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Covid-19: Snap lockdown not slowing Taranaki property market
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Drop in values could signal deceleration in house prices
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First 42 lots of 250-section subdivision hits market in Hāwera
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Values in the villlage have surged 25 per cent in the last year, the data aggregating website shows. By comparison New Plymouth beachfront suburbs of Fitzroy and Strandon have a median house price estimates of $690,000 and $710,000 respectively. “Oakura has always been a popular area for purchasers who are looking for a village and beach lifestyle,” Real Estate Institute of New Zealand (Reinz) New Plymouth ambassador Garry Malcolm said. In Oakura, there were six residential dwelling properties sold by real estate agents between January 1 and May 10 this year, compared to seven for the same time last year.
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Real Estate Institute of New Zealand (Reinz) New Plymouth ambassador Garry Malcolm prices in Oakura had always been higher than those throughout the district.