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WORK WITH THE
BEST!
CELEBRATING OUR TOP PERFORMERS
reside OUR EXCLUSIVE PROPERTY MAGAZINE
ISSUE 12 5TH MAY 2016
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LYNETTE MCFADDEN Business Owner Harcourts Gold AREINZ
GOLD AUCTION DAYS
Business Owner Harcourts Gold AREINZ
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JOHN MCFADDEN
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CAMERON BAILEY Business Owner Harcourts Gold & Sales Consultant
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ORDER OF SALE
Meet our Top performers
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CONTENTS
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Welcome to the MAY edition of Reside magazine The property market is booming this May so 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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Gold Comment
Auction Bid Sheet
Upcoming Auctions
Gold Chat
Preparing Your Home For Sale
Conduct of Auction
01
ORDER OF SALE
MEET TODAY’S AUCTIONEERS
MAY 5, 2016 Sold Prior 01
17 Glenrowan Avenue, Avondale
From 10:00am 01
5 Cargill Place, Shirley
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26B Highland Place, Avonhead
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24 Cashmere View Street, Cashmere
04 403 Avonhead Road, Avonhead 05
29 Henley Green, Northwood
BRYAN THOMSON FREINZ AUCTIONEER
BIDDING TIP
NO.1
BE CONFIDENT IN YOUR BIDDING
BEN DEANS AUCTIONEER
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.
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17 Glenrowan Avenue, Avondale SOLD PRIOR As Is, Where Is - Heeding the Call to the Country! • With the clock ticking after securing their dream home in the country, our motivated owner offer this lush rear setting at 17 Glenrowan Avenue to you on an ‘as is, where is’ basis. • Straightforward concrete ring and pile foundation • Lightweight construction/cladding • Maximum floor level variation of 62mm approx. • 110sqm family home on 864sqm rear site • Easy indoor-outdoor living with deck, private section and swimming pool • Separate double garage with off-street parking
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WISHING EVERYONES MOTHERS
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PETER GRIFFIOEN PARKLANDS
WORK WITH THE
BEST!
We’ve got buyers looking for homes in your area!
Contact us today about the benefits of working with a company and consultants that are committed to excellence in everything!
From 10:00am 01
5 Cargill Place, Shirley Auction Brought Forward... Consider the benefits... • ... this one measures up. The owner has accepted a cash settlement from her insurer and it is time to move on. Her resolute determination is your reward repair, renovate or rent out - there are options and opportunities here. 5 Cargill Place is being offered on an uninsured, ‘as is’ basis. • This three double-bedroom home built circa 1945 is sited on a 733sqm section in a quiet suburban cul-de-sac. Pre-EQ renovations included a modern bathroom fit-out, and a freestanding woodburner was installed in 2011 along with floor and ceiling insulation. The traditional weatherboard bungalow was extended in the 1970’s and sits on a piled foundation. There is a double garage, a fenced enclosure, two garden sheds and ample off-street parking. • Significant infrastructural upgrading has been carried out in the neighbourhood and further enhancements are planned - testament to continued confidence in the area.
ANDREW SWIFT NEW BRIGHTON
FOR YOUR REFERENCE. SALE PRICE
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$...........................................
26B Highland Place, Avonhead Distinctive styling, wonderful buying! • Nestled on an 819m² section in the heart of an eminently popular pocket of the city, our feature property really is the ultimate family home! • Our owner, who is an architect, has imbued this 1970s home with a sense of style and sophistication that is timeless. Four double bedrooms (all with built-in wardrobes) provide ample accommodation and are complemented by a well-appointed bathroom (with new vanity) and a separate powder room. The kitchen is simply exceptional, with everything from the soft-close drawers and cupboards to the fabulous finish, contributing to a space that’s sure to impress even the most discerning chef. • Spacious open-plan living areas spill seamlessly out to the expansive grounds, where landscaped gardens, lush lawns and a large, sun-soaked deck promise endless hours of family fun. An office off the double garage adds to the appeal, as does the zoning for sought-after Riccarton High and Avonhead School while the proximity to a host of convenient amenities ensures everything you could ever need is within easy reach.
