10 months ago

Bay Harbour: May 18, 2016

Bay Harbour: May 18,

FREE Wednesday May 18 2016 379 7100 Bay Harbour News Proudly locally owned and published by Star Media Brookhaven, Heathcote, Ferrymead ,Redcliffs, Mt. Pleasant, Sumner, Lyttelton, Diamond Harbour, Governors Bay, Akaroa Black Billed Gull Deb Beesley Your local hills and Bayside specialist. You’ll be sold! M: 027 280 8837 E: deb.beesley LICENSED SALES CONSULTANT REAA 2008 GRENADIER FOR SALE: This four-bedroom home in Mandalay Lane, Redcliffs, is open to inquiries of more than $990,000. VIEW: The median value of houses in Redcliffs has jumped 4.7 per cent from the same time last year. This Moncks Spur Rd home has an asking price of $655,000. Redcliffs house values rise BRIDGET RUTHERFORD House values in Redcliffs have jumped nearly five per cent compared to the same time last year. New data from property information, analytic and service provider, CoreLogic, show the seaside suburb’s median value price rose 4.7 per cent between May 1 last year and the same time this year. Its median value price jumped from $706,500, to $739,800. That change brought Redcliffs up alongside neighbouring Moncks Bay, which sits at $740,350. Moncks Bay has not shifted over the past year. Clifton still sits at the top of the list in spite of a smaller 1.7 per cent rise, bringing it’s median value up to $828,400. The CoreLogic statistics measured the change in median value of all properties in each suburb. That way it ensured all properties were included, not just those that were being sold. CoreLogic senior research analyst Nick Goodall said Redcliffs saw most of its growth in the middle of last year, after losing a bit of value in 2014. Meanwhile, Moncks Bay had been “relatively flat” for the past 18 months, he said. Median value prices for Mt Pleasant are now at $688,400, up 1.6 per cent, and Sumner was up 1.2 per cent to $624,650. At the other end of the scale, Governors Bay dropped by 1.4 per cent, from $654,950 this time last year, to $645,850. Mr Goodall said the bay had seen large increases in median value, followed by large decreases over the past two and a half years. In Banks Peninsula, Akaroa moved up from $566,450 last year, to $590,450, while Duvauchelle rose 1.4 per cent to $458,800. Lyttelton rose to $465,200, up 2.6 per cent from last year. Median value on May 1 2016, per cent change from May 1 2015 Redcliffs: $739,800 +4.7 per cent Akaroa: $590,450 +4.2 per cent Lyttelton: $465,200 +2.6 per cent Diamond Harbour: $482,250 +2.1 per cent Clifton: $828,400 +1.7 per cent Mt Pleasant: $688,400 +1.6 per cent Heathcote Valley: $487,900 +1.6 per cent Duvauchelle: $458,800 +1.4 per cent Sumner: $624,650 +1.2 per cent Charteris Bay: $588,850 +0.2 per cent Moncks Bay: $740,350, no shift Governors Bay: $645,850 -1.4 per cent INSIDE: • Chef’s mission to feed hungry kids, p6-7 • Sport, p22 & p25 Now delivering between Cass Bay and Purau 5 days a week FREE LYT. HARBOUR DELIVERY For orders over $25 ($5 fee for orders under $25) You can choose anything from our selection of freshly baked savoury and sweet items, from family sized quiches and sweet tarts through party platters to individual cakes. Open weekdays from 7.30am Holy Smoke building 650 Ferry Road, Woolston. Ph. 376 4482.