Quarter Three 2018 - Mt Albert

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TheQuarterlyPocket Bar & Kitchen, Grey LynnRay White Damerell Group Ltd (Licensed REAA 2008) 259 Ponsonby Road ã 422 Richmond Road ã 923 New North Road PO…
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TheQuarterlyPocket Bar & Kitchen, Grey LynnRay White Damerell Group Ltd (Licensed REAA 2008) 259 Ponsonby Road • 422 Richmond Road • 923 New North Road PO Box 47028 Ponsonby 1144 Office Hours: 8.30am – 5pm Monday – Friday (09) 376 2186In this issue Safer StreetsNot Just A GardenArchitectural EscapesInnovative planning of our streets could solve transport issues and improve our health and wellbeingTop landscaping and garden tips from one of Auckland’s most awarded designers - with a focus on villasNine incredible homes in spectacular settings that could be yours… just for the weekendMt AlbertIssue 28 Q3 2018Licensed (REAA 2008)Licensed (REAA 2008)Positiveness, professionalism and ease to deal with.Straight talking, follow through & deliver great results!March 2018January 2018This document is printed on an environmentally responsible paper, produced using Elemental Chlorine Free (ECF), FSCÂŽ Certified Mixed Source pulp sourced from Responsibly Managed & Legally Harvested Forests, and manufactured under the strict ISO14001 Environmental Management System. PAGE 2 | QUARTER ONE 2016A Note From Simon & Gower At a time when real estate industry statistics across the board are on the decline, we are pleased to report that at Ray White Damerell Group our data is showing healthy increases in sales numbers year on year and, importantly, indicating an increased share of the local market. Since this time last year, our share of the overall Greater Ponsonby Market has increased 15% – and that’s significant news for our vendors. Why? Our team is now representing more vendors, which means we are meeting and building trusting relationships with more buyers – buyers that we are able to talk to about your home. There is another reason why an increased market share is a telling metric for those wanting to sell their property. An expanding team that’s marketing an ever-increasing number of properties will naturally gather more market knowledge and develop the resources available to them. For the vendor, this will result in an improved quality of advice and support you receive with regards to the methods of achieving the best results. And in the current market, that’s gold.Speaking of gold, that big ball in the sky is beginning to make it’s presence known again, which can only mean one thing – summer is finally on its way! In anticipation and celebration of the warmer months ahead, we have put together a bevy of articles that will hopefully put you in the mood, and at the same time offer some advice and inspiration. Most of us dream about owning an architecturally designed holiday home somewhere close to the beach or lake, or up in the mountains. However, it’s a goal only a few achieve. If you fall into the ‘not achieved’ category, don’t fret – all is not lost. We have put together a host of architectural gems from around the country that can be yours, for a price, for a week or just a weekend. Some are truly spectacular, others more modest and intimate – all take in the raw beauty of the landscape we are fortunate to call home.Registered Master Landscapers Awards 2018 with some pretty amazing outdoor creations. Finally, we take a drive out to Oratia, in the foothills of the Waitākere Ranges, where architect Matt Brew has recently set up home in a wonderfully original early 1970’s, mid-century-inspired home designed by one of the country’s pioneering female architects, Lillian Crystall. He talks about his inspirations, his homes, and his love of big American cars. We look forward to hearing from you. Gower Buchanan & Simon Damerell Directors M: 0274 484 943 gower.buchanan@raywhite.com M: 021 661 304 simon.damerell@raywhite.comCloser to home, we speak with landscape designer Scott Humphreys about what’s on trend in the garden, and also about his recent success he enjoyed at the THE QUARTERLY | PAGE 1The Tent House on Waiheke Island was designed by architect Chris Tate. It is just one of the architectural wonders that can be yours for the weekend. Read: Architectural Escapes on p28PAGE 2 | QUARTER THREE 2018Contents PAGE 4PAGE 18More innovative use and planning of roads, footpaths and cycleways could be a big part of the answer to transport issues in and around Auckland – and improve our health and well-being at the same time.In this final article of the year, we review some of the responsibilities of a body corporate to the Health and Safety at Work Act 2015...Healthy StreetsPAGE 9Local Market Wrap This quarter has confirmed – as if we needed further proof – that the market has softened in terms of the number of properties that are coming onto the market.PAGE 10In Your Neighbourhood Some useful statistics that will give you an insight into what’s trending in the local real estate market.Body