A building boom for Coromandel
The Coromandel is transforming itself from a sought after holiday destination to one of the fastest growing districts in New Zealand.
Thursday, May 6th 2004, 9:51PM
by The Landlord
Last year Thames Coromandel District Council issued 594 building consents - a 44% increase on the 2002 figure and a 70% increase from 2000. All figures relate to dwellings.In contrast, between 2000 and 2003, there was a 13% increase in the number of new dwellings nationally.
The value of the building consents authorised by TCDC last year was more than $100 million.
The fastest growing area is Mercury Bay where 651 dwellings were approved between 2000 and 2003. Tairua/Pauanui had 233 new dwellings, Whangamata 235, Thames 169, Coromandel/Colville 93.
"These figures underline the popularity of the peninsula as an area where people want to work, play and invest," says TCDC chief executive Steve Ruru.
Read More - Opens in a new window
| « Property investors refocus on cash flow | Free Investment Property Showcase Events: Auckland, Wellington and Christchurch » |
Special Offers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
