Articles in ‘Columns’

Each month, new businesses choose to become part of our bustling community but this time we have more greetings to extend than usual. Recently opened, Broadway Food Company is proving a hub for dining. Its fabulous menu of outlets includes BigSmokin’Mo Barbeque, Smashed As Smashburgers, India Rocks Eatery, Woodspirit Turkish Pide, Kebab on Broadway and Hei Hei Chicken. Open from…

Some wonderful new businesses in town for you to come and support. • Moda Furniture – on Broadway • Broadway Foodcourt – 6 wonderful new foodcourt tenants in an updated brand new food court located in Broadway • The Beer Spot – located next to the Foodcourt in Broadway • Penina Trust in O’Shannessey Street • Kia Ora Baby located at the Roselands Shopping Centre • DH…

Papakura Street Fest returned on Saturday, May 6 with around 5000 visitors making the most of more than 40 stalls. This year was the fourth Steet Fest, and Papakura Town Centre manager Tracy Shackleton says it built on the success of previous events, extending into Broadway. The whanau-friendly festival ran from 10am to 2pm and showcased the area’s great food, featured…

This year has had a shaky start with the floods in Auckland then Cyclone Gabrielle. The impact of which has not been truly felt although it is safe to say listings and sales are down in affected areas. The latest monetary policy committee meeting - one projection of note that did change was the Reserve Bank house price forecast – the peak to tough fall is now expected to be -23%…

WELCOME: New businesses setting up shop in Papakura recently include: Vets at 77 and Uniform Hub (both on Great South Rd), Papakura Op’ Shop (inside the Papakura Anglican Church) and BFT(Body Fit Training) on Railway Street. MOVIES IN THE PARK: On Saturday, February 25 (from 6.30pm) DC League of Super – Pets will be showing on the big screen in Central Park. So, grab a picnic…

Auckland saw its median price decrease annually by 21.7% to $940,000 in January 2023. This is the first time since January 2021 that Auckland has had a median price under $1,000,000. The flooding events which occurred at the end of January impacted auctions and open homes. At this point it’s hard to gauge whether people will want to enter the market or whether they will become…

Happy New Year and welcome to 2023! The Papakura Business Association hopes everyone had a wonderful Christmas and New Year with an enjoyable and safe break. WELCOME: Recently, we welcomed the following businesses to our community: Fork Café (East Street), Midtown Bar (Selwyn Centre, Great South Road), The Gift of Framing (Elliot Street) and Automate (Railway Street). WHERE TO…

Realestate.co.nz has released its December 'Property Report' setting out listing levels and asking price averages. Asking prices are falling and sunsequently so are the sale prices. Nationally in December they were asking prices-5.5% lower than a year ago. Much of that was driven by sellers becoming more realistic in Auckland. The Median House price across the country fell by…

The Business Association hopes you had a wonderful Christmas and New Year and an enjoyable and safe break. Welcome to 2023 New Businesses to Papakura: We welcome • Fork Café in East Street • Midtown Bar in the Selwyn Centre on the Great South Road • The Art of Framing in Elliot Street • Automate X in Railway Street • Vets at 77 on the Great South Road Where to Eat Guide: …

The New Zealand property market has experienced a bigger downturn in property values and sales volumes than expected in 2022.The introduction of tighter lending regulations, loan-to-value ratio rules, higher mortgage rates, and more listings all tilted the balance of power away from sellers. For the 2022 calendar year, total sales volumes are estimated to be around 67,000, the…

If it’s not beginning to look a lot like Christmas yet, it will soon enough. This year, we’re looking forward to a host of events to help lift those – Christmas Spirit. CAROLS IN THE PARK – Friday Dec 2, from 6pm, Central Park: Pack a picnic for a fun filled, family-focused, free evening, featuring carols as well as other Christmas songs. PAPAKURA ROTARY SANTA PARADE –…

Despite a diverse city of property types, locations and prices, the relative weakness across Auckland was evident everywhere in October, with values falling across the board, from -1.3% in both the North Shore (average value $1.52 million) and Franklin ($980,000) to -2.2% in Papakura ($1 million). On the longer term annual measure, the smaller outer areas of Rodney, Papakura and…

If it’s not beginning to look a lot like Christmas yet, it will soon enough. This year, we’re looking forward to a host of events to help lift those – Christmas Spirit. CAROLS IN THE PARK – Dec 2, from 6pm, Central Park: Pack a picnic for a fun filled, family-focused, free evening, featuring carols as well as other Christmas songs. PAPAKURA ROTARY SANTA PARADE – Dec 4,…

The Reserve Bank of NZ delivered another 0.5% increase in the official cash rate (OCR), taking it to 3.5% – the highest level since June 2015 when they lowered it from 3.5% to 3.25%. In terms of mortgage rate implications floating loans may see increases but there might not necessarily be much change in fixed rates as a direct result of this increase. From a borrower’s…

CHRISTMAS IS COMING! It may seem like a way off, but Christmas is just around the corner and local festivities include these unmissable events and shopping opportunities: Carols in the Park, December 2, from 6pm, Central Park Papakura Rotary Santa Parade, December 4, from 3pm, leaving from Central Park Chilling in the Park, follows the Santa Parade, from 4-6pm, Central Park …

Strong Competition amongst the mainstream banks has been a key factor in the limiting of interest rates rises until recently. The likelihood that we have reached the peak of the rising interest rate cycle is uncertain but with one last week and another signalled before the end year – we are not out of the woods yet. Interest rates and their influence on the borrowing power and…

The reversal in house prices comes as the Reserve Bank pursues aggressive policy tightening to dampen demand and curb inflation. It delivered a fourth straight half-percentage point interest-rate hike -- taking the Official Cash Rate to 3% -- and signalling more rises to come. Despite the soft July month, some chief economists don’t yet see sufficient cause to change their…

Welcome We welcome another new business to our community being Crown Cutz Barbershop located on the Great South Road in Papakura. Papakura Online: Don’t forget to check us out on Instagram (at #LivePapakura) and like us on Facebook with the two fabulous pages that we have: Papakura.Town.Centre and LivePapakura. These pages are all intended to keep locals up to date with…

WELCOME: Recently, we welcomed the following new businesses into our community: Masterpiece Woodworks (Wood Street), Delicious Korean Chicken (O’Shannessey Street), and Stay Busy Printing and Arcade (Selwyn Centre, Great South Road). DINING GUIDE: The first order on any menu when checking out the rich range of restaurants and other eateries, our Where to East Guide is a hot…

Sales Volume have fallen 25% from the long-term average across New Zealand and listings are holding at their 2 year high meaning the balance of power has well and truly swung towards buyers. The number of houses sold decreased significantly – down 12.5% from last month and 45% down from last year. Property sales were the lowest they have been in June of any year since 2010 when…