Your Local Suburb Guide - WASHDYKE 12 May 2021
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WASHDYKE 12 May 2021 Your Local Suburb Guide Boss Parkhill POWERED BY: Blackham & Co Real Estate Ltd - 027 879 8789 boss.parkhill@harcourts.co.nz • www.bossparkhill.co.nz
What’s happening in your local market? WASHDYKE Recent Sales across all agent brands Market Snapshot SOLD 3 $0 0% NA Total Median Monthly Increase Median Sales Sales Price In Median Price Days To Sell Rental Snapshot RENTED $350 4.2% 9 Median Asking Rental Number Weekly Rent Yield Of Rentals Overview If you'd bought a home three years ago in Washdyke, Timaru you'd have paid $0 in 2018, while in 2021 the same property now costs $0. Boss Parkhill Blackham & Co Real Estate Ltd - 027 879 8789 boss.parkhill@harcourts.co.nz
Market Performance WASHDYKE Median Sales Price What’s happening in our market? $500,000 The top price achieved for Washdyke, Timaru over $450,000 the past 3 months has been 28 Flemington Street in $400,000 March, which sold for $675,000. $350,000 $300,000 The most affordable Washdyke, Timaru property to $250,000 sell for the same time period was 8 Martin Street $200,000 which went for just $250,000 on 09 April. $150,000 $100,000 $50,000 Sales and rentals $-50,000 There have been 3 properties sold in Washdyke, Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Timaru over the past 12 months, totalling $1,809,000. When you calculate that against the current median Median Rent sales price, the rental return is currently 4.2%. $400 Why are these stats so important? $350 $300 The default period for data capture in this report is 12 $250 months unless otherwise stated and the report uses $200 median prices which is the ‘middle’ price of a dataset $150 captured over time. Medians are regarded statistically $100 as more reliable than an average as it is not skewed $50 by pricing extremes. It is always valuable to look at the types of properties that are selling in the suburb $-50 to get an understanding of the quality of homes and Jan-20 their features that are selling at different price points. Suburb Comparison Median Sales Price What’s my property worth? Oceanview $431,000 The information provided in this report is general in nature. Growth rates are provided for guidance and Washdyke Flat NA based on the historical performance of the suburb Waimataitai $375,000 and are not a guarantee of future performance. To Marchwiel $385,000 understand what your property is worth, don't hesitate to get in touch for a free appraisal so that we can discuss how the market's current performance is specifically relevant to your home. Number of Properties Sold 6.5 6.0 5.5 5.0 4.5 4.0 3.5 3.0 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Boss Parkhill Blackham & Co Real Estate Ltd - 027 879 8789 boss.parkhill@harcourts.co.nz
Recent Sales across all agent brands WASHDYKE SOLD SOLD 28 Flemington Street 26 Mar 2021 262 Hilton Highway 04 Sep 2020 Section: 893 m² Building: 219 m² Section: 1120 m² Building: 110 m² $675,000 4 Bed 2 Bath 2 Car $365,000 3 Bed 1 Bath 2 Car SOLD 11 Ascot Street 11 May 2020 Section: 779 m² Building: 146 m² $769,000 3 Bed 2 Bath 4 Car Powered by TCPDF (www.tcpdf.org)
Boss Parkhill boss.parkhill@harcourts.co.nz 027 879 8789 Blackham & Co Real Estate Ltd - 41 Sophia Street, Timaru www.bossparkhill.co.nz Statistics shown are for a rolling 12 month period up to the end of the month. This report includes sales statistics up to 31 Mar 2021, and for rental statistics up to 30 Sep 2020. Listings photos sourced from Realestate.co.nz. Disclaimer: This report is intended for general information purposes only. This report and the information contained in this report is under no circumstances intended to be used or considered as legal, financial or investment advice. The material in this report is obtained from various sources (including third parties) and REINZ does not warrant the accuracy, reliability or completeness of the information provided in this report. REINZ does not accept responsibility or liability for any omissions or, inaccuracies in this report or the information provided in this report, or for any losses incurred, either directly or indirectly, by any person POWERED BY: arising from or in connection with the supply, use or misuse of the whole or any part of this report. Any third party data or analysis in this report does not necessarily represent the views of REINZ. When referring to this report or any information contained in this report, you must cite REINZ as the source of the information. REINZ reserves the right to require that you immediately withdraw from publication any document that fails to cite REINZ as the source.
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