DEB HARVEY PAPANUI PAPANUI
FOR YOUR REFERENCE. SALE PRICE
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$...........................................
24 Cashmere View Street, Cashmere Hug Me, Hold Me - Either Way I’m Yours • First time offered on the market, this has been lovingly lived in and enjoyed by the one owner and her family during her lifetime but with our elderly owner now in fulltime care, the time has come to pass the baton. • She offers a generous floor area and has good bones but is ready for modernizing which creates an opportunity for you to step into this sought after location. Offering three bedrooms as well as 2 - 3 living areas, this is a floor area that can be configured to suit. • Some of the many benefits to living in this area include easy access to the river and hills for your recreation and cafes for all your enjoyment. The final temptation may be the property’s inclusion in Christchurch South, Thorrington, Somerfield & Cashmere High school zones providing you with a number of educational choices.
SANDRA O’BRIEN PAPANUI
• Such a property in this prime location is a no brainer when it comes to a sound investment opportunity. We recommend you don’t dally - it may be a number of years before she becomes available again.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
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403 Avonhead Road, Avonhead Stylish Living, Superb Location • This stylish urban retreat combines contemporary living with a location that’s hard to beat for convenience and lifestyle. • Situated across the road from Burnside Park, home chefs will enjoy a park outlook while they’re cooking their latest creation, while pets and younger members of the family will appreciate the proximity to green space and playgrounds! • A generously proportioned open-plan kitchen, dining and living area works beautifully as the hub of the home, with plenty of light and direct access to the garden. The adjacent second lounge can be closed off when required, creating great flexibility. This room also opens up to a sheltered terrace and decking. • Offering three bedrooms plus office, there is plenty of room for family and guests - the master features an en suite bathroom and its own private terrace. Featuring two heatpumps and double-glazed for comfort, the home is presented in very tidy condition, ready for you to move straight in and enjoy.
CAMERON BAILEY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
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$...........................................
29 Henley Green, Northwood Popular Location, Rare Opportunity! • Superbly positioned in the heart of ever-popular Hampton Grange, Northwood, our feature property is a three-bedroom executive residence presented in immaculate condition by our house-proud owners. • Situated back from the street, this 160m2 home plays host to three bedrooms (master with walk-in robe) and two well-appointed bathrooms, including an ensuite off the master. • The fabulous kitchen - complete with everything from engineered stone surfaces to double dish-drawers - is complemented by thoughtfully-configured living spaces, with a bevy of intelligent heating solutions promising year-round comfort.
DEB HARVEY PAPANUI PAPANUI
100% FIRST RATE!
• Outside, the 430m² section is fully-fenced and offers plenty of space sheltered and private, perfect for entertaining. Double, internal access garaging adds to the appeal, while the proximity to the Northwood Supa Centre means you’ll want for nothing.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
“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.” PAM
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CAMERON BAILEY
PAPANUI
PAPANUI
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ANDREW SWIFT
LEEANN MARRIOTT
NEW BRIGHTON
PAPANUI
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WORK WITH THE
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MARK O’LOUGHLIN
PETER GRIFFIOEN
REDWOOD
PARKLANDS
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JULIE PROCTOR PAPANUI
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MARY TURNBULL
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BEST!
