looked below and really…I’m sure ….
….couldn’t wait to land in Nelson, the centre of NZ, oh and while I’m at it….NZs historically proven Sunshine capital…still in 2014 the holder of NZ alltime sunshine records.
Category Archives: The Market
Slow local broadband can really knock a home price around
April 11th, 2014
The Telegraph in England has published an engaging topic, via data from Rightmove, arguably the UKs biggest Property portal.
In the article, they contend that by not having fast/ultra fast broadband, then homeowners could potentially suffer up to a 20% reduction in their assets value.
They, Rightmove UK, base this on…
“research it (they) conducted among among 3,000 people found that broadband details were ranked as a more important feature when searching for property than information on transport links and nearby schools.”
Makes for interesting reading, and even more so amongst the amount of #gigatown vibe out there in NZ at present.
The “fuel guage” they use above is quite compelling too. What data should always be….easy to read and understand.
Mind you, paying GB£5,000,000 you’d probably expect no less.
It certainly would aid any New Zealand area, including Nelson where hundreds already support the #gigatownNSN hashtag.
SOURCE – Slow broadband wipes 20% off house prices – The Telegraph UK
Now if I was a betting man…
March 12th 2014
I would have to say there could be worse things to place your money on, than property.
And where to buy in New Zealand?
Hmmm….seems a bit “deja vue” around about now?
December 2007
March 2008
July 2008
October 2008
10th August (unsure of year)
Anyone spot a trend here?
December 2013 Nelson Property Home Sales Report
Jan 26th, 2014
The Real Estate Institute of NZ said in its headline “Mixed Price Data and Softer Volumes in December Market” when referring to sales data from December 2013 NZ House sales.
Here is their summary points for the last calendar month of 2013.
As for the region comment, more specifically, the Institutes local representative reported thus;
Sales volume compared to November rose 2.3% with an 11% increase in Nelson, but falls across the rest of the region.
…The median price trend is now steady, although the volume trend continues to ease. The days to sell trend continues to improve more strongly. The overall trend for the region is now steady.
The Nelson situation was commented on by the REINZs CEO, Helen O’Sullivan, who noted;
“the Nelson/Marlborough region is continuing to see an uplift in the median price and realtively strong volumes compared to the rest of the country. Market activity was stronger in December than November with more listings and a rise in the numbers attending open homes.”
Nelson cities December 2013 chart follows…
Rental Market Prices in Nelson, New Zealand
Jan 8th, 2014
The latest New Zealand wide market rent statistics covering the period for 1 July 2013 – 31 December 2013 have been released.
The first lot of figures above are for the Stoke / Nayland and general Tahunanui zones.
Then there are the Tahuna & Port Hills figures above, and lastly….
This lot above represents the general Nelson city area.
If you are curious about what rent is in your area, or if you are looking at purchasing an investment property in another part of NZ unfamiliar to you, you can also check out the latest rental statistics here;
DATA SOURCE – Ministry of Business, Innovation & Employment NZ
Disclaimer – Re NZ Market Rent Prices