This Week's Lifestyle Properties and Open Homes

We’ve been seeing more consistent messages around declining interest rates, buyer confidence and a predicted economic turnaround.  The activity in the market seems to support that, and residential continues to show positive results.  Why do I always reference residential? They tend to be the canary in the mine or the early green shoots as to how the market performs.  Lifestyle tends to follow along slowly after residential hits its stride and is generally due to that part of the market being comfortable and transacting consistently, which gives people looking to upsize confidence their residential property will sell and people coming off larger rural properties confidence their off-farm investment will hold water.  Either way, it’s a good sign that part of the market has consistently performed well over the last several weeks/month plus.  With Spring around the corner, we are likely to see more action stirring as vendors who have been on the market over winter look to achieve the result that enables them to move along with their next plans before the year's end.  While the market seems to be on the return, it’s feeling like a great time to consider that lifestyle purchase before prices start to rebound positively once again.

This Week's New Listing!

540 Lawn Road, Clive - 3.1 hectares of opportunity in a fantastic Clive location and right doorstep to a huge array of amenities. This property provides you with a sound four bedroom home and a one bedroom cottage for AirBnB or extra family. Shedding, hard stand, grazing and a small informal ground lease. Private, sheltered and immaculately presented, come and explore the opportunities here! For Sale by Tender closing 4.00 pm Thursday 22nd August 2024. See you at the first open home this Sunday!

Under Contract

Lot 3 Avery Road, Bay View
1223 Jellicoe Street, Hastings

Enjoy a lovely (sunny?) rain-free weekend, hopefully as glorious as it is today in Hawke's Bay! Pop in and say hello at any of our open homes - we would love to see you.