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FOSS SHANAHAN PAPANUI
CLARE BEER
DEBBIE GORDON
PAPANUI
NEW BRIGHTON
CELEBRATING OUR TOP PERFORMERS THANK YOU CANTERBURY FOR YOUR SUPPORT AND BELIEF IN OUR TOP 20 CONSULTANTS. Every year we reflect back on what it means to be included in this elite group. Not only are they exceptional real estate professionals, all of them make active contributions to their communities and the lives of others. Committed, polished and the absolute best in the city, we are proud to work with them and their clients everyday. LYNETTE & JOHN MCFADDEN
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DEB HARVEY PAPANUI
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DEB CROSBY PAPANUI
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DEBBIE SOPER
SANDRA O’BRIEN
LEWIS DONALDSON
PAPANUI
PAPANUI
PAPANUI
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TRACY FREW
BELINDA DUNSTER
PAPANUI
REDWOOD
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SHARON SMITH
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LAUREN CLEMETT PAPANUI
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SHARON TRUMPER
PAPANUI
MEET THE GOLD MANAGEMENT TEAM
HARCOURTS GOLD BUSINESS OWNERS LEFT TO RIGHT
CAMERON BAILEY HARCOURTS GOLD, BUSINESS OWNER LYNETTE MCFADDEN AREINZ HARCOURTS GOLD, BUSINESS OWNER JOHN MCFADDEN AREINZ HARCOURTS GOLD, BUSINESS OWNER GOLD REAL ESTATE GROUP LTD LICENSED AGENT REAA 2008 A MEMBER OF THE HARCOURTS GROUP
NIKILA CREAGH MANAGER, HARCOURTS GOLD EASTSIDE MARGARET DANZER MANAGER, HARCOURTS GOLD REDWOOD JIM DAVIS BUSINESS DEVELOPMENT MANAGER, HARCOURTS GOLD PAPANUI ANNA MCKENZIE SALES MANAGER, HARCOURTS GOLD PAPANUI
CONTACT A HARCOURTS GOLD OFFICE OR CONSULTANT TODAY ON...
PAPANUI 352 6166 International & Migrant Division (+64) 3 662 9811 REDWOOD 352 0352 • PARKLANDS 383 0406 NEW BRIGHTON 382 0043 GOLD PROPERTY MANAGEMENT 352 6454 FOLLOW US ON...
PAPANUI
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Market Comment
GOLD COMMENT
The REINZ stats tell us there were some 810 residential sales of dwellings and sections recorded in Christchurch city for March this year, almost 80 more than March last year. This increase of around 10% is showing us that our market is still strong and steady. With the release of the April REINZ data it is apparent that Christchurch has continued with the strong steady market we have been talking about and experiencing for over a year now. From what our consultants are telling us and based on open home visits, there has been no drop off in demand from the buyers, and certainly no discernible let-up in enquiry. The REINZ stats tell us there were some 810 residential sales of dwellings and sections recorded in Christchurch city for March this year, almost 80 more than March last year. This increase of around 10% is showing us that our market is still strong and steady. The aforementioned volume of sales makes it the third best March sales month recorded in the last 10 years. We have now had the last two months consecutively showing near record sales volumes, a very positive sign for our city and what is happening around us. As mentioned last month we have noticed a significant slowdown in listing activity, in comparison to what we would normally expect. There is no discernible reason that we can think of to account for this, unless Christchurch is just taking a breather while people enjoy their homes having been remediated, replaced, repainted and repaired. So once again, with good sales still occurring and reasonable stock levels, we can expect that prices will remain steady for the near future. This is borne
out with the current Median sale price for Christchurch showing very little movement over recent months and it has consistently hovered around the $440,000 level +/- according to the REINZ data. Certainly when talking with our consultants there is seems to be a feeling that we are still not seeing a lot of movement price-wise either up or down, and that’s purely because there is currently a reasonable amount of choice out there for buyers. As mentioned last month the good old Traditional “Blue Chip” locations continue to get huge levels of interest in available property. In recent times we have started to see an even greater availability of the “As Is“ properties coming up in these sought after areas, and it is noticeable that this is creating a large amount of interest within the development sector, which developers, and investors competing with individuals wishing to purchase in the Blue Chip locations. Here at Harcourts Gold we have just finished up the latest financial years results, and as you would expect with a well performing group of offices they are outstanding. We have listed and sold an additional 104 Auctions in the past year, an increase of over 18%. Our total number of written sales has also increased by close to 18% over the year. It is this sort of level of performance you require from a professional team and a professional company when you are selling your biggest asset. As mentioned earlier, the
JIM DAVIS BUSINESS DEVELOPMENT MANAGER HARCOURTS GOLD REINZ figures capture the median sale price as an indicator of what values are doing. Here at Harcourts Gold, we capture the average sale price of all our transactions across the city. According to our statistics, there has been a very modest 2% rise in the last year which reinforces what I said earlier – that property prices have not altered greatly in the last year. If you are interested in the rental market across the city, a quick search shows that currently there are in excess of 1800 rentals available to rent at any given point of time. As a landlord this equates to a lot of lost income potential, and the longer your property remains untenanted the greater the potential lost income. More than ever it is critical your rentals are priced competitively in the current climate. Just because you had a great rent last year when you signed in your tenant, this doesn’t mean there is another prepared to pay the same level when they have so much choice available. Think carefully of the rent you want, especially as there are now plenty of newly renovated (and in some areas plenty of new built) property available. If you need help in this regard, contact our Team at Gold Property management as they are experts in the Property management field. Autumn is well and truly here now, but make no mistake the market is still very active. So if you need the best of the best working on the sale of your property, call Harcourts Gold or one of our Gold sales consultants.
