Mission Bay Property Management Team
Amar Durakovic
Head of Property Management 021 479 566
Steven Liu
Property Manager 027 484 3599
Property Manager 027 540 9895
Property Manager 027 294 5449
Property Manager 027 241 2229
Stacey Thomas
Eve Pallatt
Emma Steventon
Hello
Welcome to the December edition of our RENT – Property Management magazine from the Mission Bay branch team. Inside you will find the latest property management market data for the areas across Auckland, along with tips and information about our Property Management services.
I joined the Barfoot & Thompson Mission Bay branch in January 2018 having previously worked at another property management company. In my first year as a property manager, I was awarded the Real Estate Institute of New Zealand’s Rising star award in property management.
The award was a great honour, but more so a reflection of my emphasis on providing great customer service. Along with my team at Mission Bay we work ambitiously to provide world class service, deliver exceptional results and to understand our clients individual needs.
As a team we have a combined depth of knowledge and experience which ensures that we can take the everyday stresses of property management away from our owners and tenants.
We invite you to pop into the branch at any time and to discuss what is happening in the current market and to align your needs with our services both in property management and in sales.
Living locally we know our area and have strong networks to assist right across Auckland. We look forward to being of service to you
Amar and the Mission Bay Property Management Team.
Mission Bay branch 101 Tamaki Drive, Mission Bay, Auckland 1146
Property Mgt 09 521 0152
E a.durakovic@barfoot.co.nz barfoot.co.nz/mission-bay
Latest News
Auckland’s Quarterly Rental Update
Pressure on Auckland rents eases, rent rise dips under 5 percent
The average weekly rent paid in Auckland was 4.81 percent higher in September 2024 than one year ago, rising by $31.44 to $685.47.
The statistics are drawn from more than 17,500 tenancies managed by Barfoot & Thompson in the Auckland region, tracked monthly against previous activity and released quarterly. This update ends 30 September.
September’s rise is indicative of the pressure on Auckland rents easing slightly, as the annual increase dipped under 5 percent for the first time this year. The annual increases measured over the previous three quarters were: December 2023 up 5.27 percent; March 2024, 5.69 percent; and June, 5.59 percent.
Barfoot & Thompson’s General Manager for Property Management
Samantha Arnold says the latest data for Auckland’s average rents showed that easing was across the board, with only one area of the region, Rodney, registering slightly higher than last quarter – 3.82 percent against 3.81 percent.
“The signs of a potential easing in activity levels and pricing began to emerge last quarter in some areas of the region, and we are seeing some of that bed in further this quarter.
“We anticipate a general settling in the pace of renter activity and rental pricing moving forward.
“There are existing factors, such as some renters holding off on moves to help manage pressure on their household budgets and landlords choosing to hold rents to retain steady tenancies, and more recent influences, like
the fall in migration gains evident in the Government’s June figures.
“These figures showed the number of arrivals has dropped from the 2023 peak, while the number of departures has increased.
“Some of our property managers are seeing elements of this in their day-to-day work too, with an uptick in appraisals for property owners considering renting their home when they move overseas. This trend will almost certainly impact the stock of rental properties.”
Samantha Arnold Property Management General Manager
Auckland Region Rental Summary
November 2024
Market Facts and Figures
AUCKLAND AVERAGE
Central Auckland
Franklin/Manukau Rural
North Shore
Pakuranga/Howick
Rodney
Rodney
Suburb
South Auckland
HOT HOLIDAY TIPS FOR RENTERS
TOP TIPS
The holidays are almost here! Whether you’re spending time at the beach or heading out of town, here are a few simple precautions that can keep your home secure.
Make sure your property manager knows when you’re away, just in case something crops up. Update them with your contact details, and maybe have a quick word with the neighbours too. A friendly pair of eyes on your place never hurts!
Find out more about our Property Management service and tips for landlords on our website at this link: barfoot.co.nz/landlords/help-andtips
Don’t make it easy for burglars.
