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Nor'West News: October 14, 2021

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12 Thursday <strong>October</strong> <strong>14</strong> <strong>2021</strong><br />

Latest Canterbury news at starnews.co.nz<br />

First<br />

Home<br />

We are constantly reminded<br />

of the uphill nature of the<br />

challenges for first-home<br />

buyers. Browse any newspaper<br />

or Stuff headlines any weekend<br />

and you’ll be familiar with the<br />

narrative. I’ve just seen reports<br />

that first-home buyer interest<br />

in Christchurch property rose 18<br />

per cent following the first week<br />

of our local lockdown<br />

(The Press, Sept 18, <strong>2021</strong>).<br />

Deposits that can require years of saving,<br />

emptying out of KiwiSaver accounts and<br />

a real adjustment of what’s affordable<br />

versus what’s aspirational are a significant<br />

part of the story.<br />

That first home purchase is hard, it’s true,<br />

but it’s also extremely sweet and I was<br />

reminded of this recently when I witnessed<br />

young families walking together, children<br />

in tow, heading down to the local school.<br />

They were travelling along the street<br />

where I grew up and I use the word ‘travel’<br />

figuratively because what occurred to me<br />

They were proud as punch that they had<br />

secured a home in the newly developed<br />

suburb of Bishopdale and only a mere<br />

100 metres from Cotswold School, where<br />

I think we were founding students. It was a<br />

busy, bustling neighbourhood of working<br />

dads and mostly stay-at-home mums.<br />

Biscuit tins were full and Sunday was the<br />

family roast day. So many memories, and<br />

now I’m wondering, would these new<br />

families stay for long in the area, do they<br />

love the school, would their kids befriend<br />

all the locals as we did and play at the<br />

nearby parks till almost dark?! I hope so.<br />

On a recent auction day, I watched<br />

young couples battle for the keys to<br />

new properties and I noticed two very<br />

significant things.<br />

The prices had gone up considerably since<br />

this time last year. Homes that once would<br />

have been up to the $550,000 mark were<br />

now due to auction touching $700,000<br />

and in some cases more.<br />

I can’t help but wonder who can afford this.<br />

And secondly, parents, beautiful parents<br />

NOR’WEST NEWS<br />

REAL ESTATE<br />

An unparalleled lifestyle in magical Moncks Bay<br />

242<br />

71<br />

Main<br />

Westlake<br />

Road, Redcliffs<br />

Drive, Halswell<br />

- “As-Is, Where-Is”<br />

4 2 2 2 2 www.harcourtsgold.co.nz | Listing #PI72325<br />

Auction: Thursday, <strong>14</strong> March 2019 Unless Sold Prior<br />

Work & Entertain<br />

From Home<br />

4 bedrooms | 2 bathrooms | 3 living rooms | 1 office/study | 2 car-garage | 2 off-street parks | Listing Number SM0166<br />

Treasured by two generations and offering Moncks Bay incorporating from Shag Rock<br />

a truly once in a lifetime opportunity, this and right along the Pegasus Bay coastline.<br />

tantalizing After home many happy upon years a 2853m2 it is time section for the This property can potentially be subdivided<br />

which furthers your options and adds<br />

enjoys vendor an overwhelming to down size. tranquil setting and<br />

is presented She has to now the found, market fallen on in an love uninsured & committed another element of interest for buyers.<br />

“as-is, where-is” to the next basis. property and can only purchase it Ensconced in a private lane that sits across<br />

Situated by obtaining the tightly a sale held at auction. locale of magical from the waterfront, this property is also<br />

Moncks Bay, this property makes a memorable positioned to enjoy the area’s celebrated<br />

first impression Fully renovated, and was solid constructed brick home in is the ready microclimate and is located within easy reach<br />

1960s to but rock has your naturally summer received entertaining extensive with of the beaches, boating facilities, Barnett<br />

modern fabulous enhancements indoor and including outdoor living a Bruce spaces. Park and the amenities in both Redcliffs and<br />

Banbury The architectural generous 4-bedroom renovation residence in 2004. caters to Sumner.<br />

Resort-style families with serenity a covered is provided entertainment by the area With floors needing repiling and being sold<br />

colourful<br />

that<br />

Clivias<br />

has a built-in<br />

as well<br />

TV and<br />

as the<br />

café<br />

established<br />

style roll-down uninsured, deemed uneconomical to repair,<br />

greenery<br />

blinds.<br />

and<br />

Spread<br />

palms<br />

out<br />

trees<br />

in the<br />

that<br />

huge<br />

border<br />

lounge or<br />

the<br />

plan this unique “as-is, where-is” opportunity is a<br />

dinner parties in the chic kitchen/dining area.<br />

swimming and spa pool, with the outstanding real game changer with the feel good factor<br />

