market facts november 2020 RESIDENTIAL SALES GISBORNE SUBURB 2017 RV PRICE RV/SP % BEDS FLOOR LAND BEACH $635,000 $1,100,000 73.23% 3 210 1213 BEACH $1,069,000 $1,500,000 40.32% 3 90 1528 BEACH $418,000 $930,000 122.49% 3 171 526 BEACH – AVERAGE SALE PRICE % OVER 2017 RV 76.68% CITY $225,000 $420,000 86.67% 3 122 317 CITY $267,000 $440,000 64.79% 3 150 556 CITY $212,000 $480,000 126.42% 2 85 364 CITY $230,000 $800,000 247.83% 3 182 APTMENT CITY $340,000 $365,000 7.35% 3 150 APTMENT CITY CENTRAL – AVERAGE SALE PRICE % OVER 2017 RV 106.61% INNER KAITI $182,000 $347,000 90.66% 2 100 CROSS-LEASE INNER KAITI $491,000 $940,000 91.45% 4 167 2120 INNER KAITI $281,000 $550,000 95.73% 3 130 717 INNER KAITI $209,000 $605,000 189.47% 3 110 670 INNER KAITI $650,000 $1,034,500 59.15% 5 280 2023 INNER KAITI – AVERAGE SALE PRICE % OVER 2017 RV 105.29% KAITI $199,000 $375,000 88.44% 2 80 859 KAITI $185,000 $435,000 135.14% 2 132 635 KAITI $562,000 $950,000 69.04% 3 220 825 KAITI $124,000 $350,000 182.26% 3 94 658 KAITI $259,000 $455,000 75.68% 3 103 1012 KAITI – AVERAGE SALE PRICE % OVER 2017 RV 110.11% LYTTON WEST $384,000 $625,000 62.76% 2 119 555 LYTTON WEST $442,000 $780,000 76.47% 3 150 533 LYTTON WEST $387,000 $655,000 69.25% 3 123 400 LYTTON WEST $384,000 $833,000 116.93% 2 123 684 LYTTON WEST – AVERAGE SALE PRICE % OVER 2017 RV 81.35% 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 REA 2008 www.tracyrealestate.co.nz PAGE 1 OF 3 market facts november 2020 RESIDENTIAL SALES GISBORNE SUBURB 2017 RV PRICE RV/SP % BEDS FLOOR LAND MANGAPAPA $200,000 $415,000 107.50% 4 80 632 MANGAPAPA $252,000 $545,000 116.27% 3 102 424 MANGAPAPA $233,000 $475,000 103.86% 2 100 409 MANGAPAPA $241,000 $751,000 211.62% 2 93 1476 MANGAPAPA $120,000 $525,000 337.50% 3 90 663 MANGAPAPA $280,000 $600,000 114.29% 3 190 1012 MANGAPAPA $306,000 $516,000 68.63% 3 93 1518 MANGAPAPA $151,000 $250,000 65.56% 3 101 673 MANGAPAPA $430,000 $992,000 130.70% 3 124 3647 MANGAPAPA $246,000 $500,000 103.25% 4 100 856 MANGAPAPA $313,000 $615,000 96.49% 3 110 1126 MANGAPAPA $189,000 $410,000 116.93% 2 90 CROSS-LEASE MANGAPAPA – AVERAGE SALE PRICE % OVER 2017 RV 131.05% OUTER KAITI $143,000 $350,000 144.76% 3 100 685 OUTER KAITI $142,000 $400,000 181.69% 4 92 516 OUTER KAITI $198,000 $508,000 156.57% 3 90 735 OUTER KAITI $148,000 $325,000 119.59% 3 99 434 OUTER KAITI $173,000 $460,000 165.90% 3 110 647 OUTER KAITI $182,000 $375,000 106.04% 3 80 860 OUTER KAITI – AVERAGE SALE PRICE % OVER 2017 RV 145.76% RIVERDALE $309,000 $652,500 111.17% 3 96 625 RIVERDALE $298,000 $510,000 71.14% 3 140 1087 RIVERDALE $287,000 $580,000 102.09% 3 100 607 RIVERDALE $255,000 $536,000 110.20% 3 102 948 RIVERDALE $281,000 $590,000 109.96% 3 105 999 RIVERDALE – AVERAGE SALE PRICE % OVER 2017 RV 100.91% TAMARAU $295,000 $622,000 110.85% 4 190 1171 TAMARAU – AVERAGE SALE PRICE % OVER 2017 RV 110.85% 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 REA 2008 www.tracyrealestate.co.nz PAGE 2 OF 3 market facts november 2020 RESIDENTIAL SALES GISBORNE SUBURB 2017 RV PRICE RV/SP % BEDS FLOOR LAND TE HAPARA $269,000 $635,000 136.06% 3 120 986 TE HAPARA $154,000 $300,000 94.81% 4 120 599 TE HAPARA $256,000 $452,000 76.56% 3 104 682 TE HAPARA $172,000 $430,000 150.00% 2 80 CROSS-LEASE TE HAPARA $191,000 $415,000 117.28% 3 100 761 TE HAPARA $364,000 $625,000 71.70% 3 210 970 TE HAPARA $224,000 $620,000 176.79% 3 110 594 TE HAPARA $232,000 $440,000 89.66% 1 90 CROSS-LEASE TE HAPARA $287,000 $530,000 84.67% 4 125 759 TE HAPARA $331,000 $560,000 69.18% 3 163 612 TE HAPARA $213,000 $530,000 148.83% 2 90 609 TE HAPARA $158,000 $490,000 210.13% 2 63 430 TE HAPARA $174,000 $410,000 135.63% 3 90 409 TE HAPARA – AVERAGE SALE PRICE % OVER 2017 RV 120.10% WHATAUPOKO $268,000 $615,000 129.48% 2 100 739 WHATAUPOKO $1,150,000 $1,580,000 37.39% 5 240 6.2 HA WHATAUPOKO $260,000 $550,000 111.54% 3 92 688 WHATAUPOKO $735,000 $1,295,000 76.19% 5 260 1741 WHATAUPOKO $276,000 $480,000 73.91% 3 100 556 WHATAUPOKO $307,000 $732,000 138.44% 3 130 726 WHATAUPOKO – AVERAGE SALE PRICE % OVER 2017 RV 94.49% AVERAGE % ABOVE 2017 OF ALL ABOVE SALES 113.27% REINZ DATA STATISTICS FOR THE MONTH: RESIDENTIAL HOUSES (including apartments) RESIDENTIAL HOUSES MEDIAN MEDIAN DAYS NUMBER SOLD NOVEMBER 2019 $389,000 33 70 NOVEMBER 2020 $530,000 33 67 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 2017 RV expressed as a percentage. Suburbs covered: Elgin, Gisborne Central, Heatherlea, Inner Kaiti, Kaiti, Lytton West, Mangapapa, Okitu, Riverdale, Tamarau, Te Hapara, Wainui, Whataupoko 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 REA 2008 www.tracyrealestate.co.nz PAGE 3 OF 3.