Property news


Two more Hawke’s Bay farms sold to overseas buyers for forestry
Three CHB farms have sold in quick succession to overseas buyers for forestry conversion.

House prices down in most regions in year to March
Prices either static or falling throughout NZ, only six areas had price rises lately.

Ex-Block star sells family home, builds new one in three weeks
“We love a challenge. There’s nothing like pressure – pressure is a great motivator.”

Retirement village vacancies rise: Ryman's chairman Dean Hamilton explains
Opening three new hospital buildings in Auckland and Hastings pushed up vacancies.

Napier keeps controversial site in strategy plan, Hastings votes no to building on fertile land
Two proposed residential development sites in Havelock North were removed from the FDS.
Property news around NZ

Elderly vendor 'gob-smacked' after her damaged home sells for $507,000
Bidders went hard for "as is, where is" property.

The big switch: ‘I don't care about the banks. I'll take the $8000 cash'
Mortgage chief expects banks will continue to drop rates even if the OCR stops at 3%.

Rotorua Barn house has shrine to Harry Potter under the stairs
Hogwarts-themed room has been hit with the vendors' kids.

Auckland retiree faces eviction as ground rent jumps 344%
The Dilworth Trust increased the annual leasehold fee from $45,000 to $202,000 per year.

NZ’s UFO house for sale - Starship Enterprise meets Bond villain lair
The unusual-looking property boasts out-of-this-world views and interior design.

Fashion power couple selling their multi-million dollar art villa
Dame Denise L'Estrane-Corbet and Francis Hooper open up about their private home.
More Hawke's Bay Property news

Colossal new Kmart for Auckland: Biggest NZ store planned
Vast new discounter to be built on greenfields site opposite Westgate Lifestyle Centre.

JLL retirement village study: population up, companies adjust growth
Most older people do not live in such villages, even with 53,000 people there now.

Xero founder Rod Drury got $12m for his Hawke's Bay mansion
The rich-lister's home set a record for the region.

Water funding remains problem for councils
A rural mayor says there’s no incentive for councils to band together in new entities.

Are 1576 new homes heading to the scrap heap? Full list of developments on hold at KO
Future of big housing developments hangs in the balance.

Hawke’s Bay apple industry: Newcomer buys 70ha of orchards amid industry shake-up
A German-owned newcomer has bought the apple orchards in Twyford.

Flaxmere lost New World, Havelock North gets new replacement store
Opening date announced for replacement supermarket in affluent, growing area.

$150m+ investment: Where are eight new Foodstuffs North Island replacement supermarkets going?
Economic downturn didn't dent our food market: biggest owner expanding, replacing stores.

'True to their word' – infrastructure chief on Budget 2024
'Government appears to have recognised the deficit with roading and rail maintenance.'

Where new supermarkets have opened and might rise soon
Where are new stores opening? One store shut in Flaxmere but that's been eclipsed.

Real estate agent wins court dispute over commission on $6.6m sale
Station was sold between brothers' trusts in a "family arrangement".

Freedom from secrecy and shame: How a sex abuse victim has transformed her life
'Now I live a life that I thought only existed in movies or books.'

Business backing huge solar farm fails, creditors want $12.3m
Council said the venture supported its aspirations. Now, it is a creditor.

Retirement village giant unveils $335m expansion at two NZ sites
Purchases allow the business with 36 existing villages to develop two more new ones.

Cyclone Gabrielle: Infrastructure to trump housing in possible $13b repair
Rebuild unlikely to have a big impact on reversing the slowdown in residential building.

Evacuations and no power: The fate of 1000 retirement village residents during cyclone
"Mobile generators were a godsend. In our new villages, we’re building generators."

Cyclone Gabrielle: 6 Summerset villages lost power, communications
"Ran essential services on generator power, fully supplied with food and medication."

'Selling a house is not a hopeless exercise': Inside Hawke's Bay's property market
Agents say the property market is slowly, but surely, improving.