Barfoot & Thompson | Meadowbank

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Welcome to our SOLD Meadowbank & Surrounds 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.

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.”

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.

Overall Market Share

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 36% of all properties for sale in the area – that’s over 525 sales made by Barfoot & Thompson!

Monthly sales overview in the local area* (*Recent Sales)

Glendowie.

1st September to 30th November 2024 compared to

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

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 Meadowbank, St Johns & Remuera 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.

106E Gowing Drive

$1,200,000

112A Gowing Drive

$1,435,000

2/31 Gowing Drive

$676,000

3/48 Gowing Drive

$610,000

98 Gowing Drive

$1,430,000

6 Hobday Place

$1,800,000

4/21 Houghton Street $698,000

4 Kinder Place

6/179 Meadowbank Road

$1,550,000 n/a CV Land Size Sale price 152 Bedrooms 4 Floor size 204

27B Meadowbank Road

$1,555,000 $1,360,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 110

114/6-14

Meadowbank Road

$570,000 n/a CV Land Size Sale price n/a Bedrooms 1 Floor size 50

214/6-14 Meadowbank Road

$608,000 n/a CV

G07/6-14

Meadowbank Road

$690,000 n/a CV

11 Steele Street

1

1

$1,950,000 $2,150,000 CV Land Size Sale price 630 Bedrooms 4 Floor size 252

3 Temple Street

$1,597,500 $1,675,000 CV Land Size Sale price 395 Bedrooms 4 Floor size 180

2/3 Temple Street

$1,400,000

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.

Saint Johns

1/25 Lush Avenue

$807,000 $940,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 92

50 Norman Lesser Drive

$2,160,000 $2,600,000 CV Land Size Sale price 784 Bedrooms 4 Floor size 307

39 Panapa Drive

$2,270,000 $2,150,000 CV Land Size Sale price 508 Bedrooms 4 Floor size 267

7A Peart View

$1,350,000 $1,625,000 CV Land Size Sale price 375 Bedrooms 3 Floor size 123

115C Saint Johns Road

$737,000 $1,160,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 139

1/36 Strong Street

$108,000 $1,925,000 CV Land Size Sale price Leasehold Bedrooms 4 Floor size 130

10 Tisdall Crescent

$1,516,000 $1,525,000 CV Land Size Sale price 607 Bedrooms 3 Floor size 147

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

9

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

76

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

19A Rangitoto Avenue

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

9/117 Remuera Road

$937,500 $1,080,000

257C Remuera Road

$1,875,000

453 Remuera Road

$2,700,000

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

$2,025,000 $2,300,000 CV Land Size Sale price 518 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

2A

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

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.

137 Barbarich Drive

$1,425,000

307/1 Bluegrey Avenue

$1,017,500

207/3 Percy Winstone Lane

$1,050,000

118

Stonefields Avenue

$1,678,000

13 Styak Street

25A Eltham Road

$750,000

2/109

Kohimarama Road

202B Kohimarama Road

$2,380,000

Orakei

1A/163 Tamaki Drive

$1,810,000

4/277 Tamaki Drive

$1,950,000 $2,625,000

8 Ngaio Street

$2,237,000 $2,250,000 CV

34A Ngake Street

$1,870,000

20A Rukutai Street

$900,000

28A Takitimu Street

$2,375,000

2

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.

1/113

Atkin Avenue

$1,050,000

2/68 Atkin Avenue

$875,000

8/32 Dudley Road

$1,550,000

107/243

Kepa Road

$820,000

110/243

Kepa Road

$825,000

6/246

Kepa Road

$1,450,000

6/43 Nihill Crescent $1,200,000

22 Patteson Avenue $2,720,000

37

99B Selwyn Avenue

$1,455,000 $1,725,000 CV Land Size Sale price 336 Bedrooms 3 Floor size 135

4/103 Tamaki Drive

$1,350,000 $1,925,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 120

43 Thatcher Street

$2,001,000 $2,175,000 CV Land Size Sale price 667 Bedrooms 5 Floor size 242

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.

