Nor West News : January 10th 2013
www.nor-westnews.co.nz 8 NOR-WEST NEWS, JANUARY 10, 2013 www.harcourts.co.nz Helensville Realty Ltd 37 Commercial Road Helensville 09 420 7663 www.helensville.harcourts.co.nz Contributor to realestate.co.nz This is exactly what you have been waiting for - a tidy cedar clad home with three double bedrooms. In a great street at a fantastic price. With a modern kitchen and bathroom, fireplace, HRV, heat transfer unit and a private outdoor living area, it ticks all the boxes! For Sale $349,000 View www.harcourts.co.nz/HE121008 Nicky Horsbrough P 09 420 7663 M 027 288 0113 E email@example.com Helensville Realty Ltd Licensed Agent REAA 2008 Helensville Stunning lifestyle property with three bedrooms, an office, two luxury bathrooms, an extra large double garage, salt water pool and spa and a huge 9mx11m barn with mezzanine floor and 3 phase power. On 17 serene acres of which approx 12 acres is over the hill and planted in 10 year old pine trees. A peaceful and private lifestyle here. For Sale $879,000 View www.harcourts.co.nz/HE121101 Nicky Horsbrough P 09 420 7663 M 027 288 0113 Helensville Realty Ltd Licensed Agent REAA 2008 Helensville Lifestyle AND Income! Two totally separate and private homes on this lifestyle block mean you can enjoy the dream AND the income. The main dwelling is three bedrooms and the other two. On 1 hectare which is predominantly native bush. Both enjoy stunning views. Ararefindhere-hurry! For Sale $729,000 View www.harcourts.co.nz/HE120904 Nicky Horsbrough P 09 420 7663 M 027 288 0113 Helensville Realty Ltd Licensed Agent REAA 2008 Helensville Freehold section of 628m2 in a newer area of Helensville Township, partially fenced, flat to sloping and surrounded by quality homes in a new sub-division, with rural views to the McKenzie Hills, but close to schools and town. Covenants apply. Vendor is very keen to sell. For Sale $163,000 View www.harcourts.co.nz/HE120604 Jean Ancell P 09 4207663 M 0275 747520 A 09 4205298 E firstname.lastname@example.org Helensville Realty Ltd Licensed Agent REAA 2008 Helensville PRICE REDUCED 55ha excellent grazing block, easy contour plus some hill, high grass producer ideal for a fattening unit. Well watered to 11 paddocks. Hay, shearing, & implement shed, good yards. Wild deer frequent the property so good shooting. Wetland to covenant for future title. Approx 1 hr Auckland. For Sale $930,000 plus GST View www.harcourts.co.nz/HE120311 Robin Kerr P 09 420 7663 M 0274 948 406 E email@example.com Helensville Realty Ltd Licensed Agent REAA 2008 South Head PRICE REDUCED Ideal starter - 9719m². Four bdrm bungalow, ex farm house with mudroom & shower. Sunny lounge with big deck to enjoy the view and BBQ's. Double garage & sleepout with mature trees on a character site. Two paddocks at rear - ideal for a few sheep or pony. Handy to Waioneke School. For Sale $475,000 View www.harcourts.co.nz/HE121111 Robin Kerr P 09 420 7663 M 0274 948 406 E firstname.lastname@example.org Helensville Realty Ltd Licensed Agent REAA 2008 South Head Alfresco dining by the heated pool with view of the lake and harbour. Four bedrooms, guest suite with ensuite, stunning kitchen with granite tops and Meile appliances. Sound system, air con, feature gas fire, video gates, security and lots more features. Barn has 3 boxes, tack room and implement shed. Full size arena and tennis court available. For Sale $1,370,000 View www.harcourts.co.nz/HE121103 Robin Kerr P 09 4207663 M 0274 948406 A 09 4202714 Helensville Realty Ltd Licensed Agent REAA 2008 Helensivlle/South Head Fantastic substantial 300sqm four bedroom/study plus rumpus brick and tile home, onanelevated1.73hectares of gentle grazing. Northerly aspect, triple garaging plus double garage/workshop and great rural view to the Kaipara Harbour. First time on the market - look now! For Sale $749,000 View www.harcourts.co.nz/HE121201 Graeme McLeod P 09 420 7663 M 0274 502 846 E email@example.com Helensville Realty Ltd Licensed Agent REAA 2008 Parakai SOLD Are we being priced out of the Auckland market? By ALLISTAR WALKER A large part of our business is not only helping first home buyers find the best deal, but helping them plan a financial strategy for their future and provide cost-effective solu- tions for that bad old bogey of insurance. As Auckland property prices continue to set records -- the median was at $540,000 in December, up from $453,000 in August 2011, one wonders whether the day has dawned that the Kiwi home ownership dream may be just that for some Aucklanders. A larger section of the population being life-time renters, and mirroring trends in Europe, looks increasingly likely as we have seen home ownership trending steadily down over the last 20 years. Between 1991 and 2006 owner-occupier dwellings decreased from 73 to 64 per cent and that downward slide is expected to accelerate. Auckland is estimated to be 10,000 houses, units or apar- tments short and it is expec- ted to take some years before there will be any likelihood of a break even. Does this mean that prices in Auckland will continue to rise over the short-term? Our economy floats on supply and demand principles, so a bet- ting man would have to bet on further rises until increased supply can ease the demand. That then begs the ques- tion as to whether we will see a downward correction. I m not a betting man and wouldn t like to predict that but one feels as the afford- ability issue gets worse, a shift in purchasing dynamics must