New Zealand house prices
I'm not sure how these compare to Australia, and I'd be interested to know - one of these houses has just sold for $12.25 million. Can you guess which one?
For anyone that is aware of NZ locations , the beach is Mount Maunganui , which is one of our premiere beach resorts, but it isn't in a main city or similar. Some people call it New Zealand's Gold Coast, and it is very nice, but personally I wouldn't go that far.
Guesses as to which one it is?
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last yearIt was an estate sale with an elderly owner , described as needing some work . . . .
By the way , the place to the right is apparently worth around $10mil more than that . . . . . . .User
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last year
This is a picture pointing back from the beach . Basically , it would be difficult to leave the existing house there , as it would get no view , but also it looks like it would struggle to get vehicles past it ( or a driveway if you want to get 2 or more seperate titles .I have no idea on the rules , but the new purchaser may be able to do say 2 units wide , and 2 more ( with terraces etc ) above , maybe even go to a 3rd level , but then the units would be 'deep' and pretty dark , and then would you have a row of garages across at ground level ?
Anyway , I'll keep a mildly interested eye on what happens and maybe learn something , but at this stage I struggle to see how or even why you'd pay this amount , with the possible exception of doing a huge no-expense spared house and hope to get your costs back at some stage in the future . Anyway , not my problem haha .User
last yearA couple of kilometres north of this property is 'downtown' The Mount ( Mount Maunganui ) . Maunga means mountain in Maori .
One guy who owns a holiday home at the Mount is a well known New Zealander called Gareth Morgan -- he's worth a few hundred million , he gives lots of money away ( a philanthropist ) , and is a well known supporter of the arts .
In his garden he has these ( the number varies , apparently he moves them around !
And his dog appears on one of the terraces . . . . . .
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macyjean