Welcome to our SOLD Mairangi 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.
Saull Hinton and the Mairangi Bay 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
*Mairangi Bay, Campbells Bay, Murrays Bay, Pinehill, Rosedale, Rothesay Bay, and Sunnynook.
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 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)
Number of Sales
1st September to 30th November 2024 compared to the same period last year.
*Mairangi Bay, Campbells Bay, Murrays Bay, Pinehill, Rothesay Bay & Sunnynook. of properties in Mairangi Bay & Surrounds sold for $1.5 million or more over the last 3 months. 55%
Average sale Price
1st September to 30th November 2024 compared to the same period last year.
Figures shown on this page include information from multiple sources and published reports of sales made by
agencies and may include private sales. Where sales information was not publicly available, an individual sale may have been excluded from
and tallies. Totals are
baselined on the 13th of each month for the available results made in the
of the information. Barfoot and Thompson Limited (REA2008) accepts
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 pressurefree 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 Mairangi Bay and 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.
Mairangi Bay & Surrounds
84A Aberdeen Road
$1,410,000
32 Baulcomb Parade
$1,896,000
283
Beach Road
$1,575,000
367
Beach Road
$1,950,000
463A Beach Road
$2,530,000
28 Bellbird Rise
$2,220,000
30A Beulah Avenue
$1,900,000
17 Calypso Place
3 Carrowmore
$1,655,000
37 Channel View Road
$1,670,000
5 Churchill Road
$2,485,000
28 Cockayne Crescent
$1,201,500
7 Coromandel Crescent
$2,075,000
3 Coxton Lane
$2,490,000
1/7
Dalmeny Close
$1,350,000
132 Hugh Green Drive
$1,850,000
39 Hyde Road
$2,200,000
19 Kowhai Road
26 Kowhai Road
$2,925,000
25A Lavery Place
$1,250,000
25B
Lavery Place
$1,140,000
70 Lavery Place
$1,402,000
18 Loughros Place
$2,375,000
2 Lyons Avenue
$1,725,000
35 Matipo Road
$1,980,000
42
Matipo Road
$1,300,000
44 Maxwelton Drive
206/46 Rosedale Road
$775,000
12A Rothesay Bay Road
$1,730,000
18 Rothesay Bay Road
$1,218,000 $1,300,000
6A Rothesay Bay Road
$1,600,000
21 Saint
Ives Terrace
$1,880,000
8 Stonedge Lane
$1,930,000
12A Sunnynook Road
$1,475,000
67 Sunrise Avenue
$1,438,000
10/8
Tobago Place
$1,100,000
13A Tonkin Drive
$1,580,000
North Shore managers from our
Meet the Team
Saull Hinton Branch Manager 021 305 237
Since joining the real estate profession in 2002 Saull Hinton established himself as a highly successful and well-regarded salesperson.
His ability to communicate with clients from all cultures and backgrounds, along with his honesty about the market ensured his clients were both informed and at ease throughout the entire process.
Saull’s experience gives him extensive knowledge of the local property market and equips him to help his team deliver a top service and top result to their clients. Whether you are buying, selling or wanting a hand with your investment property, then Saull and his team here to help.
Barfoot & Thompson Real Estate Mairangi Bay
Established in 1973, Barfoot & Thompson has long been part of Mairangi Bay and this experience has delivered some outstanding results.
Today’s team at Barfoot & Thompson Mairangi Bay is made up of top performing, self motivated, experienced locals who understand the local market. Having been in the industry for a long time, we’re able to offer sound real estate advice and help both buyers and sellers make informed decisions.
This depth of experience and expertise is backed up by the strong network and leading technology of Barfoot & Thompson. An electronic digital window display means listings are clearly visible both day and night.
And because more and more people are house hunting online while they’re out and about, Barfoot & Thompson has created a website that’s easy and intuitive to use on any device - ensuring all those buyers can find your property quickly and have a great experience viewing it.
Residential seaside suburb
Mairangi Bay is a residential seaside suburb with a distinct village-like feel on Auckland’s North Shore, within commuting distance of Auckland City.
Housing ranges from renovated 1950’s houses to modern, designer homes, apartments and stunning cliff-top properties with water views.
The village offers boutique shops and a range of good cafes and restaurants, and there are some excellent local schools as well as sought-after Rangitoto College not far away.
Property Management team
Residential Sales team
Nadja Court 021 777 690
Lika DeVito 027 583 3655
Sam Cheong 027 486 8030
Susan Fan 021 138 1648
Charlotte Goudge 020 410 34267
Chris Lee 021 701 157
Ming Qin 021 0246 3600
Frank Bai 021 054 7755
Justin Cho 021 310 203
Jenny Gibson 021 577 552
Grant Haworth 021 194 4095
Lee 027 678 6286
Sunny Chae 027 498 9132
Jin Cai 021 262 5288
Kelly Choi 021 535 658
Mathew Gill 022 4731 846
Sherlock Huang 021 037 1252
Li 021 920 608
Nicki O’Sullivan 021 119 8153
Debby Candy-Gill 021 731 846
Gabrielle Elborough 021 257 5018
Michael Gladding 021 465 334
Angela Jiang 022 322 9088
Liang 021 053 7788
Zheng
Hermes
William
Residential Sales team continued
Anna Lin 021 043 7690
Marianna Tattersall 028 851 37696
Jonathan Wu 027 399 3930
Jacky Yu 021 493 395
Danny Zhang 021 084 96230
Jun Olis 021 066 9149
Desiree Tod 021 851 975
Jeremy Yang 021 027 16265
Ray Yu 021 679 236
Jenny Zheng 021 967 837
James Peng 021 180 4158
Shirley Tong 021 166 9548
Kevin Ye 021 185 8778
Mehran Zareian 021 023 02469
Angela Sun 027 270 8988
Sarah Wang 022 642 4405
Carol Yin 021 107 1993
Alex Zhang 022 694 9394
Rita Zou 021 779 822
Barfoot & Thompson
386 Beach Road, Mairangi Bay, Auckland 0630
Residential Sales 09 478 9089
Property Management 09 479 3677
Email mairangi@barfoot.co.nz
barfoot.co.nz/mairangi-bay