Barfoot & Thompson | Epsom by barfootsuburbsales

Welcome to our SOLD Epsom 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.

David Kelly and the Epsom team

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 Overall Market Share

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 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 675 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 Ellerslie, Epsom, Greenlane, Hillsborough, Mangere Bridge, Mt Eden, One Tree Hill, Onehunga, Parnell, Remuera, Royal Oak, Sandringham & Three Kings. 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.

Figures shown on this page include information from multiple sources and

and may include private sales. Where sales information was not publicly available, an

baselined on the 13th of each month for the

the information. Barfoot and Thompson Limited (REA2008)

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 Epsom and the surrounding areas 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.

4/35 Almorah Road

$2,050,000

1/22

Arcadia Road

$1,602,000

1A Atherton Road

$2,630,000

1D Atherton Road

$2,600,000

3/30B Buckley Road

$1,010,000

13 Ferryhill Road

$5,530,000

14A Golf Road

$3,500,000

21A Gorrie Avenue

$1,910,000

508/223A Green Lane West

$2,320,000

407/223B

Green Lane West

$1,325,000

Heywood Crescent

$1,900,000

9A Heywood Crescent

$1,400,000

14 Lewin Road

$2,110,000

401/10 Lion Place

$1,200,000

32 Marama Avenue

$3,130,000

104/2

Maungawhau Road

$425,000

Pukenui Road

$2,700,000

18A Ranfurly Road

$1,239,800

Greenlane

25 Saint Andrews Road

$4,800,000

45A Saint Andrews Road

$1,750,000

21B Selwyn Road

$1,451,000

3/6 Torrance Street

$1,000,000

3/1 Derry Street

$1,153,000

3 Korokino Road $2,600,000

24A Tawera Road $1,350,000

201/11 Akepiro Street

$610,000

2 Altham Avenue

$1,790,000

3 Balmer Lane

$1,550,000

5 Balmer Lane

$1,405,000

1C Bathurst Road

$580,000

29 Bellevue Road

$2,830,000

18 Burnley Terrace

$2,126,000

9/20A Charlton Avenue

$425,000

29 Croydon Road

$3,020,000

428 Dominion Road

$95,000

314/428 Dominion Road

$391,305

1L/94 Dominion Road

$220,000

304/27

Enfield Street

$905,000

325/27 Enfield

Street

301/30A Enfield Street

$970,000

2/20 Fairview Road

$1,240,000

6/20 Fairview Road $1,455,000

2/20 Henley Road

$690,000

19B Kain Street

$835,000 $1,180,000

12 Kenyon Avenue

$3,760,000 $4,500,000

25 Kingsview Road

$3,218,000

59C Landscape Road

$920,000 $1,200,000

1 Matipo Street

$2,250,000

586 Mount Eden Road

$3,350,000

3/903A Mount Eden Road

$770,000 $820,000

121 Peary Road

$2,800,000

126 Shackleton Road

$1,900,000

Parnell

1 Dovedale Place

$65,000 $1,020,000 CV Land Size Sale price Leasehold Bedrooms 3 Floor size 105

25 Dovedale Place

$65,000 $980,000 CV Land Size Sale price Leasehold Bedrooms 3 Floor size 101

1/4 Logan Terrace

$2,910,000 $3,375,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 213

437K Parnell Road

$2,280,000 $2,550,000 CV Land Size Sale price Unit Title

3 Floor size 194

7/119 Saint Stephens Avenue

$4,841,000 n/a CV Land Size Sale price Unit Title Bedrooms 3 Floor size 192

73 Saint Stephens Avenue

$8,295,000 $7,600,000 CV Land Size Sale price 856 Bedrooms 5 Floor size 350

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.

