Barfoot & Thompson | Torbay and Long Bay

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Welcome to our SOLD Torbay & Long Bay Market Report magazine

for May 2025

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.

Tony Cederwall and the Torbay & Long Bay teams

Torbay branch 1054B Beach Road Torbay, Auckland 0630

Long Bay branch 57/167 Glenvar Ridge Road Long Bay, Auckland 0630

P 09 473 9190

E torbay@barfoot.co.nz barfoot.co.nz/torbay

P 09 473 0712

E longbay@barfoot.co.nz barfoot.co.nz/long-bay

Latest News

Auckland property sales remain strong in April

Monthly Auckland residential property sales continued to gain momentum during April and sales for the first four months of the year were their highest for four years.

“By the end of April this year we had sold 3440 properties, 18.5 percent higher than in the first four months of last year, 65.5 percent higher than in 2023 and 2.8 percent higher than in 2022,” said Peter Thompson, Managing Director of Barfoot & Thompson.

“It underlines that in terms of the number of sales being made, the Auckland market is building some traction.

“In April we sold 842 properties. While down nearly a third on those for March, this was the highest number of sales we have made in April for four years, and we only exceeded this number in April once in the last nine years.

“Sales in the early part of April slowed when talk of tariff ‘trade wars’ reached their highest but rebounded quickly towards month’s end.

“March is the peak of the summer selling season, and a decline in sales numbers compared to March is normal.

“From a price perspective the market showed no signs of lifting, with prices in April drifting downwards with the median price at $934,000, being down 3.7 percent on that for March, and the average price at $1,110, 689, down 3 percent.

“Prices normally ease back post March as we head into autumn.

“A marked feature of sales in April was the high percentage of sales in the under $750,000 price segment, which accounted for 26.8 percent of all sales. In March this price segment accounted for 23.4 percent of sales.

“The high number of new build apartments and town houses in the under $750,000 price segment currently hitting the market are proving extremely popular with first time buyers and investors.

“Sales of properties for in excess of $2 million represented 7.5 percent of all sales, and this figure is consistent with the percentage of $2 million sales in April last year.

“New listings for April were a healthy 1578, and were in line with April last year, and properties for sale on our books

at month end were 6113.

“This number is only marginally down on last month’s record level of properties for sale at month end.

“April sales in the rural and lifestyle markets to the north, south and west of Auckland continued to enjoy strong sales activity in the month, with sales reaching a little over $61 million. This level of turnover was down only 5 percent on March’s outstanding sales month.

“With 28 rural and lifestyle properties being sold, this was the highest number of sales in the month of April in four years.”

Torbay, Long Bay & Waiake

Market Share and Figures

We sell across all price brackets and types of property. Here’s proof why people continue to list and sell with Barfoot & Thompson.

Over the last 12 months, Barfoot & Thompson sold more property in our area than any competitor.

For the period from 1st May 2024 to 30th April 2025, we sold 38% of all properties for sale in the area – that’s over 1450 sales made by Barfoot & Thompson!

*Browns Bay, Long Bay, Murrays Bay, Northcross, Pinehill, Rothesay Bay, Torbay & Waiake.

Torbay + Waiake
Rothesay Bay
Pinehill
Murrays Bay
Long Bay
Browns Bay + Northcross
Torbay + Waiake
Rothesay Bay
Pinehill
Murrays Bay
Long Bay
Browns Bay + Northcross

BUYERS GUIDE TO THE PROCESS OF NEGOTIATION

FIND OUT

how to make an offer on a property that is being sold with a price, price band or by negotiation.

What is buying by negotiation?

This is when properties are advertised with a price, a price band or by negotiation. People are invited to make an offer on the property. This allows the buyer to negotiate with the seller on price.

Types of offers you can make

Unconditional

A straightforward offer to buy according to the terms set out in the contract.

Conditional

When your offer to buy has conditions attached, for example, arranging finance or being satisfied with a building report you arrange.

If you make an offer which the seller doesn't accept, they can countersign the offer and the salesperson can continue negotiations this way until the buyer and seller agree.

What is an unconditional offer?

Making an offer

All offers must be made in writing using the correct documentation - your Barfoot & Thompson salesperson will provide these. These documents comply with New Zealand Real Estate contract law. Your salesperson will guide you through the process of submitting your offer in writing, paying the deposit, settlement/possession dates and the inclusion of any additional conditions.

What happens once an agreement has been made?

Any conditions need to be satisfied by the due date and it is the buyers responsibility to satisfy those conditions.

Once an agreement is unconditional, neither the buyer or the seller can change their mind, and the buyer must pay the rest of the purchase price on the settlement day.

Deposit payments are made by the buyer to the real estate agency, which is required by law to hold the money in an audited trust account, only releasing it when legally authorised to do so.

The balance of the purchase price is paid on settlement, this is usually the day you take possession of the property.

