Monthly Archives: June 2012

Students halt traffic

Serendipity, I’m pretty sure its called. Right place, right time & all that sort of stuff.

There I was in the middle of town just before lunch today, and notice a large bunch of students gathering.

Turns out I didn’t have to wait long to see what it was about…..having traveled only about another 5 ~ 10m down the footpath, I heard this noise, turned around….

and….well here’s the video. Quality I agree is wanting, but only had my mobile phone with me at the time. So it was either take it or not….I decided to film it.

Where does the Sun set Wintertime in Nelson?

June 2012

Well here you go, no need to wonder anymore….

Mid Winters sunset...

these photos were taken yesterday evening, and although not technically the shortest day of the year, as its a day later…..it will give you an idea of where the sun sets in the “middle of winter” in New Zealands sunshine capital, Nelson. Have added a couple more photos over at Nelsonians Life too, right here.

 

Get ready for The Block – Kiwi Style

June 19th 2012

Renovation Fever (“Reno Fever” in Aussie talk) is about to hit the small screen, very soon. (15 days, 2 hrs, 47 mins, and 56 seconds away actually according to the counter on their site here)

Hot on the heels of a very successful 4 + year run across the ditch, where, on many occasions, it made it to being Aussies most watched program status….

a recent article in The North Shore Times points to the purchase of a 4 adjacent property lot in Takapuna, where it looks more than likely the program will be based.

Although Anneke Bodde, the publicist for the TV3 show, is saying at this stage that they won’t confirm the filming location…….there are other signs according to the newspaper report……

Four dilapidated brick houses on Anzac St have been marked with numbers and have had television crews swarming all week.

Pretty soon 4 couples will embark on the home renovation of their life.

Apparently it would appear that us Kiwis, well, we are one country of 4.4m DIYer’s, and it wouldn’t surprise me at all if the whole country takes these couples and the program to heart.

Who could forget Mark & Duncan from series 3?

Renovation aficionados will recognize these 2 larger than life Aussie characters from the OZ version of the reality TV lifestyle program, “The Block.” As you can see from the above clip, even taking the time out to offer pointers on other DIY projects.

That laugh….

Now who could forget “that laugh.”

Well, watch TV3 from July 4, and you’ll definitely see why……

….and also experience the reasons why this series was such a hit over The ditch.

For the first time in NZ, we will be able to watch the weekly trials and tribulations of our own Kiwi contestants going for it, on home turf.

 

 

May 2012 Nelson Property Home Sales Report

June 2012

Recently released REINZ May 2012 home sales statistics for the Nelson region show a continuation of the balance I’ve been speaking about for many months now, although volumes have ticked up a tad.

The core 2 and 3 bedroom market is still in force, but there was a good percentage of more family orientated 4 bedroom properties sold during the month too. These larger 4 bedroom properties also saw buyers reaching into their pockets for a decent amount more money than what they could have brought a 3 bedroom home for. (Great time to consider placing a 4~5 bedroom property on the market it would appear?)

Provincial centres

Most of the provincial centres have increased in value by around 1% over the past three months with the exceptions being Wanganui which has increased 2.8%, Rotorua, Napier and Nelson have all remained relatively stable, and Gisborne has dropped 1.3%.

(QV June 12th 2012)

QV (Quotable Value – NZ) reinforce that balanced market perspective too in their latest market commentary update.

In their latest market update on SOLD figures, the Real Estate Institute of NZ (REINZ) also provided some snapshots of the regions.

Data ~ Real Estate Institute of NZ May 2012 Report on Regional Home Sales

Included in that update was the chart above depicting  a “little changed” median price over the last 5 years.

Interest rates are continuing to be a factor high on the minds of buyers, and to that aim, we have seen a re-introduction of investor buyers back into the scene over recent weeks.

Topping off the busy month of May were 14 sections sales in Nelson City too.

 

Mortgage Rates favouring First Time Buyers..

June 15th 2012

Nice to be able to write a headline like the above one, because its not always been the case, especially so in the Nelson region.

Coincide that with a seemingly more competitive lending environment, along with the ability to use some of your Kiwi-saver savings,  and the continuation of Welcome Home loans,  the decision by Dr Bollard this week to maintain New Zealands 2.5% official cash rate should be welcomed by anyone looking to buy their first home and lock in a reasonably priced mortgage. And dare I say it, good prospects for capital growth in New Zealands sunshine capital.

And just perhaps if a Nelson region property is on your desired list you should read the article (The Nelson Mail June 13th 2012) whose headline I have placed above.

‘‘Now is a good time for two reasons. No 1 because interest rates are so low and No 2 because the upward leg of the house price cycle is only just restarting – meaning in two years’ time, even if interest rates are at the same level, I expect house prices to be higher. Therefore, it’s better to be a first-time home buyer now than it is down the track.’’

The above quote from the article summarises a couple of favourable reasons to consider the move, even a glimpse at recent Paymark figures, indicates Nelsonians are feeling better about themselves.

However to put it plainly, those whom desire to enter the first rung of the property ladder, could do worse than ponder this Business Day article written by Martin Hawes a few weeks back.