CorporatePAGE 19Property Investment Rents throughout Auckland continue to rise with the average increase currently sitting at just under 3.5% per annum.PAGE 20Past Is Present After six years living in inner-city Sydney, architect Matt Brew has returned home, setting himself up in a classic 1970’s house that clings to a steep hillside, lushly covered in native bush, in the depths of Oratia. And he’s loving it.PAGE 12PAGE 26Recent SalesNot Just A GardenA snapshot of the homes sold in the third quarter of 2018.More than just a lawn and a few raised beds, today’s gardens need to offer an integrated design that caters for a multitude of functions, all wrapped up in a great-looking, lowmaintenance package.PAGE 14Suburb Overview See, at a glance, the vital real estate statistics in nearby suburbs.PAGE 4PAGE 9PAGE 20PAGE 30Architectural Escapes PAGE 16From The Auction Floor Forget the old adage of ‘auction it and they will come’. Over the past quarter it has been a rollercoaster ride in the auction room, with variety and diversity reigning supreme.If you’re into architecture and design and are after something different for that special birthday or anniversary… take a look at this selection of architectural getaways; they’ll blow your mind and, in some cases, your budget, too!PAGE 26PAGE 18The Mortgage Market Over the past few years households have been building their housing equity, on the back of sustained property growth and lending ratio restrictions enforced by the Reserve Bank.PAGE 30THE QUARTERLY | PAGE 3Healthy Streets More innovative use and planning of roads, footpaths and cycleways could be a big part of the answer to transport issues in and around Auckland – and improve our health and well-being at the same time. BY VICKI HOLDERPublic health specialist Lucy Saunders was in Auckland in August, taking part in a panel to talk about her efforts to integrate transport and public health in London, and inspire those responsible for creating our built environment. Lucy, the architect of the Healthy Streets approach, is working across both the Greater London Authority and Transport for London to make the city’s streets safer, healthier and more inviting, and transport more accessible.budgets might not accommodate the healthy streets plan.“If I can do anything to improve people’s health,” says Lucy, “probably the best use of my efforts is to change the way we use our public realm on the streets.”It was hard to argue with her approach, he said, especially given “the very tragic situation in Auckland at the moment.Lucy said all parts of the city have to work together to put the Healthy Streets strategy in place and embed physical activity into daily life. It means redirecting the city back towards pedestrians and cyclists. Asked if she had any tips for Auckland to make streets healthier, Lucy would not be drawn as she had only spent a few hours here. But she refuted the suggestion thatPAGE 4 | QUARTER THREE 2018“When you’re spending money every single day on our streets – it’s not about sending more money. It’s about spending the money differently.” CEO of Auckland Transport Shane Ellison joined the panel after Lucy’s presentation in Auckland and asked her: “Can you wave your wand and make it happen?”“In our region, the number of deaths and serious injuries on our roads escalated by 70 percent between 2015 and 2017. And, sadly, for the many in the room who have children approaching secondary school age, that situation is far worse. The number of secondary school-age children killed or seriously injured on the roads in 2014 was 56. In 2017 that number had grown to over 100. “So, if they’re not feeling safe on the streets, how are they going to be active?Public health specialist Lucy Saunders“Yes, we’ve got a lot of work to do. But thankfully we have a council and central government and a board at Auckland Transport (AT) that are 100 percent on board.” Shane said now is a once-in-a-generation opportunity to make transformational changes with the funding that’s been allocated, which is targeted at all parts of the model. “We are committed to delivering on that. I would love to see the urban cycleway completed. My commitment is to continue toinvest in walking and cycling with the transformational change and all the flowon benefits that enables.” He was also concerned that New Zealand now has the third-largest obesity population in the OECD. “We need to do something about that.” Dr Michael Hale, Public Health Medicine Specialist in the Auckland Regional Public Health Service, was also on the panel, and he agreed. He is interested in how urban and transport planning can improve well-being in our neighbourhoods. In 2014, the health boards of Auckland came to his organisation, concerned about the impact of rising child obesity, and asked him to take some leadership in a coordinating a programme. The result was the Healthy Auckland Together coalition, which recognised that most of the causes of the issue lie outside the health system. “If we want action on nutrition, physical activity and obesity, we need to talk to the people in charge of the development of the built environment. So, Auckland Council and Auckland Transport are key partners in Healthy Auckland Together. “There is now an alliance dedicated to addressing this issue at a city-wide level, because health not only reflects our income, but is also a product of our environment. The layout of our neighbourhoods, the quality of our parks, the safety of our suburbs and our transport options all nudge us to be active or sedentary,” said Michael.