If you are planning on buying or selling a home in Otahuhu, enlisting the services of a real estate agent will prove invaluable in providing excellent customer service and guidance throughout the process.
An excellent real estate agent can save both time and money during a transaction. Their knowledge of the market allows them to negotiate the highest possible price for your property.
It is a popular suburb for first-time homebuyers
Real estate markets can be challenging, yet some areas are offering better opportunities than others for first-time buyers. By conducting some research and seeking guidance from an experienced agent in your locality, it may be possible to find your perfect home at a price much more reasonable than you imagined possible.
First-time buyers tend to favor suburbs that are close to amenities, including shops, schools and public transport. Furthermore, these neighborhoods tend to feature low crime rates with good schools that promote community spirit.
Last year in Otahuhu alone, first-home buyers purchased over 2,000 houses at 37% of all sales; accounting for 37 of all transactions and paying an average price of $708,000. Though Otahuhu has been severely impacted by an underperforming Auckland housing market, Sam Steele from Ray White Otahuhu believes things have started to improve and opportunities now exist for first-time homebuyers who wish to make an entry.
Glen Eden is another popular suburb for first-time homebuyers, due to its strong economy and closeness to Auckland. In fact, Glen Eden boasts the fourth-highest share of first home buyers in New Zealand.
Other first-home buyers seek areas close to work. Bolton states this decision often depends on where major businesses and primary schools are situated, as well as their proximity. He notes the growing trend among people returning to city centres as places of employment; something Bolton expects will only continue.
CoreLogic chief economist Kelvin Davidson predicts this could have an immediate effect on house prices over time. According to him, areas further away from the CBD with mixed business/residential land rezoned could see less price drops over the coming years.
Beach Haven boasts an intimate village atmosphere, making it a great option for first-time homebuyers and young families. There is also a strong community spirit and ferry service connecting to New York City that allows commuters to reach work easily while remaining close to home.
It is a great place to raise a family
Otahuhu is an ideal location for families with young children, offering plenty of daycare facilities and other amenities that make parenting simpler. Plus, Otahuhu boasts many parks and green spaces where families can go outside and have fun together!
Otahuhu boasts one of Auckland’s largest shopping centres, making it the ideal location to browse fashion and retail trends. Furthermore, this center is conveniently close to the Southern Motorway for easy travel around town.
Otahuhu stands out as an ideal place to raise a family due to its excellent educational infrastructure, featuring some of the top schools such as King’s College. Renowned for its comprehensive curriculum and dedicated teachers, King’s College makes for a fantastic choice when searching for high-quality learning environments.
If you are purchasing or selling property in Otahuhu, it is vitally important that you work with an agent who understands the local market. An experienced agent will ensure you receive the maximum price for your home while also being there as an invaluable guide through the buying/selling process – something not always easy for first time sellers!
It is a great place to invest
Otahuhu is one of Auckland’s oldest suburbs and offers an exciting and diverse community experience. Established in 1849, it has grown from humble beginnings into an exciting hub. Boasting palm-lined main streets lined with cobblestones and boasting some of the best ethnic restaurants in Auckland as well as its weekly Thursday market that draws people from all around town, Otahuhu makes an excellent home.
Otahuhu boasts a vibrant real estate market and makes an excellent first-time purchase location. Close to the city centre, Otahuhu has excellent bus links and boasts a diverse selection of shopping opportunities. Plus it provides ample opportunity for families looking for schools and daycare facilities!
When purchasing or selling property in Otahuhu, it is imperative that you work with an experienced real estate agent. Working with such an agent will enable you to navigate the market effectively and obtain the highest price for your home; as well as be up-to-date with latest trends and regulations of real estate industry and provide useful local knowledge enabling them to find you your perfect property!
Ray White Otahuhu offers superior buyer and seller assistance, and their customer service is outstanding. Their agents possess years of real estate experience and can work effectively with individuals from diverse backgrounds and ethnicities, while they can also assist buyers or sellers looking for anything from bungalows with character to modern homes with waterfront locations in Otahuhu.