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security system are just a few of the many extras on<br />

offer with this property. There is a separate standalone<br />

spacious office/studio that gives options for<br />

those who require a dedicated work from home space<br />

or alternatively, room for a dependant relative.<br />

a short, easy commute into the city or out to Ro leston.<br />

Karen Hennessy<br />

Mobile: 027 967 0186<br />

karen.hennessy@pggwrightson.co.nz<br />

Week commencing Tuesday, 3Rd ocToBeR 2017<br />

As always, this builder has finished his latest new build to<br />

perfection, incorporating a l the ‘must haves’ and more for<br />

keep cool or warm, as required, at the push of a bu ton with<br />

2 heat pumps.<br />

The home’s practical layout also includes a walk-in linen<br />

room, a substantial separate laundry, a tic storage with<br />

ladder access and last, but certainly not least, hugely sought<br />

after 4 car garaging. From the moment you approach this<br />

www.flemington.co.nz<br />

Mobile: 027 527 8258<br />

Mobile: 027 224 4733<br />

23<br />

Week commencing WeDneSDAY, 23RD mAY 2018<br />

Property Market Update<br />

with Mike Pero Real Estate Lincoln<br />

Lincoln’s Real Estate Overview<br />

In the current market, economists<br />

are predicting further changes to the<br />

Reserve Bank’s OCR (Official Cash<br />

Rate), which will impact mortgage<br />

interest rates and the cost of living. This<br />

presents challenges for both buyers and<br />

sellers. However, a real estate agent who<br />

is experienced in market trends and<br />

knowledgeable about your local area can<br />

help to reduce the stress of the process.<br />

By providing local insights, they can offer<br />

valuable advice and informed support<br />

on pricing, marketing and negotiation<br />

strategies that align with your goals.<br />

Jolene Eagar from Lincoln’s Mike Pero<br />

Real Estate confirms, “One thing remains<br />

the same - the personal stories and<br />

reasons that drive people to buy and sell<br />

their homes. We understand that behind<br />

every transaction, there are unique lives,<br />

dreams, and circumstances at play. It’s<br />

more important than ever to get a local<br />

specialist in your corner.“<br />

Lincoln remains a popular area for<br />

professional couples, downsizers and<br />

families looking for a quieter lifestyle<br />

while living close enough to everything<br />

the city offers. Lincoln also benefits<br />

from being close to Rolleston with its<br />

variety of eateries, retail businesses,<br />

supermarkets and continuing business<br />

growth. With the Median Sales Price in<br />

Lincoln of $870,000 and the median days<br />

to sell of 44 days, homes are selling a bit<br />

slower than a year ago. Jolene advises,<br />

“Lincoln has seen property prices<br />

increase 37% over the past three years<br />

and by -5.4% in the last 12 months. She<br />

also demonstrates the value of Lincoln<br />

properties, stating, “According to the<br />

REINZ data, if you’d bought a home<br />

three years ago in Lincoln, you’d have<br />

paid $635,000 in 2021, while in <strong>2024</strong>, the<br />

same property now costs $870,000. “<br />

Many buyers are still in the process<br />

of selling their properties before they<br />

can purchase their next one. This<br />

means that conditional on-sale offers<br />

are contributing to longer selling<br />

times. Recently, Jolene assisted a seller<br />

whose sale was dependent on selling<br />

four other properties as well. Although<br />

good communication and organisation<br />

were key to completing this settlement,<br />

many sellers are worried that they may<br />

not find a home to buy once they sell.<br />

However, an experienced agent can help<br />

settle on both properties simultaneously<br />

or negotiate special conditions on the<br />

seller’s behalf to get them the best deal<br />

at the right time. Jolene recommends<br />

negotiating an extension of your<br />

settlement period to increase the chances<br />

of achieving simultaneous settlement.<br />

With the proper preparation and<br />