“Until we provide safer infrastructure and reduce speed, our vulnerable road users – pedestrians and cyclists - are going to be at risk. We need to reduce that. The police say we have a national speed plan that’s approved by the AT board for 700km of Auckland roads. We need to crack on with that and get speeds down.” Lisa Mein, principal planner and designer from Boffa Miskell (which sponsored Lucy’s presentation) pointed out some recent projects her company has been involved in. These confirmed what designers already suspect – that making streets and neighbourhoods safer and more appealing for people walking and cycling leads to increased active transport and consequent improvements in health. Part of the Future Streets programme, TeAraMua in Mangere, is a collaborative programme between public health and environment professionals and is wellaligned to the Healthy Streets initiative. “Such projects showcase the benefits and impacts of improving the quality of the built environment, strengthening connections and improving safety. “Collectively we have a responsibility to create spaces that are safe, attractive, vibrant and conducive to health and wellbeing,” said Lisa.“We have complete endorsement of Healthy Streets, because healthy streets are liveable streets. We’ve taken this approach to bring everyone together to make sure that we have environments supporting the people making healthy choices.” Michael reiterated that many of the Auckland’s problems are systems issues. “If you’re seeing every part of the population putting on weight or struggling to meet physical activity guidelines, it’s not an issue of individual behavioural choice. This is us responding to a system that pushes us in this direction. For consistent outcomes, we need to address the systems to change that.” Shane said the biggest problem Auckland faces with implementing more active travel comes back to road safety.THE QUARTERLY | PAGE 5Lucy’s 10 indicators of a Healthy Street, which London mayor Sadiq Khan has endorsed, are:`` Everyone feels welcome to walk,spend time and engage with other people. This is necessary to keep us all healthy through physical activity and social interaction.`` People choose to walk, cycle and usepublic transport as the most attractive option – which means making driving and parking less convenient for some trips. We all need to build regular activity into our daily routine, and the most effective way is to walk or cycle for short trips as part of longer public transport trips. People will choose to walk and cycle if these are the most attractive options and more appealing than private car use.`` Not too noisy – Reducing thenoise from road traffic creates an environment in which people are willing to spend time and interact. Noise from road traffic impacts on our health and well-being in many ways, making streets stressful for people living and working on them.`` People feel safe – Motorised roadtransport can make people feel unsafe on foot or bicycle, especially if drivers are travelling too fast or not giving them enough space, time or attention. Managing how people drive so people feel safe walking and cycling is vital. People also need to feel safe from antisocial behaviour, unwanted attention, violence and intimidation. Street lighting and layout – eyes on the street – from overlooking buildings and other people using the street can all help contribute to the sense of safety.`` Clean air - Air quality has an impacton everyone’s health but it particularly impacts the most vulnerable and disadvantaged people in the community – children, elderly and people who already have health problems. Reducing air pollution benefits us all and helps to reduce unfair health inequalities.`` Things to see and do - Streetenvironments need to be visually appealing to those out walking and cycling. They need to provide reasons for people to use them, with localPAGE 6 | QUARTER THREE 2018shops and services, opportunities to interact with art, nature and other people.`` People feel relaxed - The streetenvironment can make us feel anxious – if it is dirty and noisy, if it feels unsafe, if we don’t have enough space, if we are unsure where to go or we can’t easily get to where we want to. All of these factors are important for making our streets welcoming and attractive for walking, cycling and spending time in.`` Places to stop and rest - Seating isessential for creating environments that are inclusive for everyone as well as making streets welcoming places.