Barfoot & Thompson | Beachlands

Welcome to our SOLD Beachlands & Maraetai 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.

Beachlands branch 42 Wakelin Road Beachlands, Auckland 2018

Whitford branch

8 Whitford-Maraetai Road Whitford, Auckland 2571

P 09 536 4990

E beachlands@barfoot.co.nz barfoot.co.nz/beachlands

P 09 530 8292

E whitford@barfoot.co.nz barfoot.co.nz/whitford

Daniel Wei and the Beachlands-Whitford team

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

April 2024

* Beachlands, Botany Downs, Bucklands Beach, Burswood, Cockle Bay, Dannemora, East Tamaki, East Tamaki Heights, Eastern Beach, Farm

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 May 2023 to 30th April 2024, we sold 47% of all properties for sale in the area, that’s over 975 sales made by Barfoot & Thompson! And in the month of March 2024, we sold 41% - which is also more than any competitor!

Number of Sales

Dannemora

Average sale Price

Bucklands Beach + Eastern Beach

Cockle Bay + Shelly Park + Somerville

Farm Cove + Sunnyhills + Pakuranga

Golflands + Burswood + Northpark

Howick + Mellons Bay

1st February to 30th April 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.

GETTING READY TO SELL

TOP TIPS

When selling your home

So, you are thinking about selling and want to know what you should do before putting your home on the market?

We share a few ideas from the information available on our website barfoot.co.nz

Read our top tips and be sure to look at our information videos available on our web pages at this link: barfoot.co.nz/sell/selling-tips

De-clutter

The golden rule for getting ready for market is definitely to de-clutter! The goal is to get buyers to make an emotional connection to your property when they visit during an open home or a private viewing. They need to see the spaces and have an idea as to where they can put their belongings.

Before you start the selling process, it’s a good idea to think about the space you have and how you can make the most of it. You may have all the space you need, but clutter could obscure rooms and make them look smaller. Think of de-cluttering as a head start on packing up for your move later on.

Define Spaces

Defining each room is a good idea when you are preparing for presentation to the market. For example, you might have a four bedroom home but are using one of the bedrooms as a home office. While working from home suits many, showcase all the possibilities by installing a single bed alongside a more compact work area. This way you maximise the benefit of the extra bedroom and tick all the boxes for a broader range of buyers.

If you don’t have enough furniture, use a Home Stager. Home Stagers can bring an assortment of furniture and accessories to ‘dress’ your home. They often do this using your own furniture while adding the appeal of popular styles or trendy decoration to achieve a showhome presentation.

For an unfurnished home or an investment property, it’s a great idea to use staging to help your agent achieve the best selling price for your property.

Our top tips:

- Consider hiring a storage unit for all objects that don’t have a place in your home

- Clean everything - from skirting boards to walls, taps and behind fridges

- Consider getting carpets professionally cleaned

- Buyers will open your cupboards and closets, so make sure you take time to check these and give them a tidy-up

- Your personal mementos make your house a home. So it stands to reason that buyers will find it hard to imagine living there if it’s filled with family photos and heirlooms.

Repairs and renovations Go green!

For many people selling their home provides the perfect opportunity to make minor repairs and touch ups they may have been putting off for a long time.

Doors that don’t shut property, holes in walls, peeling wallpaper or leaking taps are just some of the things that can turn off buyers and are relatively easy to fix.

First impressions

Before a buyer enters your home, they’ve already formed an opinion based on what they’ve seen from the road. Take a walk out to the kerb and think about anything that could potentially turn buyers off.

Freshly cut lawns, a well cared for garden or hedge, and clean paintwork on the house make a huge difference, and so do a chemwashed exterior plus water blasted fences and concrete walls. A positive impression from the street will make the buyer want to step inside.

A well-tended front garden creates instant appeal and is a great way to show buyers that your home is worth a look.

If you’re not sure what to plant, go with low maintenance shrubs - New Zealand natives are ideal. Think about how you can create a sense of privacy and calm.

Bark or crushed shells can be used to cover any patches of bare earth, and rocks, railway sleepers or bricks make inexpensive garden borders.

Don’t have a garden? Add some colourful pots or planter boxes. Herbs, perennials or succulents are a good option - they add colour and fragrance.

More info:

Our website barfoot.co.nz contains a range of tools and tips for buyers, sellers and renters.

Go online or drop in at our branch and ask us for more information.

Recent Sales

The following pages show a summary of sales in Beachlands, Maraetai & Whitford 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.

Beachlands & Maraetai

63 Bell Road

$875,000

7 Defender Crescent

$1,810,000

9

Gateway Avenue

$1,050,000

189 Jack Lachlan Drive

$1,942,000

21 Kaiawa Street

$1,670,000

257 Maraetai Drive

$1,846,000

1B Paketai Lane

$1,055,000

32 Pohutukawa Road

$1,720,000

2/14 Unga Place

$762,000

Meet the team

The tight-knit team at Barfoot & Thompson Beachlands sell significantly more homes in this coastal suburb than any other real estate agency - and it’s easy to see why.

All staff offer a great deal of area knowledge and the best advice when buying, selling or renting in the area. Reflecting the local population, our team is made up of a number of immigrants from the UK and South Africa who have settled here for the coastal, Kiwi lifestyle.

Added to this local knowledge is a depth of experience in real estate, extensive skills and regular training, as well as having the vast resources of Auckland’s leading real estate company at their fingertips.

Property Management team

Sales Team Beachlands

Barfoot & Thompson sell one in three properties in Auckland, and all branches have access to in-house auction experts, excellent marketing tools and resources, a sophisticated website and listings system, and the ability to market properties through all 70+ branches in Auckland and Northland - creating far greater campaign reach and selling power. The team at Beachlands/Whitford also offers dedicated property managers to take the stress out of owning an investment property.

Sales team Whitford

Sharon Adams 021 088 97373

Veronica Ding 021 175 2548

Mandy Kumari 021 130 5786

Wayne Rawson 0274 824 662

Manson Yang 027 777 2838

Abhi Bakshi 021 107 7815

Jeff Foo 021 269 5592

Annie Ly 021 0219 3888

Peter Saengdee 027 316 6406

Emily Zhong 021 128 9278

Ling Buditaslim 021 678 058

Jill Franklin 021 684 111

Pam Ly 021 339 955

Baldev Singh 027 222 0315

Johnson Chang 027 248 4908

Roger Franks 027 448 4587

Ketan Maggon 021 067 1137

Jessie Stewart 021 969 539

Karen Cheng 021 866 330

Guo 021 223 3598

Mehak Narula 022 111 3963

Linda Tieu 021 854 632

Deraiya 021 217 0032

021 047 6770

Ngeap 021 055 9222

Van Wagoner 027 493 5652

Helena

Haji

Marylin

Stella

Harman Khosa

42 Wakelin Road, Beachlands, Auckland 2018

Residential Sales 09 536 4990

Property Management 09 839 7107

Email beachlands@barfoot.co.nz

8 Whitford-Maraetai Rd, Whitford, Auckland 2571

Residential Sales 09 530 8292

Property Management 09 839 7107

Email whitford@barfoot.co.nz

barfoot.co.nz/beachlands barfoot.co.nz/whitford

Barfoot & Thompson

Whitford