News

Market urgency and the desire to get deals done unconditionally has driven several strong Christchurch auction results as buyers look to get one step ahead in competitive conditions.

Buyers are being urged to get on board as two neighbouring boat sheds sail their way to market by way of auction at 6153 and 6154, 50 Riverside Drive, Riverside in Whangarei.

It was a case of double delight last night as online auctions in Auckland defied the obstacles of Alert Level 3 with two properties selling under the hammer for a combined NZ$2,165,000.

The introduction of Alert Level 2 restrictions was no obstacle for auctions in Christchurch as six properties sold under the hammer for an auction day clearance rate of 75 per cent.

Former Mayor of Lower Hutt, Ray Wallace, will join the high-performing Lower Hutt Real Estate firm Ray White Kemeys Brothers after a successful 25-year career in Local Government.

A luxury waterfront property in Auckland has sold for NZ$6,250,000 under the hammer at 407 Riddell Road in Glendowie, just hours before the city moved into Level Three lockdown.

An exceptional four-bedroom, two-bathroom home in Casebrook, offered to the market for the first time in 33 years, has sold for a staggering NZ$2,850,000 under the hammer at 130 Styx Mill Road, as the Christchurch auction market remained unstoppable.

A modernised 1930’s bungalow has sold for NZ$472,500 after attracting a whopping 30 offers at 113 Randolph Street (above) in Woolston as the Christchurch market remained red-hot.

In less than four hours, Ray White agents today drummed up 7,763 extra appraisals across New Zealand and Australia, actively demonstrating how the leading group knows how to both harness its scale, and have some fun along the way.

A Ray White record was smashed last night as 41 bidders registered to buy 15 Cardwell Street in Onehunga – the largest number ever recorded for an Auckland City property by Australasia’s leading real estate group.

The Ray White Group in New Zealand has delivered a company-best record sales month for July 2020.

Auction as the preferred method of sale is proving more popular than ever in New Zealand and figures just released by the Ray White Maguires Group shows sellers exactly why.