WHAT IS HAPPENING TO THE PROPERTY MARKET? Bumper Issue, packed with loads of new listings WHAT’S BEEN SELLING HOW TO MAKE THE BEST WINTER IMPRESSION Presenting your home for the best impact.

Welcome to issue Six October 2011

W hat a fantastic result with a real nail biter of a Rugby World Cup Final. Well done to all the All Blacks Team and management, you have really done us proud.

The Property market in Nelson is really gaining momentum with three of my newest listings having offers before the first open homes. Two have sold and have very happy buyers, but for every sale there is usually two or three serious buyers that are missing out on their dream home, and so therefore they are reacting faster with higher offers on the next home that takes their fancy. And so the supply and demand curve starts to rise. What does that mean? If you are a buyer, and you find that special home that you fall in love with, act fast and with a good offer, and hopefully you will be successful. 7 of my last 10 sales have been to Cantabrians and believe me, they are acting fast! For the last ten days, I have been on a “boys” trip to Fiordland, what beautiful scenery and huge mountains. (check out photo gallery section) If you ever have the chance to venture into that part of New Zealand, take it, it is simply stunning! In this issue I am showcasing even more stunning properties that are new to the market. Have a look, and if anything catches your eye, please click on the link and I’ll email you a copy of our comprehensive Property Information Memorandum (PIM) to you. Preview is the Registered Trademark of Bayleys Realty Group This e-Abode Preview is the newsletter of Greg Monahan Licensed Real Estate Agent REA-Act2008 Greg Monahan Lifestyle and Residential Property Specialist Bayleys Nelson 288 Trafalgar St Nelson, NZ +64 21 851 916 cell +64 3 546 9455 business greg.monahan@bayleys.co.nz www.gregmonahan.bayleys.co.nz

Skype name: gregmonahan

Viber contact: 021851916 Facebook: Greg Monahan - Bayleys Real Estate, Nelson, NZ

Cover photo: 112 Aldinga Avenue, Stoke

2 Te Ata Place, Atawhai

Relax and Enjoy

If sitting on your private deck, listening to the morning birdsong along with the subtle sounds of a babbling brook, then this is a home you really must see. Newly carpeted and redecorated throughout to a very tasteful standard, this modernised 1970’s two storey three bedroom home with internal garage offers modern living and a relaxing charm seldom found in houses of this price range. The makeover extended much further than just ‘paint and paper’, as it also finished off the garage and linked it to the house internally via the laundry. At the same time converting the old laundry space, to a separate downstairs toilet off the lounge, and just inside the also newly created entrance foyer. This is a lovely home in a desirable location and won’t be available for long. For more information click here

112 Aldinga Avenue, Stoke

Spacious and Stylish Family Living This charming four bedroom home and remote controlled double garage combines Mediterranean-influenced architecture with stunning street appeal. Surrounded by 727 square metres of manicured lawns, low maintenance bark gardens and a terracotta-tinted concrete brick courtyard, the northwest facing home enjoys all-day sun and views to the Barnicoat and Richmond ranges and the snow-capped peaks of the Western ranges. The property's location is immensely appealing. It is within walking distance of primary and intermediate schools and a college, with an adjacent three-pool swimming complex. The local shopping centre and two large supermarkets are within a two minute drive or a comfortable stroll. It is a five minute drive to the air-port and both Nelson city and Richmond are within ten minutes drive. For more information click here

436 Cissy Bay Rd, Hallam Cove, Marlborough Sounds

Tranquil Paradise Live the dream lifestyle with this modern eight year old, three bedroom home, located on the rise beside the foreshore, at one of the Marlborough Sounds more desirable locations. Boaties, fishers and divers will love the ability to boat on the safe internal waters of the 'sounds' and fishers' will revel in the closeness with which they can fish in open waters of the d'Urville fishery. This is your chance to own a low mainte-nance holiday or permanent dwelling, in one of the best spots in the bay...just look at the views! For more information click here

