Sue Hall

"My reputation is your guarantee"

"Sue Hall recently acted for me with respect to the sale of one of my properties and she had also previously acted for me with the sale of another property. I must say that it has been a pleasure to deal with Sue. She is courteous, efficient, very direct and business like with her statements and communicates regularly. As a busy..."

- John

"Great company, great resources and great people. Sue has managed to sell our house within only the two month period we agreed upon. The sale became unconditional within seven days and Sue managed to keep our lovely tenant in place, as we had promised them. Great job! Thank you Sue and your team. "

- Mujiono family
More testimonials »

Government Funding to Ease Hamilton's Pressured Housing Market

12th Jul 17

Lodge Real Estate's Managing Director Jeremy O’Rourke welcomed the Government’s announcement Tuesday 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 Mr O’Rourke.

At the press conference on Tuesday, Prime Minister Bill English said that Hamilton would be one of nine areas to get money as part of a $1 billion funding pool.

The money would be used to help turn farmland in two areas of the city – Peacocke and Rotokauri – Into developed land, ready for 3,700 homes to be built over the next decade and 8,100 in the next 30 years.  The proposal would include a new bridge over the Waikato River, roading and the installation of water mains, stormwater and wastewater pipe networks.

Mr O’Rourke said the funds and subsequent housing development, was much needed for Hamilton City.

“There are currently very few sections available within Hamilton City boundaries for people to build new homes,” said Mr O’Rourke.  “That’s led to some major developments cropping up outside the city boundaries within recent years in areas such as Ngaruawahia.”

Mr O’Rourke believed the proposed developments would enhance the City, ease pressures on the housing market and attract more families to live in Hamilton – Leading to growth.

“We suspect as these sections come onto the market and home construction gets underway, this activity will help to ease the upward pressure on section prices across the city,” said Mr O’Rourke.  “This will help keep Hamilton an affordable, modern city in which to raise a family.”


For more information on the Government's announcement, click here.

^ top
Filed under Hamilton / Waikato \ Real Estate

Related posts

Leave a comment

Fields marked * are required

Sue Hall's Blog

2018 Balloons over Waikato

The 2018 Balloons over Waikato Festival officially kicked off early this morning at Innes Common.

Read More »

Hamilton's Market is Ramping Up!

The latest QV house price figures are out and show that nationwide, property values are increasing. In February, house prices nationwide have increased 6.5% to an average of $672,645, which is an increase of 1.2% in the last three months

Read More »

Light at the end of the Tunnel for Hamilton's First Home Buyers?

Whenever there is a change in Government, we are left wondering which plans and decisions will be upheld. Thankfully the Special Housing Areas previously planned for Hamilton are set to continue under a Labour led Government.

Read More »

Steady Increases are Predicted

Real Estate statistics are reflecting that the traditional quiet period over December / January has come to an end. People are now back at work after their Christmas / Summer break and market activity across the country appears to be picking up again.

Read More »

The Work has Begun!

Spending was approved in 2017 and this week, work will start on the $10.7m refurbishment of Hamilton's Waterworld. Originally, most of the spending was earmarked to build a new pool however the complex was built in 1976 and it has had little spent on it since. Councillor Mark Bunting remarked "It wasn't an easy decision. It's a lot of money. Unfortunately, it would cost more if we don't do it, in my view."

Read More »

More Blog Articles »