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

"Just wanted to thank you for making the sale of 53 Carrington Avenue so seamless and stressless. My only regret is that we haven't actually met you yet! But we will make sure to come over and do that before long. Anyway, thanks again for all your great work on our behalf. "

- Trevor & Pauline
More testimonials »

Hamilton house prices achieve historical highs

1st Oct 15

Lodge Real Estate’s managing director Jeremy O’Rourke, today said Real Estate Institute of NZ (REINZ) statistics released this morning show Hamilton’s median has hit an all-time high of $415,500.

However, he says the huge price spikes experienced over the winter period should taper off as typical Spring market trends take hold.

 “We’ve been saying since January that Hamilton’s median would crack the $400,000 mark this year and it’s finally happened in August.  

 “This winter was an unusual time in the Hamilton market.  We’ve seen many vendors achieve prices for quality homes that surprised even our veteran agents.  This is mainly due to low stocks and buyers desperate to get into properties quickly.

 “With Spring arriving, listings are increasing.  This is taking the intensity out of the market.  Buyers are not as desperate as they have been the past few months, but they still have urgency. 

 “As a result, we suspect the spectacular price growth the Hamilton market has experienced should settle down.  Prices should remain on an upward trajectory, but rise at a more sustainable pace,” explained Mr O’Rourke.

 408 homes were sold in Hamilton during August 2015.  This compares to just 198 sold in August 2014.  Around 50% of homes were sold at auction during the month, as compared to only around 30% of homes being taken to auction one year ago.

^ top
Filed under Real Estate

Related posts

Leave a comment

Fields marked * are required

Sue Hall's Blog

KiwiBuild Revisited

Housing Minister Megan Woods has announced a reset of the KiwiBuild scheme. The target to construct 100,000 KiwiBuild homes in 10 years has been dropped. "We will be dropping the target of 100,000 houses over 10 years. It was overly ambitious and led to contracts being signed in places where there was little first home buyer demand", Woods said.

Read More »

Anglesea Street Te Koopuu Mural Project

Hamilton is about to get a mural, and you could be the one to paint it. If you're keen, it might pay to put some time aside - The mural is set to be 11 metres high and 248 metres long - Potentially New Zealand's largest.

Read More »

Ugly Duckling? Not Anymore!

During the 1970’s, the Hallensteins Clothing Company built their new premises at 391 Victoria Street. The style of the structure and the colour scheme may have been on trend back then, but in later years, the building became arguably Hamilton’s ugliest building.

Read More »

Construction to start on Rotokauri Transport Hub

Construction of a Rotokauri public transport hub expected to cater for 30,000 passengers a month will start next month. The hub will be a combined bus and rail public transport facility, and will include a pedestrian link across the rail line to The Base.

Read More »

First Stage of Tristram Precinct

In just over a week, the first stage of the new "Tristram Precinct" will celebrate it's launch by opening the doors of a brand new, central city Kmart store. Next Thursday, the 29th of August, signals the opening and it is set to be celebrated with entertainment and giveaways.

Read More »

More Blog Articles »