A long and pleasant summer has been and gone and another financial year is complete.
The Whangarei real estate market has experienced a number of record months particularly with the median sale price on a gradual climb over the past year. The city median peaked at $482,000 in February 2019, up from $405,000 in February 2018.
First home buyers are a big part of our market. Most are looking in the $350,000 to $400,000 bracket to meet the Kiwisaver/Homestart threshold but many have resources to buy in the higher price brackets.
The Anti Money Laundering (AML) legislation is creating some extra paperwork and we have put systems in place to ensure our clients have met their obligations under the Act without any undue stress. It takes a bit of time but will become a normal part of the sales process. We have all this information available and our sales people are happy to take you through the process. So call the EVES team today.
Whangarei has enjoyed a wonderful summer and projects like the Hundertwasser Art Centre are well underway, creating a vibrant inner city and an attraction that will bring more visitors to experience the local environment. And there are dozens of world class beaches and holiday destinations within the district This is a great area to live - the real estate is affordable, and there is plenty going on to attract new people to the area.