That Home Loan Hub
Welcome to That Home Loan Hub, your ultimate guide to mastering the world of home loans and property. I'm Zebunisso Alimova, here to simplify the complexities of real estate and provide you with expert insights and the latest trends.
Whether you're a first-time homebuyer, an experienced investor, or simply curious about the property market, this podcast is for you. Join me each week as we unlock the secrets to property success and help you make informed decisions. Let's dive into the world of property together!
That Home Loan Hub
Kapiti Coast Market Snapshot
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The Kapiti Coast property market can feel “busy” and “tough” at the same time, and August’s numbers explain why. We sit down with George Love to unpack the latest real estate statistics suburb by suburb, looking at listings, sales, average days to sell, and how sale prices are tracking against RV (rateable value). If you’re buying, selling, or simply watching the market, these are the practical signals that cut through the noise.
We start in Paraparaumu, where the volume of stock creates real choice and gives buyers room to be picky, even while well-presented homes still achieve strong outcomes. From there we compare Paraparaumu Beach, including what it means when the average sale sits under RV, and why price expectations and property condition matter more when buyers have options and building reports carry extra weight.
Then we move through Waikanae and Waikanae Beach, where the contrast between higher supply and tighter beachside stock shows up clearly in days to sell and pricing momentum. We also get into a surprisingly useful detail: where “Beach” starts and ends, and how postcodes and local definitions can influence perception. Finally, we touch on Raumati South and Raumati Beach, and why small numbers of sales can throw averages around, plus a grounded take on whether the election changes the market or mainly changes confidence.
If you want a clear snapshot of the Kapiti Coast housing market and what it suggests for first-home buyers, movers, and vendors, press play. Subscribe, share this with a local mate, and leave us a review so more people can find the show.
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Welcome And Agent Rankings
SPEAKER_01Welcome back to the statistics episode. I've got George Love with me in the house and he's brought some statistics for August for Carperty. Hello, George.
SPEAKER_00Hi Zebruneto.
SPEAKER_01It's nice seeing you here again.
SPEAKER_00It's always a pleasure to be invited here.
SPEAKER_01Beautiful. Shoot away. What are we looking at this month?
SPEAKER_00Okay, so it's been it's been quite a busy um month through August. Yeah, we've done quite well. I know Megan and I were super busy, so so we were. We were actually because Harquitz has a little sort of sort of position for their agents out of. We've got 160 agents in Kitten in in the region there. And for for that month, we came ninth in the whole region. Um ninth in the whole region. So we were super proud of that.
SPEAKER_01Um well done, congratulations.
SPEAKER_00And we were number one in our office as well. So that that was great as well. So yeah, we we just keep going. Everyone keeps talking about the markets tough, and it is tough, but you know, it's like any industry, you know, if you work hard at it, you know, it's like there's there's work out there and work to be done, you know, and that's something we're not scared of.
Paraparaumu Supply Sales And Pricing
SPEAKER_00So look, I'll fire into some stats here. We'll go into Paraparaoumu first. So Paraparaumu, they had for the month of August, there was 84 properties on the market just for Paraparaumu. There was 17 sales that month, and the average deals days to sell was 29. The average sale price above RV was 9%, and the average sale price was $652,000.
SPEAKER_01Wow, $650.
SPEAKER_00Yeah, so a lot of first-time buyer markets. It is it's lower. I mean, what we're seeing, houses are selling, there's lots of buyers out there, they are a lot more pickier at the moment.
SPEAKER_01Because yeah, out of 84 properties on the market, only 17 being sold.
SPEAKER_00That's right. That's not even the third, exactly. So even though it's people go, oh, 17 is not bad, but that's only of the ones that are selling there, you know. So it's like 84 properties, there's still a lot there to be bought up, you know. So you should be busy, you know, people should be coming to you for lending.
SPEAKER_01Yeah, well, we are busy, we're seeing the definite pickup in the market, but you're right, people are more pickier. Yeah, you know, if before they would do builders' report and there would be minor issues, they wouldn't be faced. Now they're getting more and more picky in terms of what they're willing to take on board or not.
SPEAKER_00Exactly. And I mean, out of like just for Paraparaumu, uh 84 properties, that's a lot of properties on the market. There's a lot of choice there, you know, for them. So they can afford to be picky.
Paraparaumu Beach Prices Below RV
SPEAKER_00Paraparumu Beach, a little bit lower. So properties on the market for the month of August was 65 properties. The sales that month was 11 sales that month for Paraparumu. Now it was a big drop. The average under RV was actually minus 13%.
SPEAKER_01Wow.
SPEAKER_00So that was quite quite high. The average sale price for Paraparumu Beach was 644,000.
SPEAKER_01Okay. So price-wise, it's still keeping up in that first-home buyer range.
SPEAKER_00Yeah, absolutely.
SPEAKER_01It's interesting because it's only really seven sales less or six sales less.
SPEAKER_00That's right, yeah.
SPEAKER_01But if you look at how many properties were available for sale in Paraparumu versus Paraparumu Beach, yeah.
SPEAKER_00Another 20, 20 extra pop properties in Paraparumu. Yeah. Yeah.
SPEAKER_01Okay.
