variety of living areas offer plenty of versatility; crisp, neutral décor enhances the sense of space, and timber floors throughout much of the lower level add to the appeal. • Outside, mature trees and thriving gardens contribute to the sense of tranquillity, while a manicured 948m section provides plenty of room for the kids to run around. The single garage is complemented by an abundance of off-street parking, and the new asphalt is a further bonus.
MARY TURNBULL PAPANUI
FOR YOUR REFERENCE. SALE PRICE
$...........................................
DON’T FORGET APRIL 3RD PUT YOUR CLOCKS BACK ONE HOUR AT 3AM
DAYLIGHT SAVINGS 05
30 Raineys Road, Lincoln Wow 17 acres! Owners Overseas Say ‘Just Sell It’ • This is a stunning lifestyle section on Raineys Road at the Tancreds Road end. A rectangular shaped site with a good road frontage. • Our owner purchased this great site for the location and easy access to Lincoln, Prebbleton and the City. With 7.8 hectares at your doorstep, this allows you as the buyer lots of options for grazing, plantings, horses or silage. • With our owner now based overseas, this lifestyle section is surplus to requirements and I have clear and direct instructions that they will meet the market on auction day or if sold earlier.
MARK O’LOUGHLIN REDWOOD
FOR YOUR REFERENCE. SALE PRICE
$...........................................
06
46 Country Palms Drive, Halswell Simply Irresistible • With high quality chattels throughout and a tastefully landscaped garden an entertainer’s dream property awaits. Sited on a private 501sqm this dwelling lies next to the Reserve, receives uninterrupted sun and allows for a relaxing lifestyle. • The modern kitchen with its double oven and gas hob will satisfy the fussiest of chefs and the open plan design to the dining/living and beyond provides seamless flow. Both the separate lounge and family living blend with a private north facing sunny patio/garden. With two bathrooms, an office/study (or 4th bedroom) and separate laundry, the well designed & flexible floorplan will suit many. Your warmth will be assured with heat pump, gas fire under tile heating and of course double glazing. • It is the outdoors where most will imagine summer fun with friends and family on balmy evenings. The added bonus of the very relaxing Scandanavian hot tub may be your final temptation to an overall lovely home.
SANDRA O’BRIEN PAPANUI
• Reluctantly but seriously for sale as our owners have their sights on another. Lift your lifestyle here - she is simply irresistible!
FOR YOUR REFERENCE. SALE PRICE
07
$...........................................
2 Sarabande Avenue, Redwood Ouch!... We can’t have 2 homes!! • Our owners have built, and their new home awaits them so after 23 years of happy memories this home needs a loving new owner! • Situated on a sunny and secluded corner section with a colourful established garden and mature trees, this versatile family home could easily be utilised as a 4 bedroom home or the single bedroom could be set up as a study or home office. Open plan kitchen/dining area, separate laundry plus the added appeal of two spacious living rooms opening out to the patio catching the afternoon sun, makes great indoor/outdoor flow. • Great heating throughout the home includes a log burner, diesel fire and a heat transfer system ensuring year round comfort. • The bonus of a detached double garage with auto door and off street parking, fully fenced section and very private. So much potential here for the new owner to add their own touch.
BELINDA DUNSTER REDWOOD
• Zoned for Papanui High School and St Bedes College and also also handy to all amentities and Northlands Mall.
FOR YOUR REFERENCE. SALE PRICE
IN 2015 WE HELD
$...........................................
686 AUCTIONS... -
INHOUSE
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Reside Magazine
08
26 Heaton Street, Merivale Substantial residence in ‘blue-chip’ location • When compromise just isn’t an option, the outcome speaks for itself. During the current owner’s 24-year tenure this magnificent property has been extensively renovated and extended to provide a superior level of accommodation while maintaining the character features reminiscent of its era. • Built circa 1925, this 2006sqm site today boasts a stately 373sqm single-level dwelling with generous room sizes and spaces offering diverse functionality. Flexible living options and future-proofing have been achieved through thoughtful planning and design, and an attention to detail which is impressive and inspiring. • The home has four substantial bedrooms, the master with a twin ensuite and walk-through dressing rooms. There is an office and a studio either of which could easily serve as additional bedrooms or guest quarters if required. A formal dining room of majestic proportions with its large picture window overlooks the expansive lawn area with mature trees and established perimeter gardens.
