mymarket Report How is the market?

Transcription

1 mymarket Report How is te market? Waikato Summer 2018

2 Te latest property market update for te Waikato region. Helping you wit your property decisions. mymarket Report Witin te Waikato area, Waii Beac as te igest median dwelling price of $803k. Tis demonstrates growt of 14.8% across te year, and a cange of 2.6% across te quarter. Wit te median dwelling price for New Zealand currently $670k, 14 suburbs of Waikato are below te national average, demonstrating te area's affordability. Waikato is also performing on par wit New Zealand as a wole wit median price performance of 1.6%, 5.6%, 7.0%, 9.0%, 9.1% and 9.8% from City, Hauraki District, Waikato District, Waipa District, Western Bay of Plenty District and Matamata-Piako District respectively compared to 6.6% nationally. Te last tree monts ave seen 354 sales across Waikato and 1,939 over te past year. Te suburbs wit te most sales were Raglan wit 84 and Waii Beac wit 68 sales over te past 12 monts. Since 2008, te best performing region as been Hauraki District wit growt of 33.7%. House Price Index Current Value & Recent Cange 3 Mont Value Cange 3.9% Waikato -0.5% 0.9% Waipa -7% Hauraki -1.7% Matamata-Piako < 0 % % % % % $670k +3.6% +6.6% $459k +3.9% +7.0% New Zealand Median dwelling price Qtr cange Yearly cange Waikato District Median dwelling price Qtr cange Yearly cange $429k -1.7% +9.8% Matamata-Piako District Median dwelling price Qtr cange Yearly cange $543k -0.5% +1.6% City Median dwelling price Qtr cange Yearly cange $531k +0.9% +9.0% Waipa District Median dwelling price Qtr cange Yearly cange Western Bay of Plenty District $624k +1.4% +9.1% Median dwelling price Qtr cange Yearly cange Hauraki District $373k -7.0% +5.6% Median dwelling price Qtr cange Yearly cange % > 5 % ljooker.co.nz

3 Waii, Waii Beac & Katikati Market Update Katikati as performed consistently over te past ive years wit median value growt of 57.2%. Te median value of a dwelling in Katikati is now $533,400 wic is 6.5% up from te same time last year. Tere were 105 sales over te past 12 monts in Katikati and tere were 56 listings on te market last mont. In Waii, te median value of a dwelling is now $350,950 wic represents growt of 54.1% over te past ive years and gains of 6.0% over te past year. Tere are 2,015 dwellings in Waii wit 109 selling over te past 12 monts and 54 listings on te market last mont. Waii Beac median dwelling value is $803,000, up 14.8% from last year. Te smallest suburb in te area is Katikati wic as just 1,723 dwellings. Matamata / Piako Market Update Matamata as performed consistently over te past ive years wit median value growt of 62.5%. Te median value of a dwelling in Matamata is now $483,400 wic is 12.8% up from te same time last year. Tere were 213 sales over te past 12 monts in Matamata and tere were 74 listings on te market last mont. In Morrinsville, te median value of a dwelling is now $457,200 wic represents growt of 60.4% over te past ive years and gains of 7.5% over te past year. Tere are 2,832 dwellings in Morrinsville wit 205 selling over te past 12 monts and 50 listings on te market last mont. Te smallest suburb in te area is Morrinsville wic as just 2,832 dwellings. Current Value & Recent Cange Current Value & Recent Cange $533k +0.3% +6.5% Katikati Median dwelling price Qtr cange Yearly cange $803k +2.6% +14.8% Waii Beac Median dwelling price Qtr cange Yearly cange $351k +0.2% +6.0% Waii Median dwelling price Qtr cange Yearly cange $457k +0.2% +7.5% Morrinsville Median dwelling price Qtr cange Yearly cange $483k +1.7% +12.8% Matamata Median dwelling price Qtr cange Yearly cange ljooker.co.nz

