Records smashed as Kate McIlroy and Daniel Whitehouse win Le Race cycling crowns

Daniel Whitehouse has broken the Le Race course record to claim back-to-back titles, while Kate McIlroy won the cycling classic on her third attempt by smashing the women’s record by a staggering nine minutes.

Whitehouse won the 100km race from Christchurch to Akaroa in 2018 after just having an appendix removed and again had to do it the hard way today after puncturing near the halfway point, as well as losing his cycling computer early in the race.

“I had no idea what was going on and had to do it old school,” laughed Whitehouse whose new record time of two hours 35minutes and 28 seconds is even more remarkable considering an enforced slow start through the city due to limited police resources.

“On top of that the replacement wheel was a bit narrower so my front break wasn’t working very well, and I had to hold off the speed a bit downhill,” said Whitehouse who found himself chasing a leading foursome of Jake Marryatt, Scott Thomas, Paul Odlin and Kees Duyvensteyn.

The 24-year-old climber managed to claw the leaders back one by one charging up the famous Hilltop, where only Marryatt managed to stay clear to take the King of the Mountain prize.

The young Christchurch rider, however, was soon caught by Whitehouse and young Andrew Bidwell from Blenheim who was the only rider to match the defending champion uphill.

On the final stretch, Whitehouse waited for one last steep climb to accelerate and lose his two young competitors to arrive well clear of Bidwell and previous record holder Michael Vink in third place.

In the women’s race, the frustrations of losing last year’s race on the finish line was the perfect motivation for Kate McIlroy to finally win Le Race in the third attempt.

“I didn’t just want to win the race, but destroy the record,” said the former Olympic triathlete who clearly has not lost any of her competitive juices, winning in 2.49.10.

McIlroy said she was not going to get caught again and was grateful to find a strong group to stay with going up to the Hilltop. “Last year, I had to do a lot of racing by myself, so it made a big difference to be able to stay with a group.”

The 37-year-old said that she “was done with Le Race” after ticking the cycling classic off her bucket list. “But never say never,” said McIlroy who finished more than two minutes ahead of Henrietta Christie and 13 minutes ahead of Julia Grant in third.

Both race winners picked up the $500 winners check as well as the $500 dollar bonus from Harcourts Holmwood for beating the course record, and were followed by a field of around 700 riders of all ages and abilities, including blind tandem rider Blair McConnell and riders on vintage bikes.

The 53km Le Petite Race to Little River was won by Chris Ross and Sammie Walker in the women’s race.

 

 

Real Estate Career: Are you looking for a career rather than a job?

Real Estate is an industry that rewards hard workers!  If you are wanting to build a strong career this is your chance. We are looking for motivated, self-starters who are passionate about building a rewarding career to join our award winning team.

You may be experienced or new to the industry, either way you will have the chance to enjoy exciting rewards and unlimited potential!

Our upcoming Careers Evening is a great opportunity to find out more about this exciting career. It is being held on Tuesday 7th May 6pm at Holmwood Auction Rooms, 397-399 Ilam Road, Ilam.

Topics covered include:

  • Why real estate
  • What costs are involve
  • What to expect
  • How Harcourts will help you succeed
  • Training & support provided by Holmwood

Holmwood Professional Development Programme

We are committed to developing all of our team regardless of experience to be ahead of their competitors in terms of training, market knowledge and skills. The Holmwood team join together in our dedicated training room to share ideas, learn from each other and listen to invited guest speakers. Topics are diverse and include professional development, business planning and scripts and dialogues.

To learn more register your interest by filling in the form below or calling Anna Penny Moore on 021 0466097

We are excited to announce that the wait is finally over. Please come along to our open day to check out our new Ilam Office at 292 Clyde Road on Tuesday 19 March 12pm-4pm.

Once again Harcourts Holmwood are offering a $500 prize to the first man and first women that break the current race records in the upcoming Le Race event, Saturday 23rd March.

Le Race is a 100km cycling race with mixture of challenging hill climbs, fast flats and exhilarating downhills that travels from Cathedral Sqaure in Christchurch, across an extinct volcano, to the French surrounds of Akaroa.

It has been won by some of the country’s leading cyclists, including nine time Tour of Southland winner and Commonwealth Games medallist Brian Fowler, former junior world champion Jeremy Yates, Commonwealth Games representative and Olympian Heath Blackgrove, six time New Zealand duathlon champion Mark Bailey and in recent times Christchurch pro cyclists Sam Horgan, Michael Vink and teenager Keagan Girdlestone, who in 2014 was the events youngest ever winner.

