Northern News : January 26th 2010
16 NORTHERN NEWS, JANUARY 26, 2011 NEWS www.boiprofessionals.co.nz 09 407 6677 bay of islands realty ltd MREINZ Licensed Agent REAA 2008 PANORAMIC SEA VIEWS MORTGAGEE TENDER Superbly located in popular Rangitane with unobstructed water views, this elevated 2,367m2 site more or less offers 4 bedrooms, 2 lounges and 2 bathrooms. It s great for entertaining and watching the boats go by. There is a public jetty and boat ramp below the site and is ideal for boating enthusiasts. Ample garaging plus a barn and sleep out all on two titles complete this wonderful package. Call me today for an information pack. Te nde r s clo s e : Wednesday 16 February 2011, 4pm The Professionals, 74 Kerikeri Road, Kerikeri. The vendor reser ves the right to sell the property prior to the closing date for tenders. Contact: Noel Brown m. 021 725 375 e. firstname.lastname@example.org • Dennis Corbett, m: 027 592 5880 View online: ww w.boiprofessionals.co.nz Ref # PKK12052 w w w.open2view.co.nz ID #: 238845 Open Homes: Sat 22, 29 Jan & 5, 12 Feb 2011, 11-12noon. 65 Rangitane Loop Rd, Kerikeri INDEPENDENTLY OWNED & OPERATED AND PROUD TO BE SERVING THE MID NORTH CHECK this OUT! DEADLINE SALE: 4 p.m., 4th February 2011 "state" house style 110 sq.m., floor area (approx.) 852 sq.m., section opportunity to invest and improve handyman's dream start! 138 Broadway, PO Box 614, Kaikohe Ph: 09 401 0895 Fax: 09 401 0897 Email: email@example.com Mid North Real Estate Ltd MREINZ Licensed Real Estate Agent REAA2008 Open Homes: Saturday, 11am - 12 noon 29/01/11 Saturday, 11am - 12 noon 5/02/11 14 Tawa Street, Kaikohe Northland Lifestyle&Property Real Estate Guide to Northland Advertising feature INDEPENDENTLY OWNED & OPERATED AND PROUD TO BE SERVING THE MID NORTH 138 Broadway, PO Box 614, Kaikohe Ph: 09 401 0895 Fax: 09 401 0897 Email: firstname.lastname@example.org MORTGAGEE AUCTION Licensed Real Estate Agent REAA2008 Mid North Real Estate Ltd MREINZ 272 State Highway 12, Omapere • 1488 square metre section • Beach access across Omapere Stream • Site offers adequate, but restricted building platform • Section has access to sewerage, town water, power and telecomunications On Site: Sunday 6th & 13th February 2011 from 1pm to 2pm Auction to be held at the offices of Mid North Real Estate Ltd., 138 Broadway, Kaikohe, at 1p.m. on Thursday, 17th February 2011 Information packs are available at the office or Contact George Goodhew, after hours 09 4058622 or mobile 021 742213 3445057AA Farm sales and prices on the up Dairy shake up: Dairy farm sales are rising again. HIGHLIGHTS The information provided by the Real Estate Institute in relation to the rural and lifestyle real estate market covers a three-month period. Therefore, references to December results refer to the period from October 1 to December 31 and references to November refer to the period from September 1 to November 30. The median farm price in Northland decreased to $662,500 in December (November 2010: $700,000; December 2009: $491,000), 16 farms sold (November 2010: 15; December 2009: 18). The farms sold consisted of eight grazing, three horticulture, three forestry, one arable and one dairy. The median price for a lifestyle block decreased to $277,500 in December, from $301,000 in November (December 2009: $280,000), 90 lifestyle blocks sold during the period (November 2010: 82; December 2009: 109). A rush of dairy property transactions in December has helped lift the median farm sale price to the highest level of the year in the latest Real Estate Institute of New Zea- land rural market statistics. The 30 dairy farms sold in December is a huge boost for the rural sector and has brought about a significant improvement in the market, institute spokesman Peter McDonald says. It marks a return to confi- dence in dairying which is more than justified by the positive returns being achieved. From $968,500 at the end of November 2010, the national median farm sale price rose to $1,150,000 for the three months to Decem- ber 2010. This is a 15 percent increase on the median of $1 million for the last three months of 2009. The price per kilogram of milkfat solids averaged $41 in December, up $4 per kg on the November figure, but across the country ranged from $29 per kg up to $63 per kg, says Peter McDonald. In the last three months of 2010 there were 213 farm sales, an increase on the 170 sold in the three months to the end of November, but still down on the 241 sales in the three months to December, 2009. The upturn in sales is due to the banks re-entering the market, says Peter McDonald. However, they are show- ing a strong preference for supporting substantial pur- chasers at the top end of the market. Vendors leaving in finance has also helped make many of the transactions happen. Positive note on home front December s sales and residential property values ebbed from November levels but on a more positive note, both market activity and median prices remained up on figures from earlier in the year, according to statistics released by the Real Estate Institute of New Zealand. The decline in turn- over has followed a fall in listings in December and in the number of houses on the market as a result of good sales in November. The institute says January s figures will provide a better pic- ture of market activity over summer. The latest statistics on recent property value movements across New Zealand, the REINZ report on sales in Decem- ber, indicates district median prices at the end of the year were an aver- age of 2.2 percent down on December, 2009. Nationally the total value of residential sales, including sections, fell to $1.9 billion in December from $2.26 billion in November. The breakdown of the values of the properties sold is 154 for $1 million plus, 517 between $600,000 and $999,999, 1,106 between $400,000 and $599,999 and 2,620 for under $400,000. Licensed: From left, designer Martin O'Brien, builder and Just Right Homes owner Warren Smith and builders Wayne Powrie and Rod Wilkes. Just right for building By March next year all builders will need to be licensed under the Department of Building and Housing if they want to carry out restricted building work. They will have to pro- vide their licence for cer- tain building consents. The team at Just Right Homes, all quali- fied builders, have recently received their building licences, which they say makes them one of the most qualified building outfits around. Visit the website www. justrighthomes.co.nz.
January 19th 2011
February 2nd 2011