Property news


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.

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.
Property news around NZ

Liquidation sale: Crumbling South Island estate with dark past sells for $3.2m
Troubled property finally finds a buyer.

Sold in a day: Kiwi expat snaps up Auckland mansion for more than $12m after flying visit
The buyer has lived in Europe for the last 30 years and didn't know the city that well.

Watercare reveals deal with Foodstuffs North Island over new Pak'nSave Highland Park
'Agreement allows us to ... reduce our supply to the site' - Watercare's Priyan Perera.

F&P Healthcare starts vast new $250m building
Earthworks have been largely completed and construction will start later this month.

Beachside bunker ‘dune house’ designed for Rod Drury entity at Te Arai Links
The unusual home is designed to blend seamlessly into the landscape.

Tony Alexander: What Adrian Orr’s shock resignation means for homeowners and interest rates
The Reserve Bank of New Zealand governor is calling it quits after seven years.
More Hawke's Bay Property news

'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.

House values fall close to 10pc in a year in Napier
Lines were once out the door. Now agents are 'lucky to get two or three to an open home'.

Top commercial property sales in 2022 - $1.4 billion of deals
Singaporeans and Australians were involved in some of the biggest deals.

Stores galore: Where 14 new supermarkets are opening
Stores galore: From Timaru to Martinborough, Remuera to Taumarunui.

Surrounded by social housing: Family takes fight for their dream home to council
The Wilkinsons are in the middle of a development they didn't expect and are now fighting.

'A patient game': 500 more homes on market in Hawke's Bay than year ago
Hawke's Bay had 800 houses on the market in June.

Fire in 1931 sparks $150k legal headache for property development in 2022
Court action needed to clear away legal hurdle on Te Awanga subdivision.

Reluctant landowners bring Haumoana seawall plan to a halt
Two Haumoana residents not in favour of targeted rates