Articles by Team Turley & Co

BayBuzz Magazine Articles by Turley & Co 

Pat Turley and colleagues since 2018 are occasionally volunteer contributors to Hawke’s Bay’s:

 

 

 

News posts Turley & Co News + Property Market Reports and articles following:

Renaissance of Paharakeke/ Flaxmere | Feb 20

Paharakeke (Flaxmere) was born in 1967. The plan for a new satellite suburb 7 km to the west of Hastings’ centre was a long time in the making, and civic leaders promised much, though considerably underdelivered …

Flaxmere West’s rate of homeownership is very modest, and stiff market rents often mean that multiple families occupy tiny houses. The property values uplift story coincides with a high rents’ underbelly …

www.baybuzz.co.nz/2020/02/01/the-renaissance-of-paharakeke-flaxmere


Coastal Property Values Reflect Climate Change | Dec 19

Recently Hohepa decided its low-lying land is increasingly unsafe due to more regular severe flooding, and that retreat is prudent for its 60 residents. The Hohepa relocation to Poraiti will take five years and is budgeted at $10.5 million …

The rate of value growth for relatively scarce Hawke’s Bay beachfront property has generally not – as might have been be expected – outperformed more abundant inland competitors …

www.baybuzz.co.nz/2019/12/01/coastal-property-values-reflect-climate-change


The Value of Urban Trees | Jun 19

University of Washington research indicates larger trees on residential properties, as well as street trees, can add 3-15% to market values. Homes adjacent to “naturalistic parks and open spaces” transact at 8-20% greater market value than homes not near trees …

www.baybuzz.co.nz/2019/06/01/the-value-of-urban-trees


The Value of Trees | Apr 19

Notable and heritage trees are many decades in the making and not easily replicated, unlike reinstating a destroyed building. When felled, these trees often leave a hole environmentally and socially, that is not easily backfilled …

www.baybuzz.co.nz/2019/04/01/the-value-of-trees


CBDs Are Social Centres | A Hastings CBD History | Dec 18

CBDs, like shopping centres, require format and design adjustments to remain current,
relevant and successful. Competitive pressures are significant, and when it comes to town places, people generally vote with their feet, and businesses follow …

The silver-lining is Hastings District Council is looking at the CBD and rethinking what might work best for the future …

www.baybuzz.co.nz/2018/12/01/cbds-are-social-centres


10 Years Since GFC … Property Values in 2028 … | Oct 18

The digital tide is surging. Rapidly advancing digital technologies will continue to affect how retail, office, and industrial property is used and competitively leveraged …

Hawke’s Bay’s industrial property sector by 2017 was the strongest it had been in decades.  Hastings District building consents jumped 18% from $77m in 2014-15 to $91m in 2016-17 …

www.baybuzz.co.nz/2018/10/01/property-values-in-2028-an-economic-barometer


The Ruataniwha Roars | CHB Boom | Jun 18

Now, after more than five years of painful suspense over the proposed water storage scheme, the Ruataniwha is clearly awakened. The CHB economy is roaring …

www.baybuzz.co.nz/2018/08/01/the-ruataniwha-roars