It's a buyer's market

We've recently received data from the REINZ telling us what real estate activity was like in March this year. For home-buyers the news is good but for real estate agents things are looking less rosy, with falling sales.In March,...

Source: nzherald.co.nz - Property | 26 Apr 2019 | 5:51 pm

Fresh hope to save historic 'haunted' house in Auckland

A derelict, ex-orphanage in Grey Lynn reputed to be haunted by a ghost could be saved following a breakthrough between the owner and Auckland Council.The stately, two-storey Carlile House on Richmond Rd is in a perilous state after...

Source: nzherald.co.nz - Property | 25 Apr 2019 | 4:36 pm

Auckland house prices: How did your suburb fare?

Takapuna has the fastest growing median house price in Auckland, according to the latest data from the Real Estate Institute of New Zealand (REINZ).For the six months ending March 2019, 67 houses were sold in Takapuna at a median...

Source: nzherald.co.nz - Property | 24 Apr 2019 | 12:49 pm

Property tycoon gives away children's $600 million inheritance

The heir to the biggest real estate agency in property-mad Hong Kong doesn't own a house.Not only that, he won't inherit his father's stake in Centaline Group, estimated to be worth about US$400 million (NZ$600m) according to the...

Source: nzherald.co.nz - Property | 24 Apr 2019 | 9:01 am

Design reflects rural location

Ross Cato has been building homes for 41 years, since he was 16. Of those years, 30 have been spent north of Auckland in the Rodney area. His son Simon joined him as an apprentice 12 years ago and, working as a team, they have...

Source: nzherald.co.nz - Property | 24 Apr 2019 | 5:00 am

Retreat to secret oasis

Everything that is significant about this 19th-century Victorian cottage and its enduring neighbourhood vibe is there to see from its street frontage.This cottage sits close to the front boundary just as these houses were back in...

Source: nzherald.co.nz - Property | 24 Apr 2019 | 5:00 am

Iconic home — just what the Dr ordered

Helen Meale had an admiring eye for one of Waiuku's grandest old homesteads long before it went on the market.Howden House, known as The Hill, has held its prominent position on the main road leading down into the town for 100 years.Dr...

Source: nzherald.co.nz - Property | 24 Apr 2019 | 5:00 am

Christchurch church attracts churches

A Christchurch church and vicarage are on the market in the inner suburb of St Martins about 2km south of the city centre with keen interest in the sale being shown by other churches and religious groups.The church complex occupies...

Source: nzherald.co.nz - Property | 24 Apr 2019 | 5:00 am

Cruisy Mt Maunganui vacant corner site

Two adjoining bare sections located directly across the road from the mooring and passenger boarding and disembarkation facilities for cruise ships visiting the port of Tauranga have been placed on the market for sale.The two freehold...

Source: nzherald.co.nz - Property | 24 Apr 2019 | 5:00 am

Russell $8.9m mansion up for sale allows guests to arrive by helicopter or superyacht

If you are in the habit of commuting home by superyacht or helicopter, then this $8.9 million Bay of Islands mansion could be the perfect buy for you.The seven-bedroom home decked out in marble and imported timber is a five-minute...

Source: nzherald.co.nz - Property | 23 Apr 2019 | 11:58 am

Family Benefit paid home deposit

A few weeks ago I wrote about the rate of home ownership in New Zealand — particularly noting that that rate has been remarkably consistent, with around 65 per cent of kiwis owning their own home, for nearly 100 years. I also noted...

Source: nzherald.co.nz - Property | 21 Apr 2019 | 4:15 pm

The Omaha Flats mansion with horse arena, cricket pitch, netball field and garden maze

An Omaha mansion boasting its own horse arena, garden maze, cricket pitch, netball court and waterfront access for kite surfing and sailing could be as close to Disneyland as you'll find near Auckland.Owners Chris and Jody Richardson...

Source: nzherald.co.nz - Property | 21 Apr 2019 | 1:16 pm

The Auckland suburbs where houses are selling above CV

Most Auckland houses are still selling above their CVs, research from OneRoof.co.nz shows.OneRoof.co.nz and its data partner Valocity identified 71 suburbs in the city where on average residential dwellings sold above their 2017...

Source: nzherald.co.nz - Property | 20 Apr 2019 | 7:26 pm

Large Hastings newly-zoned industry property

A 2.39-hectare Hastings newly-zoned industrial property with development potential and holding income - owned by respected Hawke's Bay orchardists Kevin and Karen Bayley's company Rimu Hastings – has been placed on the market.The...

Source: nzherald.co.nz - Property | 20 Apr 2019 | 4:32 pm

Another seaside motor camp for sale

The summer of 2019 may have seen the last pitching of tents and cooking of steaks on the barbecue by holidaymakers at a popular and long-established Auckland harbourside camp ground on the shore of Manukau Harbour.The Sandspit Motor...

Source: nzherald.co.nz - Property | 20 Apr 2019 | 5:00 am

Red Baron's flight leaves vacant site

High-profile land and buildings which previously housed one of Auckland's foremost motorcycle sales and repair dealerships have been placed on the market.For 25-years, the property at 299 Great North Road in Grey Lynn was home to...

Source: nzherald.co.nz - Property | 20 Apr 2019 | 5:00 am

Homing in on hill site

Colin and Valerie Langford had lived in Mairangi Bay for 38 years, ever since they were married. They'd updated their home over the years but "it was getting a bit long in the tooth," says Colin.So when a neighbour knocked on the...

Source: nzherald.co.nz - Property | 20 Apr 2019 | 5:00 am

The privilege of privacy

Paul Rosenberg says privacy is the main appeal of his Matakana bush property. The privacy, not being looked at by neighbours, and not having to maintain the bush. "The valuer said what I have here is becoming more valuable and...

Source: nzherald.co.nz - Property | 20 Apr 2019 | 5:00 am

Opening up views topside

When Ross Blair got a call from a real estate agent to have a look at a cliff-top property, it wasn't the aging cottage and thick bamboo visible from the top of its driveway which delighted him. "I could see looking out over the...

Source: nzherald.co.nz - Property | 20 Apr 2019 | 5:00 am

Fran O'Sullivan: PM's leadership missing on CGT issue

COMMENT: Jacinda Ardern is at the peak of international celebrity yet she can't — or perhaps more accurately won't — even try to sell a capital gains tax.That's the paradox that now confronts New Zealand.It might be overstating...

Source: nzherald.co.nz - Property | 20 Apr 2019 | 5:00 am