REAL ONE

Why NZ is likely to see fewer affordable homes in the future

Resene: Refresh your outdoors for summer 14.

The definitive guide to entertaining inside & out

Wayne Maguire: What in the world is real estate doing? 09. 22. 31. Properties for sale

What's happening in the market, local area statistics

Welcome

Kiwis are remarkably curious about what’s going on out there in the big wide world.

We’re inveterate travellers with probably only one thing we’re more passionate about: our local residential real estate market. We’re lucky enough to live in a country where two-thirds of households in Aotearoa New Zealand (1,175,217 or 66%) own their home or hold it in a family trust. So how does our current recovering market compare with some of our major trading partners?

Australia is in good heart with increasing values, especially in Sydney, Brisbane Adelaide and Perth. China has been experiencing a gloomy period with sluggish growth and some high-profile developers going under. However, things are stabilising with 2025 predicted as looking better. The UK sees property prices returning to peak pandemic levels and the USA is in a steady and moderate phase within a consequential pre-election environment, the results of which could move the dial.

Enjoy the down under spring season and let’s talk soon about what’s going on in your world and how we can help make it better.

Wayne Maguire AREINZ CEO Maguires One Team

Ray White Mission Bay 33 Tamaki Drive rwmissionbay.co.nz

Ray White St Heliers 10 Polygon Road rwstheliers.co.nz

Ray White Kohimarama 5 Averill Avenue rwkohimarama.co.nz

Ray White Greenlane 139 Great South Road rwgreenlane.co.nz

Why NZ is likely to see fewer affordable homes in the future

Written by Tony Alexander, Source: oneroof.co.nz

Kiwis shouldn’t expect a return to the good old days of cheap housing.

One of the key comments made by people concerned about the soaring cost of purchasing a house compared with incomes over the past three decades is that it is all a matter of supply. If more houses can be built, then the average ratio of house prices to income may return to near three, which existed up until the early 1990s. The ratio now is closer to seven.

But this is not entirely accurate. In fact, it is well off the mark. Only if land prices and construction costs fall or hold steady as incomes rise, will the measure return to previous levels.

To see why, consider the position of someone looking to buy a house. They can buy something already built or something new. Sometimes the former is cheaper, sometimes the latter. Let’s say we see a boom in new house construction – such as the rise from 13,500 consents issued for new dwellings in 2011 to 51,000 two years ago.

Could such a boom cause house prices to fall or hold steady? Did such a boom cause this to happen? No. Since 2011 the average house price in New Zealand has risen by about 130%, while the CPI has gone up 35% and average wages about 60%. Why?

Because construction costs have soared. One measure from the Capital Goods Price Index has exactly doubled since 2011. The cost of an existing house is going to be determined not just by the interplay of the number of buyers versus the number of sellers, but by how much it costs for the alternative – a new house.

Construction costs have risen strongly, and it is not just the costs for materials which are at fault.

Health and safety requirements have been strongly increased, consenting fees have risen, new standards have to be met for insulation and earthquake sustainability etc. Traffic management is a whole new cost to be borne on large sites.

Then there is the cost of land. People tend to want to live as close to their work as possible. But someone else is usually already there and encouraging them to leave so that some new townhouses can be built usually requires a high price.

Simply building more dwellings will not much change the cost of a dwelling compared with income unless land prices fall, materials costs decline, and the increased standards and rules introduced over the past few years are reversed. Land prices can fall but the retreats tend to be temporary. Materials costs are still creeping higher, according to the information I receive, and any watering down of construction standards and safety rules will only ever be minimal.

Tinkering at the edges with increased consent processing speeds, freeing up land on city outskirts, and allowing more intensification will help, but only at the margin. Higher house supply growth can help contain the premium buyers must pay over and above construction costs and restrain the margins earned by builders and others in the supply chain.

But unless construction costs retreat, we cannot reasonably expect much change in housing affordability. Going by the still large cost overruns being reported for most construction projects despite the economy having been in recession for almost two years, it seems reasonable to expect that once economic growth returns cost increases will worsen. In fact, consider what will happen to the costs of acquiring resources for residential construction once the surge in planned infrastructure projects starts.

The definitive guide to entertaining inside & out

Source: yourhomeandgarden.co.nz

We’re dreaming of a long, hot summer. Here’s how we’re gearing up for dining, drinking and relaxing this season.

Your home should be a safe harbour to come home to from a frantic day and recharge. It’s also a space you can open up for friends and family to come together, so both the dining space and outdoor area needs to be multi-functional.

If you’re thinking about a drinks party outside, a modular L-shaped outdoor sofa is an easy option (it’s also the ideal choice for a lazy Sunday afternoon with a book). When you’ve got friends over, you’ll need an outdoor coffee table within easy reach of the sofa, so guests can put their drinks on it and grab some finger food, while a mobile bar cart will boost your hosting credentials.

However, it’s important to factor in the durability of the pieces.

Freedom Furniture visual merchandiser Kate Young says, “Outdoor furniture is exposed to a lot of conditions so, you need to weigh up which materials will need maintenance over others and if you’re willing to put in that level of care.”

When it comes to having people over for dinner, outside or inside, you’re only limited by how many people you can get around your table and everyone is seated comfortably. Allow 30cm between chairs to enable people to get up easily. While we’re measuring up, a rectangular table with a depth of 90cm ensures you’ll have enough room for place settings as well as serving platters and bowls for the middle of the table. “You want people to feel welcome and comfortable,” says Kate. “They can sit on a garden wall with some chair pads or pull up an ottoman or pouffe. People should know there is a space for them.”

A generous rug that fits the table and all chairs will delineate the room and add a welcoming vibe. If you have the space in your dining area, a buffet is useful for extra dishes that don’t fit on the table. It can also become an impromptu bar and even a dessert station. Kate says, “Entertaining should be fun, incorporating colour and texture is a great way to set a vibe, especially in summer. Play around with a textured vessel and glassware or a cool statement salad bowl.”

Prep Talk

• Invite the number of people your space can accommodate and make sure there’s enough seating. Stools, ottomans, beanbags and floor cushions, which can be used indoors and outdoors, are always handy.

