During 2021, the housing market was dominated by consistent house price increases which saw the regional median sale price peak in Taranaki. As the year ended, prices were still on the rise with the latest Real Estate Institute figures showing Taranaki’s median price increased by 26.2% annually to a high of $626,100 in November 2021.

If you’re looking to subdivide your land for sale then you will be aware that there is a long road ahead. Understanding the subdivision process is important, especially if you’re after the best price possible for your land and want to have everything in order before taking it to market. No matter whether you’re a seasoned veteran at subdividing or a first-time seller the process is the same, and we often see people fall into the same typical traps regardless.

There’s something exciting about building a brand new home in a new subdivision. It gives you the chance to be part of a new neighbourhood with new surroundings in a home that you’ve had input in from the ground up. With more housing needed all over Taranaki, we are seeing an increase in new subdivisions starting to pop up on the outskirts, and in the centres, of our local townships. These new developments not only include newly built homes but also walkways, playgrounds and in some cases even commercial buildings are built to service the newly developed communities.

The term seller’s market has been thrown around a lot in recent months, but what exactly does it mean? A seller’s market arises when demand exceeds supply. In other words, this means that there are many interested buyers, but the number of houses on the market remains low. With fewer homes available, sellers are at an advantage, therefore, making it a seller’s market.

Houses are not only selling for record prices at the moment but they are also sitting on the market for fewer days than the 10-year average. The property market is very much a seller’s market, and as we head into Spring, this is where house sales typically reach their most intensive period of the year. But even though more houses may be entering the market in the next few months this doesn’t mean it’s a bad time to list. There are a lot of buyers looking for their dream home and yours could be the perfect property!

The iconic seaside village, Ōakura is located a short 15-minute drive from New Plymouth along surf highway 45 and is known amongst the locals as a quiet surfer’s community. With a population of 1,600 residents, this desirable coastal township boasts a relaxed and chilled living environment with a mix of stress-free baches and million-dollar-plus beach houses.

Located in South Taranaki, Hāwera is the second largest township in Taranaki. Featuring the stunning snow-capped mountain as a backdrop, Hāwera is just one hour from New Plymouth, approximately one hour from Whanganui and a mere 30 min drive from Mt Taranaki.

Opunake is a town that lies within the territory of South Taranaki, located 64km South/West of New Plymouth. Enjoy the 1-hour drive between Taranaki’s main city (New Plymouth) and Opunake by soaking up the breathtaking scenic views along Surf Highway 45. This popular surf/beach town is sure to draw you in with its range of local treasures, including its stunning cliff top walkway, boutique cinema and its range of delicious cafes that include great coffee, and of course the famous local surf beach.

Located just off State Highway 3, 15 kilometres northeast of New Plymouth, Waitara was most recently put on the map after TV Three’s docu-series Taranaki Hard, which shone a light on the small Taranaki town.

Eltham is a small inland town located in South Taranaki, 50km from New Plymouth and just 20km north of Hawera. Known as a town of industrial firsts, it was initially put on the map when it was made home to New Zealand’s first commercial butter factory. The Jubilee Dairy Factory, also known as the ‘Milky Way’, made and exported New Zealand’s first classic pound of butter in 1887. Today Eltham is more commonly known not only for its strong dairy farming industry but also for its award-winning innovative industry. With dairy farming holding a strong presence, cheese manufacturing, engineering and meatworks are all part of what makes this township a place that brings a range of jobs and opportunities.