Glenfield

By ROBYN WELSH

Glenfield residents aren't looking further than their own suburb for residential investment. Many of these investors are young, self-employed people, specialising in light industry.

The rental market is also buoyant and there's loyalty among residents trading up within the area, rather than moving to nearby Takapuna and Milford.

Glenfield's revitalised shopping centre, the adjacent community centre facilities, its proximity to the city and the Kapatiki Bridge link to Beach Haven are some of the reasons for the popularity of this buoyant area.

Glenfield has a range of properties, including first-home do-ups, priced from $150,000 to $200,000, and top-of-the-market homes with views to Rangitoto Island, priced in the $300,000 to $400,000-plus bracket.

The low $200,000s buys a basic three-bedroom home, while a good-sized family home on a full site with a modern kitchen is typical of what sells in the $220,000 to $240,000 price range.

As a result, Glenfield is popular among migrant families from Croatia, Macedonia, Asia and South Africa who are stepping up from rental accommodation.