The Wanaka real estate market is defying traditional seasonal expectations with remarkable resilience. May 2024 recorded 41 house sales—the highest turnover since March—during what's typically considered a quiet "shoulder season" before winter visitors arrive. With median house prices holding steady at $1,440,000 and 21 land sales completing at a median of $675,000, the market shows solid fundamentals despite broader economic pressures. Duncan Good from Ray White Wanaka shares valuable...

The Wanaka property market is showing impressive signs of revival, with April 2023 delivering the highest number of house sales since March last year. This surprising surge comes at a typically quieter seasonal period, suggesting deeper market dynamics are at play beyond the usual patterns. Duncan Good unpacks the numbers behind April's performance: a substantial 44 house sales, complemented by 17 section sales, 7 lifestyle blocks, and 5 apartments – totaling 73 property transactions f...

Lower interest rates are breathing fresh life into Wanaka's real estate market, with the fourth consecutive OCR drop creating a significant boost in buyer confidence. Our latest market analysis reveals 36 local property sales in March, maintaining a healthy median price of $1,475,000 – remarkable stability in what continues to be a globally uncertain economic climate. What truly sets Wanaka apart is its proven resilience during turbulent times. While international conflicts rage, stock marke...

The ebb and flow of Wanaka's real estate market takes center stage as Duncan Good unpacks February's performance metrics and shares fascinating insights from his recent experience at the LBD World Championships of auctioneering. Fresh from an intense competition where auctioneers face deliberately complex bidding sequences—"a combination of math, poetry and stage presence"—Duncan breaks down how these high-pressure events sharpen the skills that drive successful property sales back home. The...

Can the Wanaka real estate market continue its upward trajectory, or are we on the brink of another unexpected turn? Our latest episode of the Goods on Real Estate podcast promises to equip you with insights into the booming property scene as we enter 2025. You'll hear from Duncan Good of Ray White, Wanaka, and host Brent Harbour, as they dissect the remarkable 33% rise in house sales this January, the highest since 2021. They explore the stable median house price of $1,365,000, the expanding...

Unlock the potential of your property investments with insights from Duncan Good of Ray White Wanaka on the Goods on Real Estate podcast. Curious about how the revised Residential Tenancies Act could impact you whether you're a landlord or a tenant? We promise to shed light on the shortened 42-day notice period for terminating periodic tenancies, down from 90 days, and what it means for the fast-paced property market. This change could be a game-changer for property owners and buyers, especia...

Discover the revival of Wanaka's real estate market with expert insights from Duncan Good of Ray White Wanaka. Witness how the market's rollercoaster year ended on a high note, as we reveal the secrets behind a striking 11% surge in median house prices. Duncan and host Brent Harbour, explore the factors contributing to this momentum shift, including the effects of reduced interest rates and increased overseas inquiries, while making bold predictions for what 2025 might hold. https...

What if the real estate market could shift from challenging to promising within a year? Join us on the Goods on Real Estate podcast as we explore how Wanaka's property landscape transformed in 2024. With Duncan Good from Ray White, Wanaka, and your host, Brent Harbour, we analyze the remarkable changes from an oversupply that initially favored buyers to a more balanced market, thanks to interest rate reductions and renewed buyer confidence. November's statistics reveal a booming sales volume ...

Discover how to climb the property ladder with minimal risk as we uncover the strategic advantages of subject to sale offers in the current real estate market. With insights from Duncan Good of Ray White Wanaka, we promise to reveal how buyers can leverage this flexible option to navigate transactions without the pressure of selling existing properties at unfavorable prices. As the market becomes more competitive, the opportunity to purchase subject to sale may be fleeting, making this discus...

Discover the heartbeat of Wanaka's vibrant business and real estate scenes as we chat with Duncan Good from Ray White. As the emcee of the Wanaka Business Awards, Duncan provides an insider's glimpse into the joyous celebration of innovation and achievement in the local community. From acknowledging pioneering newcomers to honoring stalwarts like Rippon and Wastebusters, Duncan paints a vivid picture of the unique awards crafted from local schist, embodying the spirit of Central Otago. Switc...

What if the gap between asking and selling prices in the real estate market is not just a blip but a reflection of deeper market mechanics? Join us as Duncan Good from Ray White Wanaka shares his sharp insights on the fluctuations in vendor expectations versus actual market realities, especially in the picturesque Wanaka region. Drawing from his engineering background, Duncan dissects the market's control systems and offers a unique perspective on why these price gaps occur and how they can b...

Join us as we explore the nuances of purchasing pre-title land sections and the impact of recent OCR cut. Duncan offers expert advice for buyers on evaluating current market standings and emphasizes the importance of professional guidance. Sellers will also benefit from strategies on early planning and preparation to navigate Wanaka's dynamic market. Whether buying or selling, this episode equips you with the knowledge to approach your real estate endeavors with confidence and insight....

Are high-end property sales in Wanaka facing a downturn? Join us to uncover the latest trends as we sit down with Duncan Good from Ray White Wanaka to analyze the current state of the luxury real estate market. You'll gain insights into why residential house sales in the $4 million-plus category have dropped in volume despite an increase in average sale prices. We explore the factors contributing to longer market times and the continuing appeal of lake views and large properties for discernin...

Can the Wanaka real estate market really be your next big investment opportunity? We've got "The Goods on Real Estate" Join us as we sit down with Duncan Good, co-owner of Ray White Wanaka, who shares compelling data and personal insights on the latest property trends in this quaint yet bustling New Zealand town. With confidence returning to the market, Duncan delves into the surge in buyer interest following a quiet spell, highlighting why now might be the perfect time to buy at today’...