City Sales

Leaky apartments are often the best sellers at auction but they are selling for savagely discounted prices

Leaky apartments are often the best sellers at auction but they are selling for savagely discounted prices

A 71% sales rate overall at Auckland housing auctions but things were slower at the apartment auctions

A 71% sales rate overall at Auckland housing auctions but things were slower at the apartment auctions

With hundreds of fixed term rental agreements on Auckland CBD apartments about to expire, investors are worried about the potential for rising vacancy levels and falling rents

With hundreds of fixed term rental agreements on Auckland CBD apartments about to expire, investors are worried about the potential for rising vacancy levels and falling rents

Leasehold units were top sellers at recent apartment auctions but they went for rock bottom prices while art deco apartment fetched top dollar

Leasehold units were top sellers at recent apartment auctions but they went for rock bottom prices while art deco apartment fetched top dollar

Apartments with remediation issues are fetching particularly low prices - one sold for just $35,000 while another with a declared reserve of just one dollar was passed in

Apartments with remediation issues are fetching particularly low prices - one sold for just $35,000 while another with a declared reserve of just one dollar was passed in

There was no shortage of bids at the latest Auckland apartment auctions but buyers were very cautious on price

There was no shortage of bids at the latest Auckland apartment auctions but buyers were very cautious on price

At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation

At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation

Property auction activity is showing the first signs of life but it's still hard to pick what's happening with prices

Property auction activity is showing the first signs of life but it's still hard to pick what's happening with prices

Real estate agents in self isolation means no open homes, no auctions and no property viewings or inspections, bringing the property market to a grinding halt

Real estate agents in self isolation means no open homes, no auctions and no property viewings or inspections, bringing the property market to a grinding halt

Bidding at the latest Auckland apartment auctions was some of the most spirited that interest.co.nz has seen since the pre-2017 boom

Bidding at the latest Auckland apartment auctions was some of the most spirited that interest.co.nz has seen since the pre-2017 boom

Greg Ninness discovers that the devil's in the detail of new scheme to help newbies onto the investment property ladder

Greg Ninness discovers that the devil's in the detail of new scheme to help newbies onto the investment property ladder

There were plenty of buyers and they weren't afraid to bid but in most cases they had a different view on value to the vendors and few sold under the hammer at the latest apartment auctions

There were plenty of buyers and they weren't afraid to bid but in most cases they had a different view on value to the vendors and few sold under the hammer at the latest apartment auctions

There were plenty of potential buyers but not many sales at the latest Auckland apartment auctions

There were plenty of potential buyers but not many sales at the latest Auckland apartment auctions

Hard to value Auckland waterfront apartment with two car parks sells for $84,000

Hard to value Auckland waterfront apartment with two car parks sells for $84,000

Harbourside apartment in Auckland's Central Business District sells for $20,000, but there was a catch or two

Harbourside apartment in Auckland's Central Business District sells for $20,000, but there was a catch or two