Market View - Auckland lifestyle
The lifestyle sales market is closely watching the effects of a wet and wild winter, and prospective purchasers are increasingly enquiring about innovations that will mitigate the impact of climate change.
The lifestyle sales market is closely watching the effects of a wet and wild winter, and prospective purchasers are increasingly enquiring about innovations that will mitigate the impact of climate change.
Catching recent rain and making it last through summer is front of mind for many lifestyle property owners and given a heavy reliance on tank water for the rural and lifestyle sector, properties with access to a bore, or irrigation systems are proving popular with purchasers.
Being amongst some of the best in the country in terms of drainage, soil quality and location, lifestyle properties across the Auckland region are at a lesser risk than counterparts further down the island. However, buyers across the market are waking quickly to the benefits of practices that safeguard their investments.
Properties with improved drainage systems, and naturally well-located land sites have noted an uptick in enquiry this winter, and our salespeople expect a continuation of the trend with a growing emphasis on climate-friendly energy solutions such as solar capability and rainwater recycling this spring and summer.
It’s pleasing to see Kiwis, particularly lifestyle property owners, proactively managing their climate change objectives. Property upgrades that modernise will have an increasing effect on property values as lifestyle properties become more efficient across the region.
Suburb Spotlight: Mauku
Steeped in agricultural history, Mauku sits within Auckland’s Franklin District between the Manukau Harbour and the Waikato River. Some 10 kilometres west of Pukekohe with a foot across the Auckland/Waikato boundary, this desirable community boasts some of the best growing soils in the region. Homes here are primarily located on large lifestyle properties netting a median sale value of $2 million. The local school and village centre serve a growing population, and there are more comprehensive amenities in thriving Pukekohe.
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