Ray White City Apartments
Leaky apartments are often the best sellers at auction but they are selling for savagely discounted prices
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Leaky apartments are often the best sellers at auction but they are selling for savagely discounted prices
The average auction sales rate has increased despite the onset of winter
Sales rate of 89% at Auckland apartment auction with investors and owner-occupiers both showing more interest
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Sales rate of 89% at Auckland apartment auction with investors and owner-occupiers both showing more interest
Better quality apartments in central Auckland haven't suffered the big price falls of their shoe-boxy cousins, but they generally haven't had big capital gains either
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Better quality apartments in central Auckland haven't suffered the big price falls of their shoe-boxy cousins, but they generally haven't had big capital gains either
The opening bid for a waterfront apartment in downtown Auckland was just $500 and it sold under the hammer for $5000
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The opening bid for a waterfront apartment in downtown Auckland was just $500 and it sold under the hammer for $5000
A 71% sales rate overall at Auckland housing auctions but things were slower at the apartment auctions
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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
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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
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Leasehold units were top sellers at recent apartment auctions but they went for rock bottom prices while art deco apartment fetched top dollar
Bargain basement prices for meth contaminated apartment and teeny weeny office suite at Auckland CBD auction
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Bargain basement prices for meth contaminated apartment and teeny weeny office suite at Auckland CBD auction
Sales achieved on 58% of the properties at auctions monitored by interest.co.nz
Eight out of 10 apartments passed in at auction suggests significant differences between vendors' and buyers' price expectations
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Eight out of 10 apartments passed in at auction suggests significant differences between vendors' and buyers' price expectations
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
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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
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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
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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
Auction numbers may still be low but there are plenty of bidders out there and properties are selling although results are mixed
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Auction numbers may still be low but there are plenty of bidders out there and properties are selling although results are mixed