ANDREW SWIFT NEW BRIGHTON
FOR YOUR REFERENCE. SALE PRICE
09
$...........................................
16 Holiday Drive, Mairehau Big Move to Dunedin • This is a home with a true point of difference. Having built this themselves, our owners have been able to spec the home and design it with the care and attention that usual spec houses just don’t have. • Spaces are generous and with a 2.7m stud height downstairs the volume of the home is impressive. Built for a large family it has options for everyone and makes the ideal work-from-home dream come true for the right buyer. • There are two separate living rooms downstairs and three full bathrooms so the family can live quite harmoniously. My favourite is the three car garaging with an extra boat park perfect for boys and their toys. • Located in very private Ellington Estate, just behind Walter Park, you will love not only the quality of the modern house and the location, but the intimacy of a smaller subdivision which is unlike some of the others where it’s easy to get lost in the numbers.
CAMERON BAILEY PAPANUI
• Set on a beautifully landscaped TC2 section of 755m2 all the boxes should be ticked, and I tell you this will represent value for your $$$.
FOR YOUR REFERENCE. SALE PRICE
10
$...........................................
32 Draper Street, Richmond New Three Bedroom Great Value Home. • Welcome to a brand new stand alone home on a lovely quaint section. • Just completed on a freehold title is a well designed home that incorporates dual living with a good sized kitchen. Ground floor bedroom with shared ensuite plus 2 upstairs bedrooms both with ensuites. This is a post earthquake build which meets the new strict engineering and building code. Fully double glazed plus insulated, gas hot water, plus an internal access garage. • A great value home that will be attractive to a range of buyers from first home buyers or investors. For genuine sale, act quickly as this will be exceptional value buying.
MARK O’LOUGHLIN REDWOOD
FOR YOUR REFERENCE. SALE PRICE
$...........................................
11
22 Blair Avenue, Papanui Stellar Location, High Motivation! • Set your sights on this superb location - this really is an opportunity that doesn’t often arise, so you best be quick: • Net building site of 286sqm approx • TC2 and Living 2 zones • Rateable land value: $205,000 • All services already in place • Handy proximity to Northlands Mall and Merivale • Zoned for Waimairi Primary, Heaton Intermediate and Papanui High • With new plans on the horizon, our eager sellers have issued a clear edict to sell.
PETER GRIFFIOEN PARKLANDS
FOR YOUR REFERENCE. SALE PRICE
12
$...........................................
12 Hackthorne Road, Cashmere Hills Classic Don Donnithorne Design • Located on the sunny lower North West facing slopes of Cashmere Hills, this private sanctuary has somewhat of a calming therapeutic feel as you enter the driveway. • The home features exposed beams and interesting architectural quirks with views across Princess Margaret Hospital and the city, that I know you will love while established gardens and grounds offer the opportunity to relax with a book while the birds sing above. • One of Christchurch’s most renowned architects, Don Donnithorne, has designed something perfect for the site here, featuring three bedrooms plus a study, two bathrooms and large sunny living spaces this home is a joy to live in, and with all of Cashmere’s local attractions so nearby a coffee at Zeroes or a mountain bike up the hills is only the fall of the auction hammer away. • Our vendors have purchased their new home and moved already so there is no turning back from here.
CAMERON BAILEY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
13
$...........................................
83 St Andrews Square, Strowan Be Prepared To Fall In Love • If there’s a finer example of a classic period home in Christchurch then we’re yet to see it! • Set upon 873m2 of park-like grounds in the heart of Strowan and with direct access to Elmwood Park, this gorgeous character home has been maintained to the highest of standards by our house-proud owners. • Accommodation is provided by three good-sized bedrooms and is accompanied by two bathrooms (including an ensuite off the master) and three toilets, while spacious living and dining areas offer plenty of functionality. The kitchen perfectly complements the overall style of the home whilst simultaneously introducing a host of contemporary features.
