Jun.2023 Beach Haven Market Report barfoot.co.nz/beach-haven
Welcome to our SOLD Beach Haven Market Report magazine for June 2023
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.
Beach Haven branch 356 Rangatira Road Beach Haven, Auckland 0626 P 09 482 5428 E beachhaven@barfoot.co.nz barfoot.co.nz/beach-haven
Sara-Jayne Kingston and the Beach Haven team
Latest News
Eager House Buyers Return To Auckland Market
Eager buyers returned to the Auckland housing market in May, with property sales being their best in a month since May last year.
“After a dismal month’s trading in April, when sales hit their lowest in an April for 22 years, sales of 723 in May were not far off what was being achieved at this time of the year pre-Covid,” said Peter Thompson, Managing Director of Barfoot & Thompson.
“May’s sales are another sign that the Auckland property market has either hit the bottom of the current cycle or is close to it.
“While both the median and average sales prices for the month eased on those for April, it was the number of sales that is the standout feature with sales being a third higher than the average monthly sales for each of the past three months.
“It shows buyers are not shying away from paying current mortgage interest rates.
“It is a positive signal that after we ease through the coming winter trading months the market has the capacity to rebound.
“The median sales price for the month at $955,000 is down 4 percent on that for April while the average price at $1,070,819 is down 1.5 percent on that for last month.
“While the median price paid in May was down 15.1 percent on that 12 months ago, the average price was down much less at 10.9 percent.
“Vendors will be encouraged that prices have now reached that point where more sales are being made and support the recent comments by the Governor of the Reserve Bank that house prices are at ‘more sustainable’ levels.
“A good flow of new listings reached the market in May, with 1,262 new listings for the month being close to what we have averaged each month over the previous three months.
“At month’s end, we had 4,390 properties on our books. While this is our lowest number in 14 months, it still ensures that potential buyers have a greater choice than was available pre Covid days.
“Once sales numbers start to increase, we can anticipate potential choice will start to decline.
“Buyers have returned to the high end of the market, with 31 homes being sold in May for more than $2 million, the second highest number of monthly sales in this price category this year.
“Sales in the under $750,000 price category were also in demand, with 148 sales being registered.
“The rural and lifestyle markets to the north, south and west of Auckland experienced slow trading at the start of the month but lifted significantly in the second half, delivering a modest lift in sales to 27 properties in May. This is the second best trading month for this calendar year.
“There was a marked lift in vendors seeking property appraisals, and a strong sentiment that the bottom of the market cycle was not far off.”
Peter Thompson Managing Director
Sales Data Beach Haven & Birkdale May 2023 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 (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect. We Do make a difference. Talk to us about Barfoot & Thompson’s number of days on the market for our different sale methods. SALE PRICE Average $994,750 Highest $3,100,000 Lowest $525,000 MEDIAN Sale Price $894,000 CV $1,012,500 TOTAL SALES May 2023 20 May Last Year 21 5%* * Total monthly sales up/down compared to the same period last year. BY PRICE BRACKETS $0 - $750K 6 $750K - $1M 8 $1 - $1.5M 4 $1.5M+ 2
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.
Monthly sales
Overall Market Share
Over the last 12 months, Barfoot & Thompson sold more property in our area than any competitor.
For the period from 1st June 2022 to 31st May 2023, we sold 40% of all properties for sale in the area – that’s over 1100 sales made by Barfoot & Thompson!
overview in the local area* (*Recent Sales)
Figures shown on this page include information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. The area shown includes all suburbs in the Auckland North Shore region, as defined by REINZ (excluding Coatesville). Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. 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.
27% 42% 43% $0-750K $750K-1M $1-2M $2-3M $3M+ 35% 17%
40%
Figures shown on this page include information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where sales information was not publicly available, an individual sale may have been excluded from the average results and tallies. Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. 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 March to 31st May 2023 compared to the same period last year. Last 3 months Same period last year Number of Sales 1st March to 31st May 2023 compared to the same period last year. 75 10 31 22 31 34 68 12 47 32 42 31 0 10 20 30 40 50 60 70 80 Glenfield Chatswood Birkenhead Birkdale Beach Haven Bayview Same Period Last Year Last 3 months Same period last year Last 3 months Average sale Price $994,015 $1,310,900 $1,028,367 $922,931 $966,741 $962,136 $1,102,900 $1,577,375 $1,474,174 $1,031,566 $1,129,492 $1,111,468 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Glenfield Chatswood Birkenhead Birkdale Beach Haven Bayview Same Period Last Year Last 3 months 26% of properties in Beach Haven & Birkdale sold for $1 million or more over the last 3 months.
WHAT TO EXPECT FROM YOUR SALESPERSON
There are a number of services that we can provide when you are selling your house, including advice, communication and marketing.
Your Barfoot & Thompson salesperson will be able to provide:
1. Information about the current market and your local area
This will help you get a good feel for what your house is worth.
2. Advice on the best method of sale
There are a number of ways you can sell your home, whether it's by auction, negotiation or tender your salesperson should be able to talk you through each option and help you decide which method is most suitable for your property and your situation.
3. A comprehensive marketing plan
They'll look into a number of options and put together a plan that is suited to your home and your budget. The plan could cover things like professional photography, signage, online marketing, brochures and flyers, print advertising and open homes. Find out more about your marketing options with Barfoot & Thompson.
MARKETING.
4. Tips on presenting your home
Talk to one of our salespeople
To find out more, contact one of our local salespeople
A well presented home will attract more interest and help you get maximum dollar. Your salesperson should be able to advise you on the key things buyers look for in a property. Find out how to prepare for open homes.