• Never underestimate the power of lighting. Inside, this means flattering light from table lamps and outside, flickering candles in hurricane lights will add ambience. Or create an entertaining party atmosphere in your garden with strings of fairy lights or festoon garden lights.

• Changing your cushion covers each season is an easy way to freshen up the look of your outdoor room.

• A new tablecloth and a colourful water carafe and tumblers are also affordable ways to switch up your look.

Ray White Now

Introducing Ray White Now, an insight to provide clarity to all our customers on what is happening in the market now.

If you are considering selling we explain how you can take advantage of the current conditions to achieve the best possible sales outcome.

Why sell now?

Daniel Coulson Chief Executive Ray White New Zealand

New Zealand’s residential property market is at a critical juncture, less than 62 days out from Christmas with expectations intensifying of the interest rate relief that has polarised the market over much of 2024.

Ray White New Zealand’s chief executive, Daniel Coulson, says that for buyers and sellers today, the decision to act now could be the key to unlocking opportunities in a highly dynamic and evolving market.

“Although real estate has always followed cyclical patterns, today’s market reflects a shift to more traditional dynamics, influenced by macroeconomic, social and regulatory factors. This creates a particularly favourable moment to engage as Kiwis are more tuned into recent good news stories than ever before.”

Photo: 98-100 Riverview Road, Kerikeri, Far North Proudly marketed by Nathan Roach, Ray White Kerikeri

Wayne Maguire: What in the world is real estate doing?

Written by Wayne Maguire, CEO Maguire & Associates

We may be going about our daily life on two little islands at the bottom of the world, but as a rule, Kiwis are remarkably curious about what’s going on out there in the big wide world.

We’re inveterate travellers – 58% of us plan on travelling overseas in the next 12 months. This is just how we roll. Probably the only thing that outstrips our exceptional interest in the world “out there’ is our passionate love affair with the local residential property market. We are lucky enough to live in a country where two-thirds of households in Aotearoa New Zealand (1,175,217 or 66.0 percent) own their home or hold it in a family trust. So how does our current market compare with some of our major trading partners? Let’s take a look:

Australia is our nearest neighbour and although only a three-hour flight and with much in common on and off the sports fields, their real estate market operates quite differently. Interest rates are a federal matter, but each state has a real estate market impacted by local factors and their own regulations. Overall, the Australian market has been enjoying significant growth and development with transactions up 10% and record highs for sales in Sydney, Brisbane, Adelaide and Perth in particular. The upward trajectory is expected to continue with banks predicting 5 – 6% growth.

China has been a combination of boom and bust with current indicators not as rosy as Australia. The word on the street is that the sector is sinking with slumps being seen in values which not only threaten household wealth but also will have an impact on the growth of the Chinese economy. Some major property developers have gone under with the government rolling out measures to stabilise the market and mitigate the risk of a downward spiral. Things are expected to stabilise in 2025, but the commentary is that their market will be subdued for a few more years to come.

The UK has seen property sales return to peak pandemic levels with annual house price inflation at 1%. Sales are at their highest levels since 2020 and ensuing pandemic boom with first home buyers representing 36% of all sales - the most active segment. Lenders have been competing with one another for the business with borrowing rates at their lowest in 2 years although talk of the Labour Government bringing in a Capital Gain Tax has landlords skittish. They are selling up in record numbers with figures showing that in September 18% of homes on the market had previously been rented – the highest figure since 2010.

Last but by no means least, realtors in the USA expect a steady and moderate pace of growth for residential home prices. Mortgage rates are rising, and the market responds accordingly.

With a decrease in prices some welcome activity is the result and buyer demand increased by 20% in their high season of June/July 2024. Nationwide there have been 16% more houses for sale than in 2023. Properties are selling for 96.8% of their asking price and values are also returning to pre pandemic levels. What impact the coming elections will have on residential real estate is anyone’s guess – particularly if their new president is a property developer!

So, how does all this compare with what we are experiencing here at home? After bottoming out in May 2023, real estate prices have now increased by 2.42%. Forecasted to grow by an annual rate of 4.33% from 2024 – 2029, the residential property market is currently experiencing a surge in demand again from overseas buyers. Although prices are easing here the RBNZ is still saying that buying a home 'remains relatively unfavourable compared with long-term averages'.

We may be small, but in terms of our residential real estate market, all the indicators from interest rates, economy and availability of stock point in a much more favourable direction.

Enjoy the down under spring season and let’s talk soon about what’s going on in your world and how we can help.

Pool Perfection: A True Facelift of a Central Auckland Backyard

Source: Tailormade Designs Limited: A licensee of Zones Outdoor Renovations Ltd

Replacing an old linear pool and creating improved indoor-outdoor flow didn’t come without its challenges for the Zones® Central Auckland landscaping team.

Leaks, plumbing, and drainage issues from their front yard pool had been plaguing these Glendowie homeowners, for years, so when the time came to replace the old linear pool and improve the indoor-outdoor flow of the Central Auckland space, the homeowners welcomed the expertise of Zones® Landscaping Consultant, Thelma Meyer.

The homeowners vision was to create a bigger, better, and more functional space and surrounding poolscape by reducing the pool and the placement of a new concrete / fiberglass pool.

Thelma embraced the homeowners vision but it wasn’t long before the project faced significant challenges. Demolition, excavation, backfilling, and geo-engineering services would all be needed to achieve their vision, so a complete makeover of the existing pool was chosen as a more viable option.

This included an aluminium frame and jacks built on top of the existing terracotta tiles surrounding the front yard pool.

So, by replacing the liner and upgrading the plumbing and electrical and pool surrounds, giving the area a complete facelift.

The result is a total transformation of the homeowners front yard poolscape, with modern coping, improved flow, and greater use of outdoor space.

A new pergola, planting, and outdoor lighting have added to the ambience. Thelma has also ensured the location, electrical prep work and extra support to carry the weight of a future spa that will be added in the near future to this stylish new sanctuary.

Looking to landscape?

If your outdoor area is in need of a modern makeover, book a free consultation today.

Thelma Meyer 021 042 9932 zones.co.nz/thelmameyer

Loan Market Lending Update

How rate reductions can help you save on interest and reduce your loan term.

With interest rates dropping from around 6.99% down to the mid-5% range, now could be a great time to review your home loan strategy.

