Quarterly results – good insights
Sales over the second quarter (April – June) were at the same number of the previous five quarters, around the 100 sales mark. Compared to the peak during 2006 / 2007 of double that, it seems that these levels of activity is the new norm. Median sale prices continue to be around the low to [...]
Auction Results
Last Wednesday LJ Hooker Gisborne offered 4 urban residential properties for sale by auction. While none sold under the hammer, 10 Coulston Place is under contract at above the $330,000 that it was passed in at. The villa at 107 Sheehan Street has drawn alot of post auction interest and is expected to be under contract before the [...]
Walker Real Estate rebrands
Walker Real Estate has rebranded to LJ Hooker Gisborne. Six months ago Walker and Harveys Gisborne joined forces and have been operating under the two brands out of 66 Reads Quay. Now the final stage of the merger is complete and the two companies have become one – LJ Hooker Gisborne. The merger makes LJ [...]
Central St villa sells under the hammer
Recently a well presented villa at 4 Central Street, Whataupoko Gisborne sold at auction for $350,000. The property drew interest from several buyers, however on the day one bidder negotiated the sale before it was sold under the hammer. “The high standard of presentation was a winning point with several buyers. Over the four week [...]
Coastal Properties Lose Value – Gisborne OK
The recent report in the New Zealand Herald highlighted the falling values of many coastal properties but in Gisborne I don’t think it is that bad. The coastal properties that are a holiday getaway are usually within an easy driving distance from larger population centres. An hour or two from home or in the worst case [...]
Walker & Harveys Join Forces
Alliance Points to a Positive Future Ahead A strategic alliance has been formed between Harveys and Walker Real Estate. Capitalizing on the respective strengths of both companies, each will be able to offer their clients specialist services in their respective markets, while also sharing resources at their offices in Reads Quay. The Real Estate industry [...]
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 [...]
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 [...]
Year End Sales Finish Strongly
December sales activity in the Gisborne residential property market finished on a high note pushing the quarterly total above the anticipated level. While October posted 42 sales and November only 34, December bounced back with 48 reported houses being sold in Gisborne. That pushed the 4th quarter up to a total of 124 sales, coming [...]
