Aug/Sept. 2026 Committed to being the Best Real Estate Agency around
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Millwater
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Market Report
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PROPERTY MANAGEMENT
Welcome to our
SOLD Millwater Market Report magazine
for August/September 2026 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.
Harvey Zhang and the Millwater team
Millwater branch 177 Millwater Parkway Millwater, Auckland 0932
P 09 426 6773 E millwater@barfoot.co.nz barfoot.co.nz/millwater
Latest News
Signs Auckland Housing Nearing Price Tipping Point The Auckland housing market experienced a typical end of winter sales month in August, but prices went against the normal trend by holding firm. “The Auckland market in August showed signs that it may be nearing a tipping point,” said Peter Thompson, Managing Director of Barfoot & Thompson. “Buyers are there and interested but are yet to be convinced that the upward price cycle is about to commence. They are still waiting for confirmation that the long-awaited return of rising prices is about to get underway. “It remains a solid buyers’ market, but there are signs that prices are hardening. “The median sales price for the month, at $955,000, was up marginally on that for July and the highest it has been for the past three months. “August’s median price was $15,000, or 1.6% higher than June’s median, and it is unusual
for the median price to be higher in the last month of winter than the first month of the cold season. It was also 0.5% higher than August’s median price last year. “It is a solid benchmark price from which to start the arrival of the spring selling season, and a small but welcome signal to vendors that a reversal may be in the wings.
“New listings for the month at 1,456 remained healthy, and month-end listings at 5,870 were in line with listings at this time last year. “Sales turnover in the rural and lifestyle markets in the upper North Island experienced a quiet month’s trading with turnover being slightly in excess of $36 million, in line with July’s trading.”
“The average price for the month at $1,098,487 continued to sit comfortably above $1,000,000. It was also 1.6% higher than August’s average price last year. “Sales were spread evenly across all price segments during the month, with 5% of sales being for more than $2 million. “We sold 787 properties in August. Although the second lowest number of sales in a month this year and down 6.9% on July’s sales it is unusual for prices to rise or hold firm when sales volume declines.
Peter Thompson Managing Director
Sales Data Millwater area* August 2026
SALE PRICE
MEDIAN
Average
Sale Price
$1,216,130
$1,254,500
Highest $2,550,000 Lowest $625,000
TOTAL SALES Aug 2026
$1,225,000
BY PRICE BRACKETS
46
+ 2 Rural/Lifestyle Sales, Total 48
Aug 2025
CV
$0 - $750K
47
$750K - $1M
2.1%*
$2 - $3M
+ 1 Rural/Lifestyle Sales, Total 48
* Total monthly sales up/down compared to the same period last year.
$1 - $2M
$3M+
4 9 32 1 0
Talk to us about Barfoot & Thompson’s number of days on the market for our different sale methods.
We Do make a difference.
* Millwater/Silverdale, Red Beach/Totara Views, Wainui & Waitoki - Residential sales
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 (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.
Market Share and Figures
Millwater & Silverdale Red Beach Wainui & Waitoki
Barfoot & Thompson
24% Market share $0-1M
Overall Market Share Over the last 12 months, Barfoot & Thompson sold more property in our area than any competitor. For the period from 1st September 2025 to 31st August 2026, we sold 34% of all properties for sale in the area* including Millwater/Silverdale, Red Beach, Wainui (inc. Milldale) & Waitoki.
Barfoot & Thompson
42% Market share $1M-1.5M
40 35
34%
30 Barfoot & Thompson
25 20
30% Market share $1.5M+
15 10 5 0 Figures shown on this page 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 suburbs in Millwater/Silverdale, Red Beach, Wainui & Waitoki. 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.
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.
Average sale
Price
1st June to 31st August 2026 compared to the same period last year.
Red Beach
Silverdale & Millwater
Torbay & Waiake
Wainui & Waitoki
Orewa
$1,286,433 $1,208,265
$1,316,635 $1,321,592
$1,136,520 $1,167,034
$1,196,008 $1,244,931
$1,128,026 $1,228,712
Same period last year
Number of
Last 3 months
Sales
1st June to 31st August 2026 compared to the same period last year.