To put this in perspective: if you have a $600,000 mortgage—similar to the average home loan size in NZ—a rate decrease from 6.99% to 5.59% can lower your monthly payments from around $4,000 to under $3,500. However, if you continue making repayments at the higher $4,000 level, you can make a significant impact on your loan.

By keeping your payments at $4,000 per month on the lower interest rate, you could potentially:

• Reduce your loan term by around 8.5 years, paying off your mortgage much faster.

• Save approximately $203,000 in interest over the life of your loan.

This approach lets you take advantage of the lower rate and accelerate your path to financial freedom.

Interested in exploring this strategy? Let’s review your options and see how much you could save!

Tenzin Choedon Mortgage Adviser

021 404006

tenzin.choedon@loanmarket.co.nz loanmarket.co.nz/tenzin-choedon

How to grow raspberries in New Zealand

Source: yourhomeandgarden.co.nz

Raspberries need very little room and grow easily up any vertical support.

The sweet yet tart flavour of raspberries makes them a delicious and versatile berry, whether you’re baking or eating them fresh. But another great benefit you may not know is that raspberries are also easy to plant and grow. So, with the right approach and conditions in your garden, you could be able to pick an abundance of berries each season.

When to plant raspberries

Raspberry plants do not like hot summer temperatures or the tropics, which makes winter the best time to plant them. This is also when nurseries and online companies sell virus-free single canes. As a starting point, look for bare-rooted raspberry canes that are about 20–30cm tall.

Types of raspberries

Raspberries are grouped into two classes. The summer-fruiting varieties, also known as flora canes, grow to a height of 1.5–2m. They produce high yields of fruit on canes that grew the year before. A couple of the more popular summer-fruiting varieties are ‘Nootka’ and ‘Willamette’, which fruit from late November to early January.

Autumn-fruiting raspberry plants, or primo canes, produce their berries on top of their current season’s canes and are usually shorter in growth. ‘Heritage’, which bears fruit from March to mid-April, and ‘Autumn Bliss’ with its pleasant, mild flavour, are favourites among this group.

How to plant raspberries

Bare-rooted raspberry canes are best planted in rows that run north to south so the entire plant is exposed to the sun during the day. Well-drained soil is essential as plants do not tolerate wet feet. If necessary, build a raised bed and dig in plenty of organic compost.

Plant them 1m apart into a hole that has been dug over two months earlier with manure, compost and a handful of complete fertiliser. You can also add these in late winter if the ground has not yet been prepared.

Each plant will send up numerous new canes in its first year. These reach about 1.5m tall and need the support of a post and wire structure, trellis or fence to tie the canes to. Run two lengths of wire, the lower at 1m and the higher at 1.4m above the ground for perfect support.

Do raspberries grow better in pots or ground?

Raspberries are usually grown at the back of the veggie garden in a sunny spot, but they also look great growing up on a post or as a hedge dividing garden beds.

If you want to grow raspberries in pots, look for smaller varieties that only grow to about 1m high. You could also ask your local nursery or an online nursery what varieties are suited to pots.

When planting raspberries in pots, choose one that gives it plenty of space to spread out – both the canes and roots will appreciate the space. Then, just follow similar care guidelines to those for raspberries planted in the ground.

How to maintain and take care of raspberry plants

• Sprinkle lightly with a complete fertiliser of nitrogen, phosphorus and potassium (N:P:K) with a ratio of 12:5:15 in early spring.

• Water well twice a week in the growing and fruiting period from October to March.

• Remove weeds regularly to reduce competition for water and nutrients.

• Use netting to protect the fruit from birds.

• Replace plants every 8–10 years.

• Old flora canes die after fruiting, so cut all dead canes out during winter.

• Prune all primo canes to ground level as soon as the leaves fall in winter.

• Spray for fungus diseases in winter with a Bordeaux spray or copper oxychloride. Mulch plants well in winter months with compost and manure.

Resene: Refresh your outdoors for summer

Source: oneroof.co.nz, Sponsored by Resene

Here are some quick and simple ways to set your outdoor areas up for summer.

Freshen up the furniture

If you have outdoor seating, tables or even a BBQ bench, planters or a shed, give them all a once over. Check for areas that might need repairs to make them safe to use.

Give them a wash down, to remove flaking paint and any moss, mould or mildew.

If some of your furniture is looking a bit tired, a fresh paint, or, for wooden furniture, stain is a cost-effective and quick way to bring it back to life – and maybe get a season or two more from it before it needs replacing.

If you’re staining wooden furniture and planters, experiment with different shades instead of just the natural wood colour.

Darker stains like Resene Woodsman Treehouse or Resene Woodsman Banjul look dramatic and modern with bright coloured cushions and throws.

Using a darker shade on planters and fences also makes them recede so the focus is on your beautiful flowers, vegetables and shrubs.

Think about how you might be using the space over the warmer months. Will you need different types of seating?

Do you need flexible options that can easily be stored until you have larger groups to entertain? Do you have enough tables? Where should you position your furniture to get the most sun or shelter from the breeze?

What mood do you want to create? Maybe it’s a tropical retreat or a coastal escape. Having a theme or mood in mind helps keep your space cohesive.

Once you have a plan, you can start to create use areas within your garden just as you might inside. Painted recycled doors, or wooden screens, even concrete blocks can be repurposed as dividers, or shelters to give you a secluded relaxation or eating area, that’s separated from the kids’ play area or the tool shed.

For a less solid option, train climbing plants such as sweet peas or even beans to grow up wires to create a living screen.

Add layers of colour and texture, just as you would in an indoor sitting area – as well as lots of plants and flowers.

Using a similar or the same Resene colour palettes as you’ve used inside helps create that indooroutdoor flow everybody’s aiming for. It could be a good way of using up leftover paint from your indoor makeover.

Repaint your front door

One way to give your home an instant update, and improve your curbkerb appeal is to paint your front door. Embrace the trend for vivid statement doors by choosing a bold colour like the gold Resene Mandalay or Resene Mexican Red.

If that doesn’t appeal, think about painting your door a bolder or lighter shade of your exterior colour. For example, if your exterior is a neutral beige such as Resene Quarter Napa, try Resene Double Napa on your front door. Paint your door frame and any surrounding porch trim in the grey-white Resene Sea Fog for a fresh, light touch.

