Wanganui

Your local property report This report covers your local suburbs of , , , Gonville, Saint Johns Hill, Springvale, and .

April 2021

Brought to you by the team at LJ Hooker Wanganui pq ph. 06 345 6123 ef [email protected] wx wanganui.ljhooker.co.nz Your local property report

What’s happening in our local property market

Recent Sales (12 months)

At LJ Hooker Wanganui 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 median price of $334,000. months, has been Castlecliff which has seen its median sales price grow by 43.5%. The median sales price of a home in Castlecliff is The time it takes to sell a home in our region ranges from 13 days in now $310,000. Aramoho saw its median sales price grow by 38.2% Aramoho to 22 days in Saint Johns Hill. with the median price now sitting at $345,500 and Gonville grew 27.5% across 135 individual sales with a median of $334,000.

The most traded suburb for homes in our area has been Gonville with 135 homes sold over the past 12 months. Dwelling prices in Gonville have performed strongly with growth of 27.5% and now have a

Suburb performance Strongest growth 43.5% Castlecliff 12 months SOLD

SOLD Castlecliff 124 $310,000 43.5% 18 Most traded 135 Aramoho 111 $345,500 38.2% 13 Gonville properties Gonville 135 $334,000 27.5% 18 Fastest sellers 13 Durie Hill 30 $407,000 24.5% 21 Aramoho days SOLD Number sold (12 months) Median Price Median Growth 12 months Median Days on Market

Wanganui Your local property report

This month it’s all about Gonville

One of the most popular suburbs in our region is Gonville where 112 homes were listed for sale over the past year.

Homes in Gonville have an average land size of 696 square metres.

The suburb is tightly held with residents typically holding their home for 11 years.

The median value of dwellings in Gonville is $373,500. This is higher than the median sales price which is currently $334,000.

Over the past 12 months, buyer interest has eased with 135 homes sold this year compared to 139 sales last year.

Homes are typically selling within 18 days.

Sales prices have grown by 27.5% over the past 12 months. All of this means it is now a great time to sell in Gonville.

Recent Sales (12 months) Snapshot on Gonville

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 135 $334,000 27.5% 18 $47.6m NA NA

Sales and Listings – Gonville Prices and change – Gonville

Number of properties listed for sale Median change in sales price (%) Number of properties sold Median sales price over 5 years

Wanganui Your local property report

Recent Area Sales

270C Somme Parade, Aramoho 104A Bell Street, Whanganui

2 1 1 0m2 2 1 1 0m2

Sale PriceUndisclosed Property Type Ownership ho Sale Price$375,000 Property Type Ownership ho Sale Date26/02/21 Days on Market 48 Sale Date25/02/21 Days on Market 43

84 Bignell Street, Gonville 12 Quick Avenue, Aramoho

3 1 1 780m2 2 1 1 1028m2

Sale Price$353,750 Property Type Dwelling Sale Price$451,000 Property Type Dwelling Sale Date23/02/21 Days on Market 4 Sale Date20/02/21 Days on Market 18

21 Raupo Street, Castlecliff 21 Hood Street, Castlecliff

3 1 2 868m2 3 1 2 1171m2

Sale Price$240,000 Property Type Dwelling Sale Price$451,000 Property Type Dwelling Sale Date19/02/21 Days on Market NA Sale Date19/02/21 Days on Market 17

Wanganui LJ Hooker Wanganui Real Estate Associates Ltd Licensed REAA 2008 ph. 06 345 6123 [email protected] wanganui.ljhooker.co.nz

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