Barfoot & Thompson | Glen Innes

Welcome to our SOLD Glen Innes & Surrounding Areas Market Report magazine for May 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.

Anton Fatkin and the Glen Innes team

Glen Innes branch 121 Apirana Avenue

Glen Innes, Auckland 1072

P 09 528 2473 E gleninnes@barfoot.co.nz barfoot.co.nz

Latest News

Auckland housing still moving forward from market low point

In April, the Auckland housing market gave back half the gains it made in March but overall sales continued the forward momentum being made since the low point in July last year.

“April’s trading did not match March’s breakout result, but was still a solid performance,” said Peter Thompson, Managing Director of Barfoot & Thompson.

“It has ensured the market is still moving forward from its low point in July last year.

“Since the start of the year, the median price has increased by 4.2 percent and the average price by 11.9 percent while, compared to the low point of the price cycle, the median price is now up by 6.1 percent and the average price by 13.7 percent.

“The median sales price for April at $1,007,500, was up 1.3 percent on that 12-months ago, but down 4 percent on that for March.

“The median price still remains above the $1 million mark, which

has become something of a benchmark for the median price in Auckland.

“The average sales price at $1,212,828 in April was down on that for March by 1.2 percent and was 11.6 percent above where it was 12 months ago.

“Sales numbers for the month at 704 were down a third on those for March but the highest for the month of April for three years.

“From a buyer-choice point of view, housing remains a buyers’ market with the number of properties listed at month end at 5,770, the third month in a row that total listings have remained above 5,000.

“Total listings at month end were assisted by 1,580 new listings in April, a three-year high for new listings in the month of April.

“Sales at the top end of the market remained strong, with 57 sales valued at $2 million or more, and this represented 8.1 percent of all sales. 12 homes sold for in excess of $3 million.

“The value of property sold in the Rural and Lifestyle markets in April was $40.2 million, up nearly 50 percent on the value of property sold last April. These sales made some inroads into stock levels, however, available properties for sale remain high in these two markets, offering buyers significant choice.”

Peter Thompson Managing Director

Glen Innes, Point England, Wai O Taiki Bay

April 2024

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 property in Glen Innes and Point England than any competitor.

For the period from 1st May 2023 to 30th April 2024, we sold 59% of all properties for sale in this area – that’s over 70 sales made by Barfoot & Thompson!

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

Number of Sales

1st February to 30th April 2024 compared to the

1st February to 30th April 2024 compared to the same period last year.

WHAT TO EXPECT FROM YOUR SALESPERSON

There are a number of services that we can provide when you are selling your house, including advice, communication and marketing.

Your Barfoot & Thompson salesperson will be able to provide:

1. Information about the current market and your local area

This will help you get a good feel for what your house is worth.

2. Advice on the best method of sale

There are a number of ways you can sell your home, whether it's by auction, negotiation or tender your salesperson should be able to talk you through each option and help you decide which method is most suitable for your property and your situation.

3. A comprehensive marketing plan

They'll look into a number of options and put together a plan that is suited to your home and your budget. The plan could cover things like professional photography, signage, online marketing, brochures and flyers, print advertising and open homes. Find out more about your marketing options with Barfoot & Thompson.

4. Tips on presenting your home

Talk to one of our salespeople

To find out more, contact one of our local salespeople

A well presented home will attract more interest and help you get maximum dollar.

Your salesperson should be able to advise you on the key things buyers look for in a property. Find out how to prepare for open homes.

5. Communication along the way

They'll keep you informed during your selling process so you know what level of interest there is and how much your home is worth, according to feedback from buyers.

Recent Sales

The following pages show a summary of sales in Glen Innes, Point England, Wai O Taiki Bay, Glendowie, St Heliers and Panmure made by all selling agencies during April 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.

Glen Innes

32 Apirana Avenue

$1,157,000

6 Apirana Avenue

$1,350,000

64 Leybourne Circle

$1,400,000 $1,850,000

10 Manea Lane

$788,000 $820,000 CV

10 Overlea Road

$975,000

131 Taniwha Street

$1,450,000

195 West Tamaki Road

$1,185,000 $1,800,000 CV Land Size Sale price 731

3

2

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.

Point England

102/7D Hinaki Street

$635,000 $650,000 CV Land Size Sale price Unit Title

12 Holland Avenue

2

$939,000 n/a CV Land Size Sale price 133 Bedrooms 4 Floor size n/a

42 Kawiti Avenue

$1,091,000 $1,475,000 CV Land Size Sale price 678 Bedrooms 3 Floor size 101

5C Torino Street

$705,000 $900,000 CV Land Size Sale price 115

Lot 2/8 Tuakiri Street

$920,000 n/a CV Land Size Sale price 74

2

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.