Fresh foliage, inexpensive furniture and a lick of paint can do wonders for an outdoor area.

A bright splash of colour on this exterior door gives the whole house a lift.

To make your door stand out – and cope with wear and tear – think about using paint with a gloss or semi-gloss finish, such as Resene Enamacryl (gloss) or Resene Lustacryl (semi-gloss). And for added drama to your entrance, add two painted pots with large trees on either side of the door.

To extend the makeover you could also paint porch steps and surrounding pathways. To keep family and visitors safe, paint on Resene Non-Skid Deck & Path for a non-slip finish.

Add lighting

Outdoor, solar power fairy lights are a quick way to make everything look more glamorous when the sun goes down! Wrap them around your trees, or through your grapevine. Hang them from your fence or pergola, or simply tangle them up inside a glass vase for a pretty outdoor table lamp.

Hurricane lanterns or tealights floating in a large platter or birdbath, are other simple, fast and effective ideas for outdoor lighting.

Wash up

Give your home exterior its annual wash to remove moss, mould or mildew as well as any salt residue if you’re anywhere near the sea. If you wash the exterior regularly you should be able to get away without blasting, which can damage weatherboards, and go for a garden hose with a broom for scrubbing with Resene Paint Prep & Housewash.

Treat areas of mould with Resene Moss & Mould Killer.

A wash and scrub can also do wonders to remove winter’s mouldy residue on brick walls or concrete driveways and paths. Or spray on Resene Deep Clean and leave it and nature to clean your surfaces.

Add art

Decorating the walls and surfaces of your outdoor space is an effective way to give it a new lease of life and add some of your personality to your garden. Find cheap ceramic or concrete tiles and have a go at painting your own designs to dot around the garden using Resene testpots. It can be a fun activity to do with your kids too.

A fresh approach to decorating and seating have made this a unique and appealing outdoor retreat area.

If you have a long stretch of wooden fence, add some artistic shapes to it – e.g. the shape of large leaves in a contrasting colour. Go for something geometric you can mask up if you don’t trust your freehand skills or try something abstract with different colours that showcases the shades of your garden.

Or simply hang a beautiful piece of art on the fence or exterior wall of your home. A search around local markets, garden centres and art studios should yield something you love that is weatherproofed and suited to outside.

Mirrors can be another fun way to add life to your garden. They’ll throw light around nicely and can make smaller gardens seem larger.

Put some thought into where you place them, so they don’t bounce the glare right at where you’re planning to sit and relax.

Look for opportunities to add more colour in the future – with fresh touches of colour on furniture, planters and landscaping features.

For hundreds of home project ideas from kiwi decorators, visit habitatbyresene.co.nz, or visit your local Resene ColorShop for advice and inspiration for your next decorating projects.

Salmon canapes

Full of colour and flavour, they are the perfect bite-sized addition to your next soiree.

Recipe brought to you by Aoraki Salmon, Source: dish.co.nz

MAKES: APPROXIMATELY 50 BLINIS

INGREDIENTS

• 1 packet Marcel’s blinis

• 2 Aoraki Salmon Spreads 180g (Zingy or Zesty)

• 2 Aoraki Cold Smoked Salmon Slices 180g

• Micro greens to garnish

METHOD

Arrange the blini on a platter and spread each one with the salmon spread.

Cut the salmon slices into quarters then pleat each one and place on top of the blini followed by the micro greens for garnish.

Serve immediately.

Patrón Paloma

A classic cocktail that is refreshing no matter the occasion.

Recipe brought to you by 1800 Tequila

Source: dish.co.nz

SERVES: 1

INGREDIENTS

• fresh lime juice to dip the glass rim, plus 15ml for the cocktail

• salt to dip the glass rim, plus a pinch for the cocktail

• 60ml Patrón Silver Tequila

• 90ml grapefruit soda

• grapefruit slice, to garnish

METHOD

Chill a highball glass, then dip the rim in lime juice, followed by salt.

Add your ice, tequila, grapefruit soda, 15ml measure of lime juice and pinch of salt. Stir to combine, then garnish with the grapefruit slice.

Anna Stephenson Licensee Salesperson 021 393 565

Donna Watts Licensee Salesperson 027 250 9417

Hannah Pritchett

Salesperson 022 176 2731

Meet our team

Wayne Maguire Ceo And Auctioneer 027 422 3377

Bryce Holmes Licensee Salesperson 021 908 293

Douglas Melville

Salesperson 021 702 500

Jackie Dragicevich

Salesperson 021 657 521

Ana Pristopan Sales Manager 021 351 313

Cathy Roselli

Salesperson 021 750 454

Ester Kanaway

Salesperson 021 523 637

Jono Barton

Salesperson 027 919 4944

Christine Kahn

Salesperson 027 477 4407

Gerry Smutz

Salesperson 0275 203 980

Judith Everitt

Salesperson 021 2777 844

Ray White Mission Bay, Kohimarama, St Heliers & Greenlane - Maguires One Teamare experienced real estate professionals committed to providing you with the best possible service.

Kim Thompson

Licensee Salesperson 021 048 7171

Pauline Brown

Licensee Salesperson 021 731 023

Ricky Cave Licensee Salesperson 027 222 5419

Glynn Pritchett

Lesley Harris Licensee Salesperson 0274 935 498

Peter Coker Licensee Salesperson 021 666 203

Rosco Valentine Licensee Salesperson 021 726 344

Nadine Wilson Licensee Salesperson 021 916 626

Rain Diao Licensee Salesperson 021 066 4976

Stuart Trewheela Licensee Salesperson 027 482 4783

Olivia Lloyd Licensee Salesperson 021 166 8234

Richard Lyne Licensee Salesperson 021 687 000

Simon Pritchett Licensee Salesperson 0274 755 542

Vess Rusev

We have a specialist team of experienced and successful agents who have a unique insight into Auckland Suburbs including Mission Bay, St Heliers, Kohimarama, Orakei, Glendowie and Greenlane