5. Communication along the way
They'll keep you informed during your selling process so you know what level of interest there is and how much your home is worth, according to feedback from buyers.
ADVICE
&
COMMUNICATION
Recent Sales
The following pages show a summary of sales in Beach Haven and Birkdale made by all selling agencies during May 2023.
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.
Beach Haven
MAY 2023 51A Aeroview Drive $600,000 $1,050,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 100 52A Aeroview Drive $550,000 $575,000 CV Land Size Sale price 360 Bedrooms n/a Floor size n/a 208 Beach Haven Road $990,000 $1,025,000 CV Land Size Sale price 618 Bedrooms 4 Floor size 100 43 Dakota Avenue $1,635,000 $1,775,000 CV Land Size Sale price 1242 Bedrooms 3 Floor size 170 1/94 Island Bay Road $1,050,000 $1,225,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 100 30 Japonica Drive $930,000 $1,050,000 CV Land Size Sale price 450 Bedrooms 5 Floor size 150 3/51 Kia Ora Road $610,000 $700,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 60 Lot 5 /133 Lancaster Road $757,000 n/a CV Land Size Sale price n/a Bedrooms n/a Floor size n/a 4B Lancaster Road $990,000 $1,000,000 CV Land Size Sale price 450 Bedrooms 3 Floor size 113
5 & 7 Lancaster Road
$3,100,000
17 Ranch Avenue
$1,040,000
263 Rangatira Road
$1,040,000
3/332 Rangatira Road
$525,000
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.
MAY 2023
$2,700,000 CV Land Size Sale price 2024 Bedrooms n/a Floor size n/a
$940,000 CV Land Size Sale price 658 Bedrooms 3 Floor size 100
$1,250,000 CV Land Size Sale price 1014 Bedrooms 3 Floor size 93
CV Land Size Sale price Crosslease Bedrooms 2 Floor size 61
$730,000
These days, selling a property is all about views.
Buyers now spend more time than ever online, so it’s smart to market your property there too. Fortunately, our salespeople are well-versed when it comes to all things digital. Want a 3D walkthrough to fully showcase your home’s features? We can do that. Or to advertise your place with a video on Facebook or YouTube? Not a problem. And we have a wide network of property websites to list your property on, ensuring your place is seen by as many potential buyers as possible. To find out how else we can help, check out our website.
barfoot.co.nz barfoot.co.nz
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.
274 Birkdale Road $1,335,000 $1,450,000 CV Land Size Sale price 804 Bedrooms 5 Floor size 185 1/3 Flaxdale Street $550,000 $730,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 100 8 Lanigan Street $903,000 $1,000,000 CV Land Size Sale price 875 Bedrooms 3 Floor size 90 62 Lauderdale Road $800,000 $900,000 CV Land Size Sale price 263 Bedrooms 3 Floor size 81 17 Paramu Avenue $885,000 $1,050,000 CV Land Size Sale price 718 Bedrooms 3 Floor size 100 17A Paramu Avenue $875,000 $1,050,000 CV Land Size Sale price 402 Bedrooms 4 Floor size 100 68B Stott Avenue $730,000 $750,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 60 MAY 2023
Birkdale
Meet the team
Honest, hardworking and enthusiastic, the team at Barfoot & Thompson Beach Haven work together to deliver the best service - and the best results - for all of their clients
Barfoot & Thompson has been part of Beach Haven since 2004, and the team has grown alongside the community. With a great deal of experience and a trusted reputation, they consistently sell more properties in the area than any other agency.
Beach Haven is a tight knit seaside community where locals look out for one another - and the team at Barfoot & Thompson work in very much the same way. Their objective is to work together and give their customers honest, regular, open communication at all times. They are also proud to support a number of community groups, including the local squash club, schools, bowling club and community centre.
The branch has an ever growing rentals team, offering dedicated property managers to look after all aspects of your rental or investment property, or help you find the perfect home.
Family owned and operated for 90 years, Barfoot & Thompson are a well respected real estate brand who emphasize open communication and teamwork across all of their 77+ branches in Auckland and Northland. As a non franchised agency, all 1,700+ salespeople work for Barfoot & Thompson, rather than individual franchises. This means they share information and listings, resulting in far greater reach and selling power.
The Beach Haven area
Beach Haven and neighbouring Birkdale are quiet residential suburbs boasting beautiful beaches, coastal and bush walks and many recreational opportunities. Homes range from traditional villas and baches to modern townhouses, apartments and fabulous cliff top properties with stunning views.
The small but busy shopping centre offers a bakery, pharmacy, post shop and three dairies, as well as a café and take-away food outlets. The area is popular with families and has a variety of primary schools as well as an intermediate and the award winning Birkenhead College.
Sara-Jayne Kingston Branch Manager 021 767 729Residential Sales team
Property Management
Echo Fan 021 933 822
Yvonne Daire 022 358 4774 Linda Ferguson 021 442 416
Darcy Goodgame 021 082 17035
Joanne Yin 021 021 67888 Aja Guo 021 132 9003 Liz Hurley 027 499-3291
Kash Srini 027 293 2204
Akshay Sharma 021 066 7614
Katie Peirce 021 473 777
Gurvik Singh 021 257 2482
Simon Huang 021 591 899 Zheng Sun 027 839 8352 Akash Deep 022 692 0000
David Feng Head of Property Management 027 838 8054
Barfoot & Thompson Beach Haven 356 Rangatira Road Beach Haven, Auckland 0626 Residential Sales 09 482 5428 Property Management 09 462 5419 Email beachhaven@barfoot.co.nz barfoot.co.nz/beach-haven Beach Haven AKTSM1