Learn more about how we can help you find a property that suits your needs

Recent

Sales

The following pages show a summary of sales in Torbay, Long Bay & Waiake made by all selling agencies during April 2025.

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.

Torbay, Long Bay & Waiake

14 Acacia Road

$1,350,000

30A Acacia Road

$765,000

97 Awaruku Road

$870,000

71 Bearing Parade

$1,515,000

2 Bounty Road

$1,820,000

61 Bounty Road

$1,150,000

38C Caversham Drive

$1,170,000

2/9 Ceramco Place

21 County Road

$1,070,000

21D County Road

$1,070,000

24 Coventry Way

$1,303,000

15 Danbury Drive

$1,500,000

28 Firth Road

$801,000

1/27 Flavia Close

$860,000

2/119 Glamorgan Drive

$1,030,000

2/160 Glamorgan Drive

$850,000

2/68 Glamorgan Drive

$750,000

339 Glenvar Road

$1,651,000

57A Hebron Road

$1,100,000

11 Ian Sage Avenue

$1,087,000

29 Ian Sage Avenue

$1,045,000

5 Ian Sage Avenue

$1,235,000

2/15 Killarney Avenue

$910,000

20 Pennant Street

$1,686,000

203/23 Pennant Street

$740,000

22 Reynolds Place

$1,310,000

120 Stredwick Drive

$970,000

1/168 Stredwick Drive

$733,000

31 Stredwick Drive

$1,295,000

95 Stredwick Drive

$1,080,000

187 Te Oneroa Way

$1,960,000

36 Waiau Street

$1,716,000

2/40 Waiau Street

$885,000

72A Weatherly Road

$823,000

72D Weatherly Road

$900,000

10 Wentwood Place

$1,300,000

2/12 Willis Street

$927,000

8 Windlass Street

$1,295,000 $1,250,000 CV Land Size Sale price 186 Bedrooms 4 Floor size 178

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

Tony Cederwall Branch Manager 027 5466 377

People often ask, “Why would I choose Barfoot & Thompson Torbay?” As Branch Manager, my answer is simple: it’s about understanding. Understanding your story, your goals, and the vision you have for your future. This approach is the foundation of everything we do at our branch.

I firmly believe that with the right leadership, a positive mindset, empathy, and innovative strategies, we can help achieve exceptional outcomes for our clients. My years of experience as a top-performing salesperson on the North Shore taught me the value of these qualities, and I ensure my team upholds the same standards.

I moved to the Bays in 1987, and my roots in this community run deep. From playing rugby and cricket at the East Coast Bays clubs to running my own business for 22 years, I’ve gained a strong understanding of the local area and its people. My business background has also equipped me with valuable skills in finance, customer service and management, which I now apply to leading my team.

My journey into real estate was fuelled by my love for property and a passion for creating spaces where people can see their future unfold. While I no longer sell directly, my focus now is to empower and guide my team to do what we do best - helping people buy and sell their homes with confidence and as little stress as possible.

I’m also dedicated to giving back, particularly through my continued involvement with the charity First Steps Himalayas, a cause that is close to my heart. In honour of my son Robbie, I’m committed to supporting initiatives that make a difference, both here at home and abroad.

At Barfoot & Thompson, we believe in more than just selling properties. As our Managing Director Peter Thompson has said, “We’re in the people business.” With over 100 years of family-owned history, Barfoot & Thompson continues to lead in Auckland’s real estate market, selling two out of every five listed homes. Those odds reflect the trust we’ve built with our clients and the community.

Family, community, understanding and innovation are at the heart of everything we do. If those values resonate with you, I’d love to welcome you to our branch to discuss how we can support your next real estate journey.

Property Management team

Dorean Posimani Property Manager 027 431 9696

Residential Sales team Torbay

Chelsea Chen 021 087 87168

Andrea Tavae 022 476 7273

Karin de Leeuw 027 270 2700

Craig Zhu 021 800 280

Kyra Perwick 027 311 7953

Wendy Radcliffe 021 772 070

Residential/Rural Sales team Long Bay

Michele Bensley 021 270 7410

Damon Li 021 077 9509

Ray Qu 021 190 0881

Betty Gao 022 383 0408

Eva Li 021 051 3590

Vivian Wang 021 284 8168

Bailey He 021 866 696

Yang Lin 021 0873 3492

Jiang 021 775 217

Mayur Nimje 022 364 5005

Tiki

1054B Beach Road, Torbay

Residential Sales 09 473 9190

Property Management 09 473 0372

Email torbay@barfoot.co.nz

barfoot.co.nz/torbay

Long Bay

57/167 Glenvar Ridge Road, Long Bay

Residential Sales 09 473 0712

Property Management 09 473 0472

Email longbay@barfoot.co.nz

barfoot.co.nz/long-bay

Barfoot & Thompson
Long Bay

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