professional advice, buying and selling<br />

in the same market can get you into your<br />

new home without added stress.<br />

<strong>Selwyn</strong> <strong>Times</strong><br />

PUBLiSHeD eVeRY WeDneSDAY<br />

THe BeST PRoPeRTieS AcRoSS<br />

THe SeLWYn DiSTRicT<br />

INSIDE<br />

Brand new ‘show stopper’ with 4 car garaging<br />

EVERY WEDNESDAY inside <strong>Selwyn</strong> <strong>Times</strong><br />

Quality Home, Private Setting, Sought After Location<br />

A large, quality home sited in a private and established<br />

5021m 2 park-like setting in the sought after Claremont<br />

Estate on the boundary of Christchurch City.<br />

The home features four bedrooms (master with<br />

en suite and walk-in robe), open-plan kitchen, dining<br />

and living along with formal dining, lounge and<br />

conservatory. Great indoor outdoor flow to a large<br />

sheltered deck set in sprawling lawns and easy care<br />

gardens with automated watering. Triple car garaging,<br />

security gates, ducted heating, solar energy and<br />

Auction (unless sold prior)<br />

Thursday 19 October, 2pm<br />

411 Blenheim Road<br />

www.pggwre.co.nz/DAR26164<br />

the discerning buyer. Situated on a 1200m 2 section, with<br />

an established backdrop, the substantial 315m 2 floor plan<br />

provides the ultimate in family living options. The sunny &<br />

spacious open plan living room boasts a designer kitchen<br />

with 90cms oven, stone bench tops & a walk in pantry,<br />

together with define dining, living & study spaces that<br />

extend through sliding doors to a large deck & covered ‘al<br />

fresco’ entertaining area.<br />

The formal lounge als opens to the landscaped garden<br />

& has a boxed high stud ceiling with sound speakers. A l 4<br />

bedrooms are fabulously proportioned queen sized rooms,<br />

with the master suite providing the perfect parents’ retreat<br />

featuring an amazing dressing room with fu l wardrobe<br />

system, additional storage & a beautiful tiled ensuite with<br />

double tiled shower, freestanding bath & twin vanities. The<br />

family bathroom is equa ly elegant with a tiled shower &<br />

twin vanities. Cosy up in front of the log burner, keep your<br />

toes warm with the under tile heating in the bathrooms &<br />

DeaDline Sale:<br />

Closing 4pm on Monday<br />

11th June 2018<br />

(unless sold prior)<br />

rwro leston.co.nz/RLL23148<br />

Town & Lifestyle Real Estate Ltd<br />

Licensed (REAA 2008) - West Melton<br />

Sarah Booth<br />

Contact:<br />

Set amongst other quality homes on larger sections,<br />

this property maintains a semi-rural feel whilst being<br />

Contact:<br />

Phone: 03 341 4301<br />

premium property, you wi l appreciate what a privilege it<br />

would be to be able to ca l it ‘home’.<br />

Brendan ‘Big Red’ Shefford<br />

Contact:<br />

Address: 19 Devine Drive, Templeton Open Home: Sunday 8 & 15 October, 1pm - 1.45pm<br />

63 Rossington Drive, West Melton Open Home: Sunday 2.00pm - 2.30pm<br />

Get your messages into homes throughout<br />

the <strong>Selwyn</strong> District.<br />

Delivered to every home & rural letterbox<br />

(also available at selected pick up points).<br />

For full information on placing<br />

your advertising call:<br />

Lynette Evans<br />

Ph 021 222 7831 | email: lynette.evans@starmedia.kiwi<br />

Get the power<br />

of three offices<br />

working for you<br />

Your section hunt<br />

starts here<br />

New Falcon’s Landing sales office open, 17 Branthwaite Drive, Ro leston,<br />

Thursdays, Fridays and Sundays from 1-3pm. Come, visit and share in our vision<br />

for Ro leston. Or ca l us anytime 03 741 <strong>13</strong>40. Email enquiries@yoursection.nz<br />

Ray White Rolleston,<br />

Lincoln & West Melton<br />

Sales - Property Management - Loan Market<br />

Residential - Lifestyle - Commercial<br />

Lincoln - 03 325 7299<br />

Ro leston - 03 347 9988<br />

West Melton - 03 347 9933<br />

Town & Lifestyle Real Estate Ltd<br />

Licensed (REAA 2008)<br />

<strong>Selwyn</strong> <strong>Times</strong> dedicated to getting you outstanding results & making our district a better place to live.

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