Property sales in Northland had a huge boost in January, according to data from the Real Estate Institute of NZ (Reinz). The average sale price for Te Tai Tokerau was $762,000 for the month, a massive 21 per cent up on December 2023 - the highest monthly increase in the country - and 10.8 per cent up in a year. Reinz chief executive Jen Baird said first-home buyers and owner-occupiers are the most active buyers in the region, with others waiting to see how the new Government’s policies will affect the economy. The increase was driven by sales in Kaipara, where the average price of $995,000 was a massive 78 per cent up on the month prior. Far North sales averaged $790,000 (up 63 per cent) and Whangārei averaged $720,000 (up 9.4 per cent).
Broadband boost
More than 650 extra homes and businesses in Northland will get fibre broadband in Chorus’ network expansion. Kāeo, Moerewa, Tinopai, Kerikeri and Springs Flat are part of the expansion funded by Chorus, which covers 59 communities nationwide. The company says in homes with its fibre, families use an average of 600GB of data each month, highlighting the robust appetite for digital content and reliable connectivity.
Bus service extended
CityLink Whangārei’s Route 3 bus service from Tikipunga via Kamo has been extended by 1.8km at the public’s request. The extended route goes down Corks Rd, Wairau Dr, Lake Dr and back on to Wairau Dr, with four new bus stops on the route.