12 Ashby Avenue

$1,404,000

55 Ashby Avenue

$2,000,000

1/80

Ashby Avenue

$1,295,000

7/10

Ashwell Street

$1,005,000

7/10 Auckland Road $990,000

5 Berowald Place

$2,357,000

14 Elizabethan Gardens

$2,450,000

1A Elizabethan Gardens

$1,200,000

14 Hampton Drive

$2,825,000

6/37 Hanene Street

$1,179,000 $1,240,000

2/329 Kohimarama Road

$786,000 $910,000

23 Lammermoor Drive

$2,523,000 $2,975,000

9 Lombard Street

$1,900,000

33B Paunui Street

$1,420,000

Lot 1/4 Pycroft Place

$2,800,000 n/a

8

Rarangi Road

$1,320,000

3/488 Riddell Road

$1,785,000

29C Sylvia Road

$1,300,000

2/60 Tarawera Terrace

$1,900,000 $2,075,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 212

82A Tarawera Terrace

$1,635,000 $1,875,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 230

3/7 The Parade

$1,550,000 $2,000,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 120

3/21 Vale Road

$1,125,000 $1,300,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 120

70A Vale Road

$1,740,000 $1,650,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 150

29 Walmsley Road

$2,110,000 $2,175,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 139

3/49 West Tamaki Road

$1,180,000 $1,000,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 117

2A Woodside Crescent

$3,000,000 $2,850,000 CV Land Size Sale price 422 Bedrooms 4 Floor size 249

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.

Glendowie

4C Abingdon Place

$900,000

21 Aragon Avenue

$1,995,000

6B/18 Cranbrook Place

$690,000

73 Cranbrook Place

$1,280,000

2/17 Crossfield Road

$735,000

8 Esperance Road

$1,082,000

15 Jefferson Street

$1,123,000

10 Pembroke Crescent

$2,365,000

1/142 Riddell Road

$1,150,000

280 Riddell Road

$3,500,000 $4,250,000 CV Land Size Sale price 921 Bedrooms 5 Floor size 370

396 Riddell Road

$2,900,000 $3,175,000 CV Land Size Sale price 588 Bedrooms 4 Floor size 287

434 Riddell Road

$4,250,000 $4,100,000 CV Land Size Sale price 895 Bedrooms 5 Floor size 340

446 Riddell Road

$1,852,500 $2,100,000 CV Land Size Sale price 835 Bedrooms 3 Floor size 267

469 Riddell Road

$1,485,000 $2,825,000 CV Land Size Sale price 1002 Bedrooms 3 Floor size 177

49 Roberta Avenue

$3,200,000 $3,250,000 CV Land Size Sale price 1012 Bedrooms 5 Floor size 280

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.

Meet the Team

Anton Fatkin

Branch Manager 021 175 1938

I am a focused and driven individual, who listens carefully and works tirelessly to deliver results. I am convinced that with the right structures and systems in place, nothing will slip through the cracks.

I have over 10 years of real estate sales experience across residential, industrial and commercial sectors and I bring the same passion for service excellence to my management role. I managed other high-performing real estate offices prior to taking up the position of Branch Manager of the Glen Innes and Meadowbank branches and I use my knowledge and experience to assist the branch in providing a superior service to our clients.

I completed a Bachelor of Commerce and Bachelor of Property conjoint at the University of Auckland. I am also an Associate Member of the Real Estate Institute of New Zealand (AREINZ), a status awarded to individuals for their high standard of professional excellence in the real estate industry.

Outside of work, I have competed in Muay Thai Kickboxing for several years and represented New Zealand at the highest level at World Amateur Tournaments (IFMA) in 2010 and 2011. My other interests include surfing and playing golf.

Not being franchised, Barfoot &Thompson branches are supported by the sophisticated computerised listing system that enables 1,800+ salespeople across more than 80 branches, to view and have access to any listings as soon as they are released. Also, the Property Management team uses a top-ofthe-range, fully financial management system across their entire portfolio of properties. Systems and people are two of the key reasons why Barfoot & Thompson sells more than one in every three Auckland properties.

If you’re thinking of buying or selling or you require Property Management services, feel free to call Barfoot & Thompson Glen Innes. The experienced and friendly staff will be happy to assist you on your journey. Alternatively, you can contact me anytime on 021 175 1938 or afatkin@barfoot.co.nz

Property Management team

Jasdeep Jador

027 274 4944

Aria Chow

Manager 027 431 9532

Myria Iolamo

Property Manager 027 204 1882

Residential Sales team

Charles Benedict 021 2022 595

Andy Dye 021 795 655

Sue Liu 021 884 722

Amy Wilson-Chan 021 952 511

Sam Bowen 027 524 0123

Jean Ham 021 635 601

Sue Ma 021 988 696

Peter Wu 027 274 5078

Si Doo 021 181 3424

Peter Hutson 0272 488766

Paul Qu 021 043 3666

Mary Du 021 181 8133

Sean Lee 021 717 283

Linda Reid 021 724 969

Daniel Duan 022 108 4008

Maggie Li 021 057 5855

Gova Vetharaniyam 021 025 75381

33 St Johns Road, Meadowbank Auckland 1072

Residential Sales 09 528 1105

Property Management 09 528 3632

Email meadowbank@barfoot.co.nz barfoot.co.nz/meadowbank

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