Vicki Huntley

Licensee Salesperson 021 702 443

Femina Ebrahim

Licensee Salesperson 021 064 0833

Maryanne Bradley

Licensee Salesperson 0274 418 448

Lily Chang

Licensee Salesperson 021 280 5400

Priya Waller

Licensee Salesperson 021 131 2018

Kaushi Balasuriya

Licensee Salesperson 021 183 0101

Bella Stefano

Licensee Salesperson 021 668 938

James Ford

Licensee Salesperson 021 020 37340

Anya Khominich

Licensee Salesperson 027 654 3006

Amanda Page

Licensee Salesperson 021 058 8771

Mary Tiler

Licensee Salesperson 0278 005 500

Hana Roberts

Licensee Salesperson 021 195 5988

Hermanus Verheyen

Licensee Salesperson 021 081 16217

Julian Blanch

Licensee Salesperson 021 624 405

Jackson Hawkesby-Lyne

Licensee Salesperson 021 081 295 44

Elizabeth Ling Licensee Salesperson 021 383 939

Dushen Mallimaratchi Licensee Salesperson 027 776 5348

Sanjay Karan Licensee Salesperson 021 345 211

Martin Ma Licensee Salesperson 0277 888 365

Stephen Gilbert-Staines Licensee Salesperson 021 0221 5714

What's happening in the market.

Local Statistics September 2024

Mangawhai, Mangawhai Heads, Wellsford, Kaiwaka

TOTAL SALES SEPTEMBER 2024

14 Sales G22.2% G30%

MONTHLY SALES - LAST 12 MONTHS MONTHLY TREND - LAST 12 MONTHS $975,000 E0% G1%

Auction vs Other Sale Methods

Maguires One Team - Last 12 months

AUCTION

OTHER SALE METHODS

(Maguires One Team percentage of homes selling within 90 days)

AUCTION

OTHER SALE METHODS

32 51 days on market days on market

(Maguires One Team average days on market)

Sell with confidence through the auction method

Team's

20/20

Weekly episodes, interviews with property Experts & Wayne's tips for Real Estate Agents. Podcast out now!

Listen, Like and Subscribe, out now on all podcast platforms including video on YouTube.

Maguires

PRESTIGE PROPERTIES

53 Waimarie Street, St Heliers

VENDOR HAS BOUGHT - 3 WEEKS TO SELL!

This beautifully designed family residence is a work of art, utilising quality fixtures & fittings throughout, whilst offering the comfort and flexibility you would expect to find in a quality contemporary home. Creating the ultimate family sanctuary of space, design and position, it features three separate living areas.

The clever design and layout is spread over three levels to ensure everyone has their own sense of space, whilst providing an alluring lifestyle and entertaining options for families of all ages. Showcasing grand proportions, superior quality craftsmanship and thoughtful details such as underfloor heating in the bathrooms, a wine cellar for enthusiasts and a gas fireplace for those cooler evenings.

Filled with an abundance of sun and natural light, this home will no doubt appeal to astute and discerning purchasers who appreciate quality, style, and space. Flawlessly appointed interiors with solid timber flooring throughout and high ceilings complete this masterpiece.

Please contact salespeople for viewing details 5 3 2

The well-designed gourmet bespoke kitchen is both innovative and highly effective, with quality appliances complemented by plenty of storage and bench space.

The sumptuous open-plan living and dining area is an ideal space for both relaxation and entertaining, while the seamless transition through floor-to-ceiling sliding doors flows with ease to the sunny, private decks and easy-care tropical garden.

This superb residence comprises 5 generous bedrooms, all fitted with custom wardrobes, 3 bathrooms, powder room, a separate laundry, internal access garaging plus significant storage options.

An extraordinary yet low-maintenance residence you will be proud to call home, promising lifestyle excellence in this tightly held location, walking distance to local amenities, beach, and parks.

For Sale:

Please contact salespeople for price guide

Viewing:

281a St Heliers Bay Road, St Heliers

CONTEMPORARY FAMILY

ENTERTAINING - MOTIVATED OWNER

This impeccably well maintained family residence showcases a classic modern design, providing an alluring lifestyle and entertaining options for families of all ages.

Spread over two levels to ensure everyone has their own sense of space, featuring grand proportions with refined sophistication and superior quality craftsmanship throughout. Beautifully appointed interiors with timber flooring and lovely high ceilings complete this well constructed family home.

Offering an unbeatable lifestyle with peace, privacy & tranquillity. The property will no doubt appeal to those astute and discerning purchasers who appreciate quality, style and space. Impressive in scale & superbly appointed to capture the abundance of sun & natural light. This home enjoys an incredible indoor/outdoor flow from both the living & dining spaces. The generous deck is accompanied by flat lawn, manicured gardens & heated pool.

Please contact salespeople for viewing details 4 3 2

The well designed kitchen is innovative & highly effective with quality appliances, plenty of storage & bench space. Accommodation offers 4 bedrooms (one downstairs), all with built-in wardrobes. The master suite is spacious, combined with a dressing room & ensuite.

Complete with a generous balcony, showcasing Sky Tower views and beyond, perfect for relaxing with a cup of tea.

Further highlights include: 809 sqm freehold title, 3 modern bathrooms, spacious 2 car internal garage, separate laundry, ducted central heating, workshop/ pool house, a well designed home office/hobby room, significant storage options, plus off street parking for guests.

For Sale:

Please contact salespeople for price guide

Viewing:

33A Yattendon Road, St Heliers

MODERN MASTERPIECE

This exquisite beautifully designed family residence is a work of art, utilising premium fixtures & fittings throughout, whilst offering the comfort and flexibility you would expect to find in a quality contemporary home. Creating the ultimate family sanctuary of space, design and position.

Filled with an abundance of sun and natural light, this home will no doubt appeal to those astute and discerning purchasers who appreciate quality, style and location. Flawlessly appointed interiors with solid timber flooring throughout and high ceilings complete this masterpiece.

The well designed gourmet bespoke kitchen is both innovative and highly effective, with quality appliances and complemented with plenty of storage, bench space and a scullery.

Please contact salespeople for viewing details 4 2 2

The sumptuous open plan living and dining area is an ideal space for both relaxation and entertaining, while the seamless transition through floor to ceiling sliding doors flow with ease to the sunny, private courtyard and easy care garden.

