Wanganui

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

June 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.

Across our local market, we have seen 512 properties listed for sale, The most traded suburb for homes in our area has been Gonville with over the past 12 months, which is lower than the same time last 132 homes sold over the past 12 months. Dwelling prices in Gonville year. This has impacted sales with 515 taking place over the past 12 have performed strongly with growth of 24.9% and now have a months. Looking at the market, the best performing suburb, over the median price of $346,000. past 12 months, has been Castlecliff which has seen its median sales price grow by 34.3%. The median sales price of a home in Castlecliff The time it takes to sell a home in our region ranges from 15 days in is now $315,500. Saint Johns Hill saw its median sales price grow by Aramoho to 26 days in Saint Johns Hill. 29.5% with the median price now sitting at $592,000 and Aramoho grew 27.4% across 107 individual sales with a median of $363,000.

Suburb performance Strongest growth 34.3% Castlecliff 12 months SOLD

SOLD Castlecliff 110 $315,500 34.3% 17 Most traded 132 Saint Johns Hill 40 $592,000 29.5% 26 Gonville properties Aramoho 107 $363,000 27.4% 15 Fastest sellers 15 Gonville 132 $346,000 24.9% 18 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 119 homes were listed for sale over the past year.

Homes in Gonville have an average land size of 680 square metres.

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

The median value of dwellings in Gonville is $395,700. This is higher than the median sales price which is currently $346,000.

Homes are typically selling within 18 days.

Sales prices have grown by 24.9% over the past 12 months. All of this means it is now a good time to consider your next property decision 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 132 $346,000 24.9% 18 $46.69m 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

423 Somme Parade, Aramoho 5 Spurdle Street, Springvale

3 1 1 1012m2 3 2 2 697m2

Sale Price$460,000 Property Type Dwelling Sale Price$625,000 Property Type Dwelling Sale Date30/04/21 Days on Market 21 Sale Date23/04/21 Days on Market 17

25 Pitt Street, Whanganui 3 Abbot Street, Gonville

3 1 2 1012m2 3 1 1 1012m2

Sale Price$204,000 Property Type Dwelling Sale Price$400,000 Property Type Dwelling Sale Date15/04/21 Days on Market NA Sale Date15/04/21 Days on Market 17

31A Willow Place, Aramoho 119 Karaka Street, Castlecliff

3 1 0 0m2 3 1 3 1969m2

Sale Price$280,000 Property Type Dwelling Sale Price$1,050,000 Property Type Dwelling Sale Date13/04/21 Days on Market 17 Sale Date10/04/21 Days on Market 22

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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