Property

Bullish property market in Buller

Some Buller properties have leapt in value by more than 500 per cent in the latest district valuation.

Thursday, October 28th 2004

Overall the value of the Buller District increased 80% since the last valuation in 2001.

The increases were strongest among coastal properties from Punakaiki to Karamea and reflect two years of unprecedented property sales.

"It's everywhere along that coastline. The coastline is just not long enough, really," Buller real estate agent Ross Shaw said. "It's as if people have just discovered the West Coast."

Even the old coalmining township of Granity was enjoying the boom times. "Properties that we might have sold for $50,000 a few years ago would have more than doubled, easily," said Shaw.

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Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.35
TSB Special 4.39
Co-operative Bank - Owner Occ 4.45
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Westpac Special 4.45
SBS Bank Special 4.49
BNZ - Std 4.49
Kiwibank Special 4.49
TSB Special 4.49
AIA - Go Home Loans 4.49
ANZ Special 4.49
ASB Bank 4.49
Co-operative Bank - Owner Occ 4.49
ICBC 4.59
Wairarapa Building Society 4.59
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
BNZ - Std 4.99
AIA - Go Home Loans 5.15
ASB Bank 5.15
Co-operative Bank - Owner Occ 5.19
ANZ 5.39
TSB Special 5.39
Kiwibank Special 5.39
Kainga Ora 5.49
SBS FirstHome Combo 3.44
AIA - Back My Build 3.54
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
Co-operative Bank - Owner Occ 5.30
Co-operative Bank - Standard 5.30
ICBC 5.39
Heartland Bank - Online 5.45
Kiwibank - Offset 5.80
Kiwibank 5.80
ANZ 5.89

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