140 Mac’s Road, Hira

Privacy, Tranquility, Views, and a Stunning Masterpiece of a Home Supremely elevated, with views for miles and sun all day this 5 year old home is only 14 minutes from town. With three car garaging, very low section maintenance, and built to maximize an exceptional outlook to the north, this home will appeal to you if you’ve been looking for a state of the art dwelling in a location where you just wouldn’t expect to find it. The home offers flexible living options, with two of the bedrooms having stunning ensuites, with easy potential for a third ensuite if required. If you have teenage/university age children, or simply desire a low maintenance lifestyle set in absolute privacy then this must be on your list this weekend. RV $750,000 For more information click here

369 Wakefield Quay

Harbour-Side Captains Cottage From the days when ships were made of wood and men were made of iron, this cosy Capn's Cottage lay basking on our harbour's edge. Tucked below the rise out of the weather with her face to the sun she's been a calm and happy haven for over 140 years. Before 'The Cut', before the Lighthouse, before Fifeshire Rock received her second grounding, these timbers were already old and strong with lines pleasing to the eye. Her sloping cottage ceilings and quiet interiors welcome home the traveler to two double bedrooms aloft up a steep 'n narrow stairway, a third master below with its own WC and basin (no Frenchified ensuite 'ere Capn'), a warm timbered kitchen, a sunny lounge with formal dining and finally a commodious 'sauna-style' bathroom plus a ship-shape hideaway laundry. She's the perfect port o' call for sailors retiring from heav-ing decks, or wannabe lubbers who just can't say goodbye to the sod. Her auction is just days away so you'll have to step lively if she's the craft to take you through your next adventure. For more information click here

10 Werneth Ridge, Atawhai

Executive Living with Sweeping Bay Views This stunning, brand new architecturally designed 268 square metre, three bedroom home, with its clean, un-cluttered lines, superb proportions and subtle colour palette, reflects openness and light. Built on three levels to maximise the site, sun and views, it features generous indoor and outdoor entertaining areas, numerous glass doors and large windows to capitalise on the Breath-taking views. This home truly is an entertainer’s dream, with a very large lounge, kitchen and dining area that flows seam-lessly onto two outside courtyards, and one of two large balconies. This is a lovely, light and airy home, designed to make the most of Nelson’s superb outdoor lifestyle. The broad, unobstructed outlook extends across the Haven, Boulder Bank and lighthouse to the wide expanse of Tasman Bay and the sea beyond. It is simply stunning! For more information click here

10 Albert Road, Nelson

Location, Location, Location

This enchanting, two level four bedroom home, with its generous living and entertaining areas, two bath-rooms, three toilets, an enclosed carport and large single garage, is tucked into a rise in a quiet, sheltered setting. Its northwest facing position ensures the property enjoys all-day sun and views. The glorious outlook extends over gardens and trees to the waterfront, the Boulder Bank and lighthouse, with the wide expanse of Tasman Bay sweeping towards the snow-capped Western ranges, as they ex-tend to Separation Point. It is an ever-changing panorama of visiting ships, tourist vessels, yachts and pleasure craft, which can alter dramatically from a sunlit seascape to a spectacular Nelson sunset. click here for more info

114 Parautane Way, Nelson

An amazing reflection or your lifestyle

This stunning home is a haven of tranquillity and beauty. From the moment you step inside the sun-kissed entrance its warmth and welcoming embrace draws you on until you're standing at the living room window gazing out over the valley below, and to the sea and ranges on the horizon. The view is ever-changing and it's as enchanting at night as it is by day. Set on 2.7 ha, the land is virtually maintenance-free and falls away on three sides to protect your outlook for all time. Outdoor living steps out from several parts of the home and the flow makes this a brilliant entertainer. The kitchen is an absolute delight but is simply representative of the overall quality of this special residence. For more information click here

