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Your Local Property Report

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Your Local Property Report Hamilton Your local property report This report covers your local suburbs of Bader, Beerescourt, Chartwell, Chedworth, Claudelands, Deanwell, Dinsdale, Enderley, Fairfield, Fairview Downs, Fitzroy, Flagstaff, Forest Lake, Frankton, Glenview, Grandview Heights, Hamilton Central, Hamilton East, Hamilton Lake, Harrowfield, Hillcrest, Huntington, Maeroa, Melville, Nawton, Pukete, Queenwood, Riverlea, Rototuna, Rototuna December 2020 Brought to you by the team at LJ Hooker Hamilton pq ph. 07 834 0313 ef [email protected] wx hamilton.ljhooker.co.nz/ Your local property report What’s happening in our local property market Recent Sales (12 months) At LJ Hooker Hamilton 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 3,329 properties listed for of $529,000. sale, over the past 12 months, which is lower than the same time last year. This has impacted sales with 2,060 taking place over the The most traded suburb for homes in our area has been Flagstaff past 12 months. Looking at the market, the best performing suburb, with 180 homes sold over the past 12 months. Dwelling prices in over the past 12 months, has been Saint Andrews which has seen its Flagstaff have performed well with growth of 8.4% and now have a median sales price grow by 18.6%. The median sales price of a home median price of $855,000. in Saint Andrews is now $635,500. Chedworth saw its median sales The time it takes to sell a home in our region ranges from 7 days in price grow by 18.2% with the median price now sitting at $725,999 Bader to 49 days in Whitiora. and Nawton grew 18.1% across 123 individual sales with a median Suburb performance Strongest growth 18.6% Saint Andrews 12 months SOLD SOLD Saint Andrews 77 $635,500 18.6% 16 Most traded 180 Chedworth 12 $725,999 18.2% 22 Flagstaff properties Nawton 123 $529,000 18.1% 15 Fastest sellers 7 Bader 25 $457,000 12.6% 7 Bader days SOLD Number sold (12 months) Median Price Median Growth 12 months Median Days on Market Hamilton Your local property report This month it’s all about Flagstaff One of the most popular suburbs in our region is Flagstaff where 306 homes were listed for sale over the past year. Homes in Flagstaff have an average land size of 708 square metres. The suburb is tightly held with residents typically holding their home for 7 years. The median value of dwellings in Flagstaff is $854,700. This is lower than the median sales price which is currently $855,000. Over the past 12 months, buyer interest has eased with 180 homes sold this year compared to 227 sales last year. Homes are typically selling within 23 days. Sales prices have grown by 8.4% over the past 12 months. All of this means it is now a great time to sell in Flagstaff. Recent Sales (12 months) Snapshot on Flagstaff 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 180 $855,000 8.4% 23 $152.17m $500 3.0% Sales and Listings – Flagstaff Prices and change – Flagstaff Number of properties listed for sale Median change in sales price (%) Number of properties sold Median sales price over 5 years Hamilton Your local property report Recent Area Sales 6 Caesar Roose Drive, Glenview 76 Hudson Street, Riverlea 3 2 2 545m2 4 1 2 662m2 Sale PriceUndisclosed Property Type Dwelling Sale PriceUndisclosed Property Type Dwelling Sale Date30/10/20 Days on Market 15 Sale Date30/10/20 Days on Market NA 408 Borman Road, Flagstaff 17 Cunningham Road, Beerescourt 4 2 0 644m2 3 1 2 817m2 Sale Price$850,000 Property Type Dwelling Sale Price$775,000 Property Type Dwelling Sale Date29/10/20 Days on Market 1 Sale Date29/10/20 Days on Market 16 115 Cumberland Drive, Flagstaff 3 Fernwater Place, Flagstaff 4 2 0 646m2 4 1 2 949m2 Sale Price$1,059,000 Property Type Dwelling Sale PriceUndisclosed Property Type Dwelling Sale Date29/10/20 Days on Market 1 Sale Date29/10/20 Days on Market NA Hamilton LJ Hooker Hamilton Real Estate Associates Ltd Licensed REAA 2008 ph. 07 834 0313 [email protected] hamilton.ljhooker.co.nz/ 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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