Rotorua Daily Post
  • Rotorua Daily Post home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
    • All Lifestyle
    • Residential property listings
  • Property
    • All Property
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Rural
  • Sport

Locations

  • Tauranga
  • Te Puke
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Taupō & Tūrangi

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales

Weather

  • Rotorua
  • Tauranga
  • Whakatāne
  • Tokoroa
  • Taupō

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Rotorua Daily Post

Open homes surge after vote

Dana Kinita
Rotorua Daily Post·
26 Sep, 2014 06:30 PM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
FILE

FILE

The election result seems to be having a positive effect on Rotorua's real estate market.

Real Estate Institute of New Zealand figures showed nationally the market appeared to be "idling" as buyers and sellers awaited the outcome of last Saturday's election.

But on Sunday, attendance numbers at Rotorua open homes increased compared to the weeks previously, McDowell Professionals managing director Ian McDowell said.

"Three of our salespeople saw a big increase with 19 groups through one property another had seven groups.

"Recently we sometimes had no one through or just a couple.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

"I'm sure it is [because of the elections] there is certainty in the market now," he said.

"We're confident there will be a definite increase in enquiries, one of the worries before the election was the capital gains tax, investors were concerned.

"I feel people were holding back a little but we are pretty confident things will now start to lift."

Advertisement
Advertise with NZME.

Ray White Rotorua co-owner Anita Martelli said it saw "good numbers" through homes on both days of last weekend but attributed that mainly to its 17-page advertising spread in the Property Guide on Saturday.

"We were very busy, we had a good response," she said.

"We've just had a meeting and in general everyone saw a good turnout. Some of them had 15 people through, we've also have been having multiple offers coming in.

"I do think there will be an increase in confidence after the election, it gives people stability and people are familiar with the Government, there's no uncertainty."

Discover more

Shock at falling farm values

15 Oct 09:00 PM

Principal agent and salesman for Harcourts Rotorua Hielke Oppers said it was too early to tell what effect the elections did have but it had enjoyed good attendance at recent open homes.

"What we have seen in the last few months are people sitting on the fence waiting to buy, especially in the investors' market," he said.

"A lot of people are looking to buy now and enjoy the next wave of increase in property prices, if people did that in a Labour government, they possibly may have had to have paid capital gain tax.

"It makes a huge difference in people buying at a good price now and selling it down the line."

Save
    Share this article

Latest from Rotorua Daily Post

Rotorua Daily Post

Teen whose act of kindness went viral gets job offer, gifts, donations

22 Sep 05:00 AM
Rotorua Daily Post

Rotorua rider claims podium in elite World Series downhill final

21 Sep 11:03 PM
Rotorua Daily Post

Rare upside-down stamp sells for $260,000

21 Sep 10:49 PM

Sponsored

Poor sight leaving kids vulnerable

22 Sep 01:23 AM
Advertisement
Advertise with NZME.

Latest from Rotorua Daily Post

Teen whose act of kindness went viral gets job offer, gifts, donations
Rotorua Daily Post

Teen whose act of kindness went viral gets job offer, gifts, donations

'What goes around comes around,' said one donor.

22 Sep 05:00 AM
Rotorua rider claims podium in elite World Series downhill final
Rotorua Daily Post

Rotorua rider claims podium in elite World Series downhill final

21 Sep 11:03 PM
Rare upside-down stamp sells for $260,000
Rotorua Daily Post

Rare upside-down stamp sells for $260,000

21 Sep 10:49 PM


Poor sight leaving kids vulnerable
Sponsored

Poor sight leaving kids vulnerable

22 Sep 01:23 AM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Rotorua Daily Post e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Rotorua Daily Post
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Rotorua Daily Post
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP