Welcome to our SOLD Remuera Market Report magazine
for December 2024
Our magazine contains the latest available information regarding property sales in Remuera, 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.
This month’s Remuera sold properties are set out on the remaining pages. If you would like to view our current listings available for sale please click here to view our Property Live magazine, updated weekly with fresh to market listings.
Yours sincerely.
Carolyn Vernon and the Remuera 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
Market Share and Figures
Overall Market Share
Over the last 12 months, Barfoot & Thompson sold more than a fourth of all listed properties in our area*.
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 1500 sales made by Barfoot & Thompson!
And in the month of November 2024, we sold 40% - which is also more than any other competitor!
Monthly sales overview in the local area* (*Recent Sales)
Figures shown on this page include information from multiple sources and
and may
private sales. Where sales information was not publicly available, an
baselined on the 13th of each month for the available
of the information. Barfoot and Thompson Limited (REA2008)
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 Remuera 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.
22B Aldred Road
$4,900,000
59 Bell Road
$3,350,000
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
$2,105,000
86D Grand Drive
$1,750,000
25A Grand View Road
$3,150,000
9
Keith Avenue
$3,348,000
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
34 Leys Crescent
$1,810,000
28A Lillington Road
$2,513,000
53 Lingarth Street
$4,001,000 $4,425,000 CV
34 Maungarei Road
$3,100,000
123A Ngapuhi Road
$735,000 $870,000 CV
Lot 2/61 Ngapuhi Road
$790,000 n/a CV
97 Orakei Road
$3,125,000 $2,925,000
2/28A Platina Street
$1,300,888 $1,700,000 CV
3/137 Portland Road
$712,500 $890,000 CV
6/175 Portland Road
$1,260,000
6 Portland Road
$4,850,000
4
2
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.
Parnell
2/9 Balfour Road
$2,295,000
35 Bridgewater
Road
$1,500,000 $1,675,000
2/25
Cathedral Place
$836,000 $1,020,000
1A/2
Churton Street
$2,900,000
1 Dovedale Place
$65,000
25 Dovedale Place
$65,000
1/4
Logan Terrace
$2,910,000
437K Parnell Road
$2,280,000
7/119 Saint Stephens Avenue
$4,841,000
73 Saint Stephens Avenue
$8,295,000
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
27B Meadowbank Road
$1,555,000
114/6-14 Meadowbank Road
$570,000
214/6-14 Meadowbank Road
$608,000
G07/6-14 Meadowbank Road
$690,000
11 Steele Street
3 Temple Street
Greenlane
2/3 Temple Street
$1,400,000 $1,825,000 CV Land Size Sale price 439
4 Floor size 235
10A Adam Street
$1,100,000 $1,475,000 CV Land Size Sale price 347 Bedrooms 2 Floor size 72
3/1 Derry Street
$1,153,000 $1,850,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 167
3 Korokino Road
$2,600,000 $3,150,000 CV Land Size Sale price 835
24A Tawera Road
$1,350,000
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.
1/18 Arron Street
$920,000
7/18 Arron Street
$902,000
8/18
Arron Street
$912,000
11I Arthur Street
$1,100,000
17A Ballin Street
$1,005,000
70 Celtic Crescent
$2,050,000
10 Denning Place
$1,320,000
666A Great South Road
$385,000
251 Main Highway
$1,000,000
1/18 Marei Road
$770,000 $900,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 72
8 Pukerangi Crescent
$2,200,000 $3,150,000 CV Land Size Sale price 845 Bedrooms 3 Floor size 112
19A Ranier Street
$1,505,000 $1,665,000 CV Land Size Sale price 610 Bedrooms 4 Floor size 177
2/3C Rockfield Road
$1,360,000 $1,400,000 CV
9 Rockfield Road
$1,312,000 $1,525,000 CV Land Size Sale price Crosslease
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
Successful selling relies on unparalleled market knowledge, superior negotiating skills and a lot of hard work. We are focused, professional real estate experts with years of experience in every kind of market.
Carolyn Vernon
Manager 027 577 7000
Sales Manager
Our marketing and negotiating skills are well proven with our focus being on providing valuable, insightful, knowledgeable and respectful real estate services to you. Your needs are what drives us—we understand the one size doesn’t fit all, which is why we deliver a bespoke service that’s as unique as you and your home. As we value the same things as you do, you can be assured we’ve got all the right measures in place to ensure your privacy and security.
Property Management
Customer Service
Margaret
Suria
Residential Sales team
Alastair Plowman 027 333 7341
David MacDonald 021 650 901
James Doole 021 666 938
Church 021 988 272
Armon 021 723 177
Alex Baker 0274 579 805
David Wang 022 351 1588
Judith Barr 021 971 500
Oscar Zhao 022 580 8866
Hood 021 911 606
Ling 021 100 0202
Dennis M Dunford 0274 914 666
Nah 021 281 6899
021 998 563
Su 021 166 6011
Armon 021 799 012
Kelly 021 954 573
Fitzpatrick 021 530 290
Christie 027 459 2951
Ryan 027 522 0773
Wang 021 280 2828
MacDonald 021 983 634
021 928 648
Hu 021 295 7593
Sun 021 453 135
021 928 926
627 5082
Amos
Barbara
Rose
Safiya Bharuchi 022
Cici
Cindy Jiang 021 777 273
Dermot
Rawdon
Julia
Julie
Kathy Bower
Leila MacDonald
Paul Studman
Maree
Stanley
Steve
Sue
Verena
Gill
Han
Barfoot & Thompson
417 Remuera Road, Remuera, Auckland 1050
Residential Sales 09 524 0149
Property Management 09 524 1654
Email remuera@barfoot.co.nz
barfoot.co.nz/remuera