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Couple swap Auckland bustle for Hamilton lifestyle – and a bigger house

But whether Hamilton house prices are affordable depends on who you ask. RICKY WILSON/STUFF Housing Minister Megan Woods announces $1b funding to speed up housing development. Video first published in June 2021. “If you ask first-home buyers they’d say definitely not,” Bayleys Hamilton branch manager Mike Gascoigne said. “In terms of first-home buyers, it’s getting to the stage where it’s quite hard for these people to get into the market unless you’ve got family helping you out.” Hamilton’s average property value now sits at $801,919 – a rise of 110 per cent since June 2015 ($381,793). And the time required to save a deposit for a Hamilton property is now 8.9 years, up from 6.7 years (the average for 2004-20), according to analysis by CoreLogic.

New zealandUnited statesUnited kingdomChloe corkillMike gascoigneSimon lugtonJeremy orourkeCampbell scottLodge real estatePrice indexJeremyo rourkeபுதியது ஜீலாந்துஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்மைக் க்யாஸ்காந்ஜெர்மி ஒரோர்கே

Signs of cooling in Hamilton s housing market

Their findings were echoed by Bayleys Hamilton branch manager Mike Gascoigne. “We’ve certainly seen a little bit of a slowdown over the last six to eight weeks,” he said. Gascoigne said that for a long period of time, they would see as many as six people battling for a property at auction. Now he said it’s three people at most. “The way the market was going at the time was unsustainable, we’re not surprised by a bit of a slowdown,” he said. In fact Gascoigne said he was still seeing investors active in the market “and hindering first time buyers”.

New zealandMike gascoigneNeville falconerReal estate institute of new zealand waikatoCorelogic house priceBayleys hamiltonEstate instituteNew zealand waikatoHamilton north eastNorth westHamilton south eastHamilton south westSouth waikatoபுதியது ஜீலாந்துமைக் க்யாஸ்காந்நெவில் ஃபால்கனர்

Is the Hamilton property market cooling? Industry leaders read the signs

Is the Hamilton property market cooling? Industry leaders read the signs
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

Brian kingMike gascoigneSimon lugtonJeremy orourkeLodge real estateReal estate institute of new zealandReal estate instituteNew zealandReal estateJeremyo rourkeReserve bankபிரையன் கிங்மைக் க்யாஸ்காந்ஜெர்மி ஒரோர்கேலாட்ஜ் ரியல் எஸ்டேட்ரியல் எஸ்டேட் நிறுவனம் ஆஃப் புதியது ஜீலாந்து

First-home couple say goodbye to Auckland, buy into Waikato

First-home couple say goodbye to Auckland, buy into Waikato
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

New zealandNew zealand generalBrian kingMike gascoigneKate helingoeSimon lugtonNick mackintoshHoedt norgroveRafael krzanichVictoria streetFirst home loansFirst homeCiannait de hoedt norgroveSue mackintoshபுதியது ஜீலாந்துபிரையன் கிங்

First-home buyers make foray into Waikato market

First-home buyers make foray into Waikato market
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.