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REINZ: Tauranga reaches record $854k median house price

REINZ: Tauranga reaches record $854k median house price
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

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Rent hits record $550pw: Tauranga tenants lower standards, group together, to get rentals

Rent hits record $550pw: Tauranga tenants lower standards, group together, to get rentals
19 Feb, 2021 05:00 PM
6 minutes to read
Tenants desperate to find a rental are lowering their standards or grouping together to share accommodation with family and friends just to get a roof over their heads, experts say.
Some were also paying more
than $650 a week, leaving very little for necessities such as food, power and clothing and were avoiding paying bills on time to be able to afford to eat.
The news comes as the Bay of Plenty s median weekly rent has hit an all-time high of $550.
Tauranga s median weekly rent is even higher than the region s median at $565, while Rotorua s sits at $470. ....

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Tie debate: Why some Rotorua professionals still wear ties, and others don't miss them

For one businessman, a tie means 'game on', but others don't miss them. ....

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Tie debate: Why some Tauranga professionals still wear them, and others don't miss them

Tie debate: Why some Tauranga professionals still wear them, and others don t miss them
10 Feb, 2021 05:00 AM
5 minutes to read
Tauranga chartered accountant Neil Fullerton does not miss wearing a tie. Photo / George Novak
Is time up for the compulsory necktie at work?
That s one of the debates that has sprung from clashes between Waiariki MP Rawiri Waititi and Speaker of the House Trevor Mallard over appropriate neckwear for
Parliament this week.
On Tuesday, Mallard ejected Waititi from the House after the Maori Party co-leader wore a traditional hei-tiki in place of a Western-style tie, saying it was a matter of cultural identity and that many New Zealanders would consider it a tie. ....

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Million-dollar property sales double and triple in Bay of Plenty seaside towns

Million-dollar property sales double and triple in Bay of Plenty seaside towns
9 Feb, 2021 05:00 PM
6 minutes to read
Houses near holiday hotspot Waihi Beach, north of Tauranga. Photo / Getty Images
Sales of $1 million-plus properties in small Bay of Plenty seaside towns have doubled and even tripled in some areas as city-dwellers seek the coastal lifestyle and work-life balance.
Real estate agents say the beachside
boom is being fuelled by big city residents seeking holiday homes. But in one seaside spot baches that have been in families for years are becoming scarce as they are snapped up for permanent homes.
The number of $1 million-plus properties sold in Waihi Beach has more than tripled in a year, climbing to 43 sales in 2020 from 13 sales in 2019, according to the Real Estate Institute of New Zealand. ....

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