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OUR DREAMS FUEL OUR OUTCOMES! Planning for business & life!
Real estate has its own annual rhythm and it’s about this time of year I start reacquainting myself with some of its finer points.
LYNETTE MCFADDEN BUSINESS OWNER HARCOURTS GOLD
GOLD CHAT
It’s the end of the financial year, the commencement of business planning and, for the brand I’m associated with, conference time. It’s surreal, stressful and strategic all at once, with the pressure really being applied to enter the new financial year refreshed and refocused. Which after a year of long hours and big results is not easy. Remaining relevant to your marketplace, engaged and committed takes planning and the kind of thought processes that keep you awake at night. I run the business planning sessions for our large team of consultants and because I want to fill the box, not just tick it. I put serious amounts of time and thought into my delivery. This year I utilised a relatively creative approach to the session incorporating the following truths. There are five of them and they are my feelings and thoughts after many years at the helm.
1. Any plan is better than no plan at all We all know the statistics that sit behind this statement and these can be readily accessed using Google. Basically they establish that there is a wide gulf between having a formal written plan and no plan at all. Completing a plan and following it positively correlated with business success and for many this flows on to personal success too.
tell you it’s almost impossible to engage everyone every time. So I go for as much participation as possible and I did remind them that there were some good take-home points of value so it was best to be alert to them.
Including me! So if we’re together, let’s bring our best selves.
5. Our dreams fuel our outcomes Having the right dreams, goals or purpose is like having rocket fuel in the tank. It’s just a matter of identifying them and for most people that’s one of the hardest things to do.
2. I know one plan does not fit all Plans can be long, short, elaborate or simple. Over the years I’ve had to do some plans that were so complex you needed a PhD to navigate them (hopeless). But the main aim for me as I dealt with my large group of attendees was providing a framework that got most, if not everyone thinking. Any trainer will
4. None of us has to be here
3. We can all be open to being better Better people, realtors, partners, siblings, parents, etc. and putting time aside to determine how to do this makes us better human beings. So I always include this as one of my personal truths.
So there you are, that’s the framework. Now all I’m waiting for are the results! Enjoy this warm, lingering autumn as anyone who watches Game of Thrones will tell you – winter is coming.
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8 low-cost steps to prepare your house for sale
When preparing your house for sale, many of us fantasise of an unlimited renovation budget that will make our home irresistible. Pumped from watching the latest series of renovation TV shows we dream of that extension, new kitchen or the backyard resplendent with a children’s water park. It’s true, that investing in big ticket improvements will sometimes increase the sale price of a house, particularly if you’re a do-it-yourself renovator whiz who has the time and doesn’t have to pay contactors. But unless the property was originally purchased at a discounted price, big ticket renovations and their resultant high costs are unlikely to generate increased profit on sale. So, what’s the alternative? When preparing your property for sale there are simple, inexpensive things you can do to increase its attractiveness to potential buyers, and some don’t involve a trip to Bunnings!
De-clutter
Curb appeal
Lighting
Consider your house no longer a home, but a retail outlet where customers will come to browse. Everything – from kitchen countertops to bathroom vanities to the garage – should be clear of all unnecessary items. You want potential buyers to focus on the best features of your home not stuff, so pack up, give away or throw away everything that clutters or distracts.
We all know about the importance of first impressions. What will set the scene for your house when potential buyers either drive past, or drive in to your driveway? Front gardens, driveways, gutters, windows, mailboxes and fences all tell a story, so make it a positive one!