MARY TURNBULL PAPANUI
• The grounds are quite simply magnificent, with sculpted hedges and mature trees framing manicured lawns and sun-soaked entertaining spaces. The icing on the cake is provided by an array of the city’s finest schools, with zoning for Boys’ and Girls’ High, Heaton Intermediate and Elmwood Primary, and the proximity to St Andrew’s College, Rangi Ruru and St Margaret’s’ College.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
From 12:00 pm 01
79 Lamorna Road, Parklands As Is, Where Is - More affordable than it looks... • While “as is” executive homes in Parklands are becoming more scarce, rest assured that our owners’ building plans ensure high motivation for a prompt sale. All earthquake claims have been settled and this appealing and warm family home is now available to you on an uninsured ‘as is, where is’ basis. • Predominant damage: foundation movement/settlement • Modern & contemporary - exhibits minimal internal damage • Clever 229sqm floor plan - ideal for the active modern family • Secure & private outdoors - perfect for all ages and stages • Recreation and leisure sums up the Parklands lifestyle - Bottle Lake Forest, Waimairi Beach and a spattering of local parks and golf courses are all virtually on your back doorstep. • Rent and hold? Repair and reinstate? Move in yourself? Whichever you decide, you can be assured 79 Lamorna Road represents convincing value.
PETER GRIFFIOEN PARKLANDS
FOR YOUR REFERENCE. SALE PRICE
02
$...........................................
19 Ramore Place, Papanui Timeless Appeal In A Magical Setting! • With its strong lines, excellent bones and wonderful spaces this home will impress with all its attributes, sitting on a private, established 637m2 section in a wide, quiet treelined cul-de-sac • -The spacious living room has excellent indoor-outdoor flow to the large deck and private, secure and sundrenched section • -Three light, bright and spacious double bedrooms all have wardrobing • -The open plan kitchen dining has plenty of storage with its pantry and cupboards and offers plenty of scope for creating gorgeous food • -The large one and a half garage offers plenty of space for one car plus a workshop/mancave
DEB CROSBY PAPANUI
• -With out of town owners who are determined to sell, this excellent, affordable home, with all of its options is sure to attract instant interest and immediate action is recommended • ACT FAST - WONT LAST!
FOR YOUR REFERENCE. SALE PRICE
$...........................................
INNOVATIVE MARKETING Harcourts gold is one of the very few agencies that has its own in-house marketing studio with degree qualified designers. At Harcourts gold we care about the detail and have a full time studio working at making sure that your properties marketing material is beautiful. Most agencies rely on sales people to create the artwork of all marketing collateral, whereas at Harcourts gold we believe in specialization having the best people possible taking care of your property marketing.
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43 Croziers Road, Papanui Hidden Gem, Tucked Away in Mother Nature. • This original Croziers’ residence on Croziers Rd presents a unique opportunity to set yourselves up in an iconic property that will charm you every day for many happy years to come. The Crozier family were there from 1919 - 1985, and the current owner has been there to date. • Walking onto the property feels like discovering a hidden gem, and its amazing garden setting, full of mature trees, shrubs, nooks, and crannies, makes it a perfect environment for hunters and collectors of treasures and pleasures. • The roomy kitchen and dining area opens through double French doors into the garden, giving the home an open, sunny atmosphere at its heart. Flowing from this area are two more living spaces, the first with a Pellet fire, and the second, larger room with an open fire and gorgeous window seat, overlooking the lush natural beauty of the garden. • There are two generous double bedrooms, with the master having its own adjoining sunroom. The bathroom is wheelchair accessible, which gives it an open, spacious feel. A single garage, covered parking for another vehicle, and plenty of off street parking add convenience to daily living.
BEV JOHNSON NEW BRIGHTON
FOR YOUR REFERENCE. SALE PRICE
04
$...........................................
23 Meon Street, Aranui As Is, Where Is - Take Me On! • Affordable in all respects! Now settling into their new home across town, our motivated sellers simply want a result on auction day. All earthquake claims have been settled and this sizeable home is now up for grabs on an uninsured ‘as is, where is’ basis. • Modest pile and ring foundation movement • Largely original condition • 160sqm (approx.) 1970s bungalow • Rear 694sqm site • Substantial living spaces • Rental assessment of $380 - $400 per week • Regeneration is well and truly underway in Meon Street. Newly built homes are nearing completion, roads have been repaired and the new Haeata Community Campus (1.5km away) is due to open its doors next year.
PETER GRIFFIOEN PARKLANDS
FOR YOUR REFERENCE. SALE PRICE
05
$...........................................
15 Hilldale Place, Hillsborough Recreation Lovers - The Hills Will Beckon! • Positioned in a restful cul-de-sac with the hills just moments away, is this 1970’s concrete block and weatherboard home. • The home has been modernized and updated over the years creating a warm ambience throughout with the use of timber, leadlights and doubleglazing. • Of great appeal to many will be the indoor/outdoor flow via French doors to the expansive, private and picturesque deck with hill views - guaranteeing many happy days during summer months. • The kitchen is modern, offers double wall oven and 5 burner gas hob and overlooks the deck. The dining sits open plan to the sunny northfacing living room and the three bedrooms are all doubles with built-in wardrobes. • With two heatpumps, floor and ceiling insulation and the majority of the home doubleglazed your warmth is assured.
