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Your Local Property Report This Report Covers Your Local Suburbs of Castlepoint, Kuripuni, Lansdowne, Masterton, Mataikona, Riversdale Beach, Solway and Tinui

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Your Local Property Report This Report Covers Your Local Suburbs of Castlepoint, Kuripuni, Lansdowne, Masterton, Mataikona, Riversdale Beach, Solway and Tinui Masterton Your local property report This report covers your local suburbs of Castlepoint, Kuripuni, Lansdowne, Masterton, Mataikona, Riversdale Beach, Solway and Tinui. June 2019 Brought to you by the team at LJ Hooker Masterton pq ph. 06 378 8666 f. 06 378 2139 ef [email protected] wx masterton.ljhooker.co.nz/ Your local property report What’s happening in our local property market Recent Sales (12 months) At LJ Hooker Masterton our goal is to provide you with the information you need to make confident decisions about property - whether you are buying, selling, investing or renting. We have created this report which details local market conditions and how property is performing in your area which at times can be very different to the combined performance of the capital cities. Let us help you stay on top of changes in your local property market every month. Across our local market, we have seen 540 properties listed for grew 16.9% across 130 individual sales with a median of sale, over the past 12 months, which is higher than the same $367,000. time last year. This has impacted sales with 490 taking place over the past 12 months. Looking at the market, the best performing The most traded suburb for homes in our area has been suburb, over the past 12 months, has been Riversdale Beach Masterton with 196 homes sold over the past 12 months. which has seen its median sales price grow by 34.9%. The Dwelling prices in Masterton have performed strongly with growth median sales price of a home in Riversdale Beach is now of 12.2% and now have a median price of $330,000. $545,000. Solway saw its median sales price grow by 18.2% The time it takes to sell a home in our region ranges from 17 days with the median price now sitting at $347,500 and Lansdowne in Kuripuni to 32 days in Riversdale Beach. Suburb performance Strongest growth 34.9% Riversdale Beach 12 months SOLD SOLD Riversdale Beach 17 $545,000 34.9% 32 Most traded 196 Solway 102 $347,500 18.2% 20 Masterton properties Lansdowne 130 $367,000 16.9% 29 Fastest sellers 17 Kuripuni 45 $317,500 13.8% 17 Kuripuni days SOLD Number sold (12 months) Median Price Median Growth 12 months Median Days on Market Masterton Your local property report This month it’s all about Masterton One of the most popular suburbs in our region is Masterton where 225 homes were listed for sale over the past year. Homes in Masterton have an average land size of 829 square metres. The suburb is tightly held with residents typically holding their home for 10 years. The median value of dwellings in Masterton is $355,450. This is higher than the median sales price which is currently $330,000. Over the past 12 months, buyer interest has eased with 196 homes sold this year compared to 269 sales last year. Homes are typically selling within 21 days. Sales prices have grown by 12.2% over the past 12 months. All of this means it is now a great time to sell in Masterton. Recent Sales (12 months) Snapshot on Masterton SOLD Number of Median Average Change Average Days Total Value Median Indicative Gross Properties Sold Sale Price in Median Price on Market of Sales Asking Rent Rental Yield 196 $330,000 12.2% 21 $68m $350 5.1% Sales and Listings – Masterton Prices and change – Masterton Number of properties listed for sale Median change in sales price (%) Number of properties sold Median sales price over 5 years Masterton Your local property report Recent Area Sales 41 Wavell Crescent, Lansdowne 4 Jellicoe Place, Solway 3 1 2 862m2 3 1 2 727m2 Sale Price $340,000 Property Type Dwelling Sale Price $361,500 Property Type Dwelling Sale Date29/04/19 Days on Market 27 Sale Date26/04/19 Days on Market 7 21 Taranaki Street, Kuripuni 113 Cole Street, Masterton 3 1 1 754m2 4 1 2 974m2 Sale Price $365,000 Property Type Dwelling Sale Price $403,500 Property Type Dwelling Sale Date26/04/19 Days on Market 22 Sale Date24/04/19 Days on Market 45 21 Titoki Street, Lansdowne 24A Totara Street, Lansdowne 2 1 2 778m2 2 1 1 718m2 Sale Price $428,000 Property Type Dwelling Sale Price $295,000 Property Type Dwelling Sale Date16/04/19 Days on Market 20 Sale Date16/04/19 Days on Market 30 Masterton LJ Hooker Masterton McHattie Realty Ltd Licensed REAA 2008 ph. 06 378 8666 f. 06 378 2139 [email protected] masterton.ljhooker.co.nz/ Come inside or visit ljhooker.co.nz to find out more. Data for this report is provided by CoreLogic RP Data. In compiling this publication, CoreLogic has relied upon information supplied by a number of external sources. CoreLogic does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in this publication through any cause whatsoever and limits any liability it may have to the amount paid to CoreLogic for the supply of such information. This data is provided as general information only and is not intended as financial advice. For our complete terms and conditions of use, go to www.corelogic.co.nz.
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