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