On the fringe

Real estate agents working the Freemans Bay/St Marys Bay/Ponsonby area discuss the on-going demand for inner-city living.

Monday, March 8th 2004, 6:22AM

by Vicki Holder

"The impact of [a downturn in] immigration doesn’t hit us so much because there are always going to be more people who want to live here than properties for sale." Simon Damerell, Ray White, Ponsonby.

There’S a growing breed of Aucklanders who work hard and want to play hard without having to waste precious time commuting and waiting in traffic queues. They work in the CBD, earning good money and can afford the big mortgages demanded by the city-fringe suburbs of Freemans Bay, Ponsonby and St Marys Bay. Perhaps that explains why several weeks ago on the first open home for a property at 22 Hepburn St in Freemans Bay, Ray White Ponsonby agent Ann McDonald had more than 300 people through the property.



Read More - Opens in a new window

« Property investors refocus on cash flowFree Investment Property Showcase Events: Auckland, Wellington and Christchurch »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved