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,
April 2019
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 3,670 properties listed 7.9% across 14 individual sales with a median of $815,000. for sale, over the past 12 months, which is higher than the same time last year. This has impacted sales with 3,073 taking The most traded suburb for homes in our area has been Flagstaff place over the past 12 months. Looking at the market, the best with 276 homes sold over the past 12 months. Dwelling prices in performing suburb, over the past 12 months, has been Deanwell Flagstaff have remained relatively stable with growth of 0.7% and which has seen its median sales price grow by 10.2%. The now have a median price of $757,000. median sales price of a home in Deanwell is now $465,000. The time it takes to sell a home in our region ranges from 13 days Western Heights saw its median sales price grow by 10.2% with in Fairview Downs to 32 days in Maeroa. the median price now sitting at $710,000 and Harrowfield grew
Suburb performance Strongest growth 10.2% Deanwell 12 months SOLD
SOLD Deanwell 17 $465,000 10.2% 19 Most traded 276 Western Heights 15 $710,000 10.2% 25 Flagstaff properties Harrowfield 14 $815,000 7.9% 21 Fastest sellers 13 Whitiora 30 $498,000 7.6% 28 Fairview Downs 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 337 homes were listed for sale over the past year.
Homes in Flagstaff have an average land size of 651 square metres.
The suburb is tightly held with residents typically holding their home for 6 years.
The median value of dwellings in Flagstaff is $781,300. This is higher than the median sales price which is currently $757,000.
Over the past 12 months, buyer interest has eased with 276 homes sold this year compared to 319 sales last year.
Homes are typically selling within 28 days.
Sales prices have stabilised by 0.7% 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 Average Days Total Value Median Indicative Gross Properties Sold Sale Price in Median Price on Market of Sales Asking Rent Rental Yield 276 $757,000 0.7% 28 $212.16m $460 3.1%
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
20 Hinton Avenue, Forest Lake 4 Stanton Place, Huntington
3 1 4 824m2 6 3 3 836m2
Sale Price $599,000 Property Type Dwelling Sale Price $980,000 Property Type Home & income Sale Date26/03/19 Days on Market 35 Sale Date26/03/19 Days on Market 62
35 Heath Street, Saint Andrews 29 Harrowfield Drive,Harrowfield
3 1 2 1011m2 5 1 2 2777m2
Sale Price $695,000 Property Type Dwelling Sale Price $805,000 Property Type Dwelling Sale Date22/03/19 Days on Market 15 Sale Date22/03/19 Days on Market 150
8 Edith Place, Dinsdale 19 Tanekaha Place, Pukete
3 1 2 607m2 3 1 2 1411m2
Sale Price $447,500 Property Type Dwelling Sale Price $470,000 Property Type Dwelling Sale Date21/03/19 Days on Market 22 Sale Date19/03/19 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/
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