Articles posted in category: News

Million dollar home sales reach record numbers in Hamilton city
Published on: 2018-03-14

Million dollar home sales reach record numbers in Hamilton city

Lodge Real Estate’s managing director Jeremy O’Rourke says the number of million dollar homes sold in Hamilton city increased six-fold within the past five years, reaching an all-time high number sold in the city during 2017. He predicts 2018 will be another record-breaker. “In 2013, there were 11 million dollar homes sold within Hamilton city, representing .4% of all home sales. During 2017, that number rose to 76 which was 2.5% of all sales,” says O’Rourke. “At… Read more

Strong start to the year for Hamilton residential property market
Published on: 2018-03-02

Strong start to the year for Hamilton residential property market

Lodge Real Estate’s managing director Jeremy O’Rourke says Hamilton’s residential property market experienced one of the strongest Januaries in recent years. The Real Estate Institute of NZ released its residential property data this morning [note: 15 February] showing there were 156 homes sold in Hamilton during the month. This compares to 141 sold during January 2017, 201 during January 2016 and 185 during January 2015. “With the exception of 2016, this January has… Read more

Buyers and sellers get active in Hamilton housing market
Published on: 2017-12-16

Buyers and sellers get active in Hamilton housing market

Lodge Real Estate’s managing director Jeremy O’Rourke says during November Hamilton’s residential property market became more active after a slower than normal spring. “The word to describe November is: lubrication. Some grease has been put on the wheels of the market which were a bit slow moving in the spring and both buyers and sellers in Hamilton are out in force,” says O’Rourke. The Real Estate Institute of NZ released its residential property data this… Read more

Proposed Government restrictions on foreign buyers unlikely to impact Hamilton housing market
Published on: 2017-11-21

Proposed Government restrictions on foreign buyers unlikely to impact Hamilton housing market

Lodge Real Estate’s managing director Jeremy O’Rourke says the Labour-led Government’s proposed move to stop overseas buyers from purchasing existing homes in New Zealand is unlikely to affect the Hamilton housing market if it goes ahead. “We rarely see foreign-based buyers looking to buy up residential homes in Hamilton. The foreign factor is something that’s primarily affecting the Auckland housing market with overseas buyers snapping up investment properties to… Read more

Work and live under threat
Published on: 2017-08-09

Work and live under threat

A new Bill,The Residential Tenancies Amendment Bill (No 2) which is currently before parliamentary select committee, will affect commercial property owners if the commercial property is used as a residence. The Bill is aimed at three areas of change although only one we anticipate will have an effect on commercial property owners. The first area of change allows for landlords to better manage methamphetamine contamination by providing easier access for the testing of meth and the ability to… Read more

GOVERNMENT FUNDING TO EASE HAMILTON’S PRESSURED HOUSING MARKET
Published on: 2017-07-11

GOVERNMENT FUNDING TO EASE HAMILTON’S PRESSURED HOUSING MARKET

Lodge Real Estate Managing Director Jeremy O’Rourke welcomed the Government’s announcement this morning that Hamilton City will receive a $272 million loan as part of the Government’s Housing Infrastructure Fund. “This is great news for Hamilton City residents as it means they can build new homes inside the city boundaries close to where they work and close to schools, amenities, shops and urban recreational areas, which we know is often important to families,” said… Read more

Housing issues impacting on family violence victims – Waikato Women’s Refuge
Published on: 2017-07-11

Housing issues impacting on family violence victims – Waikato Women’s Refuge

A shortage of rental housing in Hamilton is impacting on the ability of Waikato Women’s Refuge to continue helping victims of family violence. Waikato Women’s Refuge Co-Founder and CEO Ruahine Albert QSM says the impact of a tight rental market in Hamilton is now being felt. Ms Albert says so many people are trying to rent houses in Hamilton that women and children who are ready to move on from the refuge safe houses and set up home are unable to do so. She estimates it’s… Read more

Spotlight on Hamilton Businesses - Tristram Marine
Published on: 2017-06-16

Spotlight on Hamilton Businesses - Tristram Marine

Tristram Marine is a recognized industry leader in the Premium Offshore Trailer Boats manufacturing industry. Established in 1987 by Hamiltonians Lance and Bronwyn Fink, the company has thrived by following the philosophy of ‘perfection with passion’. Tristram Marine has not only won multiple awards for a range of impressive and practical designs, but hasalso been awarded the title of WaikatoBusiness of theYearin conjunction with placement in theprestigious Deloitte Fast50. Tristram… Read more

Spotlight on Hamilton Businesses - Prolife Foods Ltd
Published on: 2017-05-31

Spotlight on Hamilton Businesses - Prolife Foods Ltd

Giants of the NZ food industry, Prolife Foods Ltd hail proudly from Te Rapa in Hamilton. Providing both New Zealand, Australia and increasingly international markets with a product range which consists of nuts, dried fruit, muesli bars, confectionary and most baking products and breakfast essentials, Prolife Foods have become well known and respected for their “obsessive service.” Founders Bernard and Kaye Crosby have nurtured the business to become the successful, reliable source… Read more

Market ‘surprises’ unlikely to occur in 2017 Hamilton property market
Published on: 2017-05-17

Market ‘surprises’ unlikely to occur in 2017 Hamilton property market

Lodge Real Estate’s managing director Jeremy O’Rourke says the release of April housing statistics shows Hamilton’s residential property market is trending normally at the start of 2017. “We’ve been waiting until April property statistics were released by the Real Estate Institute of New Zealand to see how Hamilton’s residential property market is behaving alongside historical trends. “With statistics out on Friday (12 May) it is now apparent that this… Read more

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