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Posted by Neil Walker on February 20, 2012 · Leave a Comment
There were 27 houses and 2 sections sold in Gisborne in January 2012. That is about the same monthly level for sales during 2011, where the average monthly total was 30 house sales. The highest sale was a beachfront property at Wainui Beach that sold for $1,050,000 and the lowest sale was a property in [...]
Posted by Neil Walker on December 15, 2011 · Leave a Comment
Recently the New Zealand Herald published their Quarterly Housing Report. I have managed to get my hands on a digital copy NZH Property Report. If you weren’t able to get a hard copy, then download this report. It makes good holiday reading. The thing to remember is this; the data comes from Quotable Value (QV) and [...]
Posted by Neil Walker on September 8, 2011 · Leave a Comment
While houses sales in Gisborne for August were pretty much in line with previous months, there was a big increase in the number of sections sold. 33 residential homes sold (31 houses and 2 apartments) and 11 sections sold. The Sponge Bay subdivision posted 4 sales and the others were spread across the city. As [...]
Posted by Neil Walker on August 25, 2011 · Leave a Comment
Finding a small lifestyle block to build on can be a challenge in Gisborne. Most sections are either quarter acre or smaller within the city boundary or a hectare or more in the country. 620 Nelson Road is in between. It is half a hectare (5000 sq m) and it is just outside the city [...]
Posted by Neil Walker on July 12, 2011 · Leave a Comment
Despite a lift in sales volume during May, it was another month of low sales as June posts 30 sales for the month. Those were made up of 27 house sales, 1 apartment, 1 block of units and 1 section. The most affordable was in Kaiti ($95,000) and the most expensive was a property in Riverside [...]
Filed under Market Updates · Tagged with coastal property, Economy, Gisborne, House, houses for sale Gisborne real estate, Investing, market value, property, Residential area, Sales, sections
Posted by Neil Walker on April 12, 2011 · Leave a Comment
no shortage of subdivisions If you are considering building a residential home in Gisborne, now is a great time to buy a section. While there are plenty to choose from, prices vary considerably. Recently 4 adjacent sections in Kaiti sold for $20,000 each while a site at Wainui Estates overlooking the city went for over [...]
Posted by Neil Walker on April 10, 2011 · Leave a Comment
The majority of property sales in Gisborne City during March 2011 continued to be at levels below the most recent rating valuations set in 2008. There were 37 house, unit and apartment sales for the month ranging from $70,000 for a one bedroom unit in Te Hapara to $573,000 for a 4 bedroom home at [...]
Posted by Neil Walker on April 5, 2011 · Leave a Comment
Surplus to requirements 40 Sterling Park is a residential section being offered for sale by auction with an incredible reserve of $95,000. Similar Lots are selling around the $150,000 mark. Buy now and use what you save to upgrade the specs on your new home. Hurry, it’s selling this week!
Posted by Neil Walker on June 24, 2010 · Leave a Comment
Bare land this size within the city boundary isn’t available very often. This 1.78ha block in Worsley Street has resource consent for 21 sections. The owners have chosen not to do the development, but everything is in place. Buy now, hold for a while and develop when the market turns. What would you pay for [...]
