eport - real estate nzeport masterton july 2019 this report covers your local suburbs of...
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Your local property report
Masterton
July
2019
This report covers your local suburbs of Castlepoint, Kuripuni, Lansdowne, Masterton, Mataikona, Riversdale Beach, Solway and Tinui.
Brought to you by the team at LJ Hooker Masterton
pq ph. 06 378 8666 f. 06 378 2139 ef [email protected] wx masterton.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 543 properties listed for
sale, over the past 12 months, which is higher than the same
time last year. This has impacted sales with 488 taking place over
the past 12 months. Looking at the market, the best performing
suburb, over the past 12 months, has been Riversdale Beach
which has seen its median sales price grow by 27.3%. The
median sales price of a home in Riversdale Beach is now
$537,000. Lansdowne saw its median sales price grow by 19.4%
with the median price now sitting at $375,000 and Kuripuni grew
19.3% across 47 individual sales with a median of $334,000.
The most traded suburb for homes in our area has been
Masterton with 197 homes sold over the past 12 months.
Dwelling prices in Masterton have performed strongly with growth
of 15.1% and now have a median price of $344,000.
The time it takes to sell a home in our region ranges from 20 days
in Kuripuni to 32 days in Riversdale Beach.
At LJ Hooker Masterton 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.
27.3%
197
20
Riversdale Beach
Masterton
Kuripuni
Riversdale Beach
Lansdowne
Kuripuni
Solway
19
124
47
101
$537,000
$375,000
$334,000
$356,600
27.3%
19.4%
19.3%
16.9%
32
23
20
20
Masterton
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 aboutMasterton
One of the most popular suburbs in our region is Masterton
where 223 homes were listed for sale over the past year.
Homes in Masterton have an average land size of 833 square
metres.
The suburb is tightly held with residents typically holding their
home for 10 years.
The median value of dwellings in Masterton is $360,800. This is
higher than the median sales price which is currently $344,000.
Over the past 12 months, buyer interest has eased with 197
homes sold this year compared to 271 sales last year.
Homes are typically selling within 22 days.
Sales prices have grown by 15.1% over the past 12 months. All
of this means it is now a great time to sell in Masterton.
Sales and Listings – Masterton Prices and change – Masterton
Snapshot on Masterton
Masterton
197 $344,000 15.1% 22 $71.45m $350 5.0%
Recent Area Sales
Your local property report
3 1 0 942m2
3 Gort Place, Lansdowne
Sale Price Property Type
Sale Date Days on Market
3 1 2 870m2
10 Tait Place, Carterton
Sale Price Property Type
Sale Date Days on Market
3 2 2 1702m2
9 Coralie Place, Lansdowne
Sale Price Property Type
Sale Date Days on Market
4 1 1 809m2
2 Lett Street, Lansdowne
Sale Price Property Type
Sale Date Days on Market
3 1 2 973m2
4 Derby Street, Solway
Sale Price Property Type
Sale Date Days on Market
3 1 1 1126m2
54 River Road, Masterton
Sale Price Property Type
Sale Date Days on Market
Masterton
$250,000
26/06/19
Dwelling
15
$362,000
28/06/19
Dwelling
12
$350,000
28/06/19
Dwelling
43
$270,000
28/06/19
Dwelling
NA
$365,000
29/06/19
Dwelling
33
Undisclosed
11/07/19
Vacant
8
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 Masterton
McHattie Realty Ltd
Licensed REAA 2008
ph. 06 378 8666 f. 06 378 2139
masterton.ljhooker.co.nz/