The right time to buy
A recent survey conducted on the affordability of buying a home concluded that now is a great time to buy property. While it didn’t mention Gisborne specifically (due to our small size, most national surveys don’t) our region offers excellent opportunities to those looking to get into the housing market. Below is the article from [...]
Walker Holds Market Share
Despite strong competition from the 13 agencies competing in the Gisborne residential property market, the team at Walker Real Estate has held 20% market share for the first half of 2010. While some agencies may have a good month and are quick to quote a high market share figure for that month, it’s the results [...]
Cool furniture for small spaces
Too often tiny rooms in apartments or small houses just can not fit conventional furniture. It seems that most furniture is made for larger homes and there is nothing worse than a cluttered floorplan. Often the solution is to remove items at the expense of functionality. Space saving furniture is a real asset to apartment [...]
New Real Estate Agents Law is the best thing since sliced bread
The new REA Act 2008 is one of the best things that has happened to the industry. It came into play at the end of 2009. Things have settled and now we can all move ahead is a positive direction. Having a strong consumer focus, the law makes it clear what responsibilities and obligations an [...]
Budget released – investors can now plan ahead
Now that the long awaited Budget has been released, investors can plan ahead with some degree of confidence. For some investors, they stand to be much worse off, but for the “Mum and Dad” investors who have a rental property or two, and are not heavily geared, then owning investment property remains a good wealth [...]
Customhouse Street villa sale sets new record
The recent sale of a Customhouse Street villa has set a new record. Selling for $925,000 at a whopping 42% above its rating valuation of $650,000 the sale has gone against the flow of all previous top end sales in Gisborne in 2010. Located in the inner city waterfront area, the 205 sq.m two level [...]
Gisborne’s flat market is not alone
While Gisborne has recently seen a fall in the volume of house sales, so too has the rest of the country. It looks as though the slow market is a nationwide phenomena. This article appeared in the NZ Herald this morning. I endorse Olly Newland’s comments. Uncertainty over next week’s Budget with its potential for [...]
It’s our anniversary!
Walker Real Estate has now achieved four years in business, has a great team and has strong market share! We are celebrating and we are growing too. Walker Property Management Ltd is now trading on it’s own. There is exciting growth ahead as two new property managers join our team in a week’s time. Watch [...]
Mortgagee Auctions Draw Strong Interest
Bargain hunters were able to buy waterfront property for less than half the price paid by the last owners at a mortgagee auction conducted by Hookers in Gisborne yesterday. One apartment in the popular Portside Hotel development went under the hammer for $90,000 and another, fronting the swimming pool and port, went for $104,000. Both [...]
Increase in Building Consents A Positive Sign
The increase in the number of building consents issued for the latest four month period is a positive sign of economic growth for the region. While the bulk of the consents have been industrial and commercial, the flow on effect for the local economy is welcomed. DESPITE a slowdown in the final four months of [...]