Sadly, Christmas and New Year are busy times for burglars. But a few easy steps can keep your home off their radar:
• Skip the social media brag. Hold off on posting your holiday snaps until you’re back, no need to broadcast that your house is empty.
• Hide those pressie boxes. Don’t leave big boxes from new gadgets or appliances out by the kerb. Break them down so you’re not advertising what might be inside your house.
• Gift hiding 101. Keep presents and valuables away from the windows and out of sight, to avoid tempting passersby!"
• Lock up tight. Double-check all doors and windows before you go.
• Lights, camera, security! Motion-sensor lights or timers can give the impression someone’s home. A cheap deterrent that works wonders.
No alarm system? Even a dummy camera can do the trick.
They’re inexpensive, easy to spot, and enough to make burglars think twice. And if you’re thinking of going the extra mile and getting an actual alarm or security cameras installed, they might even help lower your insurance premiums.
What’s your property manager’s holiday plan?
Check in with your property manager to find out their hours over the break. Barfoot & Thompson always have someone on call, so you’ll never be left in the lurch if something goes wrong. Good to know, right?
Decorating? Keep it damage-free.
We all love a bit of festive flair - tinsel, fairy lights, the works. But remember, nails and hooks can leave a mark that you’ll end up paying for later. Opt for removable plastic hooks, and if you’ve got a real tree, pop a mat under it to avoid water stains on the wood or carpet. Oh, and switch those fairy lights off when you’re not home - nobody wants a fire hazard or a surprise spike in the power bill.
Enjoy your summer, stay safe, and if you need any help or advice while you're away, remember that your Barfoot & Thompson property manager is just a phone call away.
Auckland Suburbs
Market Data
The following pages show a summary of rental market data for suburbs across Auckland for the last six months, as sourced from the Ministry of Business, Innovation & Employment NZ - Tenancy Services for the period shown.
Please do not hesitate to contact any of our Property Management team if you would like more information, we would be delighted to help you with your Real Estate needs.
*The data shown on this page is sourced from the Ministry of Business, Innovation & Employment NZ - Tenancy Services for the period shown. Summary totals include averages for some types of property not shown. The market rent information comes from bond data. The results may not be a true indication of the rental market, as they only reflect properties where bonds have been lodged in the previous 6 months. More information is available at https://www.tenancy.govt.nz/ rent-bond-and-bills/market-rent/market-rent-explained.
Market rent in Albany
Market rent in Chatswood
Market rent in Epsom
Market rent in Glen Innes
Market rent in Grafton
List with a good listener.
At Barfoot & Thompson, we understand that every buyer’s needs are unique, and so we take the time to personalise our service accordingly. Once our salespeople have sat down with you to determine the right type of buyers for your property, we’ll produce a customised marketing plan that works with your budget and timeframe. We want you to
be 100% confident and happy with the process, so we’ll never force you into a rushed decision. We believe getting you a result is only half the job –you also need to be completely satisfied with how we get there. No wonder we make one in three of Auckland’s property sales every day. Check out our website to find out more.
barfoot.co.nz
Market rent in Herne Bay
Market rent in Mairangi Bay
Market rent in Mangere
Market rent in Milford
Market rent in Mt Wellington
Market rent in Northcote
Market rent in Orakei
APARTMENT/FLAT
Market rent in Point Chevalier
Market rent in Rothesay Bay
Market rent in St Johns
HOW WE HELP LANDLORDS
Stress-free property management?
No worries.
Owning a rental property can provide outstanding returns over time, but can also be a time consuming and stressful business.
From screening tenants, negotiating rent increases and getting calls about blocked sinks, you know what a hassle it can be. But when you leave the hassle to someone else, you want to be confident that your property is being well looked after.
That is where Barfoot & Thompson’s Property Management team comes in.
Our team of dedicated property managers removes the stress of maintaining your investment. We’ll find the right tenants, collect and review rent, arrange maintenance and more - all for a very competitive agreed rate.