SANDRA O’BRIEN PAPANUI
• Recreation lovers will adore this location with easy access to the hills for walks, biking and running. The final temptation may be the school zones of Opawa Primary and Cashmere High.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
06
43 Willryan Avenue, North New Brighton “As is Where is” • Much loved family home. • The time has come to say goodbye, having now settled with their insurance company and purchased another property, this much loved home is now in the fate of a new owner. • Deemed a rebuild and currently uninsured, would make a great buy for investors, or builders looking to repair or rebuild on this lovely site. • Offering a spacious 3-bedroom family home, lovely indoor outdoor flow to sunny sheltered deck on a well-established 708sqm section with double garage. • Great location close to the proposed New Shirley Boys and Avonside Girls school site and with recreational playgrounds in close vicinity.
DEBBIE GORDON NEW BRIGHTON
FOR YOUR REFERENCE. SALE PRICE
07
$...........................................
66 Apsley Avenue, Avonhead Stylish, Spacious and Surplus to Requirements !!! • Now absolutely surplus to the owner’s requirements, this gorgeous family home situated in the highly desirable, Hyde Park on TC1 land is seriously For Sale!!! • With four good sized double bedrooms (the large main bedroom has a walk in robe, ensuite and opens to the garden) and three excellent living spaces this home is exceptionally spacious and enjoys brilliant indoor/outdoor flow through two sets of sliding doors to the mature garden. • With renovations recently completed the home has undergone a stunning transformation, with new carpet throughout and an updated kitchen with a luxurious granite benchtop this home is ready for you to move into and enjoy!
CHRIS MARK MANGELS WANG PAPANUI
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• The three interconnected living spaces are perfect for entertaining and offer excellent configuration options for however you choose to live. The main living room has the added benefit of a log burner. • The bonus is the excellent school zones - Burnside High, Merrin Primary and Russley School.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
51 Hills Road, Edgeware Estate Realisation! • 1252m2 of CCC Zoned Living 2 land with a very livable three bedroom home. Make no mistake this property sits in a highly affordable first home buyer range. If you a young family, then there is more than enough room for a traditional back yard cricket game! • The house itself was originally built in the 1920’s and has recently been repaired by Fletchers. This property should appeal to first home buyers, investors, developers or a contractor needing space for a few extra vehicles. • CCC Land Zoning Living 2 • CERA land category TC3 • Symmetrical boundary dimensions (20.1M x 62M approximately) • GV $390,000
FOSS SHANAHAN PAPANUI
• Zoned for Shirley Primary School, Shirley Boys High School and Avonside Girls High School • Huge motivation to sell this much loved property - do not under estimate your ability to purchase this home!!
FOR YOUR REFERENCE. SALE PRICE
$...........................................
02
Market Comment
GOLD COMMENT
Listings have really started to ramp up, with the preferred method sale of still being auction. When your team are acknowledged experts in this field then it is no wonder so many of our vendors will choose this option.
JIM DAVIS BUSINESS DEVELOPMENT MANAGER HARCOURTS GOLD The start of our local Real Estate market in 2016 shows a typical January pattern. Most people will expect and understand that the January sales figures are usually low as people slowly get back to their regular work patterns following the holiday period. This year was no exception and the REINZ figures for Christchurch tell us there were a grand total of 416 dwellings and sections sold in January. This volume is a very similar to the two previous years and shows that the market once again took a huge deep breath over the holiday period. As a result any comment around values etc is a little bit irrelevant, as the volume of sales is so much lower. Having said that, it is interesting that the median sales value is almost identical to the value attributed to December, and confirms what I have been saying for the last year - prices have remained steady with very little movement either up or down. Christchurch is still experiencing those very steady market conditions that were evident prior to Christmas. With nearly everyone now back in their regular routines, we can get a good indication of what we might expect for the start of this year. What we are seeing is that our sales consultants are busy again. Listings have really started to ramp up, with the preferred method of sale still being auction. When your team are acknowledged experts in this field, then it is no wonder so many of
our vendors will choose this option. Over the past year, 44% of all Gold Real Estate listings across our offices were auctions and in our Papanui office, this figure is slightly higher at 52%. Over on the Eastside of the city our Parklands team achieved a staggering 63.5% of all their listings being auctioned. Why is it so popular and gaining popularity? I think because it is seen as a transparent and fair method of sale. As with anything in life, each home is different, and consequently people looking at a property all view it differently, and are typically prepared to pay different sums to own it. If you are a person selling your most valuable asset, then you deserve the opportunity to ensure you received the best possible value. What the figures do tell us is that Auction does not only suit high priced or unusual property, it is a sale method that suits all types of property. As a buyer it can be a bit harder, but with property not being regularly priced now days, auction is a lot cleaner than the “smoke and mirror “ feeling that some other methods leave you with. The first home buyers’ market was starting to show 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. In reaction to this, 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 and 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. Then of course we have the great unknown of the “shakes” returning, but regardless life goes on! My suggestion is don’t try to second guess the market, if you see the right property, and you are ready to purchase, just get on with it. Procrastination gets us nowhere. Good luck for 2016! I think it is going to be a strong solid year.
