North Shore residents apparently shouldn’t be concerned about property values if a cell phone tower goes up next door,  according to a new study conducted by an Auckland University property lecturer.

Last year a North Shore family came home from a trip to Australia to find a cellphone tower outside their Torbay property.

Richard Andrews wrote a letter to cellphone company 2degrees and the North Shore City Council when they were informed of the proposal to put in a tower four metres from their property in 2007.  Read more... (512 words, 1 image, estimated 2:03 mins reading time)

By John Grant

Figures released today by the Real Estate Institute of New Zealand (REINZ) reveal further positive trends in terms of residential real estate turnover, median sale prices, and time to sell.

The median sale price for a North Shore City homes increased to $555,000 in September.

This compares to $537,500 in August and $508,500 in September last year. A total of 407 houses sold during the month, down on the 426 sold in August 2009.  However it is well ahead of the 246 that sold in September 2008.  Read more... (180 words, 1 image, estimated 43 secs reading time)