Meadowlands
Dec.2024
barfoot.co.nz/meadowlands
Market Report
Welcome to our
SOLD Meadowlands 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.
Tracy Kenny and the Meadowlands team
Meadowlands branch 90J Whitford Road Somerville, Auckland 2014
P 09 535 3153 E meadowlands@barfoot.co.nz barfoot.co.nz/meadowlands
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 Eastern Suburbs* November 2024
SALE PRICE
MEDIAN
Average
Sale Price
$1,312,626
$1,282,500
Highest $3,780,000 Lowest $573,913
TOTAL SALES Nov. 2024 Nov. 2023
CV
$1,400,000
BY PRICE BRACKETS
256 242
6%* * Total monthly sales up/down compared to the same period last year.
$0 - $750K $750K - $1M $1 - $2M $2 - $3M $3M+
19 48 173 13 3
Talk to us about Barfoot & Thompson’s number of days on the market for our different sale methods.
We Do make a difference.
* Beachlands, Botany Downs, Bucklands Beach, Burswood, Cockle Bay, Dannemora, East Tamaki, East Tamaki Heights, Eastern Beach, Farm Cove, Flat Bush, Golflands, Half Moon Bay, Highland Park, Howick, Maraetai, Mellons Bay, Northpark, Pakuranga, Shelly Park, Somerville, Sunnyhills. 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 Overall Market Share Over the last 12 months, Barfoot & Thompson has sold more property in our area* than any competitor. For the period from 1st December 2023 to 30th November 2024, we sold 45% of all properties for sale in the area, that’s over 960 sales made by Barfoot & Thompson! And in the month of November 2024, we sold 44% - which is also more than any competitor!
45% YTD
44%
Number of
Sales
1st September to 30th November 2024 compared to the same period last year.
61
Beachlands + Maraetai
55
27
Botany Downs
28
Bucklands Beach + Eastern Beach
52 64
Cockle Bay + Shelly Par k + Somerville
35 42
13
Dannemora
10
9
East Tamaki
32
Farm Cove + Sunnyhills + Pakuranga
83 65
203
Flat Bush
202
Golflands + Burswood + Northpark
23 37
22
Half Moon Bay
41
26
Highland Park
17
78
Howick + Mellons Bay
76
0
50
100
Same period last year Same Period Last Year
Last 3 months
Last 3 months
150
200
250
Average sale
Price
1st September to 30th November 2024 compared to the same period last year.
$1,556,295
Beachlands + Maraetai
$1,467,492
$1,365,810
Botany Downs
$1,220,796
Bucklands Beach + Eastern Beach
$1,771,903 $1,471,857
Cockle Bay + Shelly Par k + Somerville
$1,473,892 $1,512,995
$1,755,512
Dannemora
$1,607,300
$1,101,222
East Tamaki
$1,118,053
Farm Cove + Sunnyhills + Pakuranga
$1,306,218 $1,168,778
$1,220,051
Flat Bush
$1,210,820
Golflands + Burswood + Northpark
$1,347,413 $1,338,675
$1,285,136
Half Moon Bay
$1,477,879
$1,252,173
Highland Park
$1,040,852
$1,197,576
Howick + Mellons Bay
$1,247,625
$0
$200,000
$400,000
Same period last year Same Period Last Year
54%
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
$2,000,000
Last 3 months Last 3 months
of properties in the local area* sold for $1.25 million or more over the last 3 months.
* Figures shown on these pages 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 Beachlands, Botany Downs, Bucklands Beach, Burswood, Cockle Bay, Dannemora, East Tamaki, East Tamaki Heights, Eastern Beach, Farm Cove, Flat Bush, Golflands, Half Moon Bay, Highland Park, Howick, Maraetai, Mellons Bay, Northpark, Pakuranga, Shelly Park, Somerville and Sunnyhills. 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 Botany, Burswood, Cockle Bay, Golflands, Northpark, Shelly Park and Somerville 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.
