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, March 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 3,694 properties listed 9.0% across 58 individual sales with a median of $510,000. for sale, over the past 12 months, which is higher than the same time last year. This has impacted sales with 3,110 taking The most traded suburb for homes in our area has been Flagstaff place over the past 12 months. Looking at the market, the best with 279 homes sold over the past 12 months. Dwelling prices performing suburb, over the past 12 months, has been Deanwell in Flagstaff have remained relatively stable with falls of -1.5% and which has seen its median sales price grow by 15.4%. The now have a median price of $747,000. median sales price of a home in Deanwell is now $465,000. The time it takes to sell a home in our region ranges from 14 days Riverlea saw its median sales price grow by 9.6% with the in Hamilton Central to 31 days in Whitiora. median price now sitting at $638,000 and Fairview Downs grew Suburb performance Strongest growth 15.4% Deanwell 12 months SOLD SOLD Deanwell 20 $465,000 15.4% 19 Most traded 279 Riverlea 19 $638,000 9.6% 29 Flagstaff properties Fairview Downs 58 $510,000 9.0% 20 Fastest sellers 14 Hamilton Lake 35 $686,000 8.5% 23 Hamilton Central 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 Flagstaff One of the most popular suburbs in our region is Flagstaff where 342 homes were listed for sale over the past year. Homes in Flagstaff have an average land size of 646 square metres. The suburb is tightly held with residents typically holding their home for 6 years. The median value of dwellings in Flagstaff is $775,700. This is higher than the median sales price which is currently $747,000. Over the past 12 months, buyer interest has eased with 279 homes sold this year compared to 315 sales last year. Homes are typically selling within 29 days. Sales prices have eased by -1.5% over the past 12 months. All of this means it is now a great time to sell in Flagstaff. Recent Sales (12 months) Snapshot on Flagstaff 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 279 $747,000 -1.5% 29 $213.89m $450 3.0% Sales and Listings – Flagstaff Prices and change – Flagstaff 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 13 Knightsbridge Place, Dinsdale 14 Denham Court, Flagstaff 3 1 2 710m2 4 2 0 542m2 Sale Price $510,000 Property Type Dwelling Sale Price $745,000 Property Type Dwelling Sale Date31/01/19 Days on Market 78 Sale Date31/01/19 Days on Market 9 3 Gardenia Close, Melville 8 Whyte Street, Hamilton East 3 1 2 403m2 4 2 2 694m2 Sale Price $550,000 Property Type Dwelling Sale Price $630,000 Property Type Dwelling Sale Date25/01/19 Days on Market 7 Sale Date24/01/19 Days on Market 17 66 Bremworth Avenue, Dinsdale 11 Pollock Drive, Chartwell 3 1 1 677m2 4 3 2 741m2 Sale Price $476,000 Property Type Dwelling Sale Price $770,000 Property Type Dwelling Sale Date23/01/19 Days on Market 56 Sale Date21/01/19 Days on Market 111 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. Come insideCoreLogic or visit does not warrantljhooker.co.nz its accuracy or completeness toand to find the full extent outallowed by more.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.