Lodge Market Report - December 2015

Published on: 2016-01-28
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Check out the market report for December - number of dwellings sold, total value of sales, median sale price, and much more. Read more

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A change to the residential tenancy law has been introduced which includes requirements on owners to include insulation and smoke alarms in properties. Over the next four years, the new law will require, where necessary, retrofitting of ceiling and underfloor insulation in rental homes. For private rental housing, the requirement applies from 1 July 2019. There will be exemptions; for example, where it is physically impractical to retrofit insulation due to limited space underfloor, or inaccessible,… Read more

Residential Investment Outlook

Published on: 2016-01-21
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General manager Lodge Rentals David Kneebone reflects on 2015 and casts his eyes forward to 2016. This time last year I presented a speech to the Auckland Property Investors Association (APIA), extolling the virtues of investing in the Hamilton residential property market. I touched on three key issues. First, I reflected on Hamilton’s growing demographic of young and well educated people within its population, a key cohort which was creating new employment opportunities across the… Read more

The Crystal Ball - 2016

Published on: 2016-01-20
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The Hamilton residential property market staged a strong recovery during 2015. The number of sales surged almost 60% over 2014 which, coupled with record low number of properties available, caused the median price to soar around 28% between March and the end of the year. The primary drivers of the increase in demand were from three buying sectors. Firstly Auckland property prices skyrocketing caused a wealth effect amongst Auckland property owners. A number of these owners liberated their capital… Read more

Lodge Auction Results - November 2015

Published on: 2015-12-24
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Check out the auction results for November - the number of auction called, how many sold under the hammer, how many sold after, and much more! Read more

Lodge Market Report - November 2015

Published on: 2015-12-14
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Check out the latest market report for November - number of dwellings sold, total value of sales, median sale price and much more. Read more

Lodge Property Report - October 2015

Published on: 2015-11-11
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Find out how many dwellings were sold in Hamilton in October, the total value of sales, median sale price, and much more. Read more

Hamilton House Price Continues to Grow

Published on: 2015-11-10
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Lodge Real Estate’s managing director Jeremy O’Rourke, today said October saw fewer Auckland investors in the Hamilton residential market which affected volumes sold. “Just 375 homes were sold in Hamilton during the month of October, a sharp decrease from 463 sold in September. September was an unusually large month and it was expected that the market would return to a more sustainable number after such an aberration. “However an additional factor contributing to this… Read more

Lodge Property Market Report - October

Published on: 2015-11-06
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Check out the latest property market report for October. Read more

Auction Results - September 2015

Published on: 2015-10-19
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Check out the latest auction results for September - how many were called for the month, how many were sold under the hammer, and much more. Read more

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