bring about either a price correction or little or no growth in existing prices. For example the X and Y generations often want to purchase in particular areas to be close to the city. I ve lost count of the number of clients who would rather pay and extra $250,000 for something in the central city area rather than live in the burbs or too far out. Once upon a time, living further out was the norm for first home buyers, who would renovate; get a capital gain above inflation, and upgrade to closer in . Once-upon-a-time people would often have second or third jobs to achieve their dream of home ownership. Once-upon-a-time home borrowers were often faced with a first and second mort- gage to be able to purchase a home. Banks were not the big players they are today in this space and first mortgages were generally limited to between 66 and 80 per cent of the house value. There was no such thing as Lenders Mortgage Insurance where insurers will guarantee the portion of the loan between 80 and 95 per cent. Obviously prices cannot continue to rise obscenely above inflation forever, as taken to its ultimate, no-one would be able to afford hous- ing or would find better uses for the capital they had generated. There will be a levelling out, but that could be still a wee way away. House prices can go down -- witness what has happened in England and some areas of the US. Quite noticeable among buyers now in contrast to six to 12 months ago is that many have reached their pain threshold and are resistant to paying too much, particularly for poor quality or badly pres- ented properties. A few are already opting for less expensive areas or downsizing their dreams. Sometimes parents may help with equity issues by putting their home on the line. In this instance, it is important that parents realise the full extent of their liability. It is much harder to come back from an adverse event or situation when you are older, whereas their chil- dren have time on their side. Low interest rates look to be with us for some time, helping those first home buyers get a leg on the lad- der. Once rates rise that will be a lot harder. A borrower s strategy should be to take advantage of the low rates, by achieving a greater reduction in princi- pal while the sun shines. This may not only get rid of the monkey earlier but hold you in a good position if interest rates were to blow out. 2013 could be a very inter- esting year from a financial point of view. There is still much water to pass under a few shaky bridges and if you are like me, we see a greater need than ever for people to plan their future financial strategy, rather than just let it happen. Care has been taken to ensure that any information is accurate. No liability is accepted for its use. Experienced in lending and risk (insurance) advice and planning, Allistar Walker is a Registered Finan- cial Adviser and Senior Fel- low of Financial Services Institute of Australasia. His full disclosure is available at www.mortgagehelp.co.nz. Phone 410 6023 or email firstname.lastname@example.org. Make the right first impression Great looking gardens help sell homes and the start of a new year is an ideal time to take a walk around your gar- dentoseehowitcanbe updated or improved. Here are some ideas: Plant a tree: If your sum- mer garden feels like an oven on hot days, think about planting at least one shady tree during autumn. A leafy tree can reduce the ambient temperature by up to five degrees. Add colour: By adding some bright colour you can turn your summer garden into something resembling an exotic, beachside resort. Petunias are some of the best and longest lasting flowers to use for filling pots and baskets. Calibrachoas, which look like miniature petunias, will bloom for even longer. Both should be cut back after main flower flu- shes and fed every couple of weeks. Marigolds and nasturtiums are also happy summer flowers. Showy dahlias, another summer favourite, are great value because they ll re-grow year after year. Remember, though, if your soil stays cold and wet in winter, your dahlia tubers will need to be lifted and stored until spring. Another way to have vibrant summer colour is by using flamboyant flowering climbers such as mandevilla (Dipladenia), bougainvillea, pandorea and bright orange campsis. The latter is decidu- ous and will survive even in areas where it snows. Don t forget the importance of fragrance in creating a tropical ambience. Try grow- ing perfumed bloomers like gardenia, star jasmine, osmanthus and heliotrope. Keep the lawn green: The lawn is often the most prominent feature of a gar- den, and a lush green lawn makes the entire garden seem cooler. Keep the lawn in good health by fertilising with a quality lawn food. Lawn fungal diseases flour- ish during humid summer weather. While most diseases will eventually clear up by themselves, an application of Yates Fungus Fighter fungi- cide can be used to treat severe cases of fungal prob- lems such as dollar spot and rust on lawns. Grow some edibles: If you haven t already started to grow at least some of your own food, the New Year is a good time to resolve to do so. If you re short on space, think about potting up some herbs. Personalise your gar- den: Make a New Year s res- olution to add at least one eye-catching focal point that will individualise your gar- den. A wall, a statue, a mirror, a fountain, a birdbath or a topiaried specimen are some ideas to consider.
December 20th 2012
January 17th 2013