This superb residence comprises of 4 generous bedrooms all fitted with custom wardrobes, generous study nook, 2 bathrooms, 2 powder rooms, separate laundry, internal access garaging, plus significant storage options.

An extraordinary yet low maintenance residence you will be proud to call home, promising lifestyle excellence in this tightly-held location, walking distance to local amenities, beach and parks.

For Sale:

Please contact salespeople for price guide

Viewing:

176 St Heliers Bay Road, St Heliers

MODERN MASTERPIECE

The well designed gourmet bespoke kitchen is both innovative and highly effective, with quality appliances and complemented with plenty of storage, bench space and a scullery.

Please contact salespeople for viewing details 4 3 2

An extraordinary yet low maintenance residence you will be proud to call home, promising lifestyle excellence in this tightly-held location, walking distance to local amenities, beach and parks.

For Sale:

Please contact salespeople for price guide

Viewing:

4 3 2

66 Melanesia Road, Kohimarama

CONTEMPORARY KING-SIZE COASTAL LIFESTYLE

This secluded lifestyle retreat guarantees superb privacy and tranquility with elevated Madills Farm Reserve and sea views. Just minutes walk to St Heliers and Kohimarama beaches this substantial and masterfully renovated resort style property has a heated in-ground pool and seamless flow to significant alfresco zones featuring an outdoor fireplace and stone firepit ideal for open air entertaining.

Harnessing timber flooring, crisp white tones, and black detailing, core living areas bask in natural light and invite gentle air circulation for a tranquil, coastal mood. Impressive high stud spaces amplify open-plan dining and living zones divided by a double-sided gas fireplace centerpiece incorporating display storage and media. The unique designer kitchen with fully equipped scullery features a colossal stone topped island, on-tap soda, dazzling brick tile back splash and a top-of-the-line AGA cooker. Additional living spaces include a separate family room while a ground floor guest bedroom or media room is accessed off the spacious double height entry foyer.

Three bathrooms serve all four bedrooms - two as ensuites - within a versatile 343 sqm (approx.) layout. The secluded penthouse master quarters comprise a huge dressing room, luxury bathroom, and a dress circle outlook while an adjacent study is an optional additional bedroom.

Fitted with a cutting-edge home automation system and four strategic heat pumps, the highly- specced home leaves no stone unturned for quality detailing.

Internal access double garaging has a drying room, bespoke laundry with integrated guest powder room and ample storage with four vehicle parking inside a huge 1113 sqm (approx.) fenced grounds. In zone for Kohimarama School and Glendowie College, this meticulously renovated property promises to be the perfect future-proofed retreat for families.

Call JULIAN BLANCH at 021 624 405, ANYA KHOMINICH at 027 654 3006, or WAYNE MAGUIRE at 0274 22 33 77.

Asking Price $4,395,000

Viewing:

Please contact salespeople for viewing details

5 5 2 6

70 Taumata Road, Omaha

MAKE YOUR MOVE! VENDORS COMMITTED TO DOWNSIZING

Nestled in the coveted Southern cove end of Omaha, your total privacy is assured with this seamless & tasteful sprawling home created in the style of a South Asian retreat. Constructed with a focus on high quality, this home features robust yet sublime Sandstone & 20mm cavity Cedar construction; a combination that ensures a natural aesthetic appeal & longevity. Our vendors spared nothing when creating this retreat for their family in 2009, then added the pool & spa in 2013. Lush fully landscaped perimeter gardens with a private access gate to the beach walkway completes the 2197m2 landholding.

Opulently spacious, on offer is 498m2 of luxury living. The hub of the home is the open plan Kitchen (& Butlers kitchen), dining and living - surrounded by the beautiful stone cladding both inside & out; the Cedar & Tonka wood supports dreamily interface with Iron Bark wood flooring throughout. Free flow indoor/outdoor either side of the lounge, fully retractable sliders, electric airflow windows. Enjoy the large 100m2 courtyard as an extension to your living, with a gas fireplace keeping the ambience alive.

3x strategically placed ensuited bedroom wings lend themselves to seclusion & peace. With walk-in wardrobes, fully tiled bathrooms & Hansgrohe hardware. A super large games room, separate laundry, double internal garage & sports storage garage complete the lower level.

An architectural sweeping concrete & ironbark timber staircase leads to the Master level complete with walkin wardrobe, double vanity ensuite, separate powder room, nursery/bedroom & large study (or another lounge). Several balconies on this level extend the elegance with views to the surrounding rolling hills.

This is a rare opportunity to secure the largest piece of premium real estate in magnificent Omaha (1hour from Auckland with the new Ara Tuhono Road). A genuine sense of community pervades Taumata Road & you deserve to be a part of it. Don't miss this rare opportunity of an era!

By Negotiation

Viewing:

Please contact salespeople for viewing details

46B Lucerne Road, Remuera

YOUR APARTMENT ALTERNATIVE

This brand new Simon Pirie designed three-level suburban residence in Remuera provides a bold statement and sits well within its charming residential surrounds comprising of single and two-level character homes.

The modern, urban design provides an efficient use of space complete with a European lift; making it suitable for families and accessible for all generations.

For those seeking quality and a little luxury with a lowmaintenance, free-standing home, on freehold title - this property provides a hassle-free alternative to traditional homes or apartments with body corporate considerations.

Located on Remuera's northern slopes, it is conveniently close to Benson Road shops, Knead Cafe, Morrell, and the Orakei Basin Reserve, which provides a wonderful walk through nature only minutes away.

Ideal for downsizers and executive families, 46B Lucerne Road is a bespoke home built with a blend of modern and traditional techniques, providing quality, style, and a refined urban solution.

Book your Private Viewing or join us at our advertised open homes.

Set Date of Sale:

Closing Thursday 5th December (unless sold prior)

Viewing:

Please contact salespeople for viewing details

3C The Rise, St Heliers

ELEVATED, EXPANSIVE & EXECUTIVE

Located on one of Auckland's most exclusive and sought-after streets, this exquisite residence boasts breathtaking sea views and impeccable craftsmanship. Designed by Cullen Paterson Architectural Partnership and constructed by Manson Developments, this solid masonry home boasts security and solidarity.

Accessed via a secure gated driveway, the residence spans three levels and features a Schindler lift for seamless mobility. The top level offers panoramic views extending from the bays to the city, overlooking Glover Park towards Beachlands and beyond.

