eport - lj hooker...eport cambridge july 2019 this report covers your local suburbs of cambridge,...
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Your local property report
Cambridge
July
2019
This report covers your local suburbs of Cambridge, Kihikihi, Leamington, Ohaupo, Pirongia and Te Awamutu.
Brought to you by the team at LJ Hooker Cambridge
pq ph. 07 827 7188 f. 07 827 7062 ef [email protected] wx cambridge.ljhooker.co.nz/
SOLD
Strongest growth 12 months
SOLD
Most traded properties
Fastest sellers days
What’s happening in our local property market
SOLD
Number sold (12 months) Median Price
Median Growth 12 months Median Days on Market
Suburb performance
Your local property report
Across our local market, we have seen 1,133 properties listed
for sale, over the past 12 months, which is higher than the
same time last year. This has impacted sales with 1,021 taking
place over the past 12 months. Looking at the market, the
best performing suburb, over the past 12 months, has been
Kihikihi which has seen its median sales price grow by 13.5%.
The median sales price of a home in Kihikihi is now $429,000.
Ohaupo saw its median sales price grow by 13.3% with the
median price now sitting at $518,000 and Pirongia grew 12.6%
across 19 individual sales with a median of $542,555.
The most traded suburb for homes in our area has been Te
Awamutu with 331 homes sold over the past 12 months.
Dwelling prices in Te Awamutu have performed well with growth
of 4.7% and now have a median price of $465,000.
The time it takes to sell a home in our region ranges from 16 days
in Ohaupo to 30 days in Pirongia.
At LJ Hooker Cambridge our goal is to provide you with the information you need to make confident decisions about
property - whether you are buying, selling, investing or renting. We have created this report which details local market
conditions and how property is performing in your area which at times can be very different to the combined performance
of the capital cities. Let us help you stay on top of changes in your local property market every month.
13.5%
331
16
Kihikihi
Te Awamutu
Ohaupo
Kihikihi
Ohaupo
Pirongia
Leamington
56
12
19
286
$429,000
$518,000
$542,555
$593,000
13.5%
13.3%
12.6%
5.4%
25
16
30
23
Cambridge
Recent Sales (12 months)
SOLD
Number of Properties Sold
Median Sale Price
Average Change in Median Price
Average Days on Market
Total Value of Sales
Median Asking Rent
Indicative Gross Rental Yield
Number of properties listed for sale
Number of properties sold
Median change in sales price (%)
Median sales price over 5 years
Recent Sales (12 months)
Your local property report
This month it’s all aboutTe Awamutu
One of the most popular suburbs in our region is Te Awamutu
where 398 homes were listed for sale over the past year.
Homes in Te Awamutu have an average land size of 806 square
metres.
The suburb is tightly held with residents typically holding their
home for 7 years.
The median value of dwellings in Te Awamutu is $500,000.
This is higher than the median sales price which is currently
$465,000.
Over the past 12 months, buyer interest has eased with 331
homes sold this year compared to 341 sales last year.
Homes are typically selling within 24 days.
Sales prices have stabilised by 4.7% over the past 12 months.
All of this means it is now a great time to sell in Te Awamutu.
Sales and Listings – Te Awamutu Prices and change – Te Awamutu
Snapshot on Te Awamutu
Cambridge
331 $465,000 4.7% 24 $155.93m $400 4.2%
Recent Area Sales
Your local property report
3 1 1 550m2
48A Raeburne Street, Te Awamutu
Sale Price Property Type
Sale Date Days on Market
3 1 1 809m2
86 Grey Street, Cambridge
Sale Price Property Type
Sale Date Days on Market
3 1 1 1012m2
837 Te Rahu Road, Te Awamutu
Sale Price Property Type
Sale Date Days on Market
2 1 1 0m2
2/332 Teasdale Street, Te Awamutu
Sale Price Property Type
Sale Date Days on Market
4 1 2 514m2
11 Lewis Way, Cambridge
Sale Price Property Type
Sale Date Days on Market
3 1 2 530m2
6A Elizabeth Street, Cambridge
Sale Price Property Type
Sale Date Days on Market
Cambridge
$655,000
24/06/19
Dwelling
NA
$790,000
25/06/19
Dwelling
111
$530,000
26/06/19
UNIT
NA
$450,000
27/06/19
Dwelling
77
$570,000
27/06/19
Dwelling
16
$310,000
08/07/19
Dwelling
249
Data for this report is provided by CoreLogic RP Data. In compiling this publication, CoreLogic has relied upon information supplied by a number of external sources.
CoreLogic does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained
by subscribers, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in this publication
through any cause whatsoever and limits any liability it may have to the amount paid to CoreLogic for the supply of such information. This data is provided as general
information only and is not intended as financial advice. For our complete terms and conditions of use, go to www.corelogic.co.nz
LJ Hooker Cambridge
Treetown Real Estate Ltd
Licensed REAA 2008
ph. 07 827 7188 f. 07 827 7062
cambridge.ljhooker.co.nz/