Inglewood, Waitara join boom in housing

Monday 30 August 2004

The property market is booming in two New Plymouth satellite towns as house buyers discover a more affordable place to live.

By The Landlord

House sales and prices have soared in Waitara and Inglewood in the last 12 months and the boom shows no sign of slowing.

In both towns a lack of available properties meant houses were selling quickly and demand was high.

Agents say the proximity of Waitara and Inglewood to New Plymouth means many new residents commute to the city to work.

In Waitara, property values have increased by 30% over the year and the number of sales is up 20%.

Read More - Opens in a new window
Commenting is closed

House Prices

No stopping Capital price rises

There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.

Commercial

NZ proptech start-up scores major investor

Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.

Mortgages

LVR limits slow down investors

LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.

Site by PHP Developer