Papamoa

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	-

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

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	-

Papamoa Property Trends