Featured Suburb
Focus on Martinborough
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Martinborough is a popular spot at any time of year but this Sunday, the small town will welcome over 10,000 visitors for Toast Martinborough – New Zealand’s premier wine, food and music festival. Now in its 19th year, the festival is the annual showcase of fine wines produced in the Martinborough region.
Located in the Wairarapa and only 1hour and 15 minutes from Wellington, Martinborough offers the perfect weekend getaway. Soak up the charming village atmosphere, enjoy quality restaurants and cafes and sample the local world-class wines.
With most of the vineyards within walking distance, you can spend the day wandering between wineries before enjoying a leisurely meal in town or maybe catching a movie at Circus, Martinborough’s boutique cinema.
If you’ve got another day and your own transport, you can go a bit further afield and work up an appetite walking one of the many tracks throughout the Wairarapa or perhaps visit Stonehenge Aotearoa – a 15 minute drive away – where you can learn how early cultures used the sun, moon and stars for life and surival.
However you choose to spend your time, you’re sure to leave Martinborough more relaxed and with a full belly! The locals warn that if you visit, you may not want to leave. If that’s the case, you may want to check out the 70 properties currently available on Realestate.co.nz!
Focus on Tirau
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Located in South Waikato, Tirau is just over two hours from Auckland, less than 40mins from Rotorua or Tauranga and just over an hour from Taupo.
It is a vibrant little town, which provides tourists and passing motorists with a wide variety of cafes and restaurants and offers a unique shopping experience, with everything from art, jewellery and clocks to antiques, fine wines and wool products.
There’s no doubt however, that the point of difference in this town is the corrugated iron signage, which is produced locally and now adorns most of the shops. And if you’re a tourist in town, it’s not possible to miss the Information Centre, which is housed in a large corrugated iron dog, next door to the large corrugated iron sheep!
Whether you’re visiting, just passing through or considering moving here, Tirau has something to offer everyone. Don’t forget your camera!
Focus on Bulls
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Bulls (Pop. 1755) is a small town near Palmerston North on the west coast of the North Island about 160 kilometres north of Wellington. Recent marketing makes puns with the name, for example “New Zealand gets its milk from Bulls” (Observers may consider the results “commenda-bull” or “horri-bull”).
The town also has its own website unforgetabull.co.nz which highlights the areas history and community. The site also provides information on local events and has a directory of local businesses.
So check out some of bullish photos that Kerry took on her recent trip there and if you are visiting Bulls I’m sure you will have a unforgettabull time…
Omaha
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Omaha is well recognised as a holiday home retreat from Auckland, just 80 km from the CBD this strip of golden sand has attracted significant new development over the past decade. The resident population according to the 2006 census amounted to 384, although take a weekend or summer day and that number is sure to swell by over 1,000.
The recent media coverage speaks to concerns as to property prices falling in the beach area with the article from the NZ Herald of 11 Jan titling it as “Property slump hits Omaha” and referring to local agents reporting the slowest sales for more than 15 years. There were 45 sales in the Omaha suburb in the past 12 months as compared to 119 for the whole of 2007 – that is a significant fall of 62%. As would be expected the majority of sales occur over the summer period, in the first 3 months of 2008, 20 of the 45 sales were recorded.
The latest media comment on Omaha again from the NZ Herald speaks of an auction to be held on Sunday the 25th January – a total of 17 properties are up for sale. That level of stock being sold at one time would in theory would represent 1 in 3 of all properties on the market at the moment.
Currently there are 62 listings on realestate.co.nz for Omaha of which a number are multiple listings – marketed by more than one agent. In total according to the statistics on Zoodle there are 1,377 properties. This represents around 6% of all properties currently on the market as as quoted in the article.
Naturally with such a beautiful vista as Omaha offers there are some spectacular properties especially towards the more newly developed south end – where this top priced property can be found. Priced at $3.95m this spectacular 5 bedroom 360m2 beach home is being marketed by Shane Romani of Bayleys. The property certainly has some spectacular views. Views which are certainly attracting the interest of overseas buyers as can be seen from the viewing statistics of the property – just on half of all views have been from outside NZ with Australia, the US and UK most active viewers.
To gain a fuller perspective on the suburb of Omaha as well as statistics of median price and inventory movements as well as “days on the market” for sold properties check out Omaha suburb profile page. Additionally if you are looking for more information on a property in Omaha – one you may already own or always wanted to buy, then search by street in Omaha.
Herne Bay
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Herne Bay holds the honour of the most expensive suburb in NZ as reported recently in the NZ Herald. Whilst the average price quoted in the article is open to some interpretation there is no doubt that this suburb is an exclusive enclave of inner Auckland.
The last census showed that there is a resident population of 3,666 from among 1,491 dwellings.
In the 12 months from December 2007 to November 2008 there were 44 reported sales by real estate agents in the suburb – total sales value – just under $83 million, resulting in an average price of $1.885 million. The graph below shows the distribution of sales from highest to lowest.
The top priced property sold for $9.25m in the year, however there were only 5 properties sold over $3m, and a further 7 in the range of $2m to $3m.
Currently there are 67 properties on the market with some units for sale around the $500,000 mark whilst single dwellings start around the $1m mark.
To gain a fuller perspective on the suburb as well as statistics of median price and inventory movements and “days on the market” check out the Herne Bay suburb profile page, additionally if you are looking for information on a particular property in Herne Bay – one you may already own or always wanted to buy, then search by street in Herne Bay.
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