Your local property report This report covers your local suburbs of Alfriston, Alfriston, Ardmore, , Manurewa, Manurewa, , Pahurehure, , Randwick Park, Randwick Park and Takanini.

June 2021

Brought to you by the team at LJ Hooker Takanini pq ph. 09 320 5131 f. 09 320 5135 ef [email protected] wx takanini.ljhooker.co.nz/ Your local property report

What’s happening in our local property market

Recent Sales (12 months)

At LJ Hooker Takanini our goal is to provide you with the information you need to make confident decisions about property - whether you are buying, selling, investing or renting. We have created this report which details local market conditions and how property is performing in your area which at times can be very different to the combined performance of the capital cities. Let us help you stay on top of changes in your local property market every month.

Across our local market, we have seen 2,730 properties listed for sales with a median of $637,000. sale, over the past 12 months, which is higher than the same time last year. This has impacted sales with 3,113 taking place over the The most traded suburb for homes in our area has been Papakura past 12 months. Looking at the market, the best performing suburb, with 818 homes sold over the past 12 months. Dwelling prices in over the past 12 months, has been Manurewa East which has seen Papakura have performed well with growth of 8.4% and now have a its median sales price grow by 27.7%. The median sales price of median price of $684,888. a home in Manurewa East is now $752,000. Pahurehure saw its The time it takes to sell a home in our region ranges from 18 days in median sales price grow by 17.5% with the median price now sitting Takanini to 21 days in Manurewa. at $853,000 and Randwick Park grew 10.0% across 118 individual

Suburb performance Strongest growth 27.7% Manurewa East 12 months SOLD

SOLD Manurewa East 49 $752,000 27.7% 20 Most traded 818 Pahurehure 86 $853,000 17.5% 20 Papakura properties Randwick Park 118 $637,000 10.0% 19 Fastest sellers 18 Randwick Park 118 $637,000 10.0% 19 Takanini days SOLD Number sold (12 months) Median Price Median Growth 12 months Median Days on Market

Takanini Your local property report

This month it’s all about Papakura

One of the most popular suburbs in our region is Papakura where 728 homes were listed for sale over the past year.

Homes in Papakura have an average land size of 456 square metres.

The suburb is tightly held with residents typically holding their home for 7 years.

The median value of dwellings in Papakura is $789,700. This is higher than the median sales price which is currently $684,888.

Homes are typically selling within 21 days.

Sales prices have grown by 8.4% over the past 12 months. All of this means it is now a good time to consider your next property decision in Papakura.

Recent Sales (12 months) Snapshot on Papakura

SOLD

Number of Median Average Change in Average Days Total Value Median Indicative Gross Properties Sold Sale Price Median Price on Market of Sales Asking Rent Rental Yield 818 $684,888 8.4% 21 $587.17m NA NA

Sales and Listings – Papakura Prices and change – Papakura

Number of properties listed for sale Median change in sales price (%) Number of properties sold Median sales price over 5 years

Takanini Your local property report

Recent Area Sales

290B Great South Road, Papakura 20 Rountree Place, Conifer Grove

3 1 1 0m2 4 1 1 613m2

Sale Price$750,000 Property Type Dwelling Sale Price$813,500 Property Type Dwelling Sale Date29/04/21 Days on Market 53 Sale Date28/04/21 Days on Market 28

2 President Avenue, Papakura 12 Rosemead Place, Randwick Park

2 1 1 708m2 3 1 0 633m2

Sale Price$900,000 Property Type Dwelling Sale Price$785,000 Property Type Dwelling Sale Date28/04/21 Days on Market 14 Sale Date28/04/21 Days on Market 35

43 Marr Road, Manurewa 71 Christmas Road, Manurewa

3 1 2 1012m2 3 1 2 675m2

Sale Price$1,643,000 Property Type Dwelling Sale Price$1,062,000 Property Type Dwelling Sale Date27/04/21 Days on Market NA Sale Date27/04/21 Days on Market 23

Takanini LJ Hooker Takanini Realty Executives Ltd Licensed REAA 2008 ph. 09 320 5131 f. 09 320 5135 [email protected] takanini.ljhooker.co.nz/

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