Welcome to our SOLD Mission 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.
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
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 38% of all properties for sale in the area – that’s over 365 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 Epsom, Glendowie, Kohimarama, Mission Bay, Orakei, Parnell, Remuera and St Heliers. 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.
1st September to 30th November 2024 compared to the same period last year.
*Glendowie, Kohimarama, Meadowbank, Mission Bay, Orakei & St Heliers of properties in the local area* sold for $2 million or more over the last 3 months. 34%
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 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.
Recent
Sales
The following pages show a summary of sales in Glendowie, Kohimarama, Meadowbank, Mission Bay, Orakei and Saint Heliers 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.
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.
Kohimarama
25A Eltham Road
$750,000 $920,000 CV Land Size Sale price Unit Title Bedrooms 1 Floor size 47
2/109 Kohimarama Road
$1,350,000 $1,525,000 CV Land Size Sale price 60 Bedrooms 3 Floor size 138
202B Kohimarama Road
$2,380,000 $2,500,000 CV Land Size Sale price 373 Bedrooms 4 Floor size 270
1A/163 Tamaki Drive
$1,810,000 $2,600,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 94
4/277 Tamaki Drive
$1,950,000 $2,625,000 CV Land Size Sale price Unit Title Bedrooms 2 Floor size 148
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.
Meadowbank
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
47 Hawkins Street $2,088,000
6 Hobday Place
$1,800,000
4/21 Houghton Street
$698,000
4 Kinder Place $2,210,000
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 Land Size Sale price n/a
1 Floor size 51
G07/6-14
Meadowbank Road
$690,000 n/a CV Land Size Sale price n/a Bedrooms 1 Floor size n/a
11 Steele Street
$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 $1,825,000 CV Land Size Sale price 439
235
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.
Mission Bay
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
99B Selwyn Avenue
$1,455,000
4/103 Tamaki Drive
$1,350,000 $1,925,000 CV Land Size Sale price Crosslease
2 Floor size 120
43 Thatcher Street
$2,001,000 $2,175,000 CV
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.
Orakei
8 Ngaio Street
Land Size Sale price 440
$2,237,000 $2,250,000 CV
Bedrooms 4 Floor size 234
34A Ngake Street
$1,870,000 $2,200,000 CV Land Size Sale price 422
Bedrooms 3 Floor size 210
20A Rukutai Street
Land Size Sale price Crosslease
$900,000 $1,450,000 CV
Bedrooms 3 Floor size 125
28A Takitimu Street
Land Size Sale price 242
$2,375,000 $2,100,000 CV
Bedrooms 4 Floor size 260
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.
These days, selling a property is all about views.
Buyers now spend more time than ever online, so it’s smart to market your property there too. Fortunately, our salespeople are well-versed when it comes to all things digital. Want a 3D walkthrough to fully showcase your home’s features? We can do that. Or to advertise your place with a video on Facebook or YouTube? Not a problem. And we have a wide network of property websites to list your property on, ensuring your place is seen by as many potential buyers as possible. To find out how else we can help, check out our website.
Saint Heliers
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
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.
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
Ross has bought, developed and sold property in Auckland, Sydney and Melbourne and has maintained an avid interest in the real estate industry over many years. Through his work he has met and built relationships with people from all walks of life from all over the world, and he has always maintained the focus of achieving the very best result for everyone involved.
Ross is dedicated to looking after his client’s best interests and delivering great results every time. As a born and bred Aucklander, Ross has a fantastic grasp on the Auckland property market and a manner to put anyone at ease. His calm, professional and friendly approach, along with his immaculate attention to detail and astute advice, enables his clients to trust him completely from the outset. He has the ability to understand his client’s individual needs, relating to both buyers and sellers by analysing situations from their perspective and advising them accordingly.
With a consistent track record of exceeding expectations in his profession, Ross is committed to exceptional service through straight forward, honest communication and building trust and rapport with all of his clients. His dedication and unparalleled levels of service ensures he achieves excellent results.
Ross lives in central Auckland with his partner Delia, daughter Grace and Enzo the dog. He enjoys walking, swimming and long bike rides and is a life time Auckland and All Black rugby supporter.
Property Management team
Residential Sales team
Robert Ballard 022 682 0063
Mark Edmonds 027 493 5657
Sally Kam 027 567 2268
Keith Simpson 027 255 5050
Dayle Barnes 027 610 6101
Aaron Foss 021 367 791
Jason Li 021 195 0668
Mary Turner 021 523 868
Dan Barry 021 649 181
Danny Gu 021 907 617
Rachel Liu 022 021 9903
Cathy Xue 029 121 1596
Mel Barry 021 021 78880
Hou 021 628 658
Alex Mathew 027 358 8165
Lawrence Yuan 021 038 5588
Brown 021 125 0931
Izzard 021 284 1020
Veronica Schoonraad 021 358 270
Mae Zhang 021 221 1139
Barfoot & Thompson
101 Tamaki Drive, Mission Bay, Auckland 1146
Residential Sales 09 528 0775
Property Management 09 521 0152
Email mission@barfoot.co.nz
barfoot.co.nz/mission-bay