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 »

In Hamilton? Really?

15th Aug 18


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!

Factors that normally play a key part in a property’s worth are basically the same across the board. Buyers’ attention is often caught by a home that offers something a little different to all the others that are available. This can be anything from a large section to the size of the house, quirky features or what school zoning the home is in.

Other factors that can contribute to the value of properties at the higher end of the scale include architectural design, quality fixtures in the bathrooms, a high spec kitchen, landscaped grounds, a pool that could be accessed from the kitchen / dining room, the amount of sun light a home receives and having a self-contained area (Which my recent listing at 8 Amaril Lane, Flagstaff had).

Believe it or not, one of the biggest players in the value that buyers perceive for a property is sun light. Houses that are often a similar size with similar features can be very different in price if one is bathed in afternoon sunlight and the other is not. The next big contender is the indoor / outdoor flow that a home offers. And, one factor that is no surprise to any of us, is the school zone that the property is in.

Homes.co.nz has recently put together the latest statistics for each suburbs median sale figure. Sitting at the top of the table for Hamilton is Harrowfield with a median value of $811,910. Second on the chart is Huntington at $762,395 and Flagstaff comes in at third place with $753,887.

At the other end of the scale, the lowest sales figures of Hamilton’s suburbs belong to Frankton at $407,570, Enderley at $393,680 and finally Bader, with a value of $390,625.

These figures are a great tool for those looking to buy, those wanting to sell and home owners alike - First home buyers can get a fairly good idea of which suburbs they should be looking at and those looking to sell or perhaps with their home on the market at the moment, can get a good idea of where their home sits when compared to others.

To see where your suburb sits on the highest median table, click here.

If you would like to read more about New Zealand’s most expensive homes, click here to read the full article by Susan Edmunds of stuff.co.nz.

 

^ top
Filed under Hamilton / Waikato

Related posts

Leave a comment

Fields marked * are required

Sue Hall's Blog

The Results are In - Who's the Fastest and Who's the Slowest?

You've got to move quickly in Invercargill if you want to buy a home.  Real estate in the southern-most city is among the fastest selling in the country, due to increased demand from first home buyers, real estate experts say. Of the 12 suburbs where houses spent the shortest time on the market last year, all but three had median property values of less than $500,000.  Invercargill dominated the list, with homes in four of the city's suburbs typically selling within 20 days or less.

Read More »

Christmas at the Lake 2019

Once again this year, Christmas at the Lake returns to Innes Common. The free, community event will be happening this coming Saturday 21st December 2019 and will kick off from 5.30pm. There will be tonnes of performances and things to do including eight dance groups, four live bands, food stalls, rides and slides as well as face painting and Santa might even call in to visit the kids!

Read More »

Te Koopuu Mural Project Artists Selected

New Zealand’s soon to be largest mural has now got mastermind artists behind it and they are preparing to bring it to life in January 2020. A group of visual artists operating under the name Te Whētū Collective were recently selected to tackle the 248 metre long canvas.

Read More »

Hamilton's Average House Price Just Under $600,000

A lack of stock, a revitalised CBD and a positive economy helped push the average house price in Hamilton to $596,912 in November, according to the latest snapshot of the housing market. The CoreLogic QV House Price Index found Hamilton saw a 5.5 per cent year-on-year increase in average value, up 1.5 per cent on the quarter and 0.8 per cent higher than the month earlier.

Read More »

Rotokauri Transport Hub is Underway

The first earth has moved for Hamilton's new transport hub.  The official sod turning has been held at the Tasman Road site with Labour MP Jamie Strange and Hamilton Mayor Paula Southgate doing the honours. 

Read More »

More Blog Articles »