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, [...]

Sales with new RV’s applied

It’s interesting to see how the new rating valuations compare against the  most recent sales. The result; still all over the place really. The variation for October and November sales still swings from 58% below to 26% above. But that’s to be expected really. After all rating valuations are not made for the purpose of [...]

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. [...]

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. [...]

Steady November Sales

Sales released for November 2011 were consistent with previous months of 2011. There were 29 confirmed residential property sales in Gisborne City. No section sales were reported this month. There were 11 sales under $200,000 and there were 4 sales above $500,000. This level of high end sales is more than previous months. It’s pleasing [...]

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 [...]

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