Barfoot & Thompson | Browns Bay

Page 1

Browns Bay

Dec.2024

barfoot.co.nz/browns-bay

Market Report



Welcome to our

SOLD Browns 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.

Darren James and the Browns Bay team

Browns Bay branch 35 Clyde Road Browns Bay, Auckland 0630

P 09 478 5119 E browns@barfoot.co.nz barfoot.co.nz/browns-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.

homeowners and buyers have that the worst is over for the housing market, and that stability is returning.

with 19.6 percent of sales being for less than $750,000 and 6.2 percent of sales being for more than $2 million.

“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.

“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.”

“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.

“The average price at $1,132,795 was 2.4 percent above that for the previous three months.

“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.

“This lift in sales and prices will add to the growing confidence

“Buyers were active across all price segments in November,

Peter Thompson Managing Director


Sales Data Browns Bay & Northcross November 2024

SALE PRICE

MEDIAN

Average

Sale Price

$1,204,332

$1,137,000

Highest $2,030,000 Lowest $760,000

TOTAL SALES Nov. 2024 Nov. 2023

CV

$1,225,000

BY PRICE BRACKETS

31 25

24%* * Total monthly sales have remained the same compared to the same period last year.

0 $750K - $1M 9 $1 - $2M 21 $2 - $3M 1 $3M+ 0 $0 - $750K

Talk to us about Barfoot & Thompson’s number of days on the market for our different sale methods.

We Do make a difference. 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.


Market Share and Figures

40%

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.

$0-750K

$750K-1M

$1-2M

40%

40%

42%

$2-3M

$3M+

33%

16%

Overall Market Share

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 1380 sales made by Barfoot & Thompson!

Monthly sales 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.


Number of

Sales

1st September to 30th November 2024 compared to the same period last year.

70

Browns Bay + Northcross

90

23

Long Bay

29

24

Murrays Bay

19

16

Pinehill

12

12

Rothesay Bay

17

90

Torbay + Waiake

64 0

10

20

30

40

50

60

70

80

90

100

Same Period Last Year Same period last yearLast 3 months Last 3 months

of properties in the Browns Bay area* sold for $1.5 million or more over the last 3 months.

35% Average sale

*Browns Bay, Long Bay, Murrays Bay, Northcross, Pinehill, Rothesay Bay, Torbay & Waiake.

Price

1st September to 30th November 2024 compared to the same period last year.

$1,269,867

Browns Bay + Northcross

$1,214,617

$1,808,882

Long Bay

$1,538,413

$2,039,625

Murrays Bay

$2,044,263

$2,161,187

Pinehill

$1,849,333

$1,781,025

Rothesay Bay

$1,948,199

$1,286,169

Torbay + Waiake

$1,224,296 $0

$500,000 Same Period Last Year

$1,000,000

$1,500,000

$2,000,000

$2,500,000

Last 3 months

Same period last year

Last 3 months

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.


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 Browns Bay and surrounds 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.