Crafted to perfection, the interior resembles pages from a design magazine, showcasing Bosch appliances, American Oak floors, and designer bathrooms. Comfort is assured year-round with heat pumps, underfloor heating, laminated hush glass, and a gas fireplace complementing the abundant natural light.

Please contact salespeople for viewing details 4 3 2

For discerning buyers seeking a residence of unparalleled quality and privacy, this property represents a rare opportunity in a prime location.

Don't miss out on this rare opportunity.

Asking Price $3,575,000

Viewing:

With four bedrooms and three bathrooms, the residence offers versatile living spaces, enhanced by four sundrenched terraces that invite both relaxation and entertainment. Whether enjoying serene moments on the secluded terrace or hosting gatherings by the 12-meter swimming pool and flat lawn area, every detail caters to sophisticated living.

5 2 2

298B Riddell Road, Glendowie

SUBSTANTIAL STYLE FOR BAYS LIVING

Giving new meaning to high-calibre family living this brand new, three-level architectural statement embodies a truly exceptional place to call home. A towering accomplishment on one of Glendowie's most prestigious blue-chip streets.

Nestled in private parklike surrounds with harbour views from nearly every aspect, this residence offers multiple living areas across three levels with a premium Powerglide elevator to simplify movement throughout.

Once inside the European oak engineered flooring and sheer expansiveness with floor to ceiling glass stacker doors will impress. From here step out to the terraced oasis with the heated pool and spa with sheer descent water feature and inbuilt lights - it leaves no doubt that family and entertainment are at the highest order here - if you're thinking summer soirees then do- this home was built for it.

You'll entertain from the bespoke kitchen with premium integrated appliances, serve from the bar with stunning Armand black copper woven panelling or simply pull up a stool for a casual weekday meal.

Discreetly aside you'll find a powder room and office/ bedroom, before ascending the solid oak staircase to the second floor where all three double-sized bedrooms present with either park or harbour views. On this level you'll also love the media/ entertainment room - a perfect spot if the children are wanting some space away to hang with friends.

Occupying the entire top floor is the opulent adultsonly area. Featuring the jaw-dropping primary master, delicately separated from the bustle of the household offering un-obstructed vistas through glass feature walls. Imagine waking to glittering ocean harbour views out to Musick Point and beyond. A luxurious oversized dressing room and ensuite with Hansgrohe fittings and rainshower provide the resort style ambience you'll ache to return to each day. Title and CCC now issued.

Built by Northern Lifestyles with JSC Premium Architectural and Building Solutions.

Price On Application

View:

Please contact salespeople for viewing details

5 2 2

298A Riddell Road, Glendowie

RESORT STYLE LIVING

A sensational success from the onset - this brandnew beautifully designed vision is complete, bold and contemporary, comforting and inviting, a celebration of luxury family living with high-spec features throughout and privately set off the road on one of Glendowie's most sought-after streets.

Instantly appealing from the moment you set eyes on the schist feature frontage - this family home was designed with you in mind. Where dramatic architecturally planned living unfolds across two levels allowing you room to clear the mind from the hustle of life. European oak engineered flooring leads you into the open and airy living and dining where floor to ceiling glass stacker doors provide a warm, floodlit haven. Slide the doors open to the private terraced oasis with gas fire table. This is where you'll start your day with coffee, or end with sundowners where a crowd will easily be accommodated sheltered beautifully against the lush green easy-care landscaped gardens.

The family will love time in this oversized kitchen with premium integrated appliances, Bosch double oven and the stunning bespoke glass splashback. Pull up a bar stool for more intimate, casual dining and it's the perfect spot for an end of day wine and debrief. Discreetly aside you'll find a powder room and office/bedroom, before ascending the solid oak staircase to where all bedrooms present with either park or harbour views.

On this level you'll also love the media/ entertainment room - perfect for a separate hang out space for the young ones. The family bathroom will delight with sensor lights and soaking tub. With a massive internal garage there's plenty of room for the boat and toys, and the Churchill park.

The primary suite promises absolute rejuvenation with spectacular sweeping views out to Musick Point and beyond, a walk-through wardrobe and oversized resort style ensuite with Hansgrohe fittings and rainshower. Title and CCC now issued.

Built by Northern Lifestyles with JSC Premium Architectural and Building Solutions.

Developer Wants it Sold - Present Your Offer

View:

Please contact salespeople for viewing details

5 4 2

19B Paora Street, Orakei

AS NEW ORAKEI LUXURY

This executive architecturally designed residence is a true celebration of distinctive design magnified with high-end striking luxury features transcending all three levels. Presiding in the enviable Blue Chip postcode of Orakei. This prestigious neighbourhood is minutes to the city and daily ocean swims. An exceptional opportunity for the discerning buyer.

Presenting as new this opulent home truly succeeds in Wow factor. Commanding your attention from the moment you set foot inside. Solid oak flooring, soaring high stud, dramatic feature walls, colour wave fire and breathtaking chandelier takes centre stage. Step out to the tranquil patio with all day sun and alluring water feature or pick a sunny side deck for your morning coffee.

The epicentre of the home the entertainer's kitchen is equally dramatic. Stunning German cabinetry, top of the line Miele appliances, three ovens, gas & induction stoves, and integrated fridge freezers to inspire any chef to grand affairs or cosy family dining. The separate butler's scullery serves as an entree before the main event. Venture through to the dining room with equally opulent lighting. Beyond to a guest bedroom, separate bathroom, a master with dressing room, sumptuous ensuite with rain shower, porcelain basins and under floor heating. All flowing to a sundeck.

The mezzanine floor upstairs is your private retreat to relax, plus a second master bedroom with ensuite and spa. Wake to the morning sun rising over Bastion Point, singing Tuis and tranquillity. A truly versatile living experience extends to the ground level, two more large bedrooms, fourth full bathroom, kitchen wet bar and a further living area flowing to decking. A separate laundry, shelved storage room, and spacious garaging with electric car provision. Everything is done with ducted heating and cooling, intercom with camera, CCTV security, and easy-care landscaping. Even the garden shed matches!

With exceptional schooling on the doorstep all your family needs are taken care of.

