Your local property report This report covers your local suburbs of Brooklands, Lynmouth, Moturoa, New Plymouth, Strandon, Vogeltown, Welbourn and Westown.
November 2020
Brought to you by the team at LJ Hooker New Plymouth pq ph. 06 758 5550 ef [email protected] wx newplymouth.ljhooker.co.nz/ Your local property report
What’s happening in our local property market
Recent Sales (12 months)
At LJ Hooker New Plymouth 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 444 properties listed for sale, $424,000. over the past 12 months, which is lower than the same time last year. This has impacted sales with 427 taking place over the past The most traded suburb for homes in our area has been Westown 12 months. Looking at the market, the best performing suburb, over with 127 homes sold over the past 12 months. Dwelling prices in the past 12 months, has been Lynmouth which has seen its median Westown have performed strongly with growth of 10.2% and now sales price grow by 25.6%. The median sales price of a home in have a median price of $434,000. Lynmouth is now $495,000. Brooklands saw its median sales price The time it takes to sell a home in our region ranges from 12 days in grow by 16.5% with the median price now sitting at $465,000 and Vogeltown to 37 days in Lynmouth. Vogeltown grew 10.4% across 40 individual sales with a median of
Suburb performance Strongest growth 25.6% Lynmouth 12 months SOLD
SOLD Lynmouth 24 $495,000 25.6% 37 Most traded 127 Brooklands 16 $465,000 16.5% 23 Westown properties Vogeltown 40 $424,000 10.4% 12 Fastest sellers 12 Westown 127 $434,000 10.2% 12 Vogeltown days SOLD Number sold (12 months) Median Price Median Growth 12 months Median Days on Market
New Plymouth Your local property report
This month it’s all about Westown
One of the most popular suburbs in our region is Westown where 130 homes were listed for sale over the past year.
Homes in Westown have an average land size of 742 square metres.
The suburb is tightly held with residents typically holding their home for 9 years.
The median value of dwellings in Westown is $467,900. This is higher than the median sales price which is currently $434,000.
Over the past 12 months, buyer interest has eased with 127 homes sold this year compared to 150 sales last year.
Homes are typically selling within 12 days.
Sales prices have grown by 10.2% over the past 12 months. All of this means it is now a great time to sell in Westown.
Recent Sales (12 months) Snapshot on Westown
SOLD
Number of Median Average Change in Average Days Total Value Median Indicative Gross Properties Sold Sale Price Median Price on Market of Sales Asking Rent Rental Yield 127 $434,000 10.2% 12 $59.4m $410 4.6%
Sales and Listings – Westown Prices and change – Westown
Number of properties listed for sale Median change in sales price (%) Number of properties sold Median sales price over 5 years
New Plymouth Your local property report
Recent Area Sales
289A Courtenay Street, Strandon 175A Coronation Avenue, Welbourn
2 1 1 0m2 2 1 1 0m2
Sale Price$423,000 Property Type Ownership ho Sale Price$412,000 Property Type Dwelling Sale Date24/09/20 Days on Market NA Sale Date17/09/20 Days on Market NA
4 Massey Street, Westown 68 Waiwaka Terrace, Strandon
2 1 2 0m2 2 1 1 0m2
Sale Price$487,000 Property Type Ownership ho Sale Price$397,000 Property Type Dwelling Sale Date14/09/20 Days on Market 22 Sale Date14/09/20 Days on Market 43
329 Devon Street West, New Plymouth 6A Price Street, Westown
5 1 3 771m2 3 2 2 1435m2
Sale PriceUndisclosed Property Type Dwelling Sale Price$952,000 Property Type Dwelling Sale Date14/09/20 Days on Market NA Sale Date11/09/20 Days on Market 32
New Plymouth LJ Hooker New Plymouth Town & Country Real Estate Ltd Licensed REAA 2008 ph. 06 758 5550 [email protected] newplymouth.ljhooker.co.nz/
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