Browns Bay & Northcross

NOV 2024

2/104 Arran Road Sale price $935,000 Land Size Crosslease

CV $880,000 Floor size 120

Bedrooms 3

CV $1,375,000 Floor size 92

Bedrooms 2

411/4 Bute Road Sale price $1,200,000 Land Size Unit Title

3/143 Carlisle Road Sale price $780,000 Land Size 91

CV $920,000 Floor size 83

Bedrooms 2

165A Carlisle Road Sale price $1,430,000 Land Size 524

CV $1,475,000 Floor size 208

Bedrooms 5

CV $830,000 Floor size 50

Bedrooms 1

4/87 Clyde Road Sale price $880,000 Land Size Unit Title

589F East Coast Road Sale price $1,200,000 Land Size 408

CV $1,175,000 Floor size 179

Bedrooms 4

Lot 2/789 East Coast Road Sale price $1,070,000 Land Size 84

CV $1,175,000 Floor size 155

Bedrooms 4

898A East Coast Road Sale price $1,092,000 Land Size 486

CV $1,000,000 Floor size 102

Bedrooms 4

1/992 East Coast Road Sale price $890,000 Land Size Crosslease

CV $925,000 Floor size 180

Bedrooms 3


Lot 2/11A Falstone Lane Sale price $1,137,000 Land Size 193

CV $1,225,000 Floor size 140

Bedrooms 4

CV $1,325,000 Floor size 206

Bedrooms 4

8 Greenleaf Way Sale price $1,233,000 Land Size 708

1B Harrowglen Drive Sale price $1,608,800 Land Size 487

CV $1,725,000 Floor size 305

Bedrooms 5

73 John Downs Drive Sale price $1,451,000 Land Size 721

CV $1,375,000 Floor size 180

Bedrooms 3

19 Jomard Terrace Sale price $1,490,000 Land Size 635

CV $1,650,000 Floor size 231

Bedrooms 4

Lot 1/Ridge Residences 1 Kanapa Road Sale price $810,000 Land Size 126

CV $600,000 Floor size 81

Bedrooms 2

CV $1,000,000 Floor size 82

Bedrooms 2

3 Kanapa Road Sale price $845,000 Land Size 107

39 Langana Avenue Sale price $1,080,000 Land Size 704

CV $1,325,000 Floor size 247

Bedrooms 3

2/7 Malters Place Sale price $1,040,000 Land Size Unit Title

CV $1,235,000 Floor size 110

Bedrooms 3


NOV 2024

15 Montclair Rise Sale price $1,470,000 Land Size 666

CV $1,515,000 Floor size 180

Bedrooms 4

CV $1,100,000 Floor size 180

Bedrooms 3

1/9 Nigel Road Sale price $1,330,000 Land Size Crosslease

2/49 Oaktree Avenue Sale price $1,035,000 Land Size 133

CV $1,125,000 Floor size 115

Bedrooms 3

3/49 Oaktree Avenue Sale price $1,060,000 Land Size 107

CV $1,150,000 Floor size 129

Bedrooms 3

7 Oaktree Avenue Sale price $1,580,000 Land Size 683

CV $1,375,000 Floor size 210

Bedrooms 3

CV $1,700,000 Floor size 239

Bedrooms 5

30A Oban Road Sale price $2,030,000 Land Size 234

11 Redwing Street Sale price $1,600,000 Land Size 1075

CV $1,425,000 Floor size 200

Bedrooms 4

22B Sandiacre Way Sale price $760,000 Land Size Unit Title

CV $850,000 Floor size 110

Bedrooms 3

2/15 Squirrel Lane Sale price $870,000 Land Size Crosslease

CV $950,000 Floor size 140

Bedrooms 3


31A Stapleford Crescent Sale price $1,410,000 Land Size 264

CV $1,425,000 Floor size 184

Bedrooms 4

2/35 Topliss Drive Sale price $807,500 Land Size Crosslease

CV $1,025,000 Floor size 80

Bedrooms 3

1/42 Woodlands Crescent Sale price $1,620,000 Land Size Crosslease

CV $1,900,000 Floor size 270

Bedrooms 4

35 Woodridge Avenue Sale price $1,590,000 Land Size 649

CV $1,325,000 Floor size 195

Bedrooms 4

Murrays Bay 463A Beach Road Sale price $2,530,000 Land Size 452

CV $2,325,000 Floor size 269

Bedrooms 4

CV $2,325,000 Floor size 310

Bedrooms 4

CV $3,550,000 Floor size 214

Bedrooms 4

28 Bellbird Rise Sale price $2,220,000 Land Size 802

5 Churchill Road Sale price $2,485,000 Land Size 1022

1/7 Dalmeny Close Sale price $1,350,000 Land Size Crosslease

CV $1,400,000 Floor size 172

Bedrooms 4


NOV 2024

2 Lyons Avenue Sale price $1,725,000 Land Size 660

CV $1,765,000 Floor size 240

Bedrooms 4

67 Sunrise Avenue Sale price $1,438,000 Land Size 463

CV $1,475,000 Floor size 160

Bedrooms 4

CV $1,475,000 Floor size 240

Bedrooms 5

CV $2,300,000 Floor size 359

Bedrooms 6

Pinehill 3 Carrowmore Sale price $1,655,000 Land Size 669

3 Coxton Lane Sale price $2,490,000 Land Size 520

132 Hugh Green Drive Sale price $1,850,000 Land Size 672

CV $1,575,000 Floor size 270

Bedrooms 5

18 Loughros Place Sale price $2,375,000 Land Size 636

CV $2,000,000 Floor size 337

Bedrooms 5

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.


