Welcome to our SOLD Ponsonby Market Report magazine
for December 2024
Our magazine contains the latest available information regarding property sales in the local area along with details of market trends, stats and tips.
Aucklanders continue to have an almost insatiable appetite for property market intelligence, so each month we will share details of the trends in your area. This is just part of our commitment to continue delivering you the highest level of service.
We’ve been locals for decades so we know the area well. Our goal is to apply this knowledge for you so you’re able to make the most of the opportunity that today’s and tomorrow’s market presents.
Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.
Thank you and all the best for the coming month.
Mike Symonds and the Ponsonby team
Ponsonby branch
Level 1, 186 Ponsonby Road Ponsonby 1011 P 09 376 3039 E ponsonby@barfoot.co.nz barfoot.co.nz/ponsonby
Latest News
Long-awaited lift for Auckland housing market arrives
The anticipated resurgence in Auckland’s property market occurred in November with prices and sales numbers increasing.
“The long-awaited return of strong trading finally arrived in November,” said Peter Thompson, Barfoot & Thompson’s Managing Director.
“Sales for the month at 1,002 were up 6 percent on our average monthly sales for the previous three months, and it was the first time in eight months that our sales have exceeded 1,000.
“Prices were also up, with the median price at $1,011,000 pushing above the $1 million mark for the first time in five months. The median price was 6.8 percent above the average price for the previous three months.
“The average price at $1,132,795 was 2.4 percent above that for the previous three months.
“This lift in sales and prices will add to the growing confidence
homeowners and buyers have that the worst is over for the housing market, and that stability is returning.
“The continued outlook for falling mortgage interest rates, a declining rate of inflation and expectations that the economy is edging towards recovery are all contributing to the resurgence in housing activity.
“Market choice for buyers remains at a decade-high level.
“We listed an additional 1,782 properties in November, lifting our month-end stock levels to 5,711. This is 8.3 percent higher than where the average has been for the past three months and 18 percent higher than at this time last year.
“While November’s strong trading has set the market up for an active summer’s trading, high stock levels will likely contribute to price increases being restrained.
“Buyers were active across all price segments in November,
with 19.6 percent of sales being for less than $750,000 and 6.2 percent of sales being for more than $2 million.
“While buyer interest increased markedly in the Rural and Lifestyle markets to the north, south and west of Auckland in November the longer sales process common in these markets creates a longer time lag in sales completion than urban sales. Sales activity in November at $43.1 million was in line with where sales were at this time last year.”
Peter Thompson Managing Director
Market Share and Figures
Market Leaders
We sell across all price brackets and types of property. Here’s proof why people continue to list and sell with Barfoot & Thompson.
Overall Market Share
Over the last 12 months, Barfoot & Thompson sold more than a third of all listed properties in our area.
For the period from 1st December 2023 to 30th November 2024, we sold 34% of all properties for sale in the area – that’s over 2045 sales made by Barfoot & Thompson!
Monthly sales overview in the local area* (*Recent Sales)
This page shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Suburbs in the Central Region area include Auckland City, Eden Terrace, Ellerslie, Epsom, Freemans Bay, Glen Innes, Glendowie, Grafton, Greenlane, Grey Lynn, Hillsborough, Kingsland, Kohimarama, Lynfield, Mangere Bridge, Meadowbank, Mission Bay, Mt Albert, Mt Eden, Mt Roskill, Mt Wellington, New Windsor, Newmarket, One Tree Hill, Onehunga, Orakei, Panmure, Parnell, Point Chevalier, Point England, Ponsonby, Remuera, Royal Oak, Sandringham, St Heliers, St Johns, St Marys Bay, Stonefields, Three Kings, Wai O Taiki Bay, Waterview & Westmere. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
1st September to 30th November 2024 compared to
* Grey Lynn, Herne Bay, Ponsonby, Point Chevalier St Mary’s Bay & Westmere
1st September to 30th November 2024 compared to the same period last year.