4 Tuakau, Huntly & Ngaruawaia Market Update Huntly as performed consistently over te past ive years wit median value growt of 77.5%. Te median value of a dwelling in Huntly is now $336,900 wic is 8.9% up from te same time last year. Tere were 143 sales over te past 12 monts in Huntly and tere were 76 listings on te market last mont. In Tuakau, te median value of a dwelling is now $537,550 wic represents growt of 73.3% over te past ive years and softening of -0.7% over te past year. Raglan Market Update Raglan as performed consistently over te past ive years wit median value growt of 54.9%. Te median value of a dwelling in Raglan is now $629,950 wic is 6.5% up from te same time last year. Tere were 84 sales over te past 12 monts in Raglan and tere were 37 listings on te market last mont. Te smallest suburb in te area is Raglan wic as just 1,660 dwellings. Values ere for dwellings ave grown by 6.5% over te past 12 monts, and te median value is now $629,950. Tere are 1,438 dwellings in Tuakau wit 116 selling over te past 12 monts and 37 listings on te market last mont. Ngaruawaia median dwelling value is $383,000, up 10.7% from last year. Te smallest suburb in te area is Tuakau wic as just 1,438 dwellings. Values ere for dwellings ave eased by -0.7% over te past 12 monts, and te median value is now $537,550. Current Value & Recent Cange Current Value & Recent Cange $383k +1.0% +10.7% Ngaruawaia Median dwelling price Qtr cange Yearly cange $538k +0.4% -0.7% Tuakau Median dwelling price Qtr cange Yearly cange $337k +0.1% +8.9% Huntly Median dwelling price Qtr cange Yearly cange Raglan $630k +1.8% +6.5% Median dwelling price Qtr cange Yearly cange ljooker.co.nz

5 Waipa Market Update Cambridge as performed consistently over te past ive years wit median value growt of 68.0%. Te median value of a dwelling in Cambridge is now $667,550 wic is 9.9% up from te same time last year. Tere were 240 sales over te past 12 monts in Cambridge and tere were 51 listings on te market last mont. In Leamington, te median value of a dwelling is now $571,950 wic represents growt of 66.0% over te past ive years and gains of 8.7% over te past year. Market Update as performed consistently over te past ive years wit te median value growt of 64.2%. Te median value of a dwelling in - Central & Nort West is now $494k wic is 1.2% down from te same time last year. Median value of a dwelling in - Sout West is $488k wic as increased by 4.4% since te same time last year. - Nort East as ad growt of 1.2% in te past year wit te median value of a dwelling now $689k. Tere are 2,947 dwellings in Leamington wit 239 selling over te past 12 monts and 64 listings on te market last mont. Te Awamutu median dwelling value is $457,000, up 12.6% from last year. Te smallest suburb in te area is Leamington wic as just 2,947 dwellings. Current Value & Recent Cange Current Value & Recent Cange $572k +1.1% +8.7% Leamington Median dwelling price Qtr cange Yearly cange $457k +1.7% +12.6% Te Awamutu Median dwelling price Qtr cange Yearly cange $668k +2.0% +9.9% Cambridge Median dwelling price Qtr cange Yearly cange $488k +0.2% +4.4% Sout West Median dwelling price Qtr cange Yearly cange $494k -2.3% -1.2% Central & Nort West Median dwelling price Qtr cange Yearly cange $495k +0.2% +2.2% Sout East Median dwelling price Qtr cange Yearly cange $689k -0.3% +1.2% Nort East Median dwelling price Qtr cange Yearly cange ljooker.co.nz

6 If you re looking to sell, buy or rent, we can connect you wit your local LJ Hooker ofice today. mymarket Report Contact Us On: Cambridge Treetown Real Estate Ltd 55 Victoria Street Cambridge Victoria Street Huntly 102 Main Street Matamata Link Realty Ltd 62 Arawa Street Matamata Morrinsville Central Waikato Realty Ltd 49 Studolme Street Morrinsville Ngaruawaia Twin Rivers Real Estate Ltd 19 Jesmond Street Ngaruawaia Pokeno 63 Great Sout Road Pokeno Raglan 25 Bow Street Te Awamutu Te Awamutu Realty Ltd 41 Maoe Street Te Awamutu Tuakau George Boys & Co Ltd 46A George Street Tuakau Waii Beac Lemontree Realty Ltd 27 Wilson Road Waii Beac All LJ Hooker ofices are Licensed REAA 2008 ljooker.co.nz