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local market Your local property report This report covers your local suburbs of Bishopdale, Bryndwr, Burnside, Casebrook, Northcote and Papanui Brought to you by the team at Harveys Bishopdale p q ph. 03 359 5595 f. 03 359 5609 e f [email protected] May 2019

localmarket - HarveysSale Date Days on Market 4 2 2 635m2 1/53 Ambleside Drive, Burnside Sale Price Property Type Sale Date Days on Market 2 1 3 658m 2 14 Kingrove Street, Bishopdale

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Page 1: localmarket - HarveysSale Date Days on Market 4 2 2 635m2 1/53 Ambleside Drive, Burnside Sale Price Property Type Sale Date Days on Market 2 1 3 658m 2 14 Kingrove Street, Bishopdale

localmarketYour local property reportThis report covers your local suburbs of Bishopdale, Bryndwr, Burnside, Casebrook,

Northcote and Papanui

Brought to you by the team at Harveys Bishopdale

pq ph. 03 359 5595 f. 03 359 5609 ef [email protected]

May 2019

Page 2: localmarket - HarveysSale Date Days on Market 4 2 2 635m2 1/53 Ambleside Drive, Burnside Sale Price Property Type Sale Date Days on Market 2 1 3 658m 2 14 Kingrove Street, Bishopdale

SOLD

Strongest growth 12 months

SOLD

Most traded properties

Fastest sellers days

What’s happening in our local property market

Suburb performance

SOLD

Number sold (12 months) Median Price

Median Growth 12 months Median Days on Market

localmarketYour local property report

2.7%

168

24

Papanui

Bishopdale

Casebrook

Papanui

Northcote

Bishopdale

Burnside

118

52

168

151

$457,000

$381,500

$450,000

$512,000

2.7%

2.6%

1.4%

0.8%

29

27

25

27

At Harveys Bishopdale 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.

Across our local market, we have seen 907 properties listed for

sale, over the past 12 months, which is higher than the same

time last year. This has impacted sales with 701 taking place over

the past 12 months. Looking at the market, the best performing

suburb, over the past 12 months, has been Papanui which has

seen its median sales price grow by 2.7%. The median sales

price of a home in Papanui is now $457,000. Northcote saw its

median sales price grow by 2.6% with the median price now

sitting at $381,500 and Bishopdale grew 1.4% across 168

individual sales with a median of $450,000.

The most traded suburb for homes in our area has been

Bishopdale with 168 homes sold over the past 12 months.

Dwelling prices in Bishopdale have remained relatively stable with

growth of 1.4% and now have a median price of $450,000.

The time it takes to sell a home in our region ranges from 24 days

in Casebrook to 29 days in Papanui.

Bishopdale

Recent Sales (12 months)

Page 3: localmarket - HarveysSale Date Days on Market 4 2 2 635m2 1/53 Ambleside Drive, Burnside Sale Price Property Type Sale Date Days on Market 2 1 3 658m 2 14 Kingrove Street, Bishopdale

Number of properties listed for sale

Number of properties sold

Median change in sales price (%)

Median sales price over 5 years

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

This month it’s all aboutBishopdale

Sales and Listings – Bishopdale Prices and change – Bishopdale

Snapshot on Bishopdale

One of the most popular suburbs in our region is Bishopdale

where 207 homes were listed for sale over the past year.

Homes in Bishopdale have an average land size of 611 square

metres.

The suburb is tightly held with residents typically holding their

home for 11 years.

The median value of dwellings in Bishopdale is $460,100. This is

higher than the median sales price which is currently $450,000.

Over the past 12 months, buyer interest has lifted with 168

homes sold this year compared to 161 sales last year.

Homes are typically selling within 25 days.

Sales prices have stabilised by 1.4% over the past 12 months. All

of this means it is now a great time to sell in Bishopdale.

Bishopdale

168 $450,000 1.4% 25 $76.71m $422 4.8%

localmarketYour local property report

Recent Sales (12 months)

Page 4: localmarket - HarveysSale Date Days on Market 4 2 2 635m2 1/53 Ambleside Drive, Burnside Sale Price Property Type Sale Date Days on Market 2 1 3 658m 2 14 Kingrove Street, Bishopdale

localmarketYour local property report

Recent Area Sales

Bishopdale

Sale Price Property Type

Sale Date Days on Market

3 1 2 647m2

95 Kendal Avenue, Burnside

Sale Price Property Type

Sale Date Days on Market

4 2 2 635m2

1/53 Ambleside Drive, Burnside

Sale Price Property Type

Sale Date Days on Market

2 1 3 658m2

14 Kingrove Street, Bishopdale

Sale Price Property Type

Sale Date Days on Market

3 1 2 0m2

2/8 Galway Avenue, Bryndwr

Sale Price Property Type

Sale Date Days on Market

3 1 2 640m2

44 Flower Street, Bryndwr

Sale Price Property Type

Sale Date Days on Market

3 1 2 921m2

71 Brookside Terrace, Bryndwr

$421,000

22/03/19

Dwelling

28

$438,000

22/03/19

Dwelling

40

$560,000

22/03/19

UNIT

NA

$410,000

28/03/19

Dwelling

15

$375,000

29/03/19

UNIT

60

$405,000

29/03/19

Dwelling

28

Page 5: localmarket - HarveysSale Date Days on Market 4 2 2 635m2 1/53 Ambleside Drive, Burnside Sale Price Property Type Sale Date Days on Market 2 1 3 658m 2 14 Kingrove Street, Bishopdale

Bringing people and property together.

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

Licensed REAA 2008

www.harveys.co.nz

Need local advice?

We’ve been your neighbours for over 100 years.

Contact Harveys for a local market appraisal today.

Harveys Bishopdale

Topp Realtors Ltd

Licensed REAA 2008

ph. 03 359 5595 f. 03 359 5609

[email protected]

harveys.co.nz/offices/bishopdale/