Papamoa

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Papamoa Property Trends

Location: Papamoa (off Domain Road)

Property Summary:

Locality:       In the vicinity of Domain Road, one block from the beach.
                    Surrounded by 1980’s dwellings and home units.

Site:             840m2 that would not be subdivided with this large house
                    on site.

Dwelling:     A large (over 300m2) 1980’s home. Good quality and well
                    presented but with no special appeal.

Year

Valuation
$

Annual Movements %

Total Movement
%

2009 620,000 -4.6 175
2008 650,000 -  
2007 650,000 8  
2006 600,000 -  
2005 600,000 14
2004 525,000 25  
2003 420,000 10
2002 380,000 9  
2001 350,000 0

2000

350,000 -3

 

1999

360,000 4

1998

345,000 2.5  

1997

335,000 8

1996

310,000 7  

1995

290,000 7

1994

270,000 6  

1993

255,000 4

1992

245,000 4  

1991

235,000 4

1990

225,000 -  

 

 

 

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Location:   Papamoa (Central)

Property Summary:

Locality:       A 1980’s subdivision of generally lower priced housing in
                    Central Papamoa.  Two blocks from the beach.

Site:             Small rear site not capable of subdivision

Dwelling:     85m² low cost house with established site development

Year

Valuation
$

Annual Movements %

Total Movement
%

2009 295,000 - 268
2008 295,000 3  
2007 285,000 23  
2006 230,000 -  
2005 230,000 12
2004 205,000 14  
2003 180,000 33
2002 135,000 0  
2001 135,000 -6

2000

145,000 -6

 

1999

155,000 0

1998

155,000 3  

1997

150,000 15

1996

130,000 13  

1995

115,000 15

1994

100,000 5  

1993

95,000 6

1992

90,000 8  

1991

83,000 4

1990

80,000    

 

 

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Location:   Papamoa (Distant)

Property Summary:

Locality:       Simpson Road is one block back from the beach and
                    includes a range of houses from baches to larger family
                    homes.

Site:             A small corner section

Dwelling:     A small three bedroom home plus garage in good order.
                    An ideal first home.

 

Year

Valuation
$

Annual Movements %

Total Movement
%

2009 300,000 -9 194
2008 330,000 -  
2007 360,000 9  
2006 330,000 -  
2005 330,000 50
2004 220,000 26  
2003 175,000 0
2002 175,000 6  
2001 165,000 -2

2000

168,000 -4

 

1999

175,000 2

1998

172,000 -2  

1997

175,000 9

1996

160,000 7  

1995

150,000 15

1994

130,000 13  

1993

115,000 5

1992

110,000 4  

1991

108,000 5

1990

102,000 -  

 

 

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