Hamilton

Your local property report This report covers your local suburbs of Bader, , Chartwell, Chedworth, , , Dinsdale, , Fairfield, , Fitzroy, Flagstaff, Forest Lake, Frankton, Glenview, Grandview Heights, , Hamilton East, , , Hillcrest, Huntington, , Melville, Nawton, , , Riverlea, , Rototuna

April 2021

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.

Looking at the market, the best performing suburb, over the past 12 now have a median price of $621,000. months, has been Queenwood which has seen its median sales price grow by 24.2%. The median sales price of a home in Queenwood The time it takes to sell a home in our region ranges from 7 days in is now $815,000. Beerescourt saw its median sales price grow by Fitzroy to 50 days in Hamilton Central. 24.1% with the median price now sitting at $737,000 and Bader grew 20.0% across 30 individual sales with a median of $499,000.

The most traded suburb for homes in our area has been Hamilton East with 242 homes sold over the past 12 months. Dwelling prices in Hamilton East have performed strongly with growth of 17.8% and

Suburb performance Strongest growth 24.2% Queenwood 12 months SOLD

SOLD Queenwood 30 $815,000 24.2% 13 Most traded 242 Beerescourt 41 $737,000 24.1% 20 Hamilton East properties Bader 30 $499,000 20.0% 7 Fastest sellers 7 Saint Andrews 100 $676,000 17.8% 14 Fitzroy 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 Hamilton East

One of the most popular suburbs in our region is Hamilton East where 409 homes were listed for sale over the past year.

Homes in Hamilton East have an average land size of 500 square metres.

The suburb is tightly held with residents typically holding their home for 9 years.

The median value of dwellings in Hamilton East is $626,600. This is higher than the median sales price which is currently $621,000.

Over the past 12 months, buyer interest has eased with 242 homes sold this year compared to 288 sales last year.

Homes are typically selling within 19 days.

Sales prices have grown by 17.8% over the past 12 months. All of this means it is now a great time to sell in Hamilton East.

Recent Sales (12 months) Snapshot on Hamilton East

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 242 $621,000 17.8% 19 $150.1m NA NA

Sales and Listings – Hamilton East Prices and change – Hamilton East

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

26 Galway Avenue, Hamilton East 15 Pascal Place, Flagstaff

3 1 1 624m2 4 2 2 3448m2

Sale PriceUndisclosed Property Type Dwelling Sale Price$1,000,000 Property Type Dwelling Sale Date26/02/21 Days on Market NA Sale Date25/02/21 Days on Market 10

5 Galahad Court, Rototuna North 3 Whyte Street, Hamilton East

3 2 0 400m2 3 1 2 801m2

Sale Price$925,000 Property Type Dwelling Sale Price$935,000 Property Type Dwelling Sale Date25/02/21 Days on Market 17 Sale Date24/02/21 Days on Market 14

119 Galloway Street, Hamilton East 99B Nixon Street, Hamilton East

3 1 0 683m2 1 1 1 0m2

Sale Price$748,888 Property Type Dwelling Sale Price$561,000 Property Type Dwelling Sale Date24/02/21 Days on Market 23 Sale Date23/02/21 Days on Market 7

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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