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49 Meander Drive, Welcome Bay, Tauranga City
For Sale: Deadline Private Treaty Marketed by: Dave Elers Mob. 027 543 2792 Two properties on separate freehold titles are up for sale. Investors or first home buyers - these are a must view. Both currently have tenants willing to stay on. Three bedrooms with open plan living, off street parking. One has single garage the other has a carport. Fully fenced with easy care section. If you are looking to get into the property market at an affordable entry level, these are a must view. Built in the 1970's these should sell quick. Vendor will consider offers under $399,000 For Sale: Deadline Sale closes 25 May 2017 (unless sold prior) Phone Dave 027 543 2792 to view For more photos, click here.
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107-332 Maunganui Road, Mt Maunganui
For Sale: By Negotiation Marketed by Colin McGonagle Mob. 027 493 4177 Spacious Three bedroom apartment in a desirable complex so handy to all this locale offers: Master bedroom ( with ensuite) opens to the balcony & glorious morning sun. Guest bedroom, another single or office, and the benefit of a second bathroom. Secure carpark & storage locker. The complex also has a lovely courtyard in which to relax & contemplate. A recent furniture package was added & can be included if it suits. This is an easy option to live in or an additional income earner as holiday accommodation. Vibrant village style cafes, restaurants, shops and our renown walks and beaches are only a stroll away. So live the dream & call Colin for your personal viewing. To view more photos, click here. Price: $529,000
5 Sinclair Street, Greerton Contact: Emma Tillott, mob. 027 736 6256 Looking for that family home in a well established area? school just around the corner, swimming pool/gym down the road, Greerton shops a mere walk away and oh-so-handy to the main arterial routes. Click here to view more information. "If you're heading to/from Te Puna today, be weary of time, due to the delays the detouring for roadworks is causing. I was out that way yesterday and was detoured north (instead of the south I wanted to head in) and I spent 45mins on Snodgrass Rd. Thank goodness for bluetooth phones is all I can say!! did a few business calls, made a few appointments - all in all I did more in that 45mins than I would have if trying to organise my life from home! So there's the positive spin on being detoured due to roadworks. Have a fab Thursday and I'll catch you again tomorrow."
- Jackie B 2 bedrooms 1 bathroom. Solid brick warm & dry home with lockable garage and plenty of off road parking. Sunny & Central Brookfield location in a lovely tree lined street. Very tidy, modern & fully insulated top and bottom.
Includes a Heat pump, HRV ventilation system, plus security lights, security doors and stays. Large Garden shed for extra storage. Fully fenced back yard with low maintenance easy care gardens. Non smokers & no pets. Suit clean tidy professionals. Available from 6/5/2017 with a minimum twelve month lease. Move in cost $2706.00 (1 weeks rent: $440 - Letting fee $506 + Bond $1760) If you are interested in viewing this property we require a fully completed application form for each adult potentially residing at this property, please download the pdf from actionrealestate.co.nz or email [email protected] No text enquiries. Our properties are meth tested. Click here to view more photos.  There’s little doubt that the extreme weather systems we’ve been having are becoming more frequent and more intense – with poor Edgecumbe and parts of the Bay of Plenty becoming the latest victim.
So what makes a property uninhabitable? who determines if a property is uninhabitable? and what is the correct protocol when a rented property becomes uninhabitable by flooding or earthquakes? I’ve just done some research thanks to NZ’s latest tenancy news, which may come in valuable for those unsure about currently renting an uninhabitable property. Click here to view a video put together by tenancynews.co.nz Source: TPS  12B Portland Street, Welcome Bay
$409,000 Get in while the goings good! this certainly won't last long with the new price reduction. So, so close to Selwyn Park - you can reach over the balcony and almost touch it! A hop, skip and a jump for the kids to get to school at the very popular Selwyn Ridge Primary School. Call John Foot for more info - 07 578 0699, mob. 021 525 258 To view more photos - click here "Most of our Agents grew up listening to 'Fred Dagg', so it's only fitting we commemorate his life. Ladies and Gentlemen, with his own take on the terminology of Real Estate talk.... I give you, the one, the only... John Clarke!"  5 Sinclair Street, Greerton
$539,000 This family home in the heart of Greerton (Greenpark Primary School around the corner, swimming centre and gym just down the road) truly has to be seen - there's no doubt about it. Newly carpeted and painted upstairs, with lovely grassed areas outside just waiting for kids and a trampoline. Give Emma a call today to find out more - 027 736 6256.  It's hard to think of anything other than the devastation cyclone Debbie has caused this week, but here's some news on household borrowing that's also been in the news of late.
New Zealand households are now borrowing more relative to their disposable incomes than they did before the global financial crisis when a red-hot housing market was encouraging consumers to tack a little onto the mortgage to pay for big ticket purchases. Kiwi household debt is now a record 167 per cent as a proportion of disposable income, and New Zealand Institute of Economic Research senior economist Christina Leung says that's a key risk to the economy. Reserve Bank data show total household borrowings were up 8.7 per cent to $248.16 billion in January from a year earlier. The bulk of that was in housing, which was up 9 per cent at $232.07b. However, a 4.6 per cent increase in consumer credit to $16.1b continued a trend of accelerating growth. "With consumers feeling more confident about discretionary spending we're seeing a pick-up in consumer credit growth," Leung said. "There are two key risks from these growing debt levels in terms of serviceability: interest rates are likely to be on the way up, and the potential for a downturn in the labour market meaning reduced incomes for households." The Reserve Bank is watching local consumer spending closely after being surprised by an acceleration in consumption through the second half of last year. Record levels of net inbound migration and tourism have been bolstering the country's retail sector, while at the same time jobs have been plentiful enough to meet the demands of an expanding population, with high participation rates and unemployment by global standards. RBNZ governor Graeme Wheeler today reiterated his fears about the local housing market, which has faced an imbalance between supply and demand, pushing up prices at a time when tepid inflation called for record low interest rates. While he noted there's been some moderation in house price inflation in recent months, those imbalances and the debt servicing costs will "likely be important influences on household spending and the level of aggregate demand in the economy". Wheeler reaffirmed the central bank's view that the official cash rate was unlikely to move from the 1.75 per cent level it's currently at until mid-2019, although NZIER's Leung expects the RBNZ will move next year as inflation returns to the 2 per cent mid-point of the bank's target band. Lenders are already raising mortgage rates as credit growth outstrips their ability to fund it through term deposits, forcing them to raise money from more expensive international wholesale markets. "We do expect these trends to continue and for further lifts in mortgage rates over the coming years," Leung said. Still, the RBNZ will "wait and see and remain on hold until the middle of next year" to ensure consumer prices start rising before moving the OCR. Once interest rates do start rising, Leung said the "highly indebted household sector is a key risk to watch out for in terms of how this increasing debt will be serviced". Source - Business Desk, NZ Herald. |
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