Whanganui property news


'Past the first hurdle' - Fletcher Living on progress at $500m The Hill
Fletcher bought site in 2021, earthworks now advanced, first four homes nearly finished.

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

Hopes property developer will snap up shopping centre
'It’s the first time it has come to the market for about 55 years.'

NZ’s biggest house-builder G.J. Gardner planning 30% franchise growth
'If you’re in a really tough game, go on the attack.'

Construction sector suspected suicides: 80 died last year, highest on record
Data from Coronial Services dating back to 2007 shows record 2023 suicide numbers.

‘Intention to open’ Mt Ruapehu’s ski fields this season as $81.6m debt revealed
Negotiations with potential buyers are ongoing: administrators.

Lake Alice water tower back up for sale
The tower was last sold in 2017 for about $120,000.

Property price moves have first-home buyers 'in a bind'
The average property price in Whanganui has dropped by $26,000 from three months ago.

Apartment buyer says project should not have taken so long
One of the buyers has died during the time it has taken to build the project.

Heritage building owners' challenge of preservation costs vs rentals
"We aren't here to make a fortune, we are here to save the building,"

Eight townhouses overlooking Virginia Lake planned
They were low maintenance, 'lock up and leave' type houses, Bernard Reuters said.

Ruapehu property values on rise as Whanganui market slows
First home buyers are starting to show up in the local housing market.

Whanganui home fetches record-breaking $2m
Before this, Whanganui's biggest sale was $1.6 million

More help needed for first home buyers
An increase in first home buyers across Whanganui is expected following the changes

House listings up, buyers can take their time
"They're not going to be picking up the phone and rushing to make an offer."

Neglected buildings needed for inner-city housing
The council says it desperately needs more power to act on abandoned derelict buildings
Property news around NZ

'Views, location': Section overlooking Lake Wanaka sells for $3.5m
The agent behind the sale says the result reflects a growing trend.

How driving a ‘s*** car’ helped welder buy his first home at 19
Zack Kendrick saved $27,000 in two years.

Tony Alexander: Who'll blink first on unrealistic asking prices?
FOMO is almost completely absent, and buyers are aware they have considerable power.

Auckland’s most expensive houses - mansion’s new CV is $72.5m
How the new rating valuations will affect the top end of the housing market.

Hollywood couple’s ‘crazy money’ house finally finds a buyer
But record sale price is still nearly $1m below what they spent on renovations.

Chris Knox: Why it's time to dump Auckland Council's property valuations
OPINION: Council valuations are a year old on release and don't reflect property values.
More local property news

Apartments in CBD edging towards completion
"You've got to find ways to get satisfaction from all the extra work."

Slice of Whanganui heritage hits the market
The property that houses the Rutland Arms Inn and many other businesses is for sale.

First home buyers 'getting some really good deals'
For first home buyers who have the funding, now is a good time to buy in Whanganui.

How the housing boom has changed the Whanganui market
Whanganui has recently gained two $1m-plus suburbs

Whanganui housing market remains relatively active
Whanganui's housing market has been relatively active compared with others.

Five tips to save for your home deposit in small-town NZ
Lifting KiwiSaver payments, stricter budgeting and finding cheaper rent are some ideas.