localmarket · 2019-04-24 · localmarket eport This report covers your local suburbs of Bishopdale, Bryndwr, Burnside, Casebrook, Northcote and Papanui Brought to you by the team

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]

April 2019

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

2.5%

166

24

Bishopdale

Bishopdale

Bishopdale

Bishopdale

Papanui

Northcote

Casebrook

166

117

48

120

$450,000

$451,500

$374,000

$462,000

2.5%

1.5%

0.0%

-1.5%

24

31

27

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 900 properties listed for

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

time last year. This has impacted sales with 694 taking place over

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

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

has seen its median sales price grow by 2.5%. The median

sales price of a home in Bishopdale is now $450,000. Papanui

saw its median sales price grow by 1.5% with the median price

now sitting at $451,500 and Northcote grew 0.0% across 48

individual sales with a median of $374,000.

The most traded suburb for homes in our area has been

Bishopdale with 166 homes sold over the past 12 months.

Dwelling prices in Bishopdale have performed well with growth of

2.5% 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 Bishopdale to 31 days in Papanui.

Bishopdale

Recent Sales (12 months)

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 200 homes were listed for sale over the past year.

Homes in Bishopdale have an average land size of 609 square

metres.

The suburb is tightly held with residents typically holding their

home for 11 years.

The median value of dwellings in Bishopdale is $456,100. This is

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

Over the past 12 months, buyer interest has lifted with 166

homes sold this year compared to 159 sales last year.

Homes are typically selling within 24 days.

Sales prices have stabilised by 2.5% over the past 12 months. All

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

Bishopdale

166 $450,000 2.5% 24 $75.87m $425 4.8%


Recent Sales (12 months)


Recent Area Sales

Bishopdale

Sale Price Property Type

Sale Date Days on Market

3 1 2 647m2

95 Kendal Avenue, Burnside



2 1 3 658m2

14 Kingrove Street, Bishopdale



4 1 2 796m2

7 Dinglebay Place, Casebrook



5 1 1 976m2

6 Sealy Place, Bryndwr



4 2 3 774m2

12 Alderney Mews, Casebrook



3 1 1 615m2

15 Torquay Place, Bryndwr

$480,000

18/03/19

Dwelling

54

$740,000

20/03/19

Dwelling

304

$670,000

20/03/19

More than on

21

$765,000

21/03/19

Dwelling

22

$410,000

28/03/19

Dwelling

15

$405,000

29/03/19

Dwelling

28

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/

Documents

localmarket · 2019-04-24 · localmarket eport This report covers your local suburbs of Bishopdale, Bryndwr, Burnside, Casebrook, Northcote and Papanui Brought to you by the team