7 Cambria St, Nelson Own Your Own Life in Your Gorgeous Cambria House B and B Today we present a rare opportunity to drive your own destiny in a spacious gracious landmark Nelson residence now beautifully crafted into a discreet live-in premier B & B just four minutes amble from the CBD. As economic cycles come and go you'll be busy through Nelson's famous spring, summer and autumn seasons and then off for a well earned prolonged holiday over winter. Romantic owner's rooms upstairs above six luxuriously appointed double bedrooms, dining, office, farm-house kitchen and lounge rooms below. Sold as a well known and favoured going-concern with repeat and forward bookings filling fast, Cambria House may be your best chance in years to get off the corporate ladder or out of whatever you're doing now into a new life style with total control of your own future. For more information click here

Blue Chip Princes Drive, Nelson Bay Side High Life An unassailable blue-chip site on the Port Hills above Tasman Bay with the treasury of Nelson’s famous water-front are laid at your feet. For your pleasure a sweeping vista gathering everything between Tahunanui Beach and the Light House on the longest boulder-Bank on earth, each day heralded by magic sunrise, topped with every glorious sunset. Turn-key convenience and the assurance of a fully modernised feature-rich home for the aspirational. Three bedrooms (all with water views), two bathrooms (master ensuite), For more info on this property click here

8 Hunter Avenue, Richmond

Crafted Character Excellence in a Modern Home Irresistibly pretty and enjoying a great position within close walking distance to town, this charming home offers soft natural tones, polished timber floors, and generous use of timber throughout, giving this home its modern-classic look and feel. The smart kitchen with modern appliances blends beautifully with the dining area and open plan lounge. A generously sized second living area (even a rainy day is enjoyable here) flows easily to the sheltered and sunny courtyard. An added bonus is the separate and spacious study attached to the garage with French doors opening to the enclosed back garden. The garden, while beautiful at any time of the year, is incredibly easy to care for and the wonderful sense of style and good taste you see around you as you approach the front door is certainly reflected on the in-side too. For more information click here

Lots 1 - 8 , Wairangi Bay, Marlborough Sounds A place where dreams can be made to come true. Once in a while, and not very often, you get an opportunity to craft your dream setting, your dream bach or holiday home, from a clean slate. This is one of those opportunities! On the gently sloping flats, at the head of Wairangi Bay in the Croisilles Harbour, there are now available for the first time, eight very generously sized sections available for you to purchase and build your dream holiday home. The access road to Wairangi Bay is excellent, each section has fantastic vistas of the bay, Power water and telephone will be to the sites. Don’t miss this opportunity to create your dream in paradise. Lot 1 - 7163m², Lot 2 - 7313m², Lot 3 - 6629m², Lot 4 - 6678m², Lot 5 - 7592m², Lot 6 - 9223m², Lot 7-8846m², Lot 8 - 2.3454ha For more information and price on each lot, please click here

54 Coster Street, Stoke, Nelson

Not Desperate, But Most Definitely Motivated While this has been a fantastic family home for our vendors, and they've created many very happy family memories here, it's now surplus to their requirements. While they're prepared to walk away from exception-ally good west-facing views, a spacious home on several levels, and a very low maintenance house and section, they're not prepared to wait forever for a sale. Their clear instructions are - Bring us the best offer you can, we need to move on. Bold words for such a versatile family home in a great location. Could be there's an opportunity here for you if a 4-5 bedroom family home is what you've been looking for. For more information click here

27 Eliot St, Nelson

The Cream of Elliot St Is this the perfect fusion where home and happiness are one? Set amongst a unique heritage precinct of 1920's homes, this home is blissfully easy to enjoy - it has been extensively transformed to provide three double bedrooms with master ensuite, and exudes character and personality without the flaws of age. The flow of the home is like freedom itself with sun-kissed, north-facing living stepping out to a private deck for entertaining. If you've looked at other homes in the street you'll also recognise the uniqueness of the double garage and single carport. The location almost speaks for itself, and the home is one that will offer you many years of blissful enjoyment. The owners have renovated and refurbished this home to last another 100 years - repiled, rewired, re-plumbed, insulated top sides and bottom, replaced much of the framing and interior and exterior, and re-roofed. For more information click here