Rothesay Bay 30A Beulah Avenue Sale price $1,900,000 Land Size 1050

CV n/a Floor size 210

Bedrooms 5

CV $2,900,000 Floor size 306

Bedrooms 5

CV $2,025,000 Floor size 225

Bedrooms 3

17 Calypso Place Sale price $3,000,000 Land Size 677

39 Hyde Road Sale price $2,200,000 Land Size 324

12A Rothesay Bay Road Sale price $1,730,000 Land Size 254

CV $1,350,000 Floor size 141

Bedrooms 3

18 Rothesay Bay Road Sale price $1,218,000 Land Size Unit Title

CV $1,300,000 Floor size 290

Bedrooms 4

6A Rothesay Bay Road Sale price $1,600,000 Land Size Crosslease

CV $1,475,000 Floor size 250

Bedrooms 4

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.


Torbay, Long Bay & Waiake

NOV 2024

Lot 5/21 Acacia Road Sale price $1,090,000 Land Size n/a

CV n/a Floor size n/a

Bedrooms 3

48 Alexander Avenue Sale price $1,150,000 Land Size 726

CV $1,170,000 Floor size 113

Bedrooms 4

34A Awaruku Road Sale price $1,365,000 Land Size 701

CV $1,550,000 Floor size 276

Bedrooms 5

2/877 Beach Road Sale price $1,928,000 Land Size Crosslease

CV $1,575,000 Floor size 208

Bedrooms 3

CV $1,380,000 Floor size 180

Bedrooms 4

884 Beach Road Sale price $1,335,000 Land Size Crosslease

25 Carnmore Place Sale price $1,300,000 Land Size 600

CV $1,550,000 Floor size 240

Bedrooms 4

CV $1,675,000 Floor size 309

Bedrooms 5

32 Cavalli Road Sale price $1,740,000 Land Size 319

16C Charmaine Road Sale price $1,150,000 Land Size 600

CV $1,250,000 Floor size 191

Bedrooms 4

CV $1,325,000 Floor size 180

Bedrooms 4

14B Firth Road Sale price $1,246,000 Land Size 181


12B Fitzwilliam Drive Sale price $905,000 Land Size Crossleasse

CV $1,000,000 Floor size 90

Bedrooms 3

101 Glenvar Ridge Road Sale price $2,350,000 Land Size 723

CV $2,100,000 Floor size 363

Bedrooms 4

203/167 Glenvar Ridge Road Sale price $1,270,000 Land Size Unit Title

CV $1,300,000 Floor size 103

Bedrooms 2

29A Glenvar Road Sale price $895,000 Land Size 666

CV $980,000 Floor size 80

Bedrooms 2

338C Glenvar Road Sale price $910,000 Land Size 163

CV $1,100,000 Floor size 141

Bedrooms 3

CV $1,300,000 Floor size 190

Bedrooms 4

24 Hebron Road Sale price $1,380,000 Land Size 542

7 Hopetea Street Sale price $2,400,000 Land Size 489

CV $2,125,000 Floor size 366

Bedrooms 5

34 Ian Sage Avenue Sale price $1,345,000 Land Size 540

CV $1,075,000 Floor size 180

Bedrooms 3

24B Killarney Avenue Sale price $1,195,000 Land Size 188

CV $1,225,000 Floor size 153

Bedrooms 4


NOV 2024

8 Killick Place Sale price $1,050,000 Land Size 182

CV $1,125,000 Floor size 172

Bedrooms 3

51 Kumukumu Road Sale price $1,750,000 Land Size 320

CV $1,625,000 Floor size 234

Bedrooms 4

CV $1,200,000 Floor size 105

Bedrooms 3

2E Nerita Place Sale price $960,000 Land Size 208

53 Nor’East Drive Sale price $980,000 Land Size 404

CV $1,025,000 Floor size 90

Bedrooms 3

CV $1,290,000 Floor size 222

Bedrooms 4

6 Orne Street Sale price $946,000 Land Size 694

24 Pakirikiri Street Sale price $1,760,000 Land Size 402

CV $1,620,000 Floor size 228

Bedrooms 4

CV $1,150,000 Floor size 81

Bedrooms 3

CV $1,300,000 Floor size 242

Bedrooms 5

3 Palawan Place Sale price $982,000 Land Size 701

7 Palawan Place Sale price $1,301,000 Land Size 847

10 Pennant Street Sale price $1,914,000 Land Size 422

CV $1,750,000 Floor size 314

Bedrooms 5


NOV 2024

4 Taku Close Sale price $2,628,000 Land Size 600

CV $2,060,000 Floor size 380

Bedrooms 5

CV $1,385,000 Floor size 175

Bedrooms 3

6B Tui Street Sale price $1,170,000 Land Size 545

19 Valerie Crescent Sale price $1,500,000 Land Size 1140

CV $1,400,000 Floor size 206

