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

" Sue Hall You've done it again Sue! Sold another home for us in a very professional manner, kept us informed throughout the process and done so in a caring way. We couldn't have asked for more. Thank you Sue!! "

- Sonny and Eileen
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

Generational Change

Its not news – With every generation change, the way we live our lives changes as well. Never has that statement been as correct as it is now … Economically, it makes more sense to go out and buy a jersey instead of knitting one, the big “OE” is now par for the course, a large amount of socialising is done via Apps or websites, more and more infants and toddlers are in full time care as both parents need ...

Read More »

In Hamilton? Really?

It’s no surprise that Auckland has the highest number of million dollar homes in the country. But did you know that along with Queenstown and Wellington, Hamilton has some of the most expensive non-Auckland real estate? It’s true! A couple of properties on Pembroke Street, right by the Lake, were worth $17.2 and $15.8 million dollars! Those two sales hold the top two places for the most expensive real estate outside of Auckland!

Read More »

Sticking with Tradition

Bindi Norwell, CEO of the Real Estate Institute of New Zealand featured on 1 NEWS Breakfast this morning to discuss the New Zealand real estate market.

Read More »

Have your say with the Hamilton City Council

Every six years, Council's are required to hold a review around their representations and this year, the Hamilton City Council will be holding it's Representation Review. To help with the pre-consultation phase of the review, the Council has launched a public survey via the internet.

Read More »

The Doors are Reopening!

After a year and a half of waiting, the Hamilton City Council has announced a date for the reopening of the Central City Library. Back in December 2016, there were serious concerns raised around the safety of the Library building, should Hamilton experience any seismic activity. The issues that were discovered called for the immediate close of the building until repairs could be carried out.

Read More »

More Blog Articles »