Featured Properties & Recently Sold
Investment Not To Be Missed
Perfection Personified
Investors and First Home Buyers
Offers Over $499,000
Offers Over $795,000
Offers Over $309,000
74b Sinclair Street, New Brighton
9b Shilling Lane, Prebbleton
1 Leonard Place, Saint Martins
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4
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2
ID# RX349404
Collapsed Sale - Owner Requires Urgency Offers Over $429,000
2
ID# RX327636
Brand New And Built For You By Negotiation
1
ID# RX334322
Brand New...Very Affordable $460,000
200 West Belt, Rangiora
2 Amelia Place, Wigram
27 Clarendon Terrace, Woolston
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3
3
2
ID# RX325844
2
ID# RX310454
2
ID# RX310698
Property Talk with Mike Pero Bishopdale
Auckland Awaits!
Quality Home In A Top Location
Brick And Tile Sunnyhills
SOLD
SOLD
SOLD
55 Westholme Street, Strowan
6 Melville Street, Bishopdale
36/28 Cathedral Square, Christchurch Central
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3
4
1
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Find out more about these properties on our website mikepero.com
Mike Pero Real Estate Bishopdale (03) 423 9115 169 E Wairakei Road, Bryndwr Kelvin Howell
Lesley Gibbs
Dean Cations
027 441 2252
027 630 5244 021 043 4840 027 494 8638 027 359 8989
Beth Dunn
Rosemary Schulte
Mike Pero Real Estate Ltd Licensed REAA (2008) Statement relating to passing over of information: mikepero.com/receivinginformation
It’s hard to believe we are already a third of the way through 2015. It has been a busy start to the year with solid sales recorded across the country and it is believed that the market will remain buoyant over the next few months. The Kiwisaver HomeStart grant came into effect on April 1 and aims to help more first home buyers and young families onto the property ladder. The scheme replaces the KiwiSaver first-home deposit subsidy and while it will still provide eligible home buyers with a deposit towards an existing home, it will also assist eligible first home buyers with the cost of buying land Mike Pero Real Estate Ltd Licensed REAA (2008)
on which a first home will be built or those purchasing a brand new home. According to REINZ statistics, there were a substantial number of homes sold in March which is regarded as one of the strongest sales months of the year. This was confirmed with the March sales figures at their highest level since 2007. The national median price for March 2015 was sitting at $475,000 which is an increase of $35,000 (+8.0%) compared to March 2014.
APRIL / MAY ‘15
the cooler weather is setting in. Therefore, it’s the perfect opportunity to perform annual upkeep on your property to prepare for the wintery months ahead. You can take a look at some of our tips inside our newsletter. If you are thinking about buying or selling in the near future then we would love to assist you in this process. Feel free to call us on 0800 539 832. Best wishes,
Kelvin & the team
Now that autumn has arrived the mornings are getting darker, the days are getting shorter and
0800 000 525 www.mikepero.com
Mike Pero Real Estate Ltd Licensed REAA (2008)
What’s Happening in the Market? Compared to February, sales volumes across the region increased by 13% with sales rising 70% in Timaru, 28% in MidCanterbury and 14% in Christchurch. Median Price Breakdown - March 2015 West Coast South Canterbury
$195,000 $249,500
Timaru
$285,000
Mid-Canterbury
$285,000
North Canterbury Rangiora Christchurch
Source: REINZ
REINZ March 2015 regional data for the Canterbury/ Westland region has found that the median price trend remains steady while the sales volume trend is now easing. The days to sell trend continues to fall and the overall trend for the region is now easing. Compared to March 2014, the median price rose by $14,000 (+3.5%) across the region with prices increasing by 12% in South Canterbury, 10% in Rangiora and 7% in North Canterbury. The median sale price increased by $11,500 (+2.9%) compared to February with prices rising 10% in Rangiora and 8% on the West Coast. Compared to March 2014, sales volume rose 6% with volumes rising 51% in Mid-Canterbury, 24% in Timaru and 9% in Christchurch, although sales were down in other areas. The number of days to sell improved by six days in March, from 36 days in February to 30 days in March.
$402,500 $490,000 $440,000
According to REINZ statistics, the March 2015 median sale price in Bishopdale was $395,000 with 13 dwellings sold over an average of 21 days. Compared to February, the sales volume was unchanged however the average days to sell improved by 22 days. REINZ Regional Director, Jim Davis, commented that, “that listing numbers are good, and up from last month. First home buyer numbers are consistent compared to the last few months, but up approximately 30% when compared to this time last year. The Investors market is consistent over the last few months and compared to this time last year. Overall the market is steady.”
Thinking Aloud That’s the first quarter of 2015 done and dusted and we’re now mid-autumn. Traditionally the winter months that we’re heading towards have been the quieter months for real estate activity in New Zealand however it’s hard to know what to expect. The Christchurch market, with the earthquake effect, continues to steam ahead with a demand on housing created by the write-offs and then further compounded by the many thousands of construction workers arriving in town. In Auckland, the desire to own a home has never been stronger and so the demand continues to skyrocket prices. Fuel prices are low and the OCR has not moved for a while so most Kiwis are feeling confident enough to move or buy for the first time. As a company that is still growing exponentially, we’re enjoying the steady flow of new customers. The positive feedback is overwhelming. There is no doubt that relationships are important in business and we strive to ensure our customers get the extra special service they deserve. We’re finding our unique point of difference – TV advertising of client’s homes, is working a treat – morning and evening we see homes listed and sold on this medium. Remember these adverts are no cost to our customers.
How much will it cost to sell your home? The Mike Pero Real Estate Commission app lets you find out the commission fee you’ll pay when selling your home. You can also compare our fee with other major brands. Available for iOS and Android devices.
www.mikepero.com/commissionapp
Annual Autumn Upkeep Spring isn’t the only time of year to have a thorough clean out of your home. Autumn presents the perfect opportunity to have everything ship-shape and prepared for the impending wintery weather. Maintain your Home Heating
With the cooler weather on its way, it’s safe to say that your wood burner and heat pump will get a little more attention. Therefore, it’s now the best time of year to call in the professionals to inspect and clean your heating solutions. Wood burners While you can clear out ash and charred wood from your wood burner, a chimney sweep will perform a number of tasks that include cleaning the flue, ensuring the vents are clean and in good condition and they will also check that the damper is tightly closed to reduce draughts. This is just a few of the jobs they will undertake, but all will ensure the safety and eff iciency of your chimney. Heat pumps Annual maintenance is also essential for your heat pump and it will ensure not only eff iciency but that your home is circulating clean, fresh air. A professional will
clean dirty air filters, vents and check both your indoor and outdoor unit to ensure your heat pump delivers continuous comfort.
Clean Your Gutters and Downspouts
Clearing out your guttering is a necessary chore associated with the cooler months of the year and it will prevent debris clogging your gutters that can result in water drainage issues around your property. Safety is paramount, so if it’s a job you choose to undertake yourself then it pays to be extra careful when using a ladder. Alternatively, it could be a job that you leave up to the experts.
Caulking the Cracks
Take a look around your windows and doors to make sure there aren’t any gaps that could let in cold draughts. If there are, then you will need to apply exterior caulk. This preventative measure will ultimately keep your house warm while also reducing your power bills.