Bedrooms 4

Lot 14/198 Vaughans Road Sale price $1,250,000 Land Size 532

CV $900,000 Floor size n/a

Bedrooms n/a

Lot 11/204 Vaughans Road Sale price $1,250,000 Land Size 493

CV $890,000 Floor size n/a

Bedrooms n/a

2/26 Waiau Street Sale price $1,125,000 Land Size Unit Title

CV $1,050,000 Floor size 185

Bedrooms 4

39D Watea Road Sale price $1,453,000 Land Size 190

CV $1,325,000 Floor size 252

Bedrooms 5

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.



from our

North Shore managers

ALBANY • BEACH HAVEN • BIRKENHEAD • BROWNS BAY DEVONPORT • GLENFIELD • GREENHITHE • LONG BAY • MAIRANGI BAY MILFORD • NORTHCOTE • TAKAPUNA • TORBAY

The largest network of buyers in Auckland.


Meet the Team I enjoy my job with a passion and am extremely proud to manage the Browns Bay team. It is a career choice that I take very seriously and am always mindful that good business today can lead to many further opportunities tomorrow. I am determined to deliver excellent client service and the Browns Bay team share this aim.

Darren James Branch Manager 027 485 4446

I have been able to integrate the variety of experiences and skills gained from my previous roles within the Health Service and retail sales in the UK to my role within Barfoot & Thompson. Since being appointed branch manager in 2007, I have developed my multinational team of real estate to focus on top quality service. I am a firm believer in having a healthy working culture in the office. Despite this being a sales focused industry, my team have the freedom to develop their individual talents within a competitive framework to fully meet the needs of all clients. Please feel free to contact me. I will always make myself available for personal assistance.

Property Management team

Nikki Gallichan Head of Property Management 027 436 0874

Anna Gibbons Senior Property Manager 027 431 9461

Amanda Chue Property Manager 027 836 4913

Vivienne Shen Property Manager 027 628 7919

Mon Tu Property Management New Business Manager 027 590 6061


Residential Sales team

Harvey Zhang Assistant Manager 022 166 5225

Karin Blaauw 021 080 45566

Bob Cui 022 699 1996

Roy Dong 021 068 8280

Bren Duckworth 021 046 4496

Peter Dunne 021 875 978

Chris Ediker 022 395 0408

Helen Fu 021 179 1037

Gina Gao 021 023 67788

Sophie Gao 021 678 291

Misty Goodgame 021 035 4985

Kelvin Gu 021 048 0729

Emma Guo 027 331 5856

Winnie Han 021 918 337

Kim-Louise Hill 021 293 2425

Mary Huang 021 135 6281

James Ji 021 937 667

Tanya Ji 021 262 7649

Jennifer Jiang 027 603 7788

Kim Jin 021 395 888

Stephen Kattan 021 808 938

Andrea Kent 027 246 4004

Celeste Kent 021 269 6976

Debbie le Roux 021 94 1973

Harry Liu 021 187 3838

Lili Ma 022 301 0068

Colin & Raelene McMurtrie 027 641 2863

Jason Meng 021 053 5987

Eva Ng 021 276 8722

Jessica Noh 021 2211 004


Residential Sales team continued

Pav Obradovic 021 931 339

Neil O’Gorman 022 437 8747

Rita Oliver 021 116 6377

Nicole Penny 021 150 0569

Isobel Pope 0274 476 235

Stephen Reed 022 037 4919

Nancy Shan 021 597 779

Vic Singh 021 189 3951

Jeanette Skewes 027 499 8804

Bob Voss 027 425 1781

Mark Wang 021 268 3216

Alina Yang 021 608 219

Yin Yin 022 047 9978

Geraldine Zareian 021 184 0312

Emma Zhang 021 368 531

Zoe Zhang 027 434 8296

Coy Zhao 021 529 959

Becky Zhu 021 075 9200


Browns Bay

AKTSM4

Barfoot & Thompson Browns Bay 35 Clyde Road, Browns Bay, Auckland 0630 Residential Sales 09 478 5119 Property Management 09 478 6195 Email browns@barfoot.co.nz

barfoot.co.nz/browns-bay


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