Breaker Bay sale record

Thursday 18 November 2004

A Breaker Bay home has sold for $915,000 – believed to be a record price for the seaside suburb.

By The Landlord

The house at 182 Breaker Bay Rd, which has two or three bedrooms, was sold at auction to a South Island couple moving into the area.

Seatoun real estate agent Ted Jewett said the price was almost $200,000 higher than the previous highest sale in the bay last year.

The owners had bought the house for $605,000 in April last year – a record

price at the time, Mr Jewett said. They had since spent about $200,000 on improvements.

Read More - Opens in a new window
Commenting is closed

House Prices

S&P forecast 10% house price fall

Global ratings agency Standards & Poors is the latest to join the chorus of predictions around potential house price falls in New Zealand – and they’re picking a 10% drop.

Commercial

$75m on offer for new developments

Auckland ’s long-term future is sound as well situated residential developments will always sell and demand for affordable housing remains strong, a leading non-bank property financier says.

Mortgages

Mortgage borrowing rebounds in May

New mortgage borrowing rose by roughly $1.6 billion in May as the property market showed signs of recovery from the Covid-19 lockdown.

Site by PHP Developer