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Weekly report

By on April 1, 2019

Welcome to this week’s property update.

I have been asked a number of questions in the last few weeks about where I see the market at present. Supply is at a six month high right now so there is more stock for buyers to consider – the heat in the market that we saw late last year has cooled somewhat. If you are looking to buy, now is a good time to test out the vendors expectations with offers. Properties are still moving though – here at Ray White, we are experiencing one of the strongest months in recent times.
I played golf with a gentleman this week who had recently purchased a new property here in Wanaka. His mindset was that he had purchased well, but not over the top. I thought it was spot-on as I know the owner and thought that it was a realistic price that they received.
If you would like to discuss properties with me please feel free to call and I will provide as much information as I can so that you can make a solid judgement call. Often purchasers forget about options like home and income or Airbnb revenue streams.
No auctions for today, but we did view five new properties this week:
  • First up was 2 Parkview Street – This is a stunning Condon Scott designed four bedroom home, set on parklike surrounds in Heritage Park. If you were wanting a quality home and with an open feel (no fences in this development) this is a cracker. (Featured image)
  • 5 Eden Close is up next, a large and private well built family home or holiday home in Meadowstone. Very well maintained, large bedrooms and plenty of living area.
  • 23 Kereru Crescent is a new section that boasts great northwestern views up to Treble Cone. A very nice elevated section in Kirimoko.
  • 3 Bargour Street in upper Northlake is a brand new four-bed home; this will be good buying for a tidy family home or perfect holiday lock up.
  • We headed out to Lake Hawea for our final property at 2 Little Maude Drive. This is perfect family living, 3 bedroom home with a great fenced back yard and outdoor entertaining area.
If you are out and about or up for the weekend I have seven open homes tomorrow starting from 10am feel free to call or supply me some lunch!
Have a great weekend,

Mitch

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MITCH CAMPBELL

mitch campbell

Welcome to my property hub, a place designed to showcase the very best of premium property in Central Otago and provide you with everything you need to ensure that your journey of buying or selling in this beautiful region is as smooth as possible.

I wanted to create a platform to share insights and knowledge on everything property-based from the Wanaka region, but also feature outstanding design products, interviews with industry locals, interesting architectural work and new trends to help inspire you with your own plans.

If you're looking at either buying or selling in the Wanaka region, please get in touch and let me help you achieve those goals.

Email mitch.campbell@raywhite.com
Phone number: 021 2424 280