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Residential

As would be expected within a popular region, Havelock North's real estate market is dynamic and has recently been cited by the Real Estate Institute as the fastest growing property market in Hawke's Bay.

Well-priced properties in desirable locations always sell strongly with Havelock North homes generally commanding a premium over similar properties within the region.

As a generalisation, properties further up the Havelock hills demand higher prices with views over the fertile Heretaunga plains and to Te Mata Peak keenly sought. In an effort to cater for strong residential demand, the Hastings District Council have worked closely with developers to open up new subdivisions that sensitivity build on character of the Village. Palmbrook, Hikinui Heights and the Chambers Estate on the Margaret Avenue extension have all shown strong buyer demand with sections selling for between $70,000 - $200,000.

Over the next 18 months, it is expected that new subdivisions on Brookvale and Arataki Road will open up several hundred new sections to satisfy strong buyer enquires.

Commercial Property

The last two years has seen very strong demand for commercial property within the centre of Havelock North. Partly this has been attributed to the compact nature of the available commercial property in the village, and a realisation by developers that Havelock North's population is the fastest growing community in Hawke's Bay.

Major redevelopments of older commercial properties within the Village have seen an influx of new business premises and new businesses. In light of the recent growth of businesses, the short-term forecast is that there will be little growth in the business community within the Village, An interesting development has been the explosive growth of accommodation within Havelock North with at least three new motel type developments to be completed by the end of 2001

Harveys Unit 2
1 Napier Rd
Havelock North
Ph 06 877 7641
Hawke's Bay Realties Shop 2
Village Court
Havelock North
Ph 06 877 5811
Tremains Real Estate
- The Professionals
28 Te Mata Rd
Havelock North
Ph 06 877 8035
Harcourts 3 Napier Rd
Havelock North
Ph 06 877 4474
Raksha Lawrence
Tremains Real Estate
- The Professionals
28 Te Mata Rd
Havelock North
Ph 06 877 0919
Mobile 025 6446