Remuera

22B Aldred Road

$4,900,000

59 Bell Road

$3,350,000 $3,150,000

11 Chatfield Place

$3,375,000

Corinth Street

$2,200,000

3B Dell Avenue

$2,630,000

3 Dromorne Road

$3,320,000

12 Furneaux Way

$1,200,000

1/109

Grand Drive

$1,020,000

Grand Drive

86D Grand Drive

$1,750,000 $1,700,000

25A Grand View Road

$3,150,000

9 Keith Avenue

$3,348,000 $3,550,000

62 Kelvin Road

$2,315,000

19 Koraha Street

$2,005,000

22 Koraha Street

$2,540,000

3A/10 Laxon Terrace

$1,243,000 $1,550,000

34 Leys Crescent

$1,810,000

28A Lillington Road

$2,513,000

53 Lingarth Street

$4,001,000

34 Maungarei Road

$3,100,000 $3,250,000 CV

123A Ngapuhi Road

$735,000 $870,000

Lot 2/61 Ngapuhi Road

$790,000

97 Orakei Road

$3,125,000

2/28A Platina Street

$1,300,888

3/137 Portland

Road

$712,500

6/175 Portland Road

$1,260,000

6 Portland Road

$4,850,000

69 Portland Road

$3,425,700 $3,750,000

19A Rangitoto Avenue

$1,580,000 $1,575,000 CV

9/117 Remuera Road

$937,500 $1,080,000

257C Remuera Road

$1,875,000 $970,000

453 Remuera Road

$2,700,000 $3,150,000

2/636

Remuera Road

$1,200,000

4/735 Remuera

Road

$985,000 $1,100,000

16 Richard Farrell Avenue

$2,560,000

18 Richard Farrell Avenue

$1,875,000

26 Rosepark Crescent

Land Size Sale price 518

$2,025,000 $2,300,000 CV

Bedrooms 5 Floor size 258

4 Rotomahana Terrace

$2,335,000 $2,250,000 CV Land Size Sale price 688 Bedrooms 3 Floor size 162

Scherff Road

$2,020,000 $2,225,000 CV Land Size Sale price 698 Bedrooms 3 Floor size 172

184 Upland Road

$3,887,000 $3,900,000 CV

Land Size Sale price Unit Title Bedrooms 3 Floor size 237

242A Victoria Avenue

$2,350,000 $3,550,000 CV Land Size Sale price 222 Bedrooms 4 Floor size 179

2/266

Victoria Avenue

$2,600,000 $2,775,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 234

15A

Waiatarua Road

$1,170,000 $1,800,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 157

30 Westbourne Road

$4,500,000 $5,400,000 CV Land Size Sale price 791 Bedrooms 4 Floor size 422

Royal Oak

10 Ambury Avenue

$1,915,000 $2,175,000 CV Land Size Sale price 171 Bedrooms 5 Floor size 235

8 Ambury Avenue

$2,036,000 $2,225,000 CV Land Size Sale price 220 Bedrooms 5 Floor size 230

3/16 Boyd Avenue

$730,000 $950,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 70

18 Boyd Avenue

$1,600,000 $1,800,000 CV Land Size Sale price Crosslease Bedrooms 4 Floor size 237

3 Goodland Street

$1,260,000 $1,850,000 CV Land Size Sale price 400 Bedrooms 4 Floor size 241

655 Mount Albert Road

$1,900,000 $3,500,000 CV Land Size Sale price 1065 Bedrooms 3 Floor size 135

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

Meet the Team

David

Kelly

Branch

Manager

021 654 100

I started working in real estate in 1988 and joined Barfoot & Thompson in 1990. I became the Manager of our St Heliers branch in 1993. In October 2016, I transferred to Epsom, a consistently top achieving branch within the company.

Epsom has a strong team of highly motivated, experienced salespeople and an award winning property management team, led by Shelley Erceg, 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 allimportant “SOLD” sign. More than any other company Barfoot & Thompson Epsom understands the area and has a large share of the market in Epsom and surrounding suburbs.

We want to make your real estate experience so good, hassle free and achieve a great result that you will be happy to use us, and make recommendations to your friends. Anything short of that, I will be disappointed.

As part of the Barfoot & Thompson network we have immediate access to over 65 branches and more than 1700 salespeople covering greater Auckland and Northland, as well as the Barfoot & Thompson website, 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.

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, or call me anytime on 021 654 100.

As a customer we will listen to your requirements and then help you find the property that suits your needs, you can sign up for email alerts, and also make your needs known so that we can tell you about properties new to the market, before they appear in Property Press and real estate websites. When you find your dream home we will work with you to make the dream a reality.

Customer Service team

Assistant Manager

021 776 100

Deshpande Branch Administrator

Suarez Branch Administrator

Deb Ball Receptionist

Di Martens

Maithili

Jennifer

Property Management team

Residential Sales team continued

Frances Li 021 998 990

Laura Mc Auley 021 138 5538

Paul Sun 021 868 089

Ellie Wang 022 134 3502

Amy Xiong 021 339 389

Dong Liu 021 188 1088

Denise Michl 021 575 965

Deborah Thompson 021 673 600

Hannah Wang 021 634 636

Maggie Xue 021 998 566

Lucca Liu 021 153 6151

Ann Mushet 021 616 970

Robert Thompson 021 737 949

Diana West 021 408 303

John Zhang 021 896 988

Simon Lu 021 165 9296

Macauley Seo 021 528 234

Ian Thornhill 021 943 706

Peter West 021 939 222

May Zhang 021 244 6166

Sylvia Lu 021 919 766

Sherry Shao 021 831 879

Cindy To 021 258 5580

Duncan Wu 021 983 883

Sarah Zhao 021 080 49049

Lu 021 027 30616

Shirley Shen 021 0283 7912

Jason Tsang 021 815 545

William Wu 021 686 586

Willa Zhao 021 958 952

Vicky

Barfoot & Thompson

280 Manukau Road, Epsom, Auckland 1023

Residential Sales 09 520 6221

Property Management 09 529 0969

Email epsom@barfoot.co.nz

barfoot.co.nz/epsom