The Property Market

Higher Value Lifestyle Market Alive & Well

Tue, 15 Jun 2010 01:30:00 GMT

A perusal of market information over the last 18 months indicates that in the southern area of the Rodney District there have been 10 to 11 lifestyle properties that have sold in excess of $2,500,000. The majority of these properties are located in Coatesville with other properties in Dairy Flat and Silverdale/Stillwater.

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Prime Commercial Retail Investments Keenly Sought After

Tue, 01 Jun 2010 00:44:00 GMT

It is clearly evident that there is a very strong demand for commercial retail investment properties, especially with prices under $1,500,000 to $2,000,000. The market has remained strong even through the downturn in the overall economy evident in the years 2008/2009. Whereas commercial/industrial and commercial/office properties have seen a rise in capitalisation rates and yields generally around 1% to 2% over this period, commercial retail property yields have remained reasonably steady.

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Renewed demand for good quality North Shore beachside/lakeside residential property

Tue, 23 Feb 2010 20:19:00 GMT

Recent sales information publicised by the Real Estate Institute in the latter months of the year 2009 report a number of good quality residential properties in the southern suburbs of Auckland's North Shore selling in excess of $2,500,000. Demand has returned to the marketplace and many of these properties have been offered for sale for some considerable time without attracting a successful purchaser. However it is noted to several real estate organisations actively marketing these expensive properties that there is a renewed level of enquiry and activity.

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