Welcome to our SOLD Pakuranga 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. Pakuranga branch 120 Pakuranga Road Pakuranga, Auckland 2010
Grant Paitry and the Pakuranga 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
* 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.
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!
Number of Sales
1st September to 30th November 2024 compared to the same period last year.
Average sale Price
Beachlands + Maraetai
Botany Downs
Bucklands Beach + Eastern Beach
Cockle Bay + Shelly Park + Somerville
Dannemora
Farm Cove + Sunnyhills + Pakuranga East Tamaki
Golflands + Burswood + Northpark Flat Bush
Howick + Mellons Bay
1st September to 30th November 2024 compared to the same period last year.
* 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.
Highland Park
Half Moon Bay
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 Pakuranga 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.
Pakuranga & Surrounds
Lot 4/25 Archmillen Avenue
$950,000
55 Archmillen Avenue
$1,068,888
21/17 Ben Lomond Crescent
$946,000
2/6 Boys Place
1/69 Butley Drive
$827,500
16A Cheam Place
$1,615,000
1/11
Chip Grove
$880,000
Lot 1/38 Dale Crescent
$1,020,000
113 Edgewater Drive
$1,020,000
Lot 4/19 Ellesmere Crescent
$699,000
1/31 Glenmore Road
$810,000
40B Glenmore Road
$1,200,000
76A Glenmore Road
$1,060,000
76C Glenmore Road
$1,020,000
90 Glenmore Road
$1,608,000
19 Greenhill Crescent
$1,100,000
1/10&2/10 Kentigern Close
33 Kerswill Place $1,295,000
49A Larne Avenue
$900,000
2/11 Latham Avenue
$665,000
3 Lewis Road
$1,380,000
2B Millen Avenue
$868,000
21 Olena Avenue
$1,700,000
2/242 Pakuranga Road
$830,000
3 Pakuranga Road
$999,000
Lot 2/11 Pelorus Place
$788,000
2/10 Portadown Avenue
$720,000
1/14 Reeves Road
$880,000
25 Roadley Avenue
$2,435,000
18 Roysfield Lane
$1,375,000
38C Udys Road
$935,000
93 Udys Road
$1,280,000
62A Walworth Avenue
$848,000
Bucklands Beach & Eastern Beach
2/17 Bain Place
$900,000
Road
122A Bucklands Beach Road
$2,460,000
198 Bucklands Beach Road
$2,390,000
246B Bucklands Beach Road
$1,420,000
283A Bucklands Beach Road
$1,500,000
315B Bucklands Beach Road
$950,000
315D Bucklands Beach Road
$968,000
21 Devon Road
$2,000,000
1/19 Galsworthy Place
$1,474,500
30 Gills Road
$1,370,000
2/32 Gills Road
$1,650,000 $1,650,000
36B Hattaway Avenue
$945,000 n/a
Lot 7/18 Hutchinsons Road
$1,042,000
Lot 6/18 Hutchinsons Road
$1,050,000
60 Hutchinsons Road
$1,455,000
16 Malvina Place
$1,330,000
3 Malvina Place
$1,330,200
12 McCrystal Avenue
$1,868,000
62C Priestley Drive
$1,660,000 n/a
1/68 Sorrel Crescent
$1,163,000 $1,200,000 CV
1/20 Takutai Avenue
$1,168,800 $1,550,000 CV
16A Vanbrugh Place
$1,658,000 n/a CV
16C Vanbrugh Place
$1,691,000
7 Whitcombe Road
Half Moon Bay
33B Birman Close
$1,010,000
17 Britannia Place
$2,060,000
11 Broman Place $1,635,000
10 Bungalore Place
$1,490,000
18 Compass Point
Way
$3,125,000
25 Compass Point Way
$3,065,000
25 Dianne Louise Drive
$2,049,000
32B Fortunes Road
$940,000
8 Fortunes Road
$1,260,000
146 Gills Road
$1,345,000
Lot 5/9A Glennandrew Drive
$1,246,000
20 Imogene
Way
$1,405,000
8 Indus Place
$1,671,000 $1,750,000 CV Land Size Sale price 672 Bedrooms 4 Floor size 210
1/17 Liam Place
$850,000 $970,000 CV Land Size Sale price Unit Title Bedrooms 2 Floor size 120
5 Mark Edward Drive
$1,950,000 $2,100,000 CV Land Size Sale price 600 Bedrooms 5 Floor size 270
139 Pigeon Mountain Road
$890,000 $870,000 CV Land Size Sale price 392
74
10 Prince Regent Drive
2
$1,801,680 $1,900,000 CV Land Size Sale price 746 Bedrooms 3 Floor size 206
142C Prince Regent Drive
$1,280,000 $1,350,000 CV Land Size Sale price 244 Bedrooms 4 Floor size 185
2/66 Prince Regent Drive
$792,500 $1,000,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 70
93 Prince Regent Drive
$1,400,000 $1,700,000 CV Land Size Sale price 648
150
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.
