Property

Land movement fears allayed

A geotechnical survey report on a 30-metre deep, underground land movement, identified earlier this year beneath a high-value residential area in the Far North, has found no sign of movement in recent years.

Monday, November 01st 2004

Consultants told a meeting of about 50 property owners in the Coopers Beach coastal area the only evidence of underground movement - of between 80-100mm - was in the west of the affected 25ha area, near a highway bridge.

The report said because the location was close to the Coopers Beach shoreline, the movement was more likely to have been caused by factors associated with coastal erosion.

The Far North District Council says now a survey grid has been established by geotechnical consultants, the area will continue to be monitored for any sign of underground slippage or movement.

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 3.95
SBS FirstHome Combo 3.99
TSB Special 4.49
ICBC 4.49
Kiwibank Special 4.49
SBS Bank Special 4.49
Co-operative Bank - First Home Special 4.55
Kainga Ora 4.59
ASB Bank 4.59
Unity Special 4.59
AIA - Go Home Loans 4.59
ICBC 4.89
Kiwibank Special 4.89
Kainga Ora 4.95
China Construction Bank 4.95
ASB Bank 5.09
TSB Special 5.09
Unity Special 5.09
SBS Bank Special 5.09
Nelson Building Society 5.09
BNZ - Std 5.09
AIA - Go Home Loans 5.09
Westpac Special 5.59
ICBC 5.65
Kainga Ora 5.69
TSB Special 5.69
SBS Bank Special 5.69
AIA - Go Home Loans 5.69
ASB Bank 5.69
BNZ - Std 5.79
Kiwibank Special 5.79
Co-operative Bank - Owner Occ 5.89
China Construction Bank 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank Special 5.65
Kiwibank 5.65

More Stories

Thursday, February 19th 2026

RBNZ expects slower house price growth in the current recovery

The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.