Wai O Taiki Bay

18 Lyndhurst Street

$980,000 n/a CV

Land Size Sale price 110 Bedrooms 3 Floor size n/a

33B Silverton Avenue

$1,970,000 $2,025,000 CV Land Size Sale price 540 Bedrooms 4 Floor size 218

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

1/17 Crossfield Road

$850,000 $980,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 71

66 Kildare Avenue

$2,400,000 $2,700,000 CV Land Size Sale price 809 Bedrooms 3 Floor size 155

49 Pembroke Crescent

$1,897,500 $2,350,000 CV Land Size Sale price 698 Bedrooms 4 Floor size 180

1 Romola Street

$1,120,000 $1,180,000 CV Land Size Sale price 255 Bedrooms 4 Floor size 185

3/59 Sierra Street

$1,300,000 $1,475,000 CV Land Size Sale price Crosslease

4 Floor size 168

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.

21 Benbow Street

$8,926,000

36 Benbow Street

$2,050,000

8 Berowald Place

$3,172,000

40A Challenger Street

$2,260,000

63

Devore Street

$2,650,000

30 Dingle Road

$5,451,000

5/5 Edison

Place

$855,000

25A Edmund Street

$1,500,000

28A Edmund Street

$2,180,000

39 Fern Glen Road South

$6,770,000

29 Glover Road

$3,000,000

25

Hampton Drive

$2,355,000

2/327 Kohimarama Road

$650,000

167A Long Drive

$2,227,000

99 Melanesia Road

$2,350,000

3/10 Sayegh Street

$1,200,000

38

Sylvia Road

$1,975,000

30F Tarawera Terrace

1/21 Vale Road

$1,145,000 $1,300,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 120

3/27 Vale Road

$1,650,000 $1,575,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 154

1/43 Vale Road

$1,760,000 $1,675,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 190

55A Vale Road

Size Sale price 486

$3,375,000 $3,650,000 CV

70A Vale Road

$1,740,000 $1,650,000 CV

80A Vale Road

$1,826,000 $2,225,000 CV Land Size Sale price 400 Bedrooms 3 Floor size 289

28 Walmsley Road

$2,975,000 $3,125,000 CV Land Size Sale price 412

4 Floor size 293

23A West Tamaki Road

$1,310,000 $1,280,000 CV

55A West Tamaki Road

$1,800,000 $1,625,000

3

4

62 West Tamaki Road

$1,900,000 $2,125,000 CV Land Size Sale price 710 Bedrooms 4 Floor size 146

69 West Tamaki Road

$1,112,000 $1,340,000 CV Land Size Sale price Unit Title Bedrooms 3 Floor size 116

7 West Tamaki Road

$850,000 $1,220,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 107

79 Whytehead Crescent

$952,000 $1,220,000 CV Land Size Sale price Unit Title Bedrooms 2 Floor size 141

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.

Panmure

10A Allenby Road

$545,000 $780,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 70

4 Gazala Lane

$850,000 $1,000,000 CV Land Size Sale price 112 Bedrooms 3 Floor size 103

5 Kapuni Road

$999,000 $1,900,000 CV Land Size Sale price 713 Bedrooms 5 Floor size 229

7A Stewart Avenue

$1,295,000 $1,525,000 CV Land Size Sale price 537 Bedrooms 3 Floor size 189

3/29 Te Koa Road

$865,000 n/a CV Land Size Sale price n/a

3 Floor size 130

4/29 Te Koa Road

$815,000 n/a CV Land Size Sale price n/a Bedrooms 3 Floor size 130

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 0274 319 532

Myria Iolamo Property Manager 027 204 1882

Natasha Davies

Manager 027 431 9528

Residential Sales team

Dan Barry 021 649 181

Mary Du 021 181 8133

Maggie Li 021 057 5855

Gova Vetharaniyam 021 025 75381

Mel Barry 021 021 78880

Daniel Duan 022 108 4008

Sue Liu 021 884 722

Amy Wilson-Chan 021 952 511

Charles Benedict 021 2022 595

Peter Hutson 0272 488766

Chira Ngamlerd 027 225 3570

Sam Bowen 027 524 0123

Brenda IngramJohnson 021 640 152

Paul Qu 021 043 3666

Maree Currie 021 1894 489

Sean Lee 021 717 283

Linda Reid 021 724 969

Barfoot & Thompson

121 Apirana Avenue, Glen Innes, Auckland 1072

Residential Sales 09 528 2437

Property Management 09 528 3632

Email gleninnes@barfoot.co.nz

barfoot.co.nz