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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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CoreLogic: Tauranga house prices stopping people moving to city for jobs

CoreLogic: Tauranga house prices stopping people moving to city for jobs
8 Feb, 2021 05:00 PM
5 minutes to read
House prices in Tauranga are making it increasingly difficult to attract people to the city. Photo / File
House prices in Tauranga are making it increasingly difficult to attract people to the city. Photo / File
A worse economic effect than the pandemic is predicted for Tauranga with house prices deterring people from moving to the city for work.
That s according to Nigel Tutt, the chief executive of Tauranga s economic development
organisation, Priority One.
It comes off the back of CoreLogic NZ s latest House Price Index which shows Tauranga s average property value is now $888,930, up from $876,122 in the last quarter. ....

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First home buyers: Where to buy for under $550,000 in Tauranga

First home buyers: Where to buy for under $550,000 in Tauranga
16 Jan, 2021 02:00 AM
7 minutes to read
Aerial view of Mount Maunganui. Photo / File
House prices are rising faster than it s taking first home buyers to save for a deposit - but there are still bargains to be had in Tauranga.
A home on Maunganui Rd in Mount Maunganui
sold for $500,000 last month.
Fifteen homes sold in the Mount for under the $550,000 First Home Grant cap for new properties in the last three months.
Nine sales under $550,000 also sold in Gate Pā, nine in Welcome Bay, eight in Ōtūmoetai, seven each in Greerton and Hairini - and six each in Bellevue and Parkvale. ....

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Has the Tauranga housing market become impossible for first-home buyers?

Has the Tauranga housing market become impossible for first-home buyers?
19 Dec, 2020 02:25 AM
8 minutes to read
Is it becoming harder to buy a first home? Photo / Getty Images
Bay of Plenty Times
For Carly McMechan and her family, the hunt for their first home has been an almost two-year battle with no end in sight.
The family decided to look at buying a home when they realised
how much they had spent on rent in the 18 years they had been together.
They have lived in their rental for 13 years and, while there is no pressure to leave, eventually the landlord wanted to move back upon retirement. ....

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