Price On Application

View:

Please contact salespeople for viewing details

45 & 45A Paunui Street, St Heliers

OFFERED WELL BELOW THE COMBINED CV OF $10,100,000

• House 1 - 464 sqm of luxury residence with expansive interior & exterior living, 5 bedrooms, 4 bathrooms, 3 living rooms, 1 games room, wine cellar, heated inground pool, basketball practice court, double garage with off street parking for 3 cars. The extensive outdoor entertaining space is covered in louvretec for all weather protection.

• House 2 - 191 sqm, 3 bedroom 2 bathroom cedar guest house with double garaging, off street parking for 2 cars, and private courtyard garden. Rent it out, extended family or guest accommodation, the choice is yours.

• Combined, these properties offer a lifestyle that can be tailored to your specific needs. Covering 2625 sqm, and surrounded by lush tropical gardens, it is located on one of St Heliers most sought after streets within easy walking distance to the Village, cafes, bars and beach.

Enquiries Over $7,000,000

View:

Please contact salespeople for viewing details

41 Cliff Road

CLIFFTOP EXCELLENCE - A COMMANDING POSITION

The exceptional positioning of this distinct freehold property is truly outstanding, and the unobstructed views are timeless. Sitting prominently on 650sqm land in prime clifftop location, your investment is poised to last for generations. Consider this your ultimate suburban sanctuary, seamlessly blending urban convenience with coastal tranquillity.

The contemporary masonry residence, circa 3700sqft, perched in an uncompromized position, sets the benchmark for modern luxurious living. It offers private and secure living spaces across two and a half levels, with a clifftop location and beautifully landscaped grounds. Enjoy a sun-drenched poolside terrace with breath-taking views from sunrise to sunset.

Under current planning regulations, savvy buyers will appreciate the work undertaken to date and the potential. This property represents one of the most unique waterfront opportunities on sought-after Cliff Road, St Heliers. Properties in this coveted location are seldom available.

Viewing is by appointment

Please contact salespeople for viewing details

By Negotiation

41 Cliff Road: CV $7,500,000 (2021)

5 3 2 4 4 1

1 Ventnor Road, Remuera

CLASSIC REMUERA FAMILY HOME

Located in blue chip Ventnor Road this iconic 1930's Horace Massey residence has been much admired over the years.

With pretty street appeal, this deceptive site rolls down to a large English garden and pool complex, the elegance continuing throughout the home. Whitewashed floors give added light and stunning interior design makes the many features stand out. White shutters and lattice windows showcase the home with room for everyone in this 5 bedroom residence which has great separation for a large family.

The open-plan kitchen and casual family living overlook the courtyard from a generous deck - perfect for warmer evenings. The formal dining has hosted many great dinner parties and over the Winter months, you will be drawn to the open fireplace. The lower level of the home has a movie room, wine cellar, two bedrooms, bathroom, and a garage that flows to the pool area.

Moments to the Benson Road shopping and cafe precinct, Little Rangitoto reserve for Friday night Fish and Chips, and the Orakei Basin to walk the hound - a wonderful family home in the heart of Remuera. Our motivated vendors are ready to pass this amazing home to the next family.

Horace Massey (1895-1978) was one of the most prolific architects in NZ who designed many houses in Remuera. Designing many stately residences, as well as commercial and public buildings through the 30s and 40s which still define our cities and towns today, collecting 4 Gold Medals from the NZ Institute of Architects along the way.

CV: $4,200,000 (21)

Freehold

Rates: $8,897.86 p.a. (23/24)

Floor Area: 390sqm (approx.)

Land Area: 632sqm (mol)

School Zones: Meadowbank School, Remuera Intermediate, Baradene College, Epsom Girls' Grammar School, Selwyn College

Please Call RICKY CAVE 027 222 5419 for more information.

Please Phone For Pricing Guide

Viewing:

Please phone for viewing times

3 3 2

3/6 Keys Terrace, St Heliers

LOOKING FOR AN APARTMENT WITH BREATHTAKING HARBOUR VIEWS - THEN LOOK NO FURTHER!

A short stroll to the St Heliers Village and the Waterfront with all it's Cafes, restaurants, retails shops and a newly opened Library, the location is nothing short of superb, sought after and all you could ask for.

North facing and sundrenched, this apartment is one of four and has been newly redecorated to a high specification. the harbour views are simply panoramic and breath taking.

Oddles of space, and all tastefully, elegantly presented, the living and dining areas are complimented by 3 double bedrooms each with its own ensuite. To top it off there is an additional study and a media room. Every care has been taken to cater for a variety of modern lifestyles.

With 100m2 of deck opening from the living, an ideal extension for your outdoor entertaining or simply enjoying family living.

The double garaging has one additional park.

This apartment has many extras, my invitation to you is make an appointment to view, you will be pleased you did!

$4,350,000

Viewing:

Please contact salespeople for viewing details

TITIRO KI TUA LOOKING BEYOND

TIRI RAUMATI-GREENHALGH

MANAGING DIRECTOR

Tiri Raumati-Greenhalgh, Award winning leader and director of Charlton Property Management, is a visionary leader known for her passion and dedication to the property industry

With her extensive experience and dynamic leadership, Tiri has not only guided the company to new heights but has also earned recognition across the industry

Her leadership has propelled Charlton to new heights, driven by her commitment to client service and team growth.

AWARDS AND ACCOLADES

2024 REINZ Awards for Excellence Manager of the Year Winner- Tiri-Raumati Greenhalgh

2024 Property Council Auckland Peoples Property Awards Pragmatix Women in Property Award Nominee - Tiri RaumatiGreenhalgh

2024 Property Council Auckland Peoples Property Awards Rider Levett Bucknall

Outstanding Leadership Award NomineeTiri Raumati-Greenhalgh

PROPERTY MANAGEMENT

With 80+ years of experience, we provide top-tier service with a family-like, supportive, and diverse team culture

We collaborate with financial planners, mortgage brokers, and sales agents to help landlords expand their portfolios, aligning with Te Tiriti O Waitangi's principles PARTNERSHIPS

Our skilled team, well-versed in NZ legislation and property trends, has managed portfolios over $900 million and handled all worst-case scenarios in property investment EXPERIENCE