John Pryor AREINZ - Kawau Island's & the Greater Kawau Bay's Resident Property Specialists
Kawau Island Residential Sales Statistics
For Year ending March 31 2008
As in previous years, we have compiled from verified property sales, the residential sales figures for Kawau Island for the above period. (Figures for the previous year are shown in brackets.) If you would like to discuss the figures, or have any questions, please give us a call.
9 (11) properties were recorded as sold during this period with
6 (9) of these being houses and 3 (2) being sections.
7 of these sales were made by John Pryor AREINZ, 1 was a private sale and 1 was made by another Real Estate Agent.
The total value of properties sold during the year was
$7,749,000 ($6,059,000)
The average sale price for all properties was
$861,000 ($550,818) and the median price was
$735,000 ($440,000)
The total value of houses sold during the year was
$6,645,000 ($5,494,000) with an average price of
$1,107,500 ($610,445) and a median price of
$817,500 ($495,000)
The total value of sections sold was
$1,104,000 ($565,000) with an average price of
$368,000 ($282,500) and a median price of
$185,000 ($282,500)
In terms of location,
5 (6) Schoolhouse Bay properties sold,
1 (2) North Cove,
0 (1) South Cove
2 (2) in other parts of Bon Accord Harbour and
1 (0) on the North West coast.
A brief summation of these figures is as follows:
- 18% fewer properties sold for 28% greater total value.
- 33% fewer houses sold for 21% greater total value
- 50% more sections sold for 95% greater total value
- The average price for all properties increased by 56%
- The median price of all properties increased by 67%
- The average house price increased by 92%
- The median house price increased by 65%
- Most sales activity was at Schoolhouse Bay.
(Caution should be exercise in drawing conclusions from these figures due to the small numbers involved)
John Pryor.
Director
John Pryor AREINZ.