`` Shade and shelter - Shade andshelter come in many forms – trees, awnings, colonnades – and they are needed to ensure that everyone can use the street, whatever the weather. Shade and shelter create a healthy environment, encouraging people out onto the street, socialising, in any weather.`` Easy to cross - This is importantbecause people prefer to be able to get where they want to go directly and quickly, so if we make that difficult for them they will get frustrated and give up. This is called ‘severance’ and it has real impacts on our health, communities and businesses. It is not just physical barriers and lack of safe crossing points that cause severance, it’s fast moving traffic, too.If you’re finding your local shopping strip is becoming inconvenient for driving and parking, steel yourself. Changes are afoot around the city to make it more attractive for pedestrians and cyclists.THE QUARTERLY | PAGE 7What’s Happening In The Market?PAGE 8 | QUARTER THREE 2018Local Market Wrap This quarter has confirmed – as if we needed further proof – that the market has softened in terms of sales volumes. As far as values are concerned, at worst you could say that medians have stalled. Having that said, good properties are still achieving great, even record prices in all the suburbs we operate in. The silver lining to this downturn in volume is that, those vendors who have come to market in the last quarter with a great salesperson have enjoyed a much more favourable playing field with a lot less competition from other sellers who might not be correctly represented from a marketing point of view. And the genuine buyers are still out there... believe us.Average Days To Sell for Ray White Ponsonby THIS QUARTER21 AUCTION22SET DATE OF SALE48SALE BY NEGOTIATIONMedian Sale Price in Greater Ponsonby LAST 12 MONTHSWith fewer sales, competition has also hotted up amongst the agents and agencies. The result is that we have seen the ineffective and the inexperienced licensees leaving the industry, along with those smaller companies who are unable to provide the level of training and compliance demanded by the new market and regulatory environment. Not only do we now have one of the most experienced and highly trained group of agents in the country, they are backed by a formidable legal and marketing team. Collectively, this adds up to what we believe is an unbeatable package – a fact borne out by our continued expansion and our increased share of the Greater Ponsonby real estate market. In the auction room, too, we continue to have success, proving time and again that even in a depleted market place, a carefully planned marketing campaign ending in the controlled environment of a well-conducted auction gives our vendors the best chance they have of selling their property at the best price at that point in time – and even if it doesn’t sell under the hammer, statistics favour a sale soon after. The market has changed. No doubt about that. Ray White Damerell Group has reacted to this change by investing in its agents and providing them the on-going training and back up that is needed to succeed in what is are challenging times in the real estate industry.Gower Buchanan Ray White Damerell Group Director 09 376 2186 gower.buchanan@raywhite.comSimon Damerell Ray White Damerell Group Director 09 376 2186 simon.damerell@raywhite.comTHE QUARTERLY | PAGE 9In Your Neighbourhood Mt Albert One of Auckland’s earliest suburbs to be settled, Mt Albert has a contrasting stock of housing – from majestic villas high up on the slopes, to apartment blocks, down on the flat. Popular with families because of the size of its sections and the proximity of St Lukes shopping centre is a great bonus.Mt Albert Quarterly Stats Median PriceTotal Sales$1,137,5004631%27%8%last quarter8%last quartersame quarter last yearsame quarter last year$1,027,500$900,000$860,000$1,125,000$1,065,000$1,080,000$1,230,000$1,030,000$1,055,500$1,315,000$1,125,000$865,800$1,137,500Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017Q2 2017Q3 2017Q4 2017Q1 2018Q2 2018Q3 2018$965,000Q3 2015Q2 2015$910,500$735,444 Q1 2014$810,000$746,000 Q4 2013Q1 2015$702,000 Q3 2013$777,800$739,000 Q2 2013Q4 2014$581,500 Q1 2013Q3 2014$566,000 Q4 2012$717,000$670,000 Q3 2012Q2 2014$613,500 Q2 2012Median Value10487868010710190708071105668692714781644943675051576346Q2 2012Q3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 2014Q1 2015Q2 2015Q3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017Q2 2017Q3 2017Q4 2017Q1 2018Q2 2018Q3 2018Total SalesPlease note: The prices in this booklet are from our knowledge of sales that have occurred over the past three months. Not all published sales have been made by Ray White Damerell Group Ltd and as such we cannot guarantee total accuracy of information despite our obvious best efforts. The methodology of capturing the sales price and volume statistics is exactly the same every quarter, so as to ensure long term accuracy
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