Weekly report

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