SPEAKER_00It's it's interesting. I mean, uh, we we we're actually getting people that they're coming to us and they're looking at what what they're gonna get for the house and that. And just through our appraisals, they might decide to hang on to the house a bit longer and make it work, do a few extra renovations and that to make it work for them. And we're seeing a bit of that, you know. We were actually talking, Megan and I maybe we should set up set up one of the programs what do they call it? Let Lister Cell, you know? Yeah, yeah, yeah. A renter sell, sorry, I meant to say.
SPEAKER_01Yes, yes.
Appraisals Renovations And Holding Off
SPEAKER_00Right, let's move into why can I? So, why can I properties on the market for August was 98 properties, and there was 15 sales that month.
SPEAKER_01Whoa, sorry, why can I? You're getting sad here, yeah. More properties than Paraparomo.
SPEAKER_00Yep, absolutely. Less sales, less sales, yeah. So
Waikanae Vs Waikanae Beach Momentum
SPEAKER_00the average days to sell was 83 days and then, yeah, and the average sale price above RV was actually minus 5%.
SPEAKER_01Minus five.
SPEAKER_00Minus five percent. That was an average sale price of seven hundred and thirty thousand.
SPEAKER_01But Waikinae kept more value than PowerPoint.
SPEAKER_00It is, and it usually does, and it usually does, it usually does, and then you've got Waikanae Beach. There was only 15 properties on the market for Waikinae Beach for the month of August. Okay, there were six sales that month as well.
SPEAKER_01So nearly Which is actually, if you think about it, it's almost half. Yeah, yeah, and none of the other regions had the same.
SPEAKER_00Yep, exactly.
SPEAKER_01But go Waikanae Beach.
SPEAKER_00A whopping 10% average sale price above RV for Waikinaye Beach, which is really good. And the average sale price was just under 900,000, 800 889,500, the average sale price.
SPEAKER_01Hmm.
SPEAKER_00Interesting. And average days to sell, 37 days. So it's got the lowest amount of days to sell than all the other areas.
SPEAKER_01So Waikinaye Beach is the place to be.
SPEAKER_00It is. That's it.
SPEAKER_01And guess where we're sitting right now.
SPEAKER_00Absolutely. Right on the border. I love it.
Where The Beach Boundary Sits
SPEAKER_01Where does okay, question? Where does the Waikanae Beach start and ends?
SPEAKER_00Oh, well, as you said it, you're pretty much on it here by the Moraway, isn't it? I think most people define it by the Moraway, but I suppose it goes by postcode. And I mean it's the same in in Paraparaumu. There's some places that are called Raumati Beach, but it's a two-minute walk from Paraparaumu Wall. You know, so it's it's wherever the council decides where that postcode ends. So you really have to look it up the postcode to see where the council have defined you to be.
SPEAKER_01Nice.
Raumati South And Raumati Beach Stats
SPEAKER_01And do we have stats for Raumati?
SPEAKER_00Yes, I've got Real Mati here. So, yep, Real Matti and South. I should have done them before. Why can I? But a little bit out of order there. So we had properties on the market for Real Matti South was 20 properties. And the we made three sales that month. So only three sales for Real Matti South. And average days to sell 97 days. That's the one. Yeah, yeah. And again, that's just the ones that are selling. So for some reason, it hasn't been quite as popular that month. And with only three properties sold, it's the average. It throws the average out a bit. The average um came in at a whopping 1.2 million.
SPEAKER_01Oof.
SPEAKER_00Yeah.
SPEAKER_01So I assume the three properties that sold sold above a million for the average to come back at one point.
SPEAKER_00Well, they actually, yeah, what one of them actually sold well well under the million, and the other two were well above it. Yeah.
SPEAKER_01Interesting.
SPEAKER_00So that's why it brought brought that in there. So the industry sales above the RV average above RV was four percent.
SPEAKER_01Okay.
SPEAKER_00Yeah.
SPEAKER_01Above.
SPEAKER_00Yeah.
SPEAKER_01Interesting. All right.
SPEAKER_00And then and then you've got Real Matty Beach. So Real Matti Beach, 23 properties on the market for that month of August, and there was six sales that month. So again, quite quite low. Average days to sell, 38 days.
SPEAKER_01That's the fastest.
SPEAKER_00Yeah, that is the fastest. Yeah, absolutely. And some of the sale prices were pretty good. The average sale price was just over a million dollars, a mil 57,500. And so there was a lot of sales over a million dollars in Real Matty Beach for that month. So yeah. Yeah.
SPEAKER_01Interesting. Yeah. And where do you live?
SPEAKER_00I live in Para Parahumu, and I'm sort of on the border where the next street over is the beach. Paraparahumu Beach.
unknownI love it.
SPEAKER_00But I'm right beside the airport. So I tell people, oh, you can just cross the road and go to the airport. Yeah, exactly.
SPEAKER_01Exactly. Now
Election Talk And Wrap Up
SPEAKER_01beautiful. George, thank you so much for sharing the statistics with us today. And can't wait to see what September does now that we're getting quite close to the election and everything.
SPEAKER_00Yes, that's going to be exciting. A lot of people are asking, do you think the election is going to affect us? Well, it always affects people's mindset. Does it affect the market? No, I don't believe it does. Um what I've seen over the years. Everyone's always just a bit worried about it. But then they see once the new people come in or the same people there is pretty much business as usual.
SPEAKER_01Yeah. Beautiful. Thank you so much. See you soon again. Okay.