Hamilton

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

May 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 4,091 properties listed for of $747,000. sale, over the past 12 months, which is higher than the same time last year. This has impacted sales with 2,881 taking place over the The most traded suburb for homes in our area has been Hamilton past 12 months. Looking at the market, the best performing suburb, East with 257 homes sold over the past 12 months. Dwelling prices over the past 12 months, has been Beerescourt which has seen its in Hamilton East have performed strongly with growth of 17.4% and median sales price grow by 29.1%. The median sales price of a home now have a median price of $622,000. in Beerescourt is now $771,000. Queenwood saw its median sales The time it takes to sell a home in our region ranges from 7 days in price grow by 25.0% with the median price now sitting at $820,000 Fitzroy to 43 days in Hamilton Central. and Chedworth grew 21.7% across 21 individual sales with a median

Suburb performance Strongest growth 29.1% Beerescourt 12 months SOLD

SOLD Beerescourt 44 $771,000 29.1% 20 Most traded 257 Queenwood 29 $820,000 25.0% 14 Hamilton East properties Chedworth 21 $747,000 21.7% 11 Fastest sellers 7 Bader 38 $506,000 20.8% 7 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 416 homes were listed for sale over the past year.

Homes in Hamilton East have an average land size of 492 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 $646,950. This is higher than the median sales price which is currently $622,000.

Over the past 12 months, buyer interest has eased with 257 homes sold this year compared to 289 sales last year.

Homes are typically selling within 19 days.

Sales prices have grown by 17.4% 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 257 $622,000 17.4% 19 $161.75m 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

5 Bruce Avenue, Glenview 181 Hukanui Road, Chartwell

2 1 2 1277m2 3 1 1 667m2

Sale Price$619,000 Property Type Dwelling Sale Price$877,000 Property Type Dwelling Sale Date08/04/21 Days on Market 99 Sale Date06/04/21 Days on Market 19

3 Arundel Place, Nawton 43D Heathfield Avenue,Huntington

4 2 2 700m2 2 2 1 268m2

Sale Price$880,000 Property Type Dwelling Sale Price$740,500 Property Type Dwelling Sale Date31/03/21 Days on Market 9 Sale Date31/03/21 Days on Market 21

42 Wellington Street, Hamilton East 59 Hendon Road, Fairview Downs

2 1 8 947m2 3 1 2 779m2

Sale Price$339,000 Property Type Ownership ho Sale Price$750,000 Property Type Dwelling Sale Date31/03/21 Days on Market 14 Sale Date31/03/21 Days on Market 23

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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