Historic Christchurch Property has Sold

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Kate Sheppard’s former Christchurch home has a new owner, five months after it went on the market.

The sprawling villa with more than 4000 sqm of land in Clyde Rd, Ilam sold on Tuesday. Built in 1888, it was Sheppard’s home for 15 years and was the base for her suffrage campaign.

The new owners wanted their identities and the sale price kept confidential until it became public information in about a week, Harcourts real estate agent Martin Sutton said. They were New Zealanders who did not live in Christchurch, he said.

Kate Sheppard House for Sale - Harcourts Holmwood

The villa passed in at auction in October, when Harcourts Holmwood auctioneer Phil McGoldrick said the owner was unwilling to discuss a sale price of less than $3.5 million. The property was valued at $3.15m.

He said the market for a property of that value was small, so the interest was good for the price.

The house is a four-bedroom, three-bathroom home and has a Category One protection order heritage listing.

Sutton said the settlement was some months away as there was a lot to pack up and sort before then.

Burbury earlier said she and her ex-husband “had no idea” of its significance when they bought it.

“It was pretty amazing. Prior to that it had been just our home, but after that it felt like a real privilege to be here,” she said.

The Crown expressed an interest in buying the property before the auction, but an agreement was unable to be reached.

he original villa is still visible from the front of the property but it has been extended and modernised inside. A swimming pool, tennis court, stream and artesian well have been added.

Burbury, who turns 70 this year, hired the property out for a time as a venue for weddings and functions. She earlier said she plans to to spend more time at her beach house in Kaiteriteri and in England.

“I’ve truly loved it but it’s now time to pass the baton on.”

 

Update on the Christchurch real estate market by Jim Davis

As Christchurch rolls into the traditional post Christmas busy period, it is pleasing to see that the recently released January sales statistics still show a continuing strong steady Christchurch marketplace.

The release of the REINZ stats for January indicate that there were 397 recorded residential sales in our City with a recorded median sale price of $440,000.  Anyone who regularly reads this market comment will know how steady our market has been in Christchurch over the last couple of years.  The stated figures for this January when compared to figure for January 2018 of 402, show that my steady average market comments have been spot on.

real estate christchurch

January is never a big month in terms of sales, simply because the sales teams and the market are generally in holiday mode till late in the month. What we have just experienced is very much, another average January in terms of sales data and history. Neither good nor bad and difficult to gauge any early trend from.

Property listings are the life blood of any real estate business and the volume of listings coming into Harcourts across the city continues to track well in comparison to other years. Harcourts continues to be the preferred company across the city with close to every second new property to the market being listed by Harcourts.

christchurch real estate holmwood

There is one aspect of our business that has gone through a big change since the 1st Jan and that is the new legal requirement under Global Anti money laundering legislation. We in the industry are required to conduct “Customer Due Diligence” on everyone who wishes to sell property.  This is part of Global legislation that the New Zealand Government signed up to many years ago and now the Real Estate industry is required to dig a bit deeper into the identity of the individuals owning property before it can be sold.  The process is even more in depth when we have property in owned by overseas owners, in Trusts or any company structures.  In essence we have to get all property ownership back to the person who ultimately owns the property along with a raft of other information.

For some people this can feel a bit intrusive, but unfortunately it is the new law. Why am I telling you all this? Primarily so you can be prepared, but also so you consider carefully who you are selling your property through. With all this new legal legislation it is comforting to know that Harcourts has already spent considerable time, training and educating their consultants.  More importantly they have invested in the services of the acknowledged leaders of systems needed to keep your information secure.

The months of February and March are traditionally the busiest times of the year, there is generally more stock available and more property is sold. There is no company who can offer the results that Harcourts can. With the busiest time of the year now upon us make the most of the opportunity, list with Harcourts and know we have the training, expertise and resources to get you the best result.

We are delighted to welcome Jamin Marshall and his team to the Merivale Office. Jamin is supported by Licensed Sales Consultant, Tim Harris, and Personal Assistant, Johanna Adams.

Property is in Jamin’s blood. Both his father and his grandfather were successful real estate agents and it’s something he’s genuinely passionate about. He blends that passion with highly developed communication skills and an extensive network of contacts.