Managing over 15,500 properties across Auckland and Northland, we have our finger on the pulse of the latest rental rates and access to quality tenants. By choosing a company awarded Best International Lettings Agency 2017/18, you can be sure your property is in safe hands.
“The industry is dynamic and it is evolving. We are seeing high immigration levels impacting the market. Our average tenancy is now almost 2 years, and changes in legislation mean that poor management can not only affect your revenue, it can affect people’s lives. With our knowledge of both the industry and the rental market in Auckland and Northland, we are committed to providing consistent and reliable service to investors and the people renting our properties.”
Kiri Barfoot
Our services
The best thing we offer is peace of mind, but we have a range of other great services too! Whether you have a single rental property or a full investment portfolio, Barfoot & Thompson Property Management has a service to suit your needs. We also offer body corporate and commercial property management services for your investment.
Full property management service
If you’d like us to take all of the stress off your hands, go for our full property management service. This includes:
• An online marketing campaign for your property, including free listing on barfoot.co.nz. realestate.co.nz and trademe.co.nz
• Automated booking system for prospective tenants to streamline the viewing of your property and 24/7 response to inquiries.
• Credit and reference checks.
• Interviewing and rigorous screening of suitable prospective tenants and completion of residential tenancy agreement.
• Bond lodgement with the Bond Centre.
• Dispute resolution on your behalf.
• Income collection and reporting.
• Thorough inspections of your property including an initial inspection with your new tenant, regular follow up inspections at a pre-arranged frequency, and a final inspect1on before the tenant moves out.
• Arrangement of property repairs and maintenance, including advice and assistance on the best way to rectify any damages, deal with tenants, and approach the Tenancy Tribunal if required.
• Access to professional tradespeople at reduced costs.
• Advice on current market conditions and rental rates as well as regular rent reviews.
• Guidance around changes in legislation to ensure your property meets the required standard.
• Access to the latest technology (such as our trust account management system) to ensure your money is safe at all times.
Cost: A competitive fee of 8.5% + GST (9.5-% + GST if the property is furnished) of all money collected and any repairs and maintenance we carry out on your behalf. The fee is usually tax deductible. Extra costs may apply for credit checks and marketing upgrades.
Cost: A competitive fee of 8.5% + GST (9.5-% + GST if the property is furnished) of all money collected and any repairs and maintenance we carry out on your behalf. The fee is usually tax deductible. Extra costs may apply for credit checks and marketing upgrades.
Why choose us?
Why use a property manager?
Apart from the time and hassle it takes to find tenants and arrange repairs and maintenance, there’s a lot of legislation to understand and processes to follow - especially if a dispute with tenants arises.
By using a property manager, you can be sure that an expert is looking after your investmentso when issues arise they are managed quickly and effectively.
Why choose Barfoot & Thompson?
As an investor you want to know your rental property is in safe hands. By choosing us, you’re choosing a company that has been awarded Best International Lettings Agency 2017/18. You’ll have the strength of Auckland’s largest and most trusted real estate company behind you and peace of mind that property management experts are protecting your investment.
The power of Barfoot & Thompson
Barfoot & Thompson is New Zealand’s largest privately owned real estate company - still run by the Barfoot and Thompson families after more than 90 years.
We manage over 15,500 rental properties and with dedicated property managers in over 60 branches, we have the experience and scale to help you.
Knowledge, experience and service
We know the property market inside out, including the intricate legislation and legalities behind property investment. We provide you with the highest quality advice so you understand the obligations, responsibilities and rights for you as a landlord and for your tenants.
Leaders in our market
We’re committed to being the best real estate agency around. We are thrilled to be recognised nationally and internationally for providing outstanding service including being awarded Best International Lettings Agency 2017/18.