Time for a light bulb moment! When potential buyers walk into your bathroom and look in the mirror, soft, warm lighting can make it a more pleasant experience than it may be otherwise. In other parts of your house such as living areas, bright, white lighting will make the rooms appear bigger and more inviting. Also, think about which rooms will be best served by leaving blinds either open or closed.
Clean This should go without saying, so we’ll just leave it at that.
De-personalise When a buyer inspects a house, they are doing more than looking at the shower recess and the floor plan. They are visualising what it would be like to move in and live there, a task made more difficult if you leave personal items such as family photos, personal mementos like sporting trophies or religious décor. Pack these away, and give your potential buyers a free slate for their imagination.
Repairs The door handle comes off as you try to enter the bedroom. You turn on the light that doesn’t work and listen as the fan makes an almighty screeching sound as it rotates. Whilst small, these little things can annoy a potential buyer out of signing a contract so make sure everything is in good working order.
Clear pathways Don’t turn your potential buyers into Jackie Chan. Buyers should not be doing their own stunts just to look through your property. Make sure there’s clear pathways both inside and outside your property to make their visit a no-fuss, pleasant experience.
Smell This follows hard on the heels of the “clean” point (above) – a clean house is less likely to assault the nasal passages of unsuspecting visitors. The urban myth is to fill your house with odours of home cooking, but the research is in. Over-bearing smells don’t smell good, no matter how delicious. Instead, “hints” of fresh natural odours help to sell, such as orange, lemon, pine, basil, cedar, vanilla and cinnamon.
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Conduct of Auction This is an extract from the contract so please refer to complete terms as supplied and available on display.
• The property is offered for sale subject to a reserve price being met, the highest bidder whose bid is accepted by the auctioneer shall be the purchaser. • The auctioneer may nominate the sum by which the bidding can be raised. • The auctioneer may refuse any bid. • The auctioneer or the licensed real estate agent acting for the vendor in respect of the sale may submit a bid on behalf of any person. • The auctioneer shall identify a person so acting before the commencement of bidding. •
The vendor reserves the right to bid personally, by a representative, or through the auctioneer and to withdraw the property at any time before it has been sold and with out declaring the reserve price.
• If a dispute arises concerning any bid, the auctioneer will determine the dispute or re-offer the property at the last undisputed bid.
THE PURCHASER SHALL IMMEDIATELY ON THE COMPLETION OF THE AUCTION: a) Sign the Memorandum of Contract failing which the auctioneer may sign on behalf of the purchaser. b) Pay to the vendor’s licensed real estate agent the deposit being 10% of the purchase price unless otherwise agreed; and c) Complete its GST information in Schedule 1.
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UPCOMING
GOLD
AUCTIONS 19TH May
12TH MAY 15 Maurice Stanton Place
Julie Proctor
61 Grange Street
Lewis Donaldson
82 Rothesay Road
Sandra O’Brien
55 Queenspark Drive
Debbie Soper
53 Rugby Street
Deb Crosby
4 Primrose Hill Lane
Mark O’Loughlin
15 Mahlet Street
Cameron Bailey
15 Morgans Valley Road
Cameron Bailey
121A Puriri Street
Sandra O’Brien
& Jack Lourie
6B Highgate Avenue
Deb Harvey
26 Holbrook Way
Cameron Bailey
45 Waimea Terrace
Clare Beer
11 Jacobs Street
Cameron Bailey
38 Hewitts Road
Deb Crosby
& Clare Beer
32 Main Road
Cameron Bailey
15 Gothic Place
Sandra O’Brien
11 Cleveland Street
Cameron Bailey
18 Takahe Drive
Sandra O’Brien
11 Talbot Road
Mary Turnbull
2/57 Withells Road
Cameron Bailey
334A Clyde Road
Nathan Tamihana
607 Johns Road
Debbie Soper
36 Surfers Place
Sarah Gwyther
1/172 Bowhill Road
Andrew Swift
54D Brodie Street
Julie Proctor
3-13 Garreg Road
Lauren & Bill Clemett
104 Edward Avenue
Lauren & Bill Clemett
33 Bottle Lake Drive
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 5TH MAY 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...