Manukau's Latest Property Report
Is it just me or is this year flying by as fast as the last?! Here we are in April, I leave on my first holiday in 4 years to Spain which is quite exciting. My flight is at 4am (yes, 4am!) on the 4th June and I return on the 4th July ready to get back to business. It will be nice to leave the NZ winter however I don't know how I will cope with the heat in Spain but I can't complain! Of course, being a dedicated sales agent, I will be checking my emails during my holiday so if you need anything or have any real estate questions for me, please feel free to drop me a line, it's always great to hear from you. Now, let's get stuck into the market...
Latest statistics from QV report a 15.8% increase (compared with this time last year) in value across the board in Manukau. This report also gives the information on all Auckland suburbs.North West Manukau saw the highest year on year increase with values up 17.2% and 3.7% and other South Auckland suburbs also saw the largest increases in the past three months including Papakura, up 4.5%, Franklin up 4.4% and Manukau Central up 4.1%.QV Valuer Bruce Wiggins said, “The big thing in Auckland at the moment is land. We’re starting to see people invest money into attaining land where high density or development potential exists ahead of the implementation of the city’s new unitary plan.”
Did you know? According to Juwai.com (China's largest property search engine) interest in New Zealand property has increased by 89% compared with this time last year, making NZ number 9 on the list. Most searched for countries:
- United States
- United Kingdom
- New Zealand