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This Months Wellington Property Update

Wellington Property Update for March 2016

This months Headlines:

Local property values on the rise.
The number of days to sell a property has declined significantly.
What’s yours is mine and what’s mine is yours; unless...

Win Deluxe High Tea for 4
at Logan Brown Restaurant.

Recent Wellington Residential Property Sales.

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PU 0316 Halina Kuchciak Page 1

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Right Now the Wellington Market is a SELLERS MARKET - Thinking of Selling? - Click HERE

Kind Regards,

Halina

Your Local Wellington Area Specialist

Experience - Knowledge - Results

 

 


 

This Months Wellington Property Update

Wellington Property Update for February 2016

 

This months Headlines:

The art of getting the maximum out of a strong market
"Property doomsayers got it wrong for 30 years"
You could still be eligible for "First Home KiwiSaver" withdrawal
 

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Halina Kuchciak FEB16 Page 1

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Right Now the Wellington Market is a SELLERS MARKET - Thinking of Selling? - Click HERE

Kind Regards,

Halina

Your Local Wellington Area Specialist

Experience - Knowledge - Results

 

 


 

Wellington house values shoot up!

Capital gains: Wellington house values shoot up!

Housingboom 180

 

The latest figures from valuation company QV show property values in the capital are rising the fastest in about 9 years.

Get the whole story HERE

 

 

 

Thinking of Selling?

How much is your Wellington property worth, click HERE

 

 

 

 

 


 

This Months Wellington Property Update

Wellington Property Update for January 2016

 

This months Headlines:

Home supply and demand gap widening
INTENTIONS TO SELL DECLINING
LOCAL REGION POTENTIAL FOR SIGNIFICANT DEMAND SHORTFALL
Swimming pool law aims to improve safety while reducing costs
THE SIX KEY CHANGES TO THE CURRENT LAW
 

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Halina Kuchciak Jan16 Page 1

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Thinking of Selling? - Click HERE

Kind Regards,

Halina

Your Local Wellington Area Specialist

Experience - Knowledge - Results

 

The winner of the Leaders Real Estate contest, run throughout 2015, to get your electricity account paid for 12 months was: K Quartermain of Karori. 
 
The Logan Brown Winner of Deluxe High Tea for 4 was: R Duffell of Whitby

Thanks to all entrants.

 


 

New record median prices for Wellington

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Let's talk about selling your property

New record median prices for Wellington!!!

Wellington sales volumes growing 15%

Demand is being driven by low interest rates and the relaxation of the LVR rules....Increase in listings are also improving choice for buyers.

Regional Markets Move Ahead as Auckland Region Marks Time

 

For the full REINZ Summary click HERE

 

 

For Your Free Wellington Market Appraisal click HERE

 

 

 

 

Is summer really the best time to sell a property?

When

Ask an assembled group of property owners when is the best time of year to buy or sell property. You are likely to get the answer that summer is the best time. However for whilst toy manufacturers and retailers know that over 50% of their business occurs in the last 2 months of the year, real estate agents are actually pretty busy selling property year round.

The fact is that property sales are actually less susceptible to seasonality than.....click here for the full story

If I Were a Borrower What Would I Do?

Fix or Float

As predicted since early this year the intensity of competition between lenders has picked up and borrowers can pick up some very good deals. 
 
However I haven’t been so accurate with regard to predicting that lenders would shift the focus of their competition to longer fixed rate terms. The opposite is happening with best discounting for the one and two year terms.
 
Given the low chance that national and global conditions are going to require a tightening of monetary policy by our central bank for quite a long time, the risk of fixing short and being caught by rates being on the rise when one’s fixed term ends seems quite low. 
 
So my borrowing preference for the moment is fixing two years with a decent chunk floating to allow for early repayments without penalty. Many people will however be quite comfortable with fixing one year. I consider six month fixing just opportunistic and not really a risk management strategy.
 
 
Read all of Tony Alexanders comments HERE 

 

 

Thanks to Tony Alexander of the BNZ for his Weekly Comment 10/09/15

 


 

Wellington Unconditional Real Estate Headlines

NOW is the TIME to SELL

New highs in average asking price reached in Wellington

New Wellington Property Listings Down.

Inventory shortage is most acute in Wellington

 

Unconditional Aug 2015 asking price

NOW is the TIME to SELL

Click HERE to get started

 

Source: unconditional.co.nz

 

 

 


 

 

 

 

Wellington best long-term value in NZ; Economist

Wellington Harbour1
 
Economist gives Wellington vote of confidence - best long-term value in NZ
 
Wellington properties have been identified as having the best long-term value in the country.
 
According to BNZ chief economist Tony Alexander Wellington was well-placed to benefit from people leaving Auckland because of high house prices.
 
Wellington offered good opportunities for investors, first home buyers, and people looking to free up cash outside Auckland, Alexander said in a newsletter.
 
"If you gave me $10 million and said go forth and buy a bunch of houses you reckon will produce the best capital gains in the next five years, where would I look? I would sink it into Wellington, Hamilton, Tauranga and a bit in Nelson."
 
He expected to see a lot of talk soon about the good city life which Wellington offered.
 
"The ability to buy a reasonably priced house to raise a family, the fact few head offices are planning to shoot north now, the coming long-term benefits of the Transmission Gully Motorway, IT sector, culture, runway lengthening and the film sector."
 
CLICK HERE for the full story
 
 
 
Source: stuff
 

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