Tikipunga pop­u­lar­ity shows in val­ues

Whangarei Report - - FRONT PAGE -

Re­tail­ers in Tikipunga aren't sur­prised their sub­urb is the fastest grow­ing area in the lat­est Oneroof Prop­erty Re­port fig­ures. The me­dian value of prop­er­ties in Tikipunga, Whanga¯ rei's largest res­i­den­tial sub­urb, grew 4.2 per cent in the sec­ond quar­ter of this year.

The growth re­flects the sub­urb's pop­u­lar­ity with buy­ers and the range of stock on of­fer.

Ann Stu­art, a hair­dresser at Shel­ley's Freestyle Hair De­sign in Tikipunga, has had a few new cus­tomers lately which she said was good for lo­cal busi­nesses. "Much of the pop­u­la­tion growth has to do with the To­tara Grove de­vel­op­ment which has also

pushed up traf­fic vol­umes. It will change the de­mo­graph­ics of this place."

Stu­art said Auck­lan­ders mov­ing north and re­tirees choos­ing to build in Tikipunga were also push­ing house prices up. New peo­ple mov­ing to Tikipunga and fre­quent­ing lo­cal busi­nesses were more no­tice­able in the past 12 months, she said.

The next high­est per­form­ing res­i­den­tial ar­eas in North­land were Dar­gav­ille, up 3.6 per cent, On­er­ahi, up 3.1 per cent, and Whangarei Heads, up 3 per cent.

Most towns in North­land en­joyed a lift in val­ues, two ar­eas ex­pe­ri­enc­ing dips over the three months to June 30 were Kaikohe (-2.3 per cent) and Kaitaia (-1.2 per cent). With re­newed eco­nomic fo­cus and new in­fra­struc­ture projects planned, it is likely growth will re­main steady.

Man­gawhai Heads re­mains the most ex­pen­sive sub­urb, with a me­dian value of $852,200 at the end of July.

Tikipunga hair­dresser Ann Stu­art has seen new clients thanks to growth in the area.

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