RE/MAX Real Estate Country-Wide

AUCTION36 Korari

AUCTION36 Korari Crescent, Mangakino, TaupoLUXURY LAKESIDE LIVING WITH LAWN TO LAKE ACCESSPerched above the pristine waters of Lake Maraetai, this architecturally designed retreat offersan unmatched lifestyle of privacy, luxury, and breathtaking natural beauty. With 180-degreeuninterrupted lake views, direct lake access just 50 meters from your deck, and a private jetty, thishome is a rare find for those seeking a peaceful sanctuary, a luxury family retreat, or an idyllic workfrom-homeescape.Step through the grand pivoting front door and prepare to be captivated by the sweeping lakeviews. The home’s open-plan living area seamlessly connects to a sprawling 80sqm deck, where youcan entertain around the gas firepit, host unforgettable evenings in the heated, enclosed outdoordining area, or simply relax in the spa, gazing out over the lake.Contact us now for a private viewing, or to register for exclusive twilight group viewings.AUCTION2pm, 24th April 2025 (unless sold prior)VIEWRequest a private viewing.5 3.5 2 315m2 686m2Kath Shaw027 723 5358kathleenshaw@remax.co.nzRE/MAX RevolutionWendy Ploeg021 904 419wendy.ploeg@remax.co.nzRE/MAX Starsremaxcollection.co.nz/L33204062Revolution3 McCall Place, Opaheke, Papakura408/18 Mountain Ash Drive, Frankton Queenstown5 3 5 162m2 708m22 2 2 73m2POPULAR LOCATION - QUICK FIRE SALEThis spacious home is perfect for growing families,offering flexibility with five bedrooms or fourbedrooms plus two living areas. Nestled in thesought-after Opaheke area, this is an opportunityyou don't want to miss!Main House features 4 bedrooms, 2 bathrooms- including two master suites. The main masterfeatures a walk-in wardrobe and ensuite.Additional Self-Contained Home (Fully Consented)with spacious double brm with built-in storage.FOR SALETeam Rural UrbanJasmine Woolrich021 120 7396jasmine.woolrich@remax.co.nzEddie Macdonald021 153 5151eddie.macdonald@remax.co.nzMILLION DOLLAR VIEWS, 2 CARPARKS!Positioned on the fourth floor of the sought-afterLa Quinta Hotel & Residences, this stylish 73sqmapartment (including balcony) offers comfort,convenience, and breathtaking panoramic views ofthe Remarkables and Kawarau River.Smart layout: Two well-separated bedrooms, eachwith its own bathroom. The master features anensuite and is located to the left of the living area,while the second bedroom and bathroom are onthe opposite side for added privacy.FOR SALEEsteban Sanguineti021 207 8959queenstown.enterprise@remax.co.nzCory Mcvicar021 455 345cory.mcvicar@remax.co.nzPrice By NegotiationVIEWRequest a private viewing.remax.co.nz/L32497355Revolution9,000VIEWRequest a private viewing.remax.co.nz/L33491396Revolution8RE/MAX Revolution | Each office independently owned & operated(09) 261 2555 | Ground Floor, 611 Great South Road, Manukau, Aucklandremax.co.nzTop One Real Estate Limited | Licensed REAA 2008Land and floor area sizes listed are approximate

Seasonal Shift Brings Market Lift.REINZ March data: 15 April 2025The Real Estate Institute of New Zealand(REINZ) has released March figures,revealing promising trends in thenational property market. Continuing themomentum from last month, year-on-yearsales are rising across the country.“As we transition into the cooler months, the marketremains vibrant rather than stagnant. There havebeen reports of increased attendance at open homesand auctions. Even in cases where properties don'tsell at auction, there’s plenty of post-auction interest,indicating a resilient and engaged buyer community,”says Acting Chief Executive Rowan Dixon.National sales counts have increased compared toMarch 2024, rising 12.8% (from 6,774 to 7,640). Thissuggests a positive shift in the property market, likelyinfluenced by the combination of lowering interestrates and still relatively low house prices. For NewZealand, excluding Auckland, sales saw a 14.2% yearon-yearrise, from 4,622 to 5,278. At a regional level,notable year-on-year growth in sales was observed inTasman (+48.6%) and the West Coast (+23.6%).“This growth suggests that lowering interest ratesand low house prices encourage more people to buyhomes. Additionally, the strong performance in NewZealand (excluding Auckland) with a 14.2% year-onyearrise, highlights that regions outside Auckland arealso experiencing significant demand,” says Dixon.The median price for New Zealand declined by 1.4%to 0,000 year-on-year. Excluding Auckland, themedian price fell by 2.1% from 5,000 to 0,000compared to March 2024.Six out of sixteen regions reported an increase inmedian prices compared to last year. The West Coastregion experienced the highest increase, rising by11.5% from 0,000 to 2,500. Two regions had nochange from March 2024: Canterbury at 5,000and Taranaki at 0,000. Nelson’s median pricesignificantly declined year-on-year from 2,000 to0,000 (11.4%)."March saw a year-on-year increase in sales, butmedian prices continue to lag behind. New Zealand’sproperty market remains the same: high listings resultin decreased buyer urgency. If a buyer misses out ona property, they can easily find a similar one for sale,”says Dixon.More properties hit the market than in March 2024,with an increase of 5.0% nationally, from 11,455 to12,029 listings. Excluding Auckland, listings increasedby only 2.6%, from 7,326 to 7,513, compared to lastyear. National inventory levels increased by 10.9%year-on-year to 36,870 and 3.2% compared to theprevious month.“As interest rates continue to fall and the OCR dropsonce again, local salespeople around the country areanticipating stability in the market over the comingmonths, bringing renewed energy and hope for manynavigating these changing economic tides,” Dixonconcludes.There were 1,204 auctions across the country inMarch, which amounted to 15.8% of all sales, a slightdecline from March 2024 and last month. The nationalmedian days to sell rose by 3 days, to 41 days year-onyear,which was the same for New Zealand, excludingAuckland.The House Price Index (HPI) for New Zealand iscurrently at 3,632, indicating a decrease of 0.7%year-on-year and a 0.6% decline compared toFebruary 2025. Over the past five years, the averageannual growth rate of New Zealand's HPI has beenapproximately 3.7%. Southland remains the highestrankingregion for HPI movement, having taken thetop place for nine consecutive months.The Real Estate Institute of New Zealand (REINZ)has the latest and most accurate real estate datain New Zealand. For more information and dataon national and regional activity visit the REINZ’swebsite.9