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Deposit rates in Tauranga rise $33,000 in 12 months, One Roof data shows


Deposit rates in Tauranga rise $33,000 in 12 months, One Roof data shows
12 Mar, 2021 05:00 PM
8 minutes to read
First home buyers in Tauranga are having to save $33,000 more for a deposit than they did a year ago, new data shows.
The latest figures from OneRoof/Valocity show the deposit for a typical house
in Tauranga is $33,000 more than it was 12 months ago. In Rotorua, it is $24,000 more.
EVE s Realty agent Mark Roy sold a Tauranga couple, who had been in the market for more than a year, their first home last week.
One of the buyers had been in tears at the auction of the Otumoetai property when the hammer slammed down and she realised she had finally locked down her first home, he said. ....

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OneRoof: How your Rotorua suburb survived Covid lockdown


OneRoof: How your Rotorua suburb survived Covid lockdown
28 Feb, 2021 05:00 PM
6 minutes to read
Buyers typically pass over homes with these problems.
They are Rotorua s best-performing suburbs post-Covid-19 lockdown.
As the one-year anniversary of the lockdown approaches, the latest OneRoof-Valocity house price index reveals how
suburbs have tracked since March 25.
Fordlands was the top-performing suburb climbing 18.2 per cent in median value to $305,000, while Glenholme came in second jumping 17.8 per cent to $622,500.
Lynmore was the worst-performing suburb dropping 0.8 per cent to $845,000 and Ngongotahā 6.1 per cent to $580,000.
Managing director of the Realty Group Ltd, which operates Eves and Bayleys, Simon Anderson. Photo / Andrew Warner ....

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