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
17 PROPERTIES CONSISTING OF 2 CURRENTLY UNDER OFFER
NOT SOLD ON OR BEFORE AUCTION DAY
17 PROPERTIES
26%
SOLD BY AUCTION
39 PROPERTIES
60%
74%
SOLD
12 AVAILABLE
2 SOLD BETWEEN 0-11DAYS
SOLD PRE AUCTION
9 PROPERTIES
14%
TOTAL SOLD PRE AUCTION TOTAL SOLD BY AUCTION TOTAL NOT SOLD ON OR BEFORE AUCTION DAY
AUCTION STATISTICS BASED ON...
65 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.
JAN/FEB 2016
65
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
04
FOR REVENUE PER SALES
CONSULTANT GROUP 5 2013-2015
HARCOURTS GOLD
FEBRUARY 2016 TOP
CONSULTANT IN FEBRUARY
02
CAMERON BAILEY
MARY TURNBULL
PAPANUI
PAPANUI
06 ALISTER ANDERSON PAPANUI
I would like to acknowledge the expertise, determination and care our top ten consultants for February 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
AREINZ NEW BRIGHTON
I am proud to work with this polished and professional group.
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
04
MARK O’LOUGHLIN
PETER GRIFFIEON
REDWOOD
PARKLANDS
08 LEEANN MARRIOTT PAPANUI
09 JULIE PROCTOR PAPANUI
05 DEBBIE SOPER PAPANUI
10 JAMES SHEPHERD PARKLANDS
05
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.
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UPCOMING
GOLD
AUCTIONS 24TH MARCH
31ST MARCH
10 Tomes Road
Mary Turnbull
11 Westenra Terrace
Mary Turnbull
26 Farquhars Road
Belinda Dunster
5A Kimberley Street
Lewis Donaldson
53A Harris Crescent
Leeann Marriott
124 A & B Leinster Road
Deb Crosby
514 Manchester Street
Cameron Bailey
55 Rutland Street
Cameron Bailey
4 Chilcombe Street
Tracy Frew
38 Sayers Crescent
Debbie Soper
59 Idris Road
Deb Crosby
2 Regents Park Drive
Mary Turnbull
88/88A Centaurus Road
Mary Turnbull
Flat 2, 10B Branksome Place Dianne Dando
75/87 Carlton Mill Road
Mark O’Loughlin
1/14 Horner Street
Leeann Marriott
393 Wairakei Road
Mary Turnbull
3/20 Bristol Street
Deb Crosby
2 Four Peaks Drive
Cameron Bailey &
77A Strickland Street
Peter Griffioen
Johanna Bainbridge
39 Tiritiri Moana Drive
Cameron Bailey &
2/100 Holly Road
Mark O’Loughlin
Johanna Bainbridge
539 Main Race Road
Foss Shanahan
19 Totora Street
Cameron Bailey
131 Bretts Road
Mary Turnbull
21 Albany Street
Mary Turnbull
1/229 Bower Avenue
Andrew Swift
2/119 Beresford Street
Foss Shanahan
56 Vivian Street
Peter Griffioen
FOR A COMPLETE LIST OF OUR UPCOMING AUCTIONS GO TO:
http://www.homes4sale.co.nz /auction/upcoming-auctions
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AUCTION BID RECORD 3RD MARCH 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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