What does Colliers say about NORTHWEST
The Auckland suburb of NORTHWEST is among Colliers International’s annual pick of TOP 10 residential growth areas.
Evans, National Director of Residential Project Marketing at Colliers International, predicts that Auckland’s Northwest, specifically the area spanning from Westgate to Hobsonville Point, will continue to be a significant growth area, with the focus in 2019 moving further north to Kumeu and west towards Redhills.
The Northwest is an area where infrastructure is moving faster than population growth with the opening of the NorthWest Shopping Centre in 2016 offering significant amenity for surrounding development.
Residential intensification of the wider area will offer opportunities for people seeking a more relaxed lifestyle with proximity to the Metropolitan centres of Westgate and Albany.
A substantial residential and commercial development, Kumeu Central, plans to deliver 300 new homes to the Kumeu area, with a mixed offering of residential, retail, commercial and live/work dwellings. The development will also reserve 2ha for public space, which will include a public walkway and cycle track adjacent to the Kumeu River.
In late 2018 the government announced a further $339m investment to support major projects in Whenuapai and Redhills, with the funding expected to help deliver 7,000 new homes to the area.