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Property News - 22 July 2021

‘Perfect storm’ for home buyers

Desperate home buyers are being left in tears as a shortage of listings and out-of-town buyers create a ‘‘perfect storm’’, a local real estate agent says.

The comments come on the back of new figures released by the Real Estate Institute of New Zealand (REINZ) yesterday, showing the number of houses for sale in Nelson has plunged by nearly 60 per cent.

The June report found there was a ‘‘dire shortage of houses for sale’’, with 33.3 per cent fewer houses listed nationally. Nelson experienced the worst drop, at 57.9 per cent, with only 173 houses for sale in June, compared to 411 a year ago.

A search for homes on Trade Me yesterday turned up 92 listings in Nelson and 142 in Tasman.

Median prices in Nelson, Tasman and Marlborough all increased on a year ago, with Marlborough going up 56 per cent to $705,000. Nelson’s median went up 15.3 per cent to $691,500, while Tasman went up 25.4 per cent to $815,000, the data showed.

(Nelson Mail, Wednesday 14 July 2021)

Ministry backtracks on school zone exclusion

Leaders of a rural primary school say its community is ‘‘overjoyed’’ not to be excluded from the high school its students had attended for the last 20 years, but the community could have been spared the stress.

Dovedale School principal Sonia Gianelly said the school was thrilled to learn the Ministry of Education had ‘‘reinstated’’ the Dovedale School catchment into Motueka High School’s enrolment zone, following public consultation.

Children who lived in the Dovedale area, and also attended other primary schools, would have effectively been stripped of a secondary school choice if they were left out of the zone, as proposed by the ministry, she said.

(Nelson Mail, Wednesday 14 July 2021)

Seismic strengthening for Countdown Trafalgar Park

A recent detailed seismic assessment of the Trafalgar Park Countdown building has revealed the need for seismic strengthening, owner Wakatu Incorporation says.

The work is expected to take about a month, but to minimise disruption to customers and staff it will be done overnight. The supermarket will operate as normal throughout the project. Wakatu Inc group general manager of property and commercial Ian Sheves said the work would begin shortly.

(Nelson Mail, Wednesday 14 July 2021)

Irrigators want action on nitrates

An irrigators’ group has called for urgent action by the Tasman District Council to reduce nitrate levels in groundwater under the Waimea Plains, which many people use as their drinking water.

Waimea Irrigators and Water Users Inc consultant Brian Halstead, who grows grapes on the plains, told councillors that members of the society believed the council needed to stop dragging its feet.

(Nelson Mail, Wednesday 14 July 2021)

Builders forced to try a different way of working

Builders in the Nelson region are ordering materials months in advance to ensure they can fulfil jobs, as the demand for new homes and renovations shows no sign of slowing, while some hard-to-get materials are being stolen from worksites.

Builders and suppliers are flat out as people who would normally spend money on overseas holidays are instead putting their cash into home renovations or new homes.

Constraints on the availability of some materials means building companies are planning ahead to reduce the effects that supply shortages could have on jobs.

The Little Pig Building Company owner Nick Marer said he was ‘‘doing all right’’ getting hold of materials, but he knew of some builders who were having to wait two to three months.

To combat the challenges, builders and suppliers were preordering materials ‘‘so they’ve got them sitting there, waiting, ready to use’’, he said.

(Nelson Mail, Saturday 17 July 2021)

Outdoor living the big winner at House of the Year awards

Beautiful outdoor living areas tick all the boxes for modern living, and a multi-award-winning house is a prime example.

The rural waterfront house in Redwood Valley, Tasman, with a stunning outdoor living area, has won the Supreme House of the Year Award at the Nelson Marlborough & West Coast Registered Master Builders 2021 House of the Year competition.

Salter Builders also took out a Gold Award, the Outdoor Living Excellence Award, the Resene New Home over $2 million category, and the Hubbers Flooring and Soft Furnishings Interior Design Lifestyle Award for the project at the awards ceremony last night.

Other winners

Contemporary Homes – Altus Window Systems New Home $750,000–$1 million category, Plumbing World Bathroom Excellence Award and a Gold Award for a home in Ruby Bay, Tasman

B A Fahey Builders – New Home $600,000–$750,000 category and a Gold Award for a home in Karoro, Greymouth

Jennian Homes Nelson Bays – New Home $450,000–$600,000 category and a Gold Award for a home in Richmond

Stonewood Homes Nelson – New Home up to $450,000 category and a Gold Award for a home in Richmond

Milestone Homes Nelson Bays – Volume/Group Housing New Home up to $450,000 category and a Gold Award for a home in Richmond

Mike Greer Homes Nelson – Volume/Group Housing New Home $450,000–$750,000 Category and a Gold Award for a home in Stoke Mike Greer Homes Marlborough – Gib Showhome category and a Gold Award for a home in Springlands, Blenheim

Scott Construction – Master Build 10-Year Guarantee Multi-Unit (Apartments/ Duplexes/Terrace Housing) category and a Gold Award for a home in Richmond

R Fry Builders – Builders Own Home category and a Gold Award for a home in Motueka

(Nelson Mail, Saturday 17 July 2021)

Replica vintage shopfronts win national awards

A three-person team has cleaned up at the national sign and display awards for their work at a classic car museum recreating retro shopfronts.

The Old Sign Studio team of Alex and Sparky Burnett and builder Antoni Neal submitted two shopfronts to the annual NZ Sign & Display Awards, and both won awards – three gold and one silver.

So far the team has completed a Lamborghini’s Fashion Store and the Lickety Split Milk Bar, which between them won three gold awards for theming and traditional handcrafted and lettering signs, and a silver award for traditional handcrafted and lettering signs.

Since the awards, the teams has completed a replica Art Deco petrol station modelled on one that used to be in Tahunanui, and a vintage car yard, and have started on a replica of a Four Square store from Mapua – complete with a replica retro phone booth and postbox outside.

(Nelson Mail, Saturday 17 July 2021)

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