Sue Hall

"My reputation is your guarantee"

" Awesome Team Sue Hall! It has been a pleasure working with a person of Sue's calibre. She was always professional in her attitude, warm and kind. She has an excellent knowledge of the housing marketing and an intuition regarding people, which gave a stabilising influence when "nervousness" appeared at times. She gave suggestions that were well timed and appreciated and..."

- R Lee & M Hohua

" The best team in Waikato! We were so fortunate to have found Sue and Donna when we moved to Hamilton. They helped us find the right house in the right neighborhood for the right price. Throughout the past several months, Sue and Donna have been there every step of the way. They always answered every call or email no matter..."

- Y Sawaie & M Thainat
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

Hamilton home sellers cautioned against 'fast sale mentality' as holidays approach

The average number of days to sell a home in Hamilton hit 25 in October. This is the fastest average sale time in the city in five years. Additionally, Real...

Read More »

Upcoming and current Hamilton projects

Hamilton is one of the fastest growing cities in the country! In the past, Hamilton has been known as a centre for agriculture. But today it is it's infrastructure that is...

Read More »

4 ways to better understand buyers in the Hamilton property market

Understanding who your buyer is is a cornerstone to selling a house. Knowing who your key buyers are (or will be) and what their needs are can affect the value...

Read More »

How is the Real Estate Market looking following Covid-19?

Though it is always difficult to have a crystal ball when it comes to predicting the real estate market, there are several historical factors we can look at when evaluating the market moving forward.  A number of comments in this blog have come from trusted sources and experiences of those who have had lengthy careers in the Real Estate industry, including working through the previous Global Financial Crisis.

Read More »

Covid-19 and Your Property - What You Need to Know

For answers to the frequently asked questions regarding Covid-19 and Real Estate, please visit this informative article from Lodge Real Estate.

Read More »

More Blog Articles »