(1)2(7) Hours From Auckland

We look at what house prices are two hours from Auckland.

Dreaming of long summer days? So are we. Our friends up in Auckland are notoriously known for clogging up state highways for what feels like 127 hours around holiday time so we take a look at what they might be paying for a potential holiday home.

Omaha

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A pristine slice of land between Tawharanui Peninsula and Leigh, Omaha houses are priced for the elite. Newer builds & seaside facing homes are estimated over 3 million dollars. Pity they don’t have more Fish & Chip shops close by.

 

Clark’s Beach

aucklanddailyphoto.com
aucklanddailyphoto.com

Ok, this one is technically still in Auckland. However, tucked in the south end of the Manukau harbour, you’ll be far enough away from the hustle and bustle of the city. Prices are relatively reasonable for this area with this little stunner going for 540k. You’re also close to the wild west coast beaches which include Hamilton’s Gap, a picturesque spot with stunning cliffs.

Tryphena

Great Barrier Island. New Zealand.

Great Barrier Island! The last vestige of ‘untouched’ Auckland. Most homes here run with diesel generators and many supplement their livings with fresh seafood. House prices here are a steal at 362k. This one is cheating though. Great Barrier Island is definitely over 2 hours away from Auckland by ferry, but it is a half hour flight from the airport.

 

Lang’s Beach

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Another spot that has surprisingly large estimates on homes. The view is fantastic, but most homes are well above 800k, which is priced out of reach for most

Wait, what about the Coromandel?

question mark coromandel

Oh, don’t worry about that, we’re still compiling data on the fantastic homes in this area, with corresponding HomesEstimates & sales histories. We all know how much Aucklanders love to head down that way for the holidays. Watch this space.

How Uber & Self Driving Cars Will Change Real Estate

How Uber & Self Driving Cars Will Change Real Estate

With a relentless technological drive, the sharing economy is changing how we use certain services. There is a utopian ideal that the sharing economy will drive down prices & obliterate middlemen.

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However, there are concerns around Uber, and how AirBnB does nothing for the growing inequality of the world. Change is coming, and we’re taking a look at how Real Estate could change along with it.

Driverless Cars

Driverless prius

Driving a car is a modern nightmare if you commute to & from urban centres. Looking at specifically at you Auckland with your ridiculous commute times.

In the regions however, a car is a necessary way to get around our vast & beautiful countryside.

While we are definitely a while away from full scale driverless functions, driverless cars will no doubt have an impact on real estate in our major urban centres. Those lifestyle blocks become a lot more attractive when you can start work as you jump in the car.

69% of bus users spend over 30 minutes commuting, with almost half of that proportion spending over an hour commuting per day.

The overwhelming majority of journeys to work are by car, sitting at approximately 70% of us. This shows that we like to reach point A to B in the most efficient manner possible.

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This is why cities sprawl. The car allows for a commute, and thus more liveable space in the suburbs.

Transport is a major concern facing property ownership in urban centres. Commute times factor in as a major decision making point for prospective renters and buyers. If driverless cars were widely adopted, perhaps commute times would become a passing thought for a buyer.

Shared Driverless Cars

With taxis that don’t require people drastically reducing their cost, the option becomes available to use rather than own. Does this mean we’ll see an end to the garage? Possibly. If driverless cars become a semi-continuous service for the masses, we could see the need for fewer cars overall.

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Garages free up space in a home. We could see this space become part of the share economy like AirBnB, much in the same way old heritage homes had to be converted with modern plumbing and furnaces.

What does this mean for the future of Real Estate?

Intensification in Cities

Without garages and the need for cars in city centres, we can free up more space for housing.  It could also change how cities are laid out, as the cost of owning a self driving car would surely be an unnecessary cost, thus changing the need for people to own a car in the city.

maartenholl/fairfaxnz
maartenholl/fairfaxnz

This could mean more pedestrian friendly zones in cities. Cars looking for parking account for almost 30% of traffic in this NY Times piece.

Sprawls could reach even farther

Lets go iRobot. Ultra fast self driving cars could negate the necessity of a house with a short commute. Proximity to motorways may not alter a home’s value.

I robot audi

This means that rural areas could become a realised possibility for homeowners to commute into the city. Is it worth buying that rural property before driverless cars become widely adopted?

Who knows what the future holds.