Property news


Daughter ‘slightly horrified’ after mum buys ex-brothel
History-making Napier home snapped up for $475,000.

Asset values up only $100m since 2022: New report on 10 biggest iwi
Most iwi had positive financial returns in 2024, an improvement on 2023: latest report

'They built it together': Son selling iconic winery eight years after dad's death
'Since my father died, my mother, she comes over here more to cry than anything else.'

Plans for 1000-plus homes on reclaimed Napier farmland cause concern
The proposal includes over 1000 new homes on reclaimed farmland near Hawke's Bay Airport.

Ex-Block star: ‘We lived on a building site. My kids used the frames as jungle gyms’
He is selling his dream home after the renovation itch strikes again.
Property news around NZ

Mega-mansion sells for nearly $17m in just seven days
Agent says buyers had been looking for the right home for almost a year.

Winner of auction slog ends up with a rundown bungalow - now what?
Property sells for bargain price but buyer unsure what to do next.

Dome home with views of the Milky Way doubles in price after Greek-style reno
Spectacular transformation of rundown property.

Housing project prioritises chronic health sufferers, older tenants
The project includes six units prioritising older people and those with health conditions.

Winston Peters’ former home sells to expats on holiday visit to NZ
The property had been on the market for $2.675m.

Rich-lister sells his trophy home - but has he broken NZ’s $45.5m house price record?
Property developer was aiming high with his waterfront mansion.
More Hawke's Bay Property news

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.

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.