Botany
NOV 2024
3/15 Bernie Edwards Place Sale price $1,116,800 Land Size Crosslease
CV $1,225,000 Floor size 150
Bedrooms 3
8/101 Botany Road Sale price $765,000 Land Size n/a
CV n/a Floor size 90
Bedrooms 2
Lot 5/103 Botany Road Sale price $760,000 Land Size 102
CV n/a Floor size n/a
Bedrooms 2
Lot 8/103 Botany Road Sale price $750,000 Land Size 68
CV n/a Floor size n/a
Bedrooms 2
2/202 Botany Road Sale price $980,000 Land Size Crosslease
CV $1,150,000 Floor size 140
Bedrooms 3
1/40 Channing Crescent Sale price $1,150,000 Land Size Crosslease
CV $1,225,000 Floor size 120
Bedrooms 3
CV $1,800,000 Floor size 220
Bedrooms 4
6 Citation Way Sale price $1,670,000 Land Size 602
1 Lexington Drive Sale price $1,450,000 Land Size 770
CV $1,725,000 Floor size 190
Bedrooms 4
CV $1,500,000 Floor size 222
Bedrooms 4
18 Orinda Close Sale price $1,471,000 Land Size 626
25 & 25A Sandgate Avenue Sale price $1,477,500 Land Size 697
CV n/a Floor size n/a
Bedrooms 6
CV $980,000 Floor size 80
Bedrooms 3
CV $1,475,000 Floor size 160
Bedrooms 3
2/10 Sirius Place Sale price $907,000 Land Size Crosslease
7 Sirius Place Sale price $1,275,000 Land Size 721
Burswood, Golflands & Northpark 14 Arrathorne Place Sale price $1,751,000 Land Size 689
CV $1,675,000 Floor size 210
Bedrooms 4
23 Ben Nevis Place Sale price $1,690,000 Land Size 712
CV $1,725,000 Floor size 200
Bedrooms 4
6 Bob Charles Drive Sale price $1,483,000 Land Size 651
CV $1,400,000 Floor size 170
Bedrooms 4
21 Cherrywood Crescent Sale price $1,575,000 Land Size 475
CV $1,550,000 Floor size 290
Bedrooms 5
CV $1,525,000 Floor size 220
Bedrooms 3
CV $1,325,000 Floor size 200
Bedrooms 4
12 Daria Place Sale price $1,440,000 Land Size 610
2/1 Emma Court Sale price $1,230,000 Land Size Crosslease
NOV 2024
1 Frank Nobilo Avenue Sale price $1,659,000 Land Size 956
CV $1,600,000 Floor size 210
Bedrooms 4
82 Frank Nobilo Drive Sale price $1,750,000 Land Size 790
CV $2,050,000 Floor size 270
Bedrooms 4
CV $1,275,000 Floor size 170
Bedrooms 3
2 Golfland Drive Sale price $1,335,000 Land Size Crosslease
33 Golfland Drive Sale price $1,300,000 Land Size 634
CV $1,375,000 Floor size 170
Bedrooms 3
25 John Lister Close Sale price $1,515,000 Land Size 895
CV $1,600,000 Floor size 212
Bedrooms 3
22 Orohena Close Sale price $1,375,000 Land Size 646
CV $1,425,000 Floor size 224
Bedrooms 4
CV $1,250,000 Floor size 160
Bedrooms 3
14 Pajaro Place Sale price $1,220,000 Land Size Crosslease
28 Summermist Drive Sale price $1,571,000 Land Size 650
CV $1,550,000 Floor size 200
Bedrooms 4
1/58 Tarnica Road Sale price $1,198,000 Land Size Crosslease
CV $1,375,000 Floor size 230
Bedrooms 3
2/25 Thirlmere Rise Sale price $1,151,000 Land Size Crosslease
CV $1,250,000 Floor size 180
Bedrooms 3
38 Tiger Drive Sale price $825,000 Land Size 268
CV $830,000 Floor size 134
Bedrooms 3
2/14 Travers Place Sale price $1,285,000 Land Size Crosslease
CV $1,375,000 Floor size 200
Bedrooms 3
52 West Fairway Sale price $1,210,000 Land Size 721
CV $1,500,000 Floor size 190
Bedrooms 3
Cockle Bay, Shelly Park & Somerville 2/12 Alexander Street Sale price $1,181,000 Land Size Crosslease
CV $1,110,000 Floor size 170
Bedrooms 4
67 Churchill Road Sale price $2,028,000 Land Size 825
CV $2,150,000 Floor size 224
Bedrooms 4
CV $1,160,000 Floor size 128
Bedrooms 4
18A Dana Place Sale price $1,080,000 Land Size 145
29 Kayeleen Place Sale price $1,000,000 Land Size 1502
CV $1,350,000 Floor size 200
Bedrooms 3
15 Kentville Place Sale price $1,487,000 Land Size 689
CV $1,525,000 Floor size 201
Bedrooms 3
2/27 Leicester Parade Sale price $1,225,000 Land Size Crosslease
CV $1,525,000 Floor size 195