161 Parkers Road, Nelson Sun, Sea and Serenity Absolute waterfront homes in Nelson are opportunities that present themselves but once in a lifetime. Having remained in the same family since it was built, this architecturally designed home is tucked at the end of a cul de sac bordered by the sandy Parkers Cove. On 809 m2 of lawn and low maintenance gardens, the 170 m2, single level three bedroom home faces north to enjoy all-day sun and exceptional views. The beach on your doorstep becomes your playground – incredibly safe for children, easy to launch a small boat for an afternoon’s fishing (or just watch the fish jumping from the kitchen), endless space for running a dog, and a shoreline that disappears into the distance for those relaxing evening walks. Even if you don’t have a boat you can cast a line into the channel from the shoreline. For more details click here

300 Pomona Rd, Ruby Bay The Ultimate Country Estate This is a brilliantly crafted home possessing a unique ridge-line position offering almost 360 degree views with vistas including Mount Arthur and its surrounding mountain ranges as well as a seascape of Tasman Bay reaching across to Nelson city, The Glen and D'Urville Island. Set amongst verdant pastures, it also encompasses three rental properties plus grazing income from the 14 ha (33.6 acres). The outlook is one of the most spectacular in the Tasman Bay region, and is enhanced by the charming outdoor living areas, heated in-ground pool, and spacious pool house. The near new home has the classic design of an English country lodge on the exterior giving forth an aged feel of another era with modern contemporary interior that also highlights some traditional pieces. Central heating, log burner and double glazing ensures this is a perfect home for all seasons, and the internal double garage is enhanced by additional garaging external to the house. The land lends itself to a variety of agricultural, lifestyle or horticultural activities, and there is a water right that will benefit any such use of this rolling, arable land. Click here for more details

3D Hill Street, Richmond

A Stunning Lifestyle Environment With Dramatic Living Spaces

This 1.7 ha home offers space on a grand scale on the northern edge of Richmond, where the privacy is absolute. Simply imagine long summer afternoons at the edge of the pool, or on a winter's afternoon, bathing in sunshine in front of the large windows while you snuggle up to a hot drink and a good book. Privacy, space and sundrenched outdoor living areas will be yours to enjoy in this unique slice of para-dise. Here is the permanent blend of nature, quality and style existing in total harmony. This home was built, (and more recently extended and renovated), with quality in mind in tune with its environment. Features include three car garaging, a large shed for the boat or other hobbies, five bedrooms and two additional bathrooms, multiple living spaces and the safety and freedom for your children to take full ad-vantage of this very private and tranquil home. For more details click here

2 Teal Valley Rd, Hira, Nelson Lifestyle package with cottage and business opportunity This charming Fraemohs home, with its interlocking timber walls, dormer windows, French doors and extensive decks is nestled in a tranquil rural setting. There is a spacious double garage, with a large workshop and an attached gallery, with internal and external access. Surrounded by 2,378 square metres of sweeping lawns, including terraced lawns with dry-stone retaining walls, mature plantings of native, deciduous and old-fashioned fruit trees extend around the grounds to provide privacy and shelter. The property's location is extremely appealing. Within 15 minutes drive of Nelson city, on the main coastal highway, it is a comfortable stroll or short drive to the local school and pre-school, a comprehensive convenience store, petrol station and church. More details click here

118 Lord Rutherford Rd, Brightwater, Nelson

Affordable Country Living Surrounded by 517 square metres of lawns and gardens of well-established trees, flowering shrubs, spring bulbs and old-fashioned perennials, with a walled patio and outdoor dining area, this charming, single level, three double bedroom home enjoys a northerly aspect and a view over tree-studded lawns to the historically-listed Newman brothers' stage post and stables, where passenger and mail coaches changed horses in the late 1800s and early 1900s. More details click here

