Does your property really double in value every 10yrs?
“In 2012, the national average asking price for a home was less than half a million dollars at $447,040. We have seen this average increase steadily over the last ten years to reach just under $1 million in 2021.”
Average asking prices have more than doubled nationally and in 10 of 19 NZ regions in the last decade, according to the latest data from realestate.co.nz.
For homeowners who have not (theoretically) doubled their money, most have seen average asking prices in their regions get close, with more than 90% increases.
Vanessa Williams, spokesperson for realestate.co.nz says that property has long been considered a good investment, and the latest data has supported that theory.
In the last ten years, regional New Zealand small towns have seen the largest average asking price increases. With an increase of $361,441 or 282.1% in 10 years, mill-town Kawerau saw the most exponential average asking price growth.
To read the full report go to realestate.co.nz/blog
or your can contact me to talk real estate -0274951536
Poll: Is dumping an issue in your neighbourhood?
There's nothing worse than strolling around the streets in your neighbourhood and seeing dumped rubbish.
Have you noticed this in your area? What could we do to combat this around the country?
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43.3% Yes, I've seen some illegal dumping
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56.1% No, our neighbourhood is pretty good
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0.6% Other - I'll share below
Neighbourly challenge: Who can solve the daily riddle?
I have a crown but am not a king.
I'm prickly on the outside but sweet within.
What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
PLANT SALE - TE PUNA QUARRY PARK - 13 Oct
Our spring plant sale on Sunday 13 Oct 2024 (10am - 1pm) at Te Puna Quarry Park will be a large one again. (Plant donations are still welcome though!). On sale is a variety of garden plants, succulents, vegetable seedlings, pots, other garden stuff, some house plants, textiles and gifts. Kids can make Christmas decorations. Omokoroa Lions will do a Sausage sizzle. Online payment is available. Proceeds are for ongoing Park maintenance. Donations of plants and pots are always welcome and much appreciated, either before or on the day. Info: Elly 027 371 8720. Or tepunaquarrypark@gmail.com. Thanks from the Quarry Park volunteers!
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