• International Property Awards
• Best International Lettings Agency 2017/18
Best Real Estate Agency Asia Pacific - 2 years running
• Best Real Estate Agency Marketing Asia Pacific 2017/18
• REINZ Large Real Estate Agency of the Year
- All Disciplines 2017
It doesn’t cost as much as think
Our complete service comes at a very competitive property management fee of 8.5% + GST or 9.5% + GST if your property is furnished, of all monies collected and any repairs or maintenance carried out on your behalf. There are no additional charges for inspections, representation at dispute resolutions or when your property is vacant. (N. B. There may be fees for credit checks, additional inspections or marketing upgrades).
The right tenants, the right rent
Our wide-reaching network, rigorous selection process and market knowledge ensures you’ll get the right tenant and be paid the right rent for your property. We conduct regular rent reviews, so you’ll see an increase in rent to match any changes in the market. And with our large tenant portfolio we will do our best to ensure your property is always occupied
You can trust that your money is in good hands
Handling of your rental funds is managed through our head office accounting department. Unlike many other property management companies all money collected on your behalf is held in an audited trust account so you know where it is at any time.
We work hard for you
From the very beginning, we work hard to ensure your investment is well looked after. Here’s an overview of what you can expect when you choose to work with our expert team.
Initial consultation
We identify the management service that meets your needs and help you complete all the paperwork needed.
Account activation
We set up your account in our management system. This includes all the details for your property. All future quotes, repairs, maintenance and information associated with your property will be linked to this account and can be sent to you easily whenever you require it.
Marketing
We organise all the marketing for your property (in line with your agreed marketing strategy and budget). This can include advertising copy, signboards, photography, floorplans and video.
Finding tenants
To locate quality tenants, we organise online advertisements on barfoot.co.nz, realestate.co.nz, and trademe.co.nz. This service is free of charge for you.
Property viewings
We conduct viewings of your property by appointment on your behalf. Our Book-AViewing system helps us manage these efficiently for you. Ask us for more information.
Tenant applications
We know that the success of your investment lies in finding you a quality tenant. We thoroughly check every tenant that applies to rent your property. This includes looking at employment references, past rental history, credit checks, tenancy tribunal checks and proof of income.
Approval
Once we’ve screened our shortlisted applicants we present these applications to you so that you can make an informed decision and select the most suitable tenant for your property. Everyone is different and you may or may not want to be involved in this part of the process; the decision is yours.
Notification
Once an appropriate tenant has been selected, we promptly notify them of the decision to avoid losing them to another rental property.
Preparation
We organise all final paperwork, monies and lodgement of the bond. If your property is vacant or a tenant is vacating it will be cleaned, the state of all chattels is documented and any necessary maintenance is completed.
Pre-inspection
We complete a full inspection of your property, including water readings and body corporate information (if applicable).
Handover
Once a full inspection is completed and recorded, we meet and hand over keys to your new tenant on commencement date.
Receiving rent payments
Unlike many property management companies, we collect rental funds from your tenants and hold them in an audited trust account so you know where your money is at any time.
Find out more about what a property manager can do for you, visit barfoot. co.nz/howwehelp
Find out more about what a property manager can do for you, visit barfoot. co.nz/howwehelp
FAQs
From the very beginning, we work hard to ensure your investment is well looked after. Here’s an overview of what you can expect when you choose to work with our expert team.
How much will your service cost me?
Barfoot & Thompson charge a flat fee of 8.5% + GST (9.5% + GST if the property is furnished) of rent collected and any repairs, maintenance, and renovations carried out, or invoices paid on your behalf. There is no extra charge for routine inspections, administration, monthly and end of year financial statements and mediation or any appearances we make at the Tenancy Tribunal on your behalf.
Our fee is very competitive, and these costs may be tax deductible.
How often will you pay me?
We pay you monthly or twice a month, whichever you prefer, by direct crediting funds into your account. A comprehensive monthly statement detailing funds collected and disbursed on your behalf can be posted or emailed to you anywhere in the world. Invoice copies of accounts paid are included.
Do you collect a bond?
Yes. The Residential Tenancies Act requires that no more than four weeks bond be collected. Unless otherwise agreed, Barfoot & Thompson consider two weeks to be the minimum that should be paid. The bond is paid before the tenant takes possession and held by the Bond Centre until the tenant vacates.