The main bedroom has an ensuite plus walkin<br />

wardrobe and the 4th bedroom doubles as<br />

views and majestic cliff face backdrop only and is guaranteed to attract attention. Your<br />

escalating the property’s visual appeal. earliest viewing is advised.<br />

an office with own entry and reception.<br />

Spacious living areas are complemented Open Homes: Wednesdays, Saturdays<br />

by the Located sizeable in Kwila a picturesque, deck, water leafy feature area, the and Sundays 1:00pm - 1:45pm.<br />

and idyllic property alfresco is 4 minutes’ surroundings drive to the which Halswell See you at the open homes or for a private<br />

have previously Shopping hosted Centre a and wedding New and World could with viewing or for more information contact<br />

The Old Vicarage and Bicycle Thief.<br />

Auction<br />

continue beautiful to the parks scene and of walking many memorable<br />

spots nearby – Alison Carter of Harcourts Grenadier<br />

Thursday 21st <strong>October</strong> <strong>2021</strong><br />

occasions. the Halswell Domain, Westlake Reserve and Ferrymead/Sumner Feed your soul – in, (Licensed not just a Agent home, REAA but a<br />

from 10:00am (won’t be sold Prior)<br />

Skylights, the Halswell the superb Quarry. Come use of weekends, timber, close a<br />

2008) on 384 7950 or mobile 0274 318 960.<br />

beautiful lifestyle close to the CBD.<br />

Gold Auction Rooms, 471 Papanui Road<br />

contemporary to popular colour restaurants scheme and cafes and including the<br />

Viewings<br />

magnificent stone fireplaces create an<br />

Saturday & Sunday 12:00pm - 12:30pm<br />

incredibly inviting ambience indoors where<br />

you’ll find four double bedrooms, two<br />

bathrooms and a relaxing sunroom area that<br />

was that my own mum and dad had done<br />

comes complete with a spa bath.<br />

just the same with us some 54 years prior.<br />

With an expansive lawn area and the<br />

picturesque garden at the rear of the property<br />

both epitomise peace and privacy and offer<br />

access up to the top of the section where<br />

you can sit and admire the ocean vistas over<br />

Richard Burt<br />

Licensed Sales Consultant REAA 2008<br />

Harcourts Papanui<br />

021 773 187<br />

richard.burt@harcourts.co.nz<br />

were standing by their children, helping<br />

them to achieve that Kiwi dream.<br />

Whilst I started this article with a nod to<br />

the past, I’d like to finish with a look at the<br />

future. Get on the property ladder if you<br />

can, create memories, make new friends,<br />

enrich your communities and then<br />

trust the property processes of pride of<br />

ownership and potential capital growth.<br />

Believe me when I say, I know it will be<br />

worthwhile.<br />

“Life is a vigorous university, you<br />

need your wits about you. You are<br />

the commander of your own soul,<br />

the captain of your ship. You better<br />

know where you are going and what's<br />

going on” – Serena Crawford<br />

Lynette McFadden<br />

Harcourts gold Business Owner<br />

027 432 0447<br />

lynette.mcfadden@harcourtsgold.co.nz<br />

AUCTION STATS | SEPTEMBER <strong>2021</strong><br />

57<br />

AUCTIONS FOR<br />

THE MONTH<br />

18%<br />

SOLD<br />

PRE-AUCTION<br />

77%<br />

SOLD AT AUCTION<br />

$<br />

95%<br />

SOLD<br />

IN TOTAL<br />

FOR THE MONTH<br />

491<br />

AUCTIONS<br />

YEAR TO DATE<br />

96%<br />

SOLD<br />

IN TOTAL<br />

YEAR TO DATE<br />

PAPANUI 352 6166 | INTERNATIONAL DIVISION (+64) 3 662 9811 | REDWOOD 352 0352<br />

PARKLANDS 383 0406 | NEW BRIGHTON 382 0043 | GOLD PROPERTY MANAGEMENT 352 6454<br />

GOLD REAL ESTATE GROUP LTD LICENSED AGENT REAA 2008 A MEMBER OF THE HARCOURTS GROUP<br />

www.harcourtsgold.co.nz

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