Keen investors and first-home buyers are among those who have lifted New Lynn's real estate profile during the holiday period.
Sales agents report a buoyant market during what is traditionally a quiet period, with new listings selling quickly and many long-standing listings attracting serious offers.
Investors are seeking out the
higher-priced townhouses and new homes, while first-home buyers and young families moving in and around the area prefer the character bungalows, which offer them the chance to update and create a home that'll suit their long-term family needs.
New Lynn's proximity to good schools, good shopping, excellent bus and rail transport and the improved Rosebank Rd access are key reasons for the increasingly cosmopolitan flavour of the suburb, which has been dubbed "the hub of the west".
Prices are reported to be stable across the mix of housing styles, and agents expect them to remain so in the foreseeable future.
Older homes on full sites range from do-ups starting at $150,000 to smart three-bedroom character bungalows for up to $190,000.
Stand-alone townhouses built on subdivided sections and those in developments such as Seabrook Ave and Copplestone Ave range from the low to high $200,000s. A typical new three/four-bedroom house with an en suite is likely to fetch between $225,000 and $255,000.
