Hamilton Property Update April 2024
Kia ora neighbours,
We’ve got the latest data from April on the Hamilton Property Market thanks to the Real Estate Institute of New Zealand.
- Median house price $740,000
- Median days to sell 46 vs a 10-year average of 39 days
- 27 weeks of inventory vs 26 weeks in April 2023
The property market in Hamilton is busy, with a plethora of houses available for purchase. It's worth noting that we've witnessed a significant 16% increase in the number of houses sold last month compared to April 2023. The most active buying groups across Waikato are owner-occupiers and first-home buyers, who are still actively searching for their new home, indicating good opportunities in the market.
If you’d like to know more about the current market, whether you’re looking at buying or selling, contact us today so we can provide you with up to date information and inform your decision making
Poll: Are you a Te Huia fan?
All three Hamilton MPs appear to be united behind the retention of the Te Huia passenger rail service between Hamilton and Auckland, as well as potentially expanding it to Tauranga.
But whether Hamilton East’s Ryan Hamilton, Hamilton West’s Tama Potaka and soon-to-be Labour list MP Georgie Dansey have the combined power to shunt transport minister Chris Bishop and Prime Minister Christopher Luxon onto their line of thinking remains to be seen.
Are you a Te Huia fan? Tell us more in the comments (adding NFP if you don't want your words used in print).
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80% Yes
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20% No
One size fits all rates cap model ‘unworkable’, says Waipā DC
Waipā District Council says the government’s “one size fits all” proposal to cap rate rises could disproportionately harm fast-growing councils such as Waipā.
On Wednesday, Strategic Planning and Policy committee members debated the council’s submission on the proposed rates cap model.
Time to Tickle Your Thinker 🧠
If a zookeeper had 100 pairs of animals in her zoo, and two pairs of babies are born for each one of the original animals, then (sadly) 23 animals don’t survive, how many animals do you have left in total?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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