Welcome to our SOLD Torbay & Long Bay 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.
Tony Cederwall and the Torbay & Long Bay teams
Torbay branch 1054B Beach Road Torbay, Auckland 0630
Long Bay branch 57/167 Glenvar Ridge Road Long Bay, Auckland 0630
P 09 473 9190
E torbay@barfoot.co.nz barfoot.co.nz/torbay
P 09 473 0712
E longbay@barfoot.co.nz barfoot.co.nz/long-bay
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
Torbay, Long Bay & Waiake
Market Share and Figures
We sell across all price brackets and types of property. Here’s proof why people continue to list and sell with Barfoot & Thompson.
Over the last 12 months, Barfoot & Thompson sold more property in our area than any competitor.
For the period from 1st December 2023 to 30th November 2024, we sold 40% of all properties for sale in the area – that’s over 1390 sales made by Barfoot & Thompson!
Bay, Long Bay, Murrays Bay, Northcross, Pinehill, Rothesay Bay, Torbay & Waiake.
Torbay + Waiake
Rothesay Bay
Pinehill
Murrays Bay
Long Bay
Browns Bay + Northcross
Torbay + Waiake
Rothesay Bay
Pinehill
Murrays Bay
Long Bay
Browns Bay + Northcross
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 in Torbay, Long Bay & Waiake 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.
Torbay, Long Bay & Waiake
Lot 5/21 Acacia Road
$1,090,000
48 Alexander Avenue
$1,150,000
34A Awaruku Road
$1,365,000
2/877 Beach Road
$1,928,000
884 Beach Road
$1,335,000
25 Carnmore Place
$1,300,000
32
Cavalli Road
$1,740,000
16C Charmaine Road
$1,150,000
14B Firth Road
$1,246,000
12B Fitzwilliam Drive
$905,000
101 Glenvar Ridge Road
$2,350,000
203/167 Glenvar Ridge Road
$1,270,000
29A Glenvar Road
$895,000
338C Glenvar Road
$910,000
24 Hebron Road
$1,380,000
7 Hopetea Street
$2,400,000
34 Ian Sage Avenue
$1,345,000
24B Killarney Avenue
$1,195,000
8 Killick Place
$1,050,000
51 Kumukumu Road
$1,750,000
2E Nerita Place
$960,000
53 Nor’East Drive
$980,000
6 Orne Street $946,000
Palawan Place
$982,000
7 Palawan Place $1,301,000
4 Taku Close
$2,628,000 $2,060,000 CV Land Size Sale price 600 Bedrooms 5 Floor size 380
6B Tui Street
$1,170,000 $1,385,000 CV Land Size Sale price 545 Bedrooms 3 Floor size 175
19 Valerie Crescent
$1,500,000 $1,400,000 CV Land Size Sale price 1140 Bedrooms 4 Floor size 206
Lot 14/198 Vaughans Road
$1,250,000 $900,000 CV
Land Size Sale price 532 Bedrooms n/a Floor size n/a
Lot 11/204 Vaughans Road
$1,250,000 $890,000 CV Land Size Sale price 493 Bedrooms n/a Floor size n/a
2/26 Waiau Street
$1,125,000 $1,050,000 CV Land Size Sale price Unit Title Bedrooms 4 Floor size 185
39D Watea Road
$1,453,000 $1,325,000 CV Land Size Sale price 190 Bedrooms 5 Floor size 252
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.
North Shore managers from our
The largest network of buyers in Auckland.
ALBANY • BEACH HAVEN • BIRKENHEAD • BROWNS BAY
DEVONPORT • GLENFIELD • GREENHITHE • LONG BAY • MAIRANGI BAY
MILFORD • NORTHCOTE • TAKAPUNA • TORBAY
Meet the Team
Tony Cederwall Branch Manager 027 5466 377
People often ask, “Why would I choose Barfoot & Thompson Torbay?” As Branch Manager, my answer is simple: it’s about understanding. Understanding your story, your goals, and the vision you have for your future. This approach is the foundation of everything we do at our branch.
I firmly believe that with the right leadership, a positive mindset, empathy, and innovative strategies, we can help achieve exceptional outcomes for our clients. My years of experience as a top-performing salesperson on the North Shore taught me the value of these qualities, and I ensure my team upholds the same standards.
I moved to the Bays in 1987, and my roots in this community run deep. From playing rugby and cricket at the East Coast Bays clubs to running my own business for 22 years, I’ve gained a strong understanding of the local area and its people. My business background has also equipped me with valuable skills in finance, customer service and management, which I now apply to leading my team.
My journey into real estate was fuelled by my love for property and a passion for creating spaces where people can see their future unfold. While I no longer sell directly, my focus now is to empower and guide my team to do what we do best - helping people buy and sell their homes with confidence and as little stress as possible.
I’m also dedicated to giving back, particularly through my continued involvement with the charity First Steps Himalayas, a cause that is close to my heart. In honour of my son Robbie, I’m committed to supporting initiatives that make a difference, both here at home and abroad.
At Barfoot & Thompson, we believe in more than just selling properties. As our Managing Director Peter Thompson has said, “We’re in the people business.” With over 100 years of family-owned history, Barfoot & Thompson continues to lead in Auckland’s real estate market, selling two out of every five listed homes.
Those odds reflect the trust we’ve built with our clients and the community.
Family, community, understanding and innovation are at the heart of everything we do. If those values resonate with you, I’d love to welcome you to our branch to discuss how we can support your next real estate journey.
Property Management team
Jody Hetaraka Head of Property Management
Manager
Dorean Posimani Property
027 431 9696
Residential Sales team Torbay
Michele Bensley 021 270 7410
Kyra Perwick 027 311 7953
Chelsea Chen 021 087 87168
Wendy Radcliffe 021 772 070
Karin de Leeuw 027 270 2700
Andrea Tavae 022 476 7273
Isabel Han 021 800 093
Craig Zhu 021 800 280
Residential Sales team Long Bay
Betty Gao 022 383 0408
Mayur Nimje 022 364 5005
Tiki Jiang 021 775 217
Ray Qu 021 190 0881
Eva Li 021 051 3590
Yang Lin 021 0873 3492
1054B Beach Road, Torbay
Residential Sales 09 473 9190
Property Management 09 473 0372
Email torbay@barfoot.co.nz
barfoot.co.nz/torbay
Long Bay
57/167 Glenvar Ridge Road, Long Bay
Residential Sales 09 473 0712
Property Management 09 473 0472
Email longbay@barfoot.co.nz
barfoot.co.nz/long-bay
Barfoot & Thompson
Long Bay