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Hamilton East, Hamilton Lake, Harrowfield, Hillcrest, Huntington, Maeroa, Melville, Nawton, Pukete, Queenwood

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Hamilton East, Hamilton Lake, Harrowfield, Hillcrest, Huntington, Maeroa, Melville, Nawton, Pukete, Queenwood 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, July 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 3,784 properties listed grew 11.7% across 55 individual sales with a median of for sale, over the past 12 months, which is higher than the $523,780. same time last year. This has impacted sales with 2,906 taking place over the past 12 months. Looking at the market, the best The most traded suburb for homes in our area has been performing suburb, over the past 12 months, has been Western Hamilton East with 250 homes sold over the past 12 months. Heights which has seen its median sales price grow by 17.2%. Dwelling prices in Hamilton East have performed well with growth The median sales price of a home in Western Heights is now of 5.3% and now have a median price of $514,000. $717,000. Deanwell saw its median sales price grow by 12.5% The time it takes to sell a home in our region ranges from 16 days with the median price now sitting at $478,000 and Claudelands in Deanwell to 39 days in Whitiora. Suburb performance Strongest growth 17.2% Western Heights 12 months SOLD SOLD Western Heights 23 $717,000 17.2% 25 Most traded 250 Deanwell 17 $478,000 12.5% 16 Hamilton East properties Claudelands 55 $523,780 11.7% 24 Fastest sellers 16 Fairview Downs 61 $519,500 9.6% 16 Deanwell 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 353 homes were listed for sale over the past year. Homes in Hamilton East have an average land size of 458 square metres. The suburb is tightly held with residents typically holding their home for 8 years. The median value of dwellings in Hamilton East is $514,300. This is higher than the median sales price which is currently $514,000. Over the past 12 months, buyer interest has eased with 250 homes sold this year compared to 310 sales last year. Homes are typically selling within 23 days. Sales prices have grown by 5.3% 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 Average Days Total Value Median Indicative Gross Properties Sold Sale Price in Median Price on Market of Sales Asking Rent Rental Yield 250 $514,000 5.3% 23 $131.28m $375 3.8% 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 11 The Meadows Drive, Flagstaff 28 Thackeray Street, Hamilton Lake 4 2 0 648m2 4 2 1 809m2 Sale Price $413,043 Property Type Vacant Sale Price $895,000 Property Type Dwelling Sale Date28/06/19 Days on Market 163 Sale Date28/06/19 Days on Market 57 4 Amanda Avenue, Dinsdale 9 Jobe Road, Chartwell 3 1 1 814m2 3 2 2 450m2 Sale Price $590,000 Property Type Dwelling Sale Price $740,000 Property Type Dwelling Sale Date27/06/19 Days on Market 81 Sale Date27/06/19 Days on Market 7 10/102 Old Farm Road, Hamilton East 5A Taksan Place, Pukete 2 1 2 0m2 3 1 1 0m2 Sale Price $400,000 Property Type UNIT Sale Price $385,000 Property Type Dwelling Sale Date25/06/19 Days on Market 7 Sale Date22/06/19 Days on Market 2 Hamilton LJ Hooker Hamilton Real Estate Associates Ltd Licensed REAA 2008 ph. 07 834 0313 [email protected] hamilton.ljhooker.co.nz/ Data for this report is provided by CoreLogic RP Data. In compiling this publication, CoreLogic has relied upon information supplied by a number of external sources. CoreLogic does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in this publication through any cause whatsoever and limits any liability it may have to the amount paid to CoreLogic for the supply of such information. This data is provided as general information only and is not intended as financial advice. For our complete terms and conditions of use, go to www.corelogic.co.nz.
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