Bedrooms 3
NOV 2024
83B Meadowland Drive Sale price $1,240,000 Land Size Crosslease
CV $1,400,000 Floor size 160
Bedrooms 3
12A Rochester Crescent Sale price $1,200,000 Land Size Crosslease
CV $1,200,000 Floor size 130
Bedrooms 3
CV $690,000 Floor size 70
Bedrooms 2
CV $1,050,000 Floor size 100
Bedrooms 2
6/54 Sale Street Sale price $680,000 Land Size Crosslease
83A Sale Street Sale price $930,000 Land Size Crosslease
167 Sandspit Road Sale price $2,370,000 Land Size 903
CV $2,500,000 Floor size 332
Bedrooms 5
17 Sea View Terrace Sale price $2,300,000 Land Size 607
CV $2,475,000 Floor size 286
Bedrooms 4
CV $1,325,000 Floor size n/a
Bedrooms 3
10 View Road Sale price $1,150,000 Land Size n/a
109 Whitford Road Sale price $1,265,000 Land Size 752
CV $1,700,000 Floor size 190
Bedrooms 3
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 Barfoot & Thompson has been serving Meadowlands since 1996, and is the obvious choice when buying, selling, renting or simply seeking property advice in this diverse area. The long-standing, stable team at Barfoot & Thompson Meadowlands offers a great deal of local knowledge and real estate expertise. Their supportive team culture and high level of service and professionalism make them very easy to work with, and their cultural diversity reflects that of the local community - removing potential cultural or language barriers for customers. Meadowlands has a wide range of property types, which is why the Barfoot & Thompson team offers both residential and rural salespeople, as well as a busy and highly successful property management department and skilled administration staff.
Tracy Kenny
Branch Manager 021 730 494
As part of the Barfoot & Thompson network, they have the ability to list and sell right across the Auckland region. Properties listed with the Meadowlands branch are shared with all 77+ Barfoot & Thompson branches across Auckland and Northland - which means more than 1,700+ salespeople can bring potential buyers to your property, generating unbeatable reach and buyer competition. The branch is consistently ranked in the top ten Barfoot & Thompson branches for sales and in the top five rental divisions for the company. Meadowlands is a residential suburb south-east of Auckland City, with easy access to beaches and the bustling Botany Town Centre. It offers excellent sporting facilities and cultural venues, quality schools and an array of restaurants and cafes. Housing is a mixture of traditional character homes, contemporary properties and town houses, as well as rural and lifestyle properties nearby.
Property Management team
Joanna Jiang Head of Property Management 027 404 1851
Jimmy Xiang Senior Property Manager 021 798 155
Alana Coffey Property Manager 027 241 0013
Joan Xu Property Manager 027 233 2588
Jessie Nguyen Property Management Administrator 027 556 2553
Residential Sales team
John Cho 021 736 157
Michelle Feng 027 633 9990
Nyrelle Foss 021 126 3993
Helen Han 021 159 3797
Frank Hsu 021 026 58235
Daniel Huang 027 297 1958
Stanley Kuo 021 606 658
Clair Li 0275 192 758
Jing Li 021 622 222
Lulu Li 021 113 5898
Mike Lu 021 991 733
Sammy Ngai 021 288 0123
Lisa Parfitt 021 198 7277
Wayne Parfitt 021 083 97277
Anita Singh 022 132 2022
Binesh Sumer 021 496 321
Neera Sumer 021 203 7346
Usha Sumer 022 169 9231
Connie Wang 021 886 138
Wendy Wang 021 288 8466
Gavin Wong 022 807 2888
Stan Yee 021 180 8850
Meadowlands
AKTSM15
Barfoot & Thompson Meadowlands 90J Whitford Road, Somerville, Auckland 2014 Residential Sales 09 535 3153 Property Management 09 535 6153 Email meadowlands@barfoot.co.nz
barfoot.co.nz/meadowlands