It’s hard to know what to make of the property market headlines at the moment. We’re hearing about price drops in some suburbs and a “sobering” spring market, which can be confusing if you’re thinking about your next move.
But here in the North West, the story feels a bit different. While the wider Auckland market has seen an average price drop, our corner of the city is showing real stability.
Let’s look at what’s really happening in the North West real estate market right now.
Nationally, it’s very much a buyer’s market, and the North West is no different. There is a good amount of property for sale, giving buyers more choice and, just as importantly, time to make the right decision.
The latest data shows that while the Auckland average value dropped by $23,000 in the last quarter, the wider Rodney district (which covers our North West communities) held flat with zero per cent change. We are holding our ground.
For buyers, this is a great opportunity. Lower interest rates are starting to appear, with some banks offering one-year fixed rates below 4.5%. Combined with more choice and stable prices, it’s a positive time to be searching for your next home.
For sellers, this stable market means that presentation and pricing are key. With more choice available, buyers are happy to wait for the right property at the right price. Getting your marketing and sales strategy right from day one is more important than ever.
The real value of the North West isn’t just in the current stats; it’s in the future of our community.
We are seeing a huge investment in local infrastructure that will make living here even better. The work on State Highway 16 is a great example. Upgrades include widening the road to four lanes between Brigham Creek and Taupaki and a new roundabout at the Coatesville-Riverhead highway intersection, all designed to improve safety and travel times.
On a local level, it’s also great to see practical investment in our suburbs, like the flood resilience work in Kumeū and Huapai, which uses local contractors who know the area best. These are the practical improvements that make a real difference.
The North West property market is in a healthy, balanced position. If you’re a buyer, you have time and choice. If you’re a seller, you have stable prices and a clear path to a successful sale with the right advice.
If you’re curious about where your property sits in today’s market, or want to chat about your options, our team is here to help.
Please get in touch for a confidential chat about your property goals.
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