83
30
37
Red Beach
53 50
Silverdale + Millwater
49
Torbay + Waiake
Same period last year
82 80 57
63
Wainui + Waitoki
Orewa
*inc Milldale
*inc Millwater/Orewa
Last 3 months
Monthly sales overview in the local area* (*Recent Sales)
How We Help Landlords Top Tips
Property management with peace of mind In our recent editions we have discussed the steps involved in selling your home. This month we cover how Barfoot & Thompson also help landlords manage their property.
Remember we have more information and a range of guides and tips to help whether you are buying, selling or renting. Find out more about our Property Management service on our website at this link: barfoot.co.nz/landlords/ how-we-help-landlords
How we help
landlords manage their property As an investor, you want to know your rental property is in safe hands. That’s where Barfoot & Thompson comes in.
Stress-free property management With Barfoot & Thompson, not only do you have the strength of Auckland’s largest and most trusted real estate company behind you, but you have peace of mind that property management experts are looking after your investment. So instead of dealing with the day-to-day issues, you can sit back and relax, confident that your property is in safe hands.
We manage 21,000+ rental properties Barfoot & Thompson is Auckland’s leading real estate company and New Zealand’s largest privately owned real estate company – still run by the Barfoot and Thompson families for over 100 years. We manage over 21,000 rental properties and with dedicated property managers in over 80 branches and one of Auckland’s largest rental portfolios, we have the experience and scale to help you.
We can help you find the right tenants and get the right rent • Rigorous selection process • Knowledge of the local rental market will ensure you get the right price • Regular rent reviews – see an increase in rent received to match market changes • Extensive portfolio of potential tenants: we’ll do our best to ensure your property is always tenanted.
We resolve disputes Because property management is our area of expertise, and as members of the Real Estate Institute we understand the legislative ins and outs so can deal with any issues that arise quickly and effectively. When required, our property managers represent our landlords at mediation and tenancy tribunal hearings. “I never have to worry about my rentals as the team at Barfoot & Thompson are on top of all the issues. I just get the statements at the end of the month, which is exactly the service I want.” C. Stokes
You can trust that your money is in good hands Handling of all rental funds is managed through our head office accounting department. And, unlike many other property management companies, all money collected on your behalf is held in an audited trust account – so you know where it is at any time. Barfoot & Thompson Ltd is also licensed under the Real Estate Agents Act 2008.
We have local knowledge Because our property managers are based in Barfoot & Thompson branches across Auckland, Northland, Bay of Plenty and Waikato, they understand their local rental market, have access to a wide portfolio of potential tenants, and can keep an eye on your property easily. Every branch has support staff that can assist you should your property manager be out of the office.
Did you know? When you advertise a property for rent or for sale with Barfoot & Thompson, it will be advertised on both Barfoot.co.nz and Realestate.co.nz If your rental property becomes vacant, you’ll receive extra online marketing – at no extra cost – on both Barfoot.co.nz and Realestate.co.nz. This offer is available to our full-service property management clients.
Number 1 experts in property management Did you know that 61% of landlords say they use a property manager for some or all of their rentals? And 31% of those people use Barfoot & Thompson - more than any other company. Here’s how we stack up: Source: TRA research with Aucklanders and Northlanders, October 2017.
Regular communication, clear information We report back to you on a regular basis the findings of our inspections, send statements at the end of each month, and keep you informed of market conditions, rent reviews and other relevant information.
The best technology in the business Barfoot & Thompson has invested in state-of-the-art property management systems – which contain the details of all rental properties we manage. By linking all quotes, repairs, maintenance, photos and rent payments to each rental account, all information related to a property is at our fingertips – invaluable for regular reporting and should a dispute occur.
Want more information on rental prices and return on investment? • View our latest suburb report in our Market Reports section to see sales, rent and yield • See our latest rental report in our Market Reports section to see rent by area barfoot.co.nz/market-reports • Contact one of our property managers or drop into our branch. Property Management Insider >>> subscribe now!
