3 out of 4 auctions sold

It was a good day for sales at LJ Hooker Gisborne when 3 out of 4 residential properties sold under the hammer. 5 Elsdon Best Street, Riverdale was offered for sale under mortgagee instructions. The property drew a positive response during the marketing programme with over 30 buyer inspections. It came down to 3 active [...]

Market Trends – the big picture

The market trend for house prices in Gisborne is they are falling, but not by much. Sales over the past 11 years show that the market peaked in 2007 and since then prices have remained slightly below that level. Often the monthly results can show a spike, however due to the small amount of monthly [...]

53 Grant Road

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 [...]

8 Sirrah St Wainui Beach

It doesn’t get much better than this! Overlooking Wainui Beach, Gisborne this modern contemporary family home is an outstanding property. 8 Sirrah Street offers the best of care free coastal living. Sunrises and sets will be yours to enjoy every day. What a great place to call your next home. Selling by Auction on 15 February, [...]

Property prices 2011

Gisborne’s property values dropped by 2.8% during 2011. Nationally average values rose by 2.4%. Those increases were in the main centres and in some provincial cities. Both Tauranga and Hamilton’s values were flat. Gisborne was not alone in falling values.  For the full report visit the QV website. (Quotable Value New Zealand). QV gathers its data from completed [...]

Finger on the pulse

As the year comes to an end, it seems there is an increase in sales activity in the residential property market in Gisborne. A few agencies are reporting more sales, however the auction clearance rates are showing a mixed bag of results. LJ Hooker Gisborne has posted 11 residential sales for December, following on from [...]

Childers Road bungalow now $232,000

The owners of 802 Childers Road Gisborne have decided to let their investment property go, well below what they were hoping to get. They have dropped their asking price by over $20,000 and are now asking $232,000. The three bedroom stucco bungalow offers great outdoor living, a massive double garage and workshop, all in very [...]

Ballance St selling this week

While it is only one week until Christmas, 124 Ballance Street is being offered for sale by public auction on Wednesday 21 December. This character bungalow has drawn wide attention and it’s easy to see why. Presented immaculately after a superb renovation, the property offers comfort levels and easy care living that are seldom found. [...]

Strong auction results

3 out of 5 properties sold in the auction rooms at LJ Hooker Gisborne yesterday. 2 were rural properties (12a Makarika School Road, Ruatoria and 2446 Waingake Road, Manutuke) the third was a community housing project in Ranfurly Street, Gisborne. On Wednesday’s auctions, the  2 residential properties (19 Buchanan Street and 84 Ormond Road) both [...]

Prime riverbank home

Hidden away on a rear site this riverbank property is the perfect retreat from our busy world. At 6 Marian Drive,  Gisborne, time seems to stand still. You experience the calming effect of just being here. Mature trees play host to incredible bird life and while the gardens on this 2000 sq m are established, [...]

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