Westmere
Ponsonby
Point Chevalier
Herne Bay + Saint Marys Bay
Grey Lynn
Freemans Bay
Westmere
Ponsonby
Point Chevalier
Herne Bay + Saint Marys Bay
Grey Lynn
Freemans Bay
GETTING YOUR HOUSE READY TO SELL IN SUMMER
Summer is a hot time of the year to sell and recent promising median price gains are compelling people to reconsider waiting to put their home on the market.
Additionally, properties available for sale have increased and sales activity is recovering. So in short, there are currently many opportunities for vendors willing to make a move now. Here are five things that you can do to ensure your property is presented at its best.
1. Get an appraisal
Our salespeople are expertly skilled at assessing value and they integrate their knowledge of the neighbourhood and the current market. Appraisals are pressure-free and come with zero obligation.
2. Think about first impressions
Before a buyer enters your home, they’ve already formed an opinion based on what they’ve seen from the road. Freshly cut lawns, a well cared for garden or hedge, clean paintwork on the house exterior and water blasted concrete and fences make a huge difference and will make the buyer want to step inside.
3. Declutter and clean
Remove clutter from all your spaces so that potential buyers can visualise themselves in the house. This includes removing very personalised art and family photos.
4. Repairs and renovations
Get to those repairs that you have been putting off. Embrace your inner DIY-er and tackle things like plaster cracks, leaks, rusty squeaky hinges, cracked glass and other things that people will notice.
5. Stage the house for buyers
While it is not a must-do to put your home on the market, it is at least worth a little research and a couple of calls to see what home staging would run you.
Our salespeople have all the experience you need and are happy to provide you with more advice and information. Feel free to drop in at a branch, call, or contact us online.
To find out more, contact one of our local salespeople
Recent
Sales
The following pages show a summary of sales Ponsonby (inc. Herne Bay & St Mary’s Bay), Grey Lynn, Westmere and Point Chevalier made by all selling agencies during November 2024.
Our sales data includes information submitted by the selling agency and may include some private sales. Where details of a particular sale may not have been able to be fully verified, it may be omitted from our reports.
Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.
Every reasonable effort has been made to ensure the accuracy of the information presented. Land and floor sizes are approximate, sourced from REINZ, Auckland Council or other public sources and may contain inaccuracies. Barfoot & Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Ponsonby Area
1E Caroline Street
$970,000
47 Islington Street
$3,125,000 $2,925,000
1/135 Jervois Road
$1,100,000
201A Jervois Road
$4,100,000
9/97 Jervois Road
$4,300,000
53 John Street
$3,880,000
91 John Street
$2,501,000
90 Lincoln Street
$2,125,000
2/7 Masefield Avenue
$2,800,000
74
Norfolk Street
$1,050,000 $1,240,000 CV
2 Floor size 94
3/38 Sarsfield Street
$1,350,000 $1,850,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 169
5/20 Shelly Beach Road
$567,500 $790,000 CV Land Size Sale price Unit Title Bedrooms 1 Floor size 44
201/32
Shelly Beach Road
$3,275,000 $4,750,000 CV
17 Tawariki Street
$1,360,000
2C Tweed Street
3
$1,890,000 $2,150,000 CV Land Size Sale price Unit Title Bedrooms 3 Floor size 185
2/4 Vermont
Street
$1,195,000 $1,080,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 62
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
46 Cooper
Street
$1,510,000
68 Crummer Road
$2,040,000
91 Crummer Road
$2,615,000
Dickens Street
$955,000
31 Dickens Street $4,100,000
67 Francis Street $2,360,000
Great North Road
Lot 20/28 Hadlow Street
16 Hakanoa Street
$2,370,000 $2,850,000 CV
Land Size Sale price 640 Bedrooms 3 Floor size 113