Our Awards
Committed to being the best real estate agency around. Winning big at the 2025–2026 International Property Awards Barfoot & Thompson has achieved an historic result at the 2025– 2026 International Property Awards, becoming the first real estate agency in the world to secure three global titles in the same year. At the IPA event in London, we were recognised as: • Best International Real Estate Agency Over 20 Offices • Best International Lettings / Rentals Agency • Best International Real Estate Agency Marketing
Recognised with 6 awards at the 2025 REINZ Awards for Excellence • Residential Property Management Office of the Year Small - Swanson • Residential Office of the Year (Sales Volume) - Small - Glendene • Residential Office of the Year (Sales Volume) - Medium - Millwater • Residential Office of the Year (Sales Volume) - Large - Howick • Community Service Award - Large - Barfoot & Thompson • Agency of the Year (All Disciplines) - Large - Barfoot & Thompson
4 prestigious Five-Star Awards at the 2025-2026 Asia Pacific International Property Awards • Best Real Estate Agency Over 20 Offices • Best Real Estate Agency Single Office (Howick) • Best Lettings / Rentals Agency • Best Real Estate Agency Marketing
Deloitte Best Managed Companies in 2025 Reader’s Digest Quality Service Winner 2025 Scan me to find out more about our accolades or visit: barfoot.co.nz/about-us/ our-awards
Recent Sales The following pages show a summary of sales in Millwater, Silverdale, Red Beach, Totara Views, Wainui & Waitoki made by all selling agencies during August 2026. 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.
Scan me to view our recent sales
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.
Millwater, Milldale & Silverdale 170 Ahutoetoe Road Sale price $1,365,000 Land Size 552
CV $1,375,000 Floor size 213
Bedrooms 4
CV $1,025,000 Floor size 157
Bedrooms 4
7 Airini Road Sale price $950,000 Land Size 136
83 Andrew Jack Road Sale price $704,000 Land Size 120
CV $730,000 Floor size 88
Bedrooms 2
CV $1,725,000 Floor size 305
Bedrooms 5
CV $1,375,000 Floor size 200
Bedrooms 4
CV $1,175,000 Floor size 193
Bedrooms 4
CV $1,350,000 Floor size 181
Bedrooms 4
CV $1,100,000 Floor size 187
Bedrooms 4
CV $1,600,000 Floor size 263
Bedrooms 5
11 Bankside Road Sale price $1,575,000 Land Size 518
40 Bartlett Drive Sale price $1,410,000 Land Size 540
49 Bonair Crescent Sale price $1,150,000 Land Size 350
12 Carthey Road Sale price $1,246,000 Land Size 453
41 Clara Road Sale price $1,000,000 Land Size 250
134 Colonial Drive Sale price $1,625,000 Land Size 667
AUG 2026
3 Desmond Road Sale price $1,525,000 Land Size 541
CV $1,450,000 Floor size 195
Bedrooms 4
5 Edward Abell Street Sale price $1,132,000 Land Size 403
CV $1,200,000 Floor size 179
Bedrooms 4
CV $1,700,000 Floor size 343
Bedrooms 5
10 Fermier Greens Sale price $1,580,000 Land Size 522
20 Johns Creek Crescent Sale price $625,000 Land Size 59
CV $670,000 Floor size 79
Bedrooms 2
CV $1,425,000 Floor size 210
Bedrooms 4
CV $1,225,000 Floor size 168
Bedrooms 4
CV $1,150,000 Floor size 150
Bedrooms 4
CV $1,350,000 Floor size 179
Bedrooms 4
CV $1,050,000 Floor size 150
Bedrooms 4