Highland Park
13C Ballater Place $690,500
1/9 Benygloe Place
$880,000
1/28 Highland Park Drive
$860,000
6 Lochend Place $1,225,000
5 Andrew Road
Lot 3/7&9 Broadview Place
1/7 Castleton Drive
$770,000 $940,000
10 Culver Terrace
$1,402,500 $1,350,000
52B Gibraltar Street
$1,180,000 $1,170,000
42A
Nelson Street
$1,087,000
37A O’Halloran Road
$1,027,500
Lot 6/630&632 Pakuranga Road
$980,000 n/a
676 Pakuranga Road
$1,400,000 $1,625,000
2/119 Ridge Road
$665,000
160A Ridge Road
$999,000
57A Rodney Street
$617,500
Lot 2/111 Union Road
$1,160,000
124B Wellington Street
$810,000
177 Wellington Street
$1,130,000
Mellons Bay
60 Beach Road
6D Burford Place
2 Hartles Place
48A Marine Parade
$2,600,000
Uxbridge Road
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
If you ask Grant how long he has been dealing in real estate, he would say “forever”.
Involvement with real estate spans his entire working life. The early years were in the building development sector. From there he made the transition into residential sales. It is his highly successful track record of completed marketing programmes and large volume of repeat and referral business that speaks for itself.
Now as manager, with a multi cultural staff his aim with the backing of Barfoot & Thompson’s marketing resources is to service to the highest standard all the real estate needs of the local community.
If you need real estate advice, whether the project is large or small, he is there to help.
The diverse and experienced team at Barfoot & Thompson Pakuranga are known for making their clients experience a pleasurable one – and they have the results to prove it.
It’s this sense of teamwork and combination of cultures and skills that make Barfoot & Thompson Pakuranga the obvious choice when buying, selling or renting in the area. They consistently deliver great results for clients, investors and purchasers alike, and the quality of their service is shown in the amount of positive feedback and repeat business the team receives.
Experienced sales staff offer a great deal of real estate expertise, local knowledge and up-to-date market information, while a dedicated and experienced rental team can take care of all your investment properties or rental needs. This is backed up by advanced IT systems and a state-of-the-art website. As part of the real estate company that has been in Auckland for over 100 years, the team can also draw on the strength and vast resources of the Barfoot & Thompson network. With over 1,700+ salespeople achieving one in three of Auckland’s property sales every day, there’s no real estate company that knows Auckland better.
Property Management team
Grant Paitry
Residential Sales team
Anuj Bisht 021 026 29790 Angie Cheng 027 238 2380
Gihan
Hamid
Tommy
Divya Saharan
Keitha
Barfoot & Thompson
120 Pakuranga Road, Pakuranga, Auckland 2010
Residential Sales 09 572 0203
Property Management 09 576 9007
Email pakuranga@barfoot.co.nz
barfoot.co.nz/pakuranga