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Tracy Real Estate | Gisborne Real Estate market facts september 2020 RESIDENTIAL SALES GISBORNE SUBURB 2017 RV PRICE RV/SP % BEDS FLOOR LAND BEACH $527,000 $1,000,000 89.75% 4 190 775 BEACH $1,380,000 $2,175,000 57.61% 5 456 10000 BEACH $510,000 $949,000 86.08% 3 108 2000 BEACH – AVERAGE SALE PRICE % OVER 2017 RV 77.81% CITY CENTRAL $245,000 $480,000 95.92% 3 125 421 CITY CENTRAL $308,000 $575,000 86.69% 3 130 685 CITY CENTRAL $166,000 $325,000 95.78% 2 63 405 CITY CENTRAL – AVERAGE SALE PRICE % OVER 2017 RV 92.80% ELGIN $275,000 $675,000 145.45% 7 160 967 ELGIN $169,000 $336,000 98.82% 2 90 471 ELGIN $112,000 $265,000 136.61% 3 100 663 ELGIN $138,000 $250,000 81.16% 1 90 253 ELGIN – AVERAGE SALE PRICE % OVER 2017 RV 115.51% INNER KAITI $310,000 $671,000 116.45% 4 170 1242 INNER KAITI $228,000 $420,000 84.21% 2 112 460 INNER KAITI $429,000 $710,000 65.50% 3 240 794 INNER KAITI $156,000 $320,000 105.13% 2 90 0 INNER KAITI – AVERAGE SALE PRICE % OVER 2017 RV 92.82% KAITI $150,000 $380,000 153.33% 6 210 1088 KAITI $232,000 $533,000 129.74% 3 115 535 KAITI $385,000 $670,000 74.03% 3 110 362 KAITI – AVERAGE SALE PRICE % OVER 2017 RV 119.03% LYTTON WEST $430,000 $800,000 86.05% 4 183 938 LYTTON WEST $567,000 $802,000 41.45% 4 206 851 LYTTON WEST $609,000 $987,000 62.07% 4 240 1054 LYTTON WEST $588,000 $850,000 44.56% 4 216 840 LYTTON WEST – AVERAGE SALE PRICE % OVER 2017 RV 58.53% MAKARAKA $265,000 $543,000 104.91% 3 100 809 MAKARAKA – AVERAGE SALE PRICE % OVER 2017 RV 104.91% MANGAPAPA $229,000 $486,000 112.23% 3 90 634 MANGAPAPA $219,000 $320,000 46.12% 3 121 693 MANGAPAPA $244,000 $483,999 98.36% 3 111 830 MANGAPAPA $208,000 $410,000 97.12% 3 110 748 MANGAPAPA $330,000 $705,000 113.64% 2 97 11400 MANGAPAPA – AVERAGE SALE PRICE % OVER 2017 RV 93.49% tracy real estate 121 Ormond Road, Gisborne P 06 929 1933 | M 027 553 5360 | E [email protected] Tracy Bristowe, AREINZ | Licensed Real Estate Agent REA 2008 www.tracyrealestate.co.nz PAGE 1 OF 2 market facts september 2020 RESIDENTIAL SALES GISBORNE SUBURB 2017 RV PRICE RV/SP % BEDS FLOOR LAND RIVERDALE $287,000 $560,000 95.12% 3 120 665 RIVERDALE $445,000 $717,000 61.12% 3 150 801 RIVERDALE – AVERAGE SALE PRICE % OVER 2017 RV 78.12% TE HAPARA $227,000 $478,000 110.57% 4 114 819 TE HAPARA $251,000 $460,000 83.27% 3 100 702 TE HAPARA $270,000 $527,000 95.19% 3 90 1277 TE HAPARA $420,000 $796,000 89.52% 4 134 2170 TE HAPARA $283,000 $535,000 89.05% 3 110 0 TE HAPARA $84,000 $190,000 126.19% 0 0 921 TE HAPARA $242,000 $476,000 96.69% 1 80 221 TE HAPARA $242,000 $695,000 187.19% 3 111 840 TE HAPARA – AVERAGE SALE PRICE % OVER 2017 RV 84.55% WHATAUPOKO $331,000 $570,000 72.21% 3 125 1558 WHATAUPOKO $432,000 $796,000 84.26% 3 174 1012 WHATAUPOKO $374,000 $685,000 83.16% 3 140 941 WHATAUPOKO $404,000 $750,000 85.64% 3 110 1456 WHATAUPOKO $364,000 $637,000 75.00% 2 91 1522 WHATAUPOKO $745,000 $1,030,000 38.26% 4 274 1012 WHATAUPOKO $425,000 $775,000 82.35% 4 167 1610 WHATAUPOKO $279,000 $550,000 97.13% 3 132 507 WHATAUPOKO – AVERAGE SALE PRICE % OVER 2017 RV 77.25% AVERAGE % ABOVE 2017 OF ALL ABOVE SALES 92.46% REINZ DATA STATISTICS FOR THE MONTH: RESIDENTIAL HOUSES (including apartments) RESIDENTIAL HOUSES MEDIAN MEDIAN DAYS NUMBER SOLD SEPTEMBER 2019 $384,000 29 39 SEPTEMBER 2020 $560,000 33 39 Disclaimer: The data herein has been sourced via REINZ and RPNZ, and whilst every care has been taken to verify the accuracy of the information, the writer accepts no responsibility for error or omission. The RV/SP % is the difference between the sale price and the 2017 RV expressed as a percentage. Suburbs covered: Elgin, Gisborne Central, Heatherlea, Inner Kaiti, Kaiti, Lytton West, Mangapapa, Okitu, Riverdale, Tamarau, Te Hapara, Wainui, Whataupoko tracy real estate 121 Ormond Road, Gisborne P 06 929 1933 | M 027 553 5360 | E [email protected] Tracy Bristowe, AREINZ | Licensed Real Estate Agent REA 2008 www.tracyrealestate.co.nz PAGE 2 OF 2.
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