WHAT’S MY HOUSE WORTH? GET A FREE APPRAISAL CURRENT LISTINGS FIND AN AGENT PROPERTY MANAGEMENT
Welcome to our SOLD Millwater Market Report magazine for September/October 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.
Harvey Zhang and the Millwater team
Latest News
Spring brings burst of buying activity to Auckland house market
The start of spring has seen committed buyers re-enter the Auckland residential property market with sales for September being their highest in the month for four years.
“It was a great start to the spring buying season,” said Peter Thompson, Managing Director of Barfoot & Thompson.
“Buyers were committed, and there was a general feeling that now was the time to act before prices started to increase.
“We sold 1,032 homes in the month, a 13.8 percent increase over the number we have sold on average over the previous three months.
“It is the first time we have sold more than 1,000 homes in the month of September for four years and is only 60 homes less than we sold during September 2020 when the market was heading towards its peak.
“Buyers were conscious that prices have remained stable since
the start of the year and that this settled pattern may not last for much longer.
“The median sales price for the month was $930,000, the lowest it has been for four months, down 2.1 percent on August’s price while the average price was $1,089,686, down 0.8 percent on that a month previously.
“A positive aspect about the month’s prices is that the average price was 0.8 percent higher than its equivalent in September last year and the median price was only 0.5 percent lower than its equivalent last year.
“The four-year trend, when the monthly median and average prices failed to reach the previous year’s equivalent, may be ending.
“Property in the under $750,000 price category continued to sell well in September, accounting for 26.5 percent (or 273) of all the homes we sold in the month. Homes in this price category are proving particularly appealing to first-time buyers and investors.
“A combination of new builds and existing homes saw new listings for the month reach 1,781, which was excellent for early spring and brought the end-of-month stock level to 5,775.
“September was a quiet month for sales in the above $3 million price category, with 12 sales.
“The spring effect was also felt in the rural and lifestyle market with September sales reaching $73 million, the highest September sales for five years and our second highest monthly sales figure this year.”
Peter Thompson Managing Director
September 2025
Millwater area*
$1,250,000 TOTAL SALES September 2025 63 + 0 Rural/Lifestyle Sales, Total 63 September 2024 49 + 3 Rural/Lifestyle Sales, Total 52
* Total monthly sales up/down compared to the same period last year.
Share and Figures
Millwater & Silverdale
Red Beach
Wainui & Waitoki
Overall Market Share
Over the last 12 months, Barfoot & Thompson sold more property in our area than any competitor.
For the period from 1st October 2024 to 30th September 2025, we sold 36% of all properties for sale in the area* including Millwater/Silverdale, Red Beach, Wainui (inc. Milldale) & Waitoki.
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.
Red Beach Silverdale & Millwater Torbay & Waiake Wainui & Waitoki Orewa
*inc Milldale *inc Millwater/Orewa
Red Beach Silverdale + Millwater Torbay + Waiake
Wainui + Waitoki Orewa
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
Committed to being the best real estate agency around.
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
our accolades or visit:
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 September 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. Scan me to view our recent sales
Millwater, Milldale & Silverdale
79 Argent Lane
54
Arran Point Parade
75
Bonair Crescent
14 Cannon Street
123
Colonial Drive
88 Dendro Ring Road
102 Dendro Ring Road
Fennell Crescent
$1,551,000
Harris Drive
4 Hayley Court
8 Hayley Court
22 Kaupeka Road
30 Kaupeka Road
25 Kettlewell Drive
8 Kuhu Way
4 Lees Street
16 Major Henry Greens
2
Makaka Lane
41 Manuel Road
98 Maurice Kelly Road
2 Memory Lane
40 Milldale Drive
16 Miller Rise
22 Mita Road
36 Mita Road
45 Parkland Loop
49 Parkland Loop
53 Parkland Loop
29 Pekanga Road
6 Percival Lane
56
Siren Street
7 Sunview Street
21 Te Taruna Drive
4/299 Te Taruna Drive
13 Tipu Crescent
24 Tipu Crescent
33
Tipu Crescent
42 Tipu Crescent
52
Tipu Crescent
64
Tipu Crescent
81 Totara Views Drive
Tukutata Crescent
57 Tukutata Crescent
144
Wainui Road
205 Wainui Road
5/40 Waiparaheka Drive
$712,000
10/40 Waiparaheka Drive
$465,000
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.
Red Beach & Totara Views
49 Bay Street
49A Bay Street
49B Bay Street $575,000
49C Bay Street
$600,000
3/65 Bay Street
70 Bay Vista Drive
90 Hibiscus Coast Highway
$914,000
3 Koura Drive $1,160,000
21A Marie Avenue
14 Odlin Lane
$1,930,000
62 Pohutukawa Avenue
19B Red Beach Road
$905,000
15 Symes Drive
$1,350,000
51 Walton Street
278 Whangaparaoa Road
4 William Bayes Place
$950,000
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.
SIGNED. SEALED.
Celebrated!
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.
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
Residential / Rural Sales team
Mary Cocker 021 027 87636
Brianna Liu 021 596 888
Rojin Roy 027 522 1212
Leo Xing 021 183 6836
Roy Dong 021 068 8280
Coralie Lush 027 360 2345
Mia Shi 027 666 5548
Sindy Xiong 021 152 1117
Flora Feng 021 286 6625
Jason Meng 021 053 5987
Steven Su 022 573 2219
Yiz Yin 021 230 9268
Hao 0276 885 886
Naicker 021 2433 155
Bobby Sundarajan 021 051 2769
Yu 021 024 68345
Lana Hong 021 160 7802
Perez 021 182 6329
Tong 021 166 9548
Zhao 021 297 6030
Li 021 036 8990
027 204 0022
Wang 027 866 9688
Frank
Lavashnee
Susana
Hugo
Milu
Tina
Ivy
Shirley
Bob Qin
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