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, [...]
New RV’s out soon
The new RV’s (Rating Valuations) for Gisborne are due out on 10 December 2011. Effective from September 2011, they are meant to represent a snapshot of property values. RV’s replaced the old GV’s sometime ago. However RV’s do not purport to be an accurate assessment of market value. Land Mass Technologies (the company who did [...]
A smart retirement option
For many folk of retirement age, the option of going into Beetham, Ryman or another managed complex Gisborne is not an option they are seeking. Often a new home is not an option either, as the cost may be beyond the available resources. This property on 84 Ormond Road may prove to be the solution. Built [...]
Street smart
Looking at 108 Rutene Road, it is easy to see why it has caught your eye. The colonel style has a timeless appeal and when you step inside, the property continues to delight. Spacious, airy and with a sensible floor plan, the attraction grows. But the real benefits of living here will be the convenience of [...]
26 House Sales in October
There were 26 residential properties sold in Gisborne City during October 2011. There were also 4 residential sections sold. This list of the actual sales can be found here. In the lower end of the market there were some good buying opportunities for investors looking for better returns. A few years ago you would have [...]
