If you own property in the Hastings District, your mailbox will soon contain important news. The 2025 revaluation by Quotable Value (QV) is underway, with new rating valuations set as at 1 August 2025. Property owners can expect to receive their notices — and with them, a common question: what
By Paul Harvey — Williams’ Harvey Registered Valuers As we begin 2026, New Zealand’s property market presents a complex picture of national optimism tempered by regional caution. For Hawke’s Bay property owners and investors, understanding both the broader economic trends and our specific local dynamics is essential for making informed
The last time I wrote an article for The Profit was about a month after we had got back into the office after ‘Alert Level 3’. As I wrote at the time “So ….. where to from here? If I had a dollar for each time I was asked what
It is hard to believe that The Profit is celebrating its 10th birthday and that Williams’ Harvey, has been writing a column for a decade now. I went back over all the articles written and it appears that in a nutshell compliance has been the single biggest change in our
Williams’ Harvey undertakes a retail shop occupancy survey of the Central Business District (CBD) of Hastings City. The survey is based on retail shop numbers and considers main street retail, side street retail and overall retail vacancies. Our last survey was completed in October 2018 and recorded 10.20% of the
2018 was another interesting year in the New Zealand property market. With stable and relatively high volumes Hawke’s Bay values generally showing consistent growth similar to the rest of the country except for Auckland and Christchurch. Without doubt in 2018 our local property market was being impacted by the more
Hawke’s Bay is growing. We can see that by the numerous new infrastructural construction that is going on around us. So, it’s no surprise our region is growing residentially as we need to house a growing population. It is generally accepted that new housing stock is now a vital part
From 1 July 2017, the Fire and Emergency New Zealand Act 2017 (FENZ) came into force replacing the Fire Services Levy. The Act replaces the Fire Services Act 1975 and the Forrest & Rural Fire Act 1975. It has been designed to ensure New Zealand has a modern, fit for
Traditionally there has always been an oversupply of secondary office rental space in Napier and Hawke’s Bay in general. Tenants have favoured, new or well renovated office accommodation which has meant that landlords with second tier accommodation have always struggled to attract tenants. However, recent developments in June 2017 saw