75 Teal Valley Rd, Hira Peaceful, Tranquillity and Two Dwellings on One Title Located in a tranquil rural setting, within 15 minutes’ drive of the city centre, this unique , and potentially sub-dividable, 5 hectare property comprises a charming, two level, four bedroom family home, in a glorious garden and bush setting as well as a separate, single level three bedroom house with a double garage, flat lawns and easy-care gardens which would be ideal for elderly parents or extended family. Tucked into a rise, high above the surrounding countryside, the family home has been positioned to maximise the sun and views. The outlook extends across lawn and lush gardens or sweeps over a large tract of native bush, before extending up the Teal and Lud Valleys to bush and forest-clad hills and the Doubles beyond. The only sound is the song of native birds and water cascading along the river below. It is an ever-changing panorama, which can alter dramatically from a sunlit landscape to a spectacular Nelson sunset. For more details click here

12a Martin St, Monaco

Easy Living by the Seaside

Ever wish that you could be cast away onto a little island, surrounded by sparkling blue water, soft, warm sand and the sound of sea birds on a light sea breeze? This home offers the rare opportunity to experience just that while still providing the convenience of a 5 minute drive to shops, parks and cafes. The smart and stylish interiors of this home are like something you might only see in the magazines, they provide the perfect ambiance for relaxing or entertaining guests and the care-free and sun-drenched garden will allow you the time to enjoy either of these activities. With the ideal canvas already supplied, all that is required is for you to move in and start enjoying, it is perfectly located for fun, sun and picturesque walks on the beach. For more information click here

Residential housing market turning the corner

ANZ chief economist Cameron Bagrie

While the global economy has remained in a fragile state, New Zealand is seeing some indica-tions of a pick-up in the housing market. It is likely the September lull in housing sales was largely driven by distractions created by the Rugby World Cup, with the real estate market

mostly sitting on the sidelines over the past month. Despite its relative strength compared with many of its peers, the New Zealand economy is likely

to remain susceptible to adverse swings in global sentiment. Any pick-up in housing market ac-

tivity will no doubt be aided by the Reserve Bank of New Zealand’s decision to once again leave

the Official Cash Rate unchanged.

At this point the Reserve Bank does not look likely to lift the OCR until the global scene im-

proves, which could see it remain unchanged until mid-way into next year. If the global situation

deteriorates, the OCR may stay put for another year. As such, the floating rate remains the

cheapest mortgage option.

While some pockets of the housing market – namely Christchurch and Auckland – are showing

signs of lifting, it is unlikely the greater housing market will turn definitely upwards for some time

yet.

Nationwide house sales dipped by a seasonally adjusted 3.7 percent in September, following a

5.1 percent rise in August. Despite this fall, sales are still trending up with volumes 1.2

percent higher in the three months to September than the previous three months.

House prices are on the rise, with the Real Estate Institute of New Zealand House Price Index

up 1 percent after being flat in August. Prices are beginning to gradually trend higher, with aver-

age prices in the three months to September rising 0.5 percent compared with the previous

three months.

The value of mortgage approvals continues to lift on an annual basis, with rising approval values

suggesting that the value of house sales should hold steady.

There was a net permanent and long-term migration seasonally adjusted inflow of people into

New Zealand for the first time since February. Permanent and long-term arrivals rose 0.9 per-

cent, while departures fell 3.9 per cent.

"How to Quickly and Easily Sell Your Home at Top Dollar"

If you are thinking about selling your home soon, or know some-one how might be, then this book is a must have! In all my years of buying and selling houses, I have had dif-ferent tips given to me, assisting me to get the very best possible price for my property . So in November of 2009 I pub-lished a book that encompasses all of those tips and many, many more. A "how to" book that simply covers everything you need to know, from what to clean, what to paint, what to throw away and how to "dress" your house like the professionals. It also covers the need to employ a real estate agent or not. My book is available to buy at selected bookshops, but as a bonus, I will give a complimentary copy to the first ten (10) abode readers from this issue to contact me and simply ask for a free copy. please call me on 0800 BAYLEYS (0800-229-539) or email me greg.monahan@bayleys.co.nz if you would like a free copy.

What we have been selling this month...