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Your Local Property Report This Report Covers Your Local Suburbs of Castlepoint, Kuripuni, Lansdowne, Masterton, Mataikona, Riversdale Beach, Solway and Tinui

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Your Local Property Report This Report Covers Your Local Suburbs of Castlepoint, Kuripuni, Lansdowne, Masterton, Mataikona, Riversdale Beach, Solway and Tinui Masterton Your local property report This report covers your local suburbs of Castlepoint, Kuripuni, Lansdowne, Masterton, Mataikona, Riversdale Beach, Solway and Tinui. December 2020 Brought to you by the team at LJ Hooker Masterton pq ph. 06 378 8666 f. 06 378 2139 ef [email protected] wx masterton.ljhooker.co.nz/ Your local property report What’s happening in our local property market Recent Sales (12 months) At LJ Hooker Masterton 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 478 properties listed for sale, The most traded suburb for homes in our area has been Masterton over the past 12 months, which is lower than the same time last with 192 homes sold over the past 12 months. Dwelling prices in year. This has impacted sales with 497 taking place over the past 12 Masterton have performed strongly with growth of 15.4% and now months. Looking at the market, the best performing suburb, over the have a median price of $414,200. past 12 months, has been Kuripuni which has seen its median sales price grow by 23.7%. The median sales price of a home in Kuripuni The time it takes to sell a home in our region ranges from 15 days in is now $420,000. Solway saw its median sales price grow by 19.0% Kuripuni to 19 days in Solway. with the median price now sitting at $454,500 and Lansdowne grew 15.6% across 126 individual sales with a median of $444,000. Suburb performance Strongest growth 23.7% Kuripuni 12 months SOLD SOLD Kuripuni 41 $420,000 23.7% 15 Most traded 192 Solway 138 $454,500 19.0% 19 Masterton properties Lansdowne 126 $444,000 15.6% 16 Fastest sellers 15 Masterton 192 $414,200 15.4% 17 Kuripuni days SOLD Number sold (12 months) Median Price Median Growth 12 months Median Days on Market Masterton Your local property report This month it’s all about Masterton One of the most popular suburbs in our region is Masterton where 197 homes were listed for sale over the past year. Homes in Masterton have an average land size of 892 square metres. The suburb is tightly held with residents typically holding their home for 10 years. The median value of dwellings in Masterton is $442,900. This is higher than the median sales price which is currently $414,200. Over the past 12 months, buyer interest has eased with 192 homes sold this year compared to 237 sales last year. Homes are typically selling within 17 days. Sales prices have grown by 15.4% over the past 12 months. All of this means it is now a great time to sell in Masterton. Recent Sales (12 months) Snapshot on Masterton 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 192 $414,200 15.4% 17 $83.84m $360 4.2% Sales and Listings – Masterton Prices and change – Masterton Number of properties listed for sale Median change in sales price (%) Number of properties sold Median sales price over 5 years Masterton Your local property report Recent Area Sales 31 Wrigley Street, Masterton 67 Bannister Street, Masterton 4 1 1 594m2 3 1 1 551m2 Sale Price$435,000 Property Type Dwelling Sale Price$425,000 Property Type Dwelling Sale Date30/10/20 Days on Market 90 Sale Date30/10/20 Days on Market 49 81 Kuripuni Street, Kuripuni 25 Rochdale Road, Riversdale Beach 3 1 0 1277m2 4 2 0 997m2 Sale Price$420,000 Property Type Dwelling Sale Price$728,000 Property Type Dwelling Sale Date30/10/20 Days on Market 33 Sale Date19/10/20 Days on Market 7 16B South Belt, Solway 34 Vogel Crescent, Masterton 3 1 2 931m2 3 1 3 971m2 Sale Price$415,000 Property Type Dwelling Sale Price$400,000 Property Type Dwelling Sale Date19/10/20 Days on Market NA Sale Date15/10/20 Days on Market 61 Masterton LJ Hooker Masterton McHattie Realty Ltd Licensed REAA 2008 ph. 06 378 8666 f. 06 378 2139 [email protected] masterton.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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