1975 days ago

Property prices continue to soar in Lower Hutt

Reporter Community News

A Lower Hutt subdivision sold out in a day, as the demand for new properties remains high and prices continue to climb.

The 14 townhouses at the Riverside Drive development in Fairfield were all under offer within hours, starting at $589,000 for a two bedroom unit. All were bought off the plans, and still more 18 months away from being ready to move into.

It comes as Real Estate Institute figures for August, released on Friday, record houses prices recorded in Hutt Valley, with growth month on month faster than other parts of the Wellington region. Professionals real estate agent Shane Brockelbank, who sold the Riverside subdivision, said he was surprised by the speed at which the houses sold.

”Offers started coming in on Thursday morning, and they were gone by the afternoon.

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More messages from your neighbours
22 days ago

Poll: As a customer, what do you think about automation?

The Team from Neighbourly.co.nz

The Press investigates the growing reliance on your unpaid labour.

Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.

We want to know: What do you think about automation?
Are you for, or against?

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As a customer, what do you think about automation?
  • 9.4% For. Self-service is less frustrating and convenient.
    9.4% Complete
  • 43.5% I want to be able to choose.
    43.5% Complete
  • 47.1% Against. I want to deal with people.
    47.1% Complete
2503 votes
16 hours ago

Trusted Painters for Every Home

Graham Painters

Hi neighbours!
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Find out more

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26 days ago

Poll: Are you as excited as we are for Te Matapihi’s grand reopening?

The Team from Neighbourly.co.nz

Wellington’s Te Awe Library on Brandon St will be closing its doors for good at 5 pm on March 1. It’s been the city’s largest temporary library, and now it’s making way for the exciting return of Te Matapihi Central Library!

We want to know: Are you as excited as we are for Te Matapihi’s grand reopening?

Want all the details? The Post has everything you need to know.

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Are you as excited as we are for Te Matapihi’s grand reopening?
  • 46.3% Yes
    46.3% Complete
  • 53.7% No
    53.7% Complete
313 votes