For Jamin, as for Holmwood, people are always at the core of what he does.

 

Day of the Auction: What if no one bids?

In reality, if you have spent the time, energy and money to do the due diligence and to put yourself in a position to bid you need to bid so that the auctioneer knows you are serious about buying the property. If you elect not to bid, the property will be passed in by the auctioneer.

You will then have them, as extra competition and will likely end up in a multi-offer situation. In this case, you will be asked to make your very best offer, one chance only, and you may miss out completely. One of the big advantages of auctions is that you are only competing with the other cash buyers there on the day. Don’t lose the advantage because you are too nervous to bid.

If you would strongly prefer not to bid at auction, you can nominate a sales consultant to do your bidding for you. If you choose this option make sure you have complete faith that the sales consultant will follow your bidding instructions, and that they are fully informed of your bidding plan.

All the best with Auction, don’t be frightened, just do your home work, and bid to whatever level you have decided before hand, if its enough you will have purchased and that will be a relief, if its not enough, no worries……NEXT!

Day of the Auction: What’s a vendor bid?

A vendor bid is essentially a counter offer for the vendor. It is always made well below the reserve figure. If you are still interested, you need to place another bid to have a chance of success. If it gets to a stage after the second, or third vendor bid at the most, the auctioneer will simply say something to the effect of, ‘If there are no more bids in the room, we will pause the auction and we will have a discussion with the buyer.’ Hopefully at that point if you can reach an agreement between yourself, the vendor and the auctioneer, all parties will return to the auction room, the property is on the market, the auctioneer will ask for any final bids and the property is sold.

Jim Davis explains this process in the video below.

Harcourts’ South Island Regional Manager, Jim Davis, comments on the Christchurch real estate market.

As we move into the festive season and the inevitable slow down of Real Estate activity that occurs in late December and over the early January period, it is interesting to read that the market commentators are now caught up with the reality of our Market this year.  The Blazing headlines in the Press property section this week.

“No Aussie-style property slump” this is exactly what we at the coal face have been saying for over a year now.  Christchurch, this strong steady resilient city of ours, has a real estate market that reflects exactly this.  When I run the figures for just the Harcourts offices in our city for the last year and compare it to a year ago the statistics are remarkably similar.  There are a few less consultants running around the city but those that are, have all performed a little bit better over the year.

christchurch real estate

You might recall that in October Canterbury recorded the best sale month for the last 10 years according the REINZ sales statistics. Today REINZ has just released the data that relates to the month of November, and the result is another strong month.

In November there were 620 recorded Residential sales here in Christchurch, the reported Median is $460,000 with an average time on the market of 32 days.  These figures are just slightly back on last month but that is not unexpected when you are following a strong Spring period.  There is no doubt that there is plenty of activity happening in our local market, strong sales are being recorded right up to the Christmas break and open homes are still well attended. However, it is a very balanced situation currently. Buyers have plenty of choice available to them, and from what I am hearing that choice will continue well into next year when the post -Christmas rush starts. This is based on the number of people already talking to our consultants about their plans post- Christmas.  With choice for buyers comes caution and options, hence the reason that property seen as overpriced by the market will be rejected and inevitably will sit until the price expectation of the owner is reviewed.

Auctions  continue to be our preferred marketing option, and in a balanced market such as we have now it is not unexpected that clearance rates “on the day” drop off a little bit.  We still seem to be having around 50% sold under the hammer and the another 20-30% sold subsequently usually to people introduced during the auction program.  This is the great part about Auctions , as a vendor you effectively get two chances.  The first opportunity is with the cash buyers, the second chance is with the rest of the buyers who are waiting and hoping a property doesn’t sell under the hammer.   This method has an advantage for both sellers and buyers, in that the process attracts the ‘cash buyers’ first off and for sellers this means certainty of sale if the price is right. For buyers it means the pool of potential competition is lower initially and they don’t have to worry about getting caught up in the “smoke and mirrors” of a multi-offer scenario.  So, can auction work for all parties and that’s why it is favoured by most people.

christchurch real estate

There is no doubt we will see the traditional Christmas slow down start to take effect in about a weeks’ time, but I have little doubt that there will be a burst of pent up activity on the scene as soon as everyone settles back in the New Year, and I think that is what the media market commentators are now realising. Our market place is a replica of Christchurch itself; strong, steady and resilient.