
Rodney Sees 6.2% Median Price Increase
I have always stated that high quality coastal lifestyle property will remain a very good investment for the savvy investors and the latest REINZ institute report shows that.
Latest REINZ figures show that Rodney's median house price rose again in February to $880,000 up from $855,000 in January and up from $829,000 in February 2017- a year on year increase of 6.2%. This figure was even achieved with a lower sales volume than the same time a year ago. The Omaha and Point W

Rodney Maintaining 5% PA Increases Despite Recent Press Statements
There was some interesting reading in the January Real Estate Institutes Monthly Report.
Compared to January 2017 the Auckland median price decreased 1% to be $820,000. Manukau City had the biggest fall at -10% whilst Franklin came off best with a 8% increase.
Compared to December 2017, the region’s median decreased 5% with Rodney being the only TA having an increase in median price. The median price in January was $851,000 up from $812,500 in December 2017.
Omaha an

Property Interest Still High
The first month of 2018 is almost behind us, and I can report that despite the media 'beat up' of a changing Auckland market, the levels of enquiry in property on the Matakana Coast still remains high. The Omaha market operates differently to the rest of Auckland, so I don't expect to see any price drops.
I am getting lots of enquiry on properties and what I'm noticing is that increasing numbers of people are very well informed on the market, and they know what they want in