14 Kettlewell Drive Sale price $1,430,000 Land Size 545
4 Kotiti Drive Sale price $1,234,000 Land Size 422
41 Kotiti Drive Sale price $1,150,000 Land Size 405
8 Kuinga Street Sale price $1,263,000 Land Size 450
6 Lords Way Sale price $917,500 Land Size 180
AUG 2026
16 Ormonde Drive Sale price $1,450,000 Land Size 406
CV $1,400,000 Floor size 261
Bedrooms 5
CV $1,350,000 Floor size 199
Bedrooms 4
CV $1,225,000 Floor size 178
Bedrooms 4
CV $980,000 Floor size 154
Bedrooms 4
CV $980,000 Floor size 154
Bedrooms 4
95 Parish Drive Sale price $1,395,000 Land Size 450
101 Parish Drive Sale price $1,277,500 Land Size 400
21 Purua Street Sale price $885,000 Land Size 138
23 Purua Street Sale price $885,000 Land Size 141
18 Puruatanga Road Sale price $1,360,000 Land Size 557
CV $1,475,000 Floor size 222
Bedrooms 4
CV $1,500,000 Floor size 280
Bedrooms 5
CV $1,425,000 Floor size 224
Bedrooms 4
14 Sibling Court Sale price $1,470,000 Land Size 525
20 Skipjack Pass Sale price $1,460,000 Land Size 653
105 Skulander Crescent Sale price $1,600,000 Land Size 509
CV $1,550,000 Floor size 240
Bedrooms 5
2/73 Te Taruna Drive Sale price $925,000 Land Size 124
CV $890,000 Floor size 125
Bedrooms 3
2/75 Te Taruna Drive Sale price $682,000 Land Size 66
CV $730,000 Floor size 81
Bedrooms 2
3/75 Te Taruna Drive Sale price $688,000 Land Size 66
CV $730,000 Floor size 81
Bedrooms 2
379 Te Taruna Drive Sale price $1,348,000 Land Size 450
CV $1,325,000 Floor size 199
Bedrooms 4
3 Tukutata Crescent Sale price $1,410,000 Land Size 450
CV $1,425,000 Floor size 224
Bedrooms 5
9 Tukutata Crescent Sale price $1,448,000 Land Size 493
CV $1,450,000 Floor size 228
Bedrooms 5
14 Tukutata Crescent Sale price $1,450,000 Land Size 653
CV $1,500,000 Floor size 231
Bedrooms 5
29 Tukutata Crescent Sale price $1,270,000 Land Size 405
CV $1,275,000 Floor size 184
Bedrooms 4
92A Tukutata Crescent Sale price $1,100,000 Land Size 203
CV $1,100,000 Floor size 167
Bedrooms 4
AUG 2026
92B Tukutata Crescent Sale price $1,100,000 Land Size 210
CV $1,100,000 Floor size 171
Bedrooms 4
CV $850,000 Floor size 127
Bedrooms 3
CV $1,050,000 Floor size 172
Bedrooms 4
173B Wainui Road Sale price $755,000 Land Size 64
217 Wainui Road Sale price $1,021,000 Land Size 254
Red Beach & Totara Views 35 Albatross Road Sale price $1,270,000 Land Size 809
CV $1,125,000 Floor size 260
Bedrooms 4
CV n/a Floor size 113
Bedrooms 3
CV $1,150,000 Floor size 198
Bedrooms 4
CV $1,450,000 Floor size 290
Bedrooms 6
CV $790,000 Floor size 83
Bedrooms 2
37E Bay Street Sale price $910,000 Land Size 141
26 Cambie Avenue Sale price $1,180,000 Land Size 314
2 Driftwood Drive Sale price $1,522,000 Land Size 593
23 Koura Drive Sale price $799,000 Land Size 113
AUG 2026
6 Quo Vadis Place Sale price $850,000 Land Size Crosslease
CV $710,000 Floor size 70
Bedrooms 2
45B Rosario Crescent Sale price $2,550,000 Land Size 300
CV $1,225,000 Floor size 218
Bedrooms 4
CV $1,975,000 Floor size 216
Bedrooms 4
CV $2,000,000 Floor size 220
Bedrooms 4
Wainui & Waitoki Rural/Lifestyle Sales 242 Hillcrest Road Sale price $1,700,000 Land Size 1 ha
12 Whitehills Road Sale price $1,500,000 Land Size 2.69 ha
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.
