October 2018

Day light saving has started! Halloween is around the corner! And the weather is starting to heat up… Have you planted your spring garden yet? If you’re looking for a new place to explore on these warmer weekends we suggest checking out Wenderholm and the beautiful beach and bounty of trails it has on offer. Additionally, this month we encourage you to head along to the Silverdale School – Country Show Day on 27th October 2018. Bayleys are proud to be the platinum sponsor for the event this year, and it will certainly be an exciting family event with entertainment for everyone (food, fun rides, auctions), and FREE ENTRY!

With the warmer weather on the cards we have seen an increase in buyer enquiry with open home numbers doubling and a recent increase in more affordable homes coming to the market with properties available between $600,000 - $750,000. This price bracket is highly desirable so we do not expect these listings to last long. With the warmer weather we expect to see a continued increase in the number of listings and activity, with what looks like a later spring market on the cards this year. This brings with it the opportunity for astute sellers to come onto the market sooner rather than later, beating the impending saturation.

If you are looking to sell in the coming months or would like assistance with anything property related, get in contact today.

The World of Social Media

We’ve merged our social media to make it easier for you! Be sure to LIKE our page: @thinkingcoastalproperty on Facebook and Instagram. Whether you are buying, selling, or simply looking to share this fabulous area with family and friends, this is the perfect place to start!

On our Facebook page you will find an abundance of information - from an introduction to ourselves, to current listings, recent sales, easy access to receiving a no-obligation appraisal and monthly updates. In addition, we endeavor to include a range of video content inspired by the lifestyle this area has to offer – look out for our newest videos highlighting the outdoor lifestyle Orewa has to offer and the beauty of Wenderholm and Waiwera.

Overseas Investment Amendment Bill - What you need to know:

  • The focus of the Bill is to bring ‘residential land’ within the overseas investment regime, with the purpose of making homes more affordable for New Zealanders. 

  • Residential land’ includes residential and lifestyle land including existing dwellings, bare land, apartments, and some mixed-use properties.

  • This will create hurdles for overseas buyers with a genuine connection to New Zealand, where the time and cost involved in obtaining OIO consent could be significant relative to the value of the residential investment.

  • Australian and Singaporean citizens and permanent residents are excluded due to existing free trade agreements.