Real estate boss describes the region’s market as "healthy"
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A report from real estate firm Century 21 NZ revealed that North Waikato is becoming increasingly popular in the housing market.
Derryn Mayne, owner of Century 21 New Zealand, said Waikato’s real estate market is healthy and driven by continuous growth in median house prices and good sales volumes.
“Century 21 Rural & Residential is one of our strongest offices nationwide, with Huntly enjoying ongoing success this year,” she said. “There’s also plenty to look forward to when you consider the underlying strength of North Waikato’s real estate market, large regional projects coming on stream, and the whole area increasingly popular.”
Read more: Real estate firm sees “favourable conditions” boosting the market this summer
Mayne also noted that more and more people are becoming more interested in Waikato for better employment opportunities – and even lifestyle changes.
Barbara Craig, one of the franchise owners of Century 21 in Huntly, said the town’s real estate activity significantly increased in the “last year or two,” with rentals in and around it becoming scarcer.
“Let’s just say if anyone has rental property, we could sure rent it out for a good return. In fact, rents in Huntly appear to be higher than Hamilton in many cases. A few years back we could never have imagined just how popular little old Huntly would become, but we’ll take it with open arms! It’s an exciting time,” she said.
