Housing
Despite a recent surge in demand for coastal property throughout Otago, Oamaru still remains one of the most affordable places in New Zealand to buy a home.
| Waitaki District House Prices: |
| |
Dec 03 |
Dec 04 |
Dec 05 |
Dec 06 |
|
| Waitaki District |
$104,082 |
150,667 |
164,154 |
184,406 |
| New Zealand |
$244,830 |
308,715 |
325,924 |
362,114 |
| Source: Quotable Value |
The median sales price for a three bedroom home was $195,000 in April 2007; rent for a three bedroom home is $170-$200 per week. Residential developments continue at a steady pace; during 2006 for example, the Waitaki District Council processed 52 applications for subdivision consents. There is also a constant demand for upgrades and renovations by those preferring older character homes.
For information contact:
CRT Real Estate
T: +64 3 433 1034
W: www.crtrealestate.co.nz
Jack Townsend – The Professionals Real Estate
T: +64 3 434 9880
W: www.professionals.co.nz
LJ Hooker Oamaru
T: +64 3 434 9014
W: www.ljhooker.co.nz
Oamaru Real Estate
T: +64 3 434 3347
W: www.oamarurealestate.co.nz
Paterson Realty Ltd
T: +64 3 434 7422
W: www.patersons.co.nz
PGG Wrightson
T: +64 3 433 1340
W: www.pggrealestate.co.nz
A C Spivey Real Estate
T: +64 3 434 9010
W: www.realenz.net/Spivey