Will it cost me to advertise the property?
No. If you have a full property management contract with us, our Option A marketing package is complimentary. You may choose to upgrade your marketing package at an extra cost.
Will I be charged for a vacant property?
No.
What if my tenant doesn’t pay the rent?
Barfoot & Thompson rent collection is computer monitored, enabling us to act very quickly when a rental payment is missed. The debt recovery process commences immediately. While we take every possible action to resolve the matter, in some cases it may be necessary to take the tenant through the mediation process or to the.
Tenancy Tribunal. If this is the case you will not be charged for our time.
Does Barfoot & Thompson guarantee me for any loss of rent?
No.
I will be moving overseas - can you handle all repairs?
Yes. Our property managers use a range of contractors who are highly skilled, competitively priced and quick to respond to our calls. If you have a preference for any particular tradesperson we would be pleased to accommodate this.
Legally, if you are overseas for 21 days or more, you are required to appoint someone to manage your property.
How often will you inspect my property?
Inspections are carried out on a regular basis. The frequency should be discussed with your property manager at the commencement of the management. Be sure to check what your insurance policy states as well, as they do generally have a set frequency. Pass this onto your property manager and we will set it as what is required.
What if I want to sell the property?
Your property manager can arrange with any of our experienced sales staff to have the property appraised and then listed for sale. This can be a very delicate situation and it is important that it’s handled professionally and efficiently. It is our job to ensure you and your tenants interests are protected. Your property manager will be happy to walk you through the process at any time.
Do you offer a Body Corporate service?
Yes, we offer full body corporate services. Ask our property managers for more details.
Do you offer commercial property management services?
Yes, we offer comprehensive property management services for commercial investments. Ask our property managers for more details.
Meet the Team
Ross has bought, developed and sold property in Auckland, Sydney and Melbourne and has maintained an avid interest in the real estate industry over many years. Through his work he has met and built relationships with people from all walks of life from all over the world, and he has always maintained the focus of achieving the very best result for everyone involved.
Ross is dedicated to looking after his client’s best interests and delivering great results every time. As a born and bred Aucklander, Ross has a fantastic grasp on the Auckland property market and a manner to put anyone at ease. His calm, professional and friendly approach, along with his immaculate attention to detail and astute advice, enables his clients to trust him completely from the outset. He has the ability to understand his client’s individual needs, relating to both buyers and sellers by analysing situations from their perspective and advising them accordingly.
With a consistent track record of exceeding expectations in his profession, Ross is committed to exceptional service through straight forward, honest communication and building trust and rapport with all of his clients. His dedication and unparalleled levels of service ensures he achieves excellent results.
Ross lives in central Auckland with his partner Delia, daughter Grace and Enzo the dog. He enjoys walking, swimming and long bike rides and is a life time Auckland and All Black rugby supporter.
Property Management team
Residential Sales team
Robert Ballard 022 682 0063
Mark Edmonds 027 493 5657
Sally Kam 027 567 2268
Keith Simpson 027 255 5050
Dayle Barnes 027 610 6101
Aaron Foss 021 367 791
Jason Li 021 195 0668
Mary Turner 021 523 868
Dan Barry 021 649 181
Danny Gu 021 907 617
Rachel Liu 022 021 9903
Cathy Xue 029 121 1596
Mel Barry 021 021 78880
Hou 021 628 658
Alex Mathew 027 358 8165
Lawrence Yuan 021 038 5588
Brown 021 125 0931
Izzard 021 284 1020
Veronica Schoonraad 021 358 270
Zhang 021 221 1139
Tania
Nicole
Paula
Mae
101 Tamaki Drive, Mission Bay, Auckland 1146
Property Management 09 521 0152
Residential Sales 09 528 0775
Email a.durakovic@barfoot.co.nz
barfoot.co.nz/mission-bay
Barfoot & Thompson