502/12 MacKelvie Street
$1,370,000 $1,425,000 CV Land Size Sale price Unit Title Bedrooms 2 Floor size 95
218 Richmond Road
$1,472,500 $2,000,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 77
16 Wellpark Avenue
$3,460,000 $4,150,000 CV
Land Size Sale price 374 Bedrooms 4 Floor size 227
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Westmere
62A Larchwood Avenue
Land Size Sale price Crosslease
$1,605,000 $1,925,000 CV
Bedrooms 4 Floor size 154
79 Old Mill Road
$2,560,000 $2,225,000 CV Land Size Sale price 447 Bedrooms 3 Floor size 126
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Point Chevalier
1/55 Alberta Street
$1,100,000
11 Boscawen Street
$3,100,000
35 Formby Avenue
$1,700,000
104A Kiwi Road
$1,995,495
8 Lynch Street
$1,850,000
4 Novar Place
$600,000
1/480 Point Chevalier Road
$1,750,000
500 Point Chevalier Road
$3,500,000
6 Rama Road
$2,305,000
5 Riro Street
$1,435,000 $2,200,000 CV Land Size Sale price 578 Bedrooms 2 Floor size 90
20A Walmer Road
$1,776,000 $1,775,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 169
14 Wright Road
$1,400,000 $2,075,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 109
This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Meet the Team
Mike Symonds
Branch Manager 021 330 307
Mike Symonds is the manager of the Barfoot & Thompson Ponsonby and Wynyard Quarter branches.
The combined branches have a team of approximately 32 highly motivated, experienced salespeople, a fantastic property management team, together with a dedicated customer service manager, all of whom have a wealth of local knowledge and real estate expertise. Our primary aim is to match our clients with the right customers and ultimately achieve the all important “SOLD” sign. More than any other company Barfoot & Thompson understands the area and has a large share of the local market.
We pride ourselves on our client and customer referrals due to our unparalleled professional service and dedication to achieving a great result.
As part of the Barfoot & Thompson network we have immediate access to over 77 branches and more than 1,800+ salespeople covering the greater Auckland and Northland area, as well as the Barfoot & Thompson website, www.barfoot.co.nz, which provides exposure to property listings 24 hours a day, seven days a week. We pride ourselves on being one of the most technologically sophisticated real estate agencies, with an advanced computer system managing listings and providing the latest information on market trends, finance and customers.
Prior to managing the Ponsonby and Wynyard Quarter branches, Mike managed other real estate offices specilising in both residential, lifestlye and commercial property and has extensive experience in selling and leasing commercial property for Barfoot & Thompson City branch . Mike combines this knowledge and experience to help assist the branch and provide a superior service to his team, clients and customers.
If you’re thinking of selling, feel free to phone or call in and see us. Our experienced staff will be happy to guide you through the process looking at cost-effective marketing solutions to sell your property for the best price. Call me anytime, or email me at msymonds@barfoot.co.nz
Property Management team
Maureen
Residential Sales team
Philip Burley 021 660 766
David Dowse 0274 993 319
Howie John 022 530 2007
Carl Madsen 021 953 152
Layne Stephens 0274 505 228
Clennah Chan 027 449 7136
Heather Hannah 021 762 260
Sherryl Jones 021 122 3651
Rosanne Madsen 021 545 183
Ashley Tait 021 325 009
Dino Curo 021 227 2271
Gabrielle Hoffmann 021 021 66611
Jan Klee 0274 99 5244
Matt O’Brien 021 687 866
Rick Thevenard 027 448 1888
Luke Dallow 027 291 0476
Nicola Hunt 021 303 180
James MacDonald 021 076 1450
Felicity Scott 0274 522241
Carl Watkins 021 424 736
Level 1, 186 Ponsonby Road, Ponsonby, Auckland 1011
Residential Sales 09 376 3039
Property Management 09 376 4819
Email ponsonby@barfoot.co.nz
barfoot.co.nz/ponsonby