Looking for a home? Get a First Look. House hunting can take over your weekend. The endless scrolling through listings, making enquiries and going from one open home to the next. First Look can help with that. Every day, our network of 88 branches and more than 1,800 salespeople help bring new properties to market. With First Look, you’ll be able to see selected properties earlier. The way it works is simple. Register for free, tell us what you’re after and save your preferred location, price range and property features. We’ll email you when a property matches your search. Then you have the chance to enquire, arrange a viewing or make an offer.
S CA N TO S IG N U P O R L EAR N M O R E AT BA R FO OT.C O. N Z / F IR ST LO O K
SIGNED. SEALED.
Celebrated! SIGNED. SEALED. Celebrated!
Top Small Property Management Office Rodney Region for the period ending March 2026
Top Small Property Management Office Overall for the period ending March 2026
Meet the Team I first joined Barfoot & Thompson in 2015 and quickly built a reputation as one of the region’s leading salespeople. My career has since included management roles, along with a rewarding tenure supporting and developing the Browns Bay team as Assistant Manager. I’m now proud to be leading the Millwater branch as Branch Manager. With a strong connection to the local community, I bring both extensive industry knowledge and a genuine passion for people development. I’m committed to building a thriving sales team and positive culture by providing guidance, training and motivation. I believe that investing in people is the key to achieving lasting success. Harvey Zhang Branch Manager 022 166 5225
Before entering real estate, I established two successful IT companies. With a keen interest in innovative technology, I continue to explore fresh ideas that enhance productivity and efficiency. While real estate is very much a team effort, I also believe in supporting each individual to reach their full potential. At Barfoot & Thompson, it’s important to me that everyone feels confident in their ability to succeed in a competitive environment. Real estate brings me immense satisfaction, and so does nurturing the growth of others. This role perfectly combines those two passions, and I look forward to making a meaningful difference for both my team and the community.
Property Management team • Top Small Property Management Office, Rodney Region, to end of March 2026 • Top Small Property Management Office Overall, to end of March 2026
Tony Gibbs Head of Property Management 027 577 6282
Gaynor Fouche Property Manager 027 275 4599
Steve Yang Property Manager 027 374 4030
Best International Real Estate Agency at International Property Awards
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Residential / Rural Sales team
Laura Anderson 021 087 63681
Mary Cocker 021 027 87636
Mia Coetzee 021 210 3797
Bob Cui 022 699 1996
Cynthia Dai 021 288 8585
Roy Dong 021 068 8280
Wei Dong 021 045 9566
Poppy Edgar 027 349 2612
Cris Feng 021 187 6801
Marilyn Gledhill 022 376 3980
Sophia Han 021 216 6628
Tina Hao 0276 885 886
Lana Hong 021 160 7802
Janene Hopkins 022 088 2522
Tanya Ji 021 262 7649
Brendan Langdon 021 046 9382
Brian Liu 021 230 2123
Brianna Liu 021 596 888
Eva Liu 021 029 21018
Eddie Marukore-Gapes 021 0256 2882
Our awards Best International Real Estate Agency at International Property Awards
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Residential / Rural Sales team (continued)
Jason Meng 021 053 5987
Lavashnee Naicker 021 2433 155
Susana Perez 021 182 6329
Rojin Roy 027 522 1212
Elmarie Steenberg 021 265 0252
Rick Steenberg 021 086 04925
Bobby Sundarajan 021 051 2769
Shirley Tong 021 166 9548
Ivy Wang 027 866 9688
Mark Wang 021 268 3216
Summer Xu 021 083 35356
Will Yang 027 877 7669
Elaine Yin 022 060 1323
Yiz Yin 021 230 9268
Lydia Zeng 021 052 0370
Michelle Zhai 021 022 93335
Yan Zhang 022 898 0418
Zoe Zhang 027 434 8296
Alan Zhao 021 049 3737
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Millwater Barfoot & Thompson Millwater 177 Millwater Parkway, Millwater, Auckland 0932 Residential Sales 09 426 6773 Property Management 09 426 6774 Email millwater@barfoot.co.nz
barfoot.co.nz/millwater