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, Riverlea, Rototuna, Rototuna
February 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.
Across our local market, we have seen 3,483 properties listed for $487,000. sale, over the past 12 months, which is lower than the same time last year. This has impacted sales with 2,711 taking place over the The most traded suburb for homes in our area has been Flagstaff past 12 months. Looking at the market, the best performing suburb, with 258 homes sold over the past 12 months. Dwelling prices in over the past 12 months, has been Chedworth which has seen its Flagstaff have performed well with growth of 8.2% and now have a median sales price grow by 21.6%. The median sales price of a home median price of $862,000. in Chedworth is now $725,999. Saint Andrews saw its median sales The time it takes to sell a home in our region ranges from 7 days in price grow by 21.1% with the median price now sitting at $659,000 Bader to 51 days in Deanwell. and Bader grew 20.0% across 25 individual sales with a median of
Suburb performance Strongest growth 21.6% Chedworth 12 months SOLD
SOLD Chedworth 18 $725,999 21.6% 7 Most traded 258 Saint Andrews 116 $659,000 21.1% 18 Flagstaff properties Bader 25 $487,000 20.0% 7 Fastest sellers 7 Beerescourt 41 $684,000 18.8% 21 Bader 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 327 homes were listed for sale over the past year.
Homes in Flagstaff have an average land size of 710 square metres.
The suburb is tightly held with residents typically holding their home for 7 years.
The median value of dwellings in Flagstaff is $890,100. This is higher than the median sales price which is currently $862,000.
Over the past 12 months, buyer interest has eased with 258 homes sold this year compared to 282 sales last year.
Homes are typically selling within 21 days.
Sales prices have grown by 8.2% 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 in Average Days Total Value Median Indicative Gross Properties Sold Sale Price Median Price on Market of Sales Asking Rent Rental Yield 258 $862,000 8.2% 21 $227.39m $520 3.0%
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
11/102 Grantham Street, Hamilton Central 157 Bankwood Road, Chartwell
4 2 2 0m2 2 1 3 1368m2
Sale Price$850,000 Property Type UNIT Sale Price$485,000 Property Type Dwelling Sale Date23/12/20 Days on Market 6 Sale Date23/12/20 Days on Market 7
36A Montgomery Crescent, Bader 17 Sheridan Street, Silverdale
3 1 1 400m2 3 1 2 637m2
Sale Price$500,000 Property Type Dwelling Sale PriceUndisclosed Property Type Dwelling Sale Date23/12/20 Days on Market NA Sale Date22/12/20 Days on Market NA
6 Earls Court, Hillcrest 63 Wiltshire Drive, Huntington
4 1 2 714m2 4 2 0 660m2
Sale PriceUndisclosed Property Type Dwelling Sale Price$930,000 Property Type Dwelling Sale Date22/12/20 Days on Market NA Sale Date21/12/20 Days on Market 4
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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