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Welcome to the Gisborne Real Estate website

April 3, 2011 · 2 Comments

This is the home of the most up to date, reliable and informative data about real estate in Gisborne, New Zealand. Neil Walker, Principal of LJ Hooker Gisborne has his finger firmly on the pulse. His frequent postings about sales, trends and transactions provide readers with an accurate snapshot of what is happening in the local market. Neil welcomes your comments and suggests you leave your feedback on this site. Others may enjoy your contribution too. Read More →

Property News

Ballance Street auction sells

December 22, 2011 · Leave a Comment

124 Ballance Street, Gisborne sold under the hammer at auction yesterday for $335,000. There was good interest shown in the property throughout the 4 week marketing campaign with over 25 inspections and on auction day 3 buyers bid. “I knew there was going to be keen interest to own the property,” said marketing agent Neil Walker. “It’s a beautiful home.” The renovated 3 bedroom bungalow was tastefully presented and was offered in first class condition. The big attraction was the impressive in ground pool which was described at “resort like.” Also the... [Read the full story]

Market Updates

New RV’s accurate?

January 17, 2012 · Leave a Comment

The new Rating Valuations (2011) are out for residential property in Gisborne. They are back dated 1 July 2011. Despite the clear disclaimers from the Council and Land Mass Technologies that Rating Valuations are not accurate market valuations, we still tend to reference our property against its RV. However upon closer inspection, it is clear that we should not rely on this data to help us determine what our property is worth. So how close to recent sale prices are the RV’s ? Only 32% of the 4th Quarter 2011 sales in Gisborne were within 5% of their 2011 RV’s. That means that... [Read the full story]

For Sale

53 Grant Road

January 23, 2012 · Leave a Comment

Every now and then a great riverbank property comes to the market. 53 Grant Road is one of these. Set in one of Gisborne’s finest streets, this 1960′s residence is a special home. Renovation will be an exciting proposition as the classic style and character of the era could easily be enhanced. Complete with its own jetty and boat shed, there is easy access to the river. What an opportunity! Call agent Digby Spence for more details. swfobject.embedSWF("http://www.youtube.com/v/vC0MWdyQvqQ&rel=0&fs=1&showsearch=0&showinfo=0", "vvq-1658-youtube-1", "425", "344", "10",... [Read the full story]

Selling

There’s only 3 reasons why it’s not selling

October 5, 2010 · Leave a Comment

The more I think about it, the clearer it comes. There are only 3 reasons why property doesn’t sell and there is no getting away from them. Location, features and price. This is what it comes down to, just these three. Now you can’t change the location and unless you want to alter the features, like adding on a new bedroom or installing a modern kitchen, then these things remain the same. The only thing left to change is the price. Simple. Get the price right and you will have someone interested in your property. Get it wrong and it will remain yours. If this is so clear, why don’t... [Read the full story]

cool pix

Easter sunset at our beach house

April 5, 2010 · Leave a Comment

Western Bay of Plenty. I just love the setting sun over the hills in the west. You’ve heard of the cat on a hot tin roof, well here’s the kiwi verson – a seagull on a hot tin roof. This is a common sight year round, although as the seasons change so does the position of the setting sun. Hope you enjoy these – we certainly enjoyed the moment. Read More →

Property News

Ballance Street auction sells

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New RV’s released

The new rating valuations for Gisborne have been released. You can find them online by searching for a particular property at the GDC website. There is also a lot of good support material available about the subject. Interestingly the first thing I did was to go online and find out what my property’s RV was....

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NZ Herald Property Report

Recently the New Zealand Herald published their Quarterly Housing Report. I have managed to get my hands on a digital copy NZH Property Report. If you weren’t able to get a hard copy, then download this report. It makes good holiday reading. The thing to remember is this; the data comes from Quotable Value...

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