market facts september 2017 RESIDENTIAL SALES GISBORNE

SUBURB 2014 RV $ SALE PRICE$ RV/SP% LAND FLOOR BEDS

BEACH $500,000 $560,000 12.00% 7047 252 5 BEACH $535,000 $940,000 75.70% 688 160 3 BEACH $390,000 $500,000 28.21% 850 93 3 BEACH $1,085,000 $1,225,000 12.90% 769 210 5 BEACH SALE PRICE ABOVE 2014 RV 32.20% CITY $134,000 $237,250 77.05% 379 122 3 CITY $60,000 $103,500 72.50% 350 0 0 CITY $355,000 $370,000 4.23% 750 190 3 CITY $94,000 $50,000 -46.81% 0 25 1 CITY SALE PRICE ABOVE 2014 RV 26.74% ELGIN $206,000 $276,500 34.22% 0 120 2 ELGIN $188,000 $264,000 40.43% 847 110 4 ELGIN $168,000 $215,000 27.98% 830 90 3 ELGIN $130,000 $165,500 27.31% 650 80 2 ELGIN $142,000 $253,000 78.17% 835 120 3 ELGIN SALE PRICE ABOVE 2014 RV 41.62% INNER KAITI $178,000 $315,000 76.97% 1214 110 3 INNER KAITI $309,000 $357,500 15.70% 899 140 3 INNER KAITI SALE PRICE ABOVE 2014 RV 46.34% KAITI $147,000 $250,000 70.07% 732 110 3 KAITI $97,000 $130,000 34.02% 668 95 3 KAITI $129,000 $169,000 31.01% 556 93 2 KAITI $170,000 $220,000 29.41% 471 96 3 KAITI SALE PRICE ABOVE 2014 RV 41.13% LYTTON WEST $520,000 $565,000 8.65% 927 220 4 LYTTON WEST $330,000 $430,000 30.30% 516 150 3 LYTTON WEST $449,000 $605,000 34.74% 801 220 4 LYTTON WEST SALE PRICE ABOVE 2014 RV 24.56% MAKARAKA $213,000 $182,000 -14.55% 1012 120 3 MAKARAKA SALE PRICE BELOW 2014 RV -14.55% $205,000 $320,000 56.10% 976 130 3 MANGAPAPA $370,000 $451,000 21.89% 809 160 5 MANGAPAPA $217,000 $275,000 26.73% 850 140 3 MANGAPAPA $244,000 $255,000 4.51% 880 159 3 MANGAPAPA $120,000 $188,500 57.08% 610 70 2 MANGAPAPA $222,000 $270,000 21.62% 670 150 3 MANGAPAPA $260,000 $330,000 26.92% 745 123 3 MANGAPAPA $183,000 $220,000 20.22% 1384 104 3 MANGAPAPA $235,000 $265,000 12.77% 1012 168 4 tracy real estate 121 Ormond Road, Gisborne P 06 929 1933  M 027 553 5360  E [email protected] Tracy Bristowe, AREINZ | Licensed Real Estate Agent REAA 2008 www.tracyrealestate.co.nz

PAGE 1 OF 2 market facts september 2017 RESIDENTIAL SALES GISBORNE

SUBURB 2014 RV SALE PRICE RV/SP% LAND FLOOR BEDS MANGAPAPA $170,000 $218,000 28.24% 761 100 3 MANGAPAPA $273,000 $340,000 24.54% 1063 215 5 MANGAPAPA SALE PRICE ABOVE 2014 RV 27.33% $99,000 $210,000 112.12% 1394 80 2 MANUTUKE SALE PRICE ABOVE 2014 RV 112.12% RIVERDALE $445,000 $565,000 26.97% 1398 220 4 RIVERDALE $452,000 $615,000 36.06% 935 224 4 RIVERDALE $305,000 $322,750 5.82% 541 131 3 RIVERDALE SALE PRICE ABOVE 2014 RV 22.95% $164,000 $176,000 7.32% 661 90 3 TAMARAU SALE PRICE ABOVE 2014 RV 7.32% $200,000 $240,000 20.00% 809 90 2 TE HAPARA $152,000 $225,000 48.03% 683 130 4 TE HAPARA $276,000 $410,000 48.55% 647 154 4 TE HAPARA $130,000 $250,000 92.31% 1243 90 2 TE HAPARA $245,000 $246,000 0.41% 1029 240 6 TE HAPARA $145,000 $180,000 24.14% 701 104 3 TE HAPARA $270,000 $327,500 21.30% 1025 113 3 TE HAPARA $182,000 $241,000 32.42% 607 90 2 TE HAPARA $201,000 $272,000 35.32% 979 110 3 TE HAPARA $295,000 $425,000 44.07% 1012 153 3 TE HAPARA $128,000 $170,000 32.81% 632 82 2 TE HAPARA $318,000 $410,000 28.93% 459 150 3 TE HAPARA $141,000 $212,000 50.35% 0 80 2 TE HAPARA $177,000 $255,000 44.07% 442 90 3 TE HAPARA SALE PRICE ABOVE 2014 RV 37.34% $92,000 $136,000 47.83% 1037 90 3 TE KARAKA SALE PRICE ABOVE 2014 RV 47.83% $151,000 $240,000 58.94% 0 100 2 WHATAUPOKO $314,000 $270,000 -14.01% 456 170 3 WHATAUPOKO $215,000 $300,000 39.53% 809 115 3 WHATAUPOKO $250,000 $290,500 16.20% 774 142 3 WHATAUPOKO $292,000 $378,000 29.45% 733 110 3 WHATAUPOKO $470,000 $640,000 36.17% 1627 225 4 WHATAUPOKO $190,000 $362,000 90.53% 640 240 2 WHATAUPOKO $294,000 $420,000 42.86% 924 160 4 WHATAUPOKO SALE PRICE ABOVE 2014 RV 37.46%

AVERAGE SALE PRICE OF ABOVE SALES ABOVE RV FOR SEPTEMBER 2017 34.18%

REINZ DATA STATISTICS FOR THE MONTH: Residential Houses (including apartments) Residential Houses Median Median Days Number Sold Sections Sold September 2016 $236,000 30 61 $277,500 – 2 sections sold September 2017 $272,000 26 57 $145,000 – 4 sections sold

Disclaimer: The data herein has been sourced via REINZ and RPNZ, and whilst every care has been taken to verify the accuracy of the information, the writer accepts no responsibility for error or omission. The RV/SP % is the difference between the sale price and the 2014 RV expressed as an percentage. tracy real estate 121 Ormond Road, Gisborne P 06 929 1933  M 027 553 5360  E [email protected] Tracy Bristowe, AREINZ | Licensed Real Estate Agent REAA 2008 www.tracyrealestate.co.nz

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