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Your Local Property Report Takanini Your local property report This report covers your local suburbs of Alfriston, Alfriston, Ardmore, Conifer Grove, Manurewa, Manurewa, Manurewa East, Pahurehure, Papakura, Randwick Park, Randwick Park and Takanini. March 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 2,332 properties listed for sales with a median of $601,500. sale, over the past 12 months, which is lower than the same time last year. This has impacted sales with 3,043 taking place over the The most traded suburb for homes in our area has been Manurewa past 12 months. Looking at the market, the best performing suburb, with 758 homes sold over the past 12 months. Dwelling prices in over the past 12 months, has been Manurewa East which has seen Manurewa have performed well with growth of 5.9% and now have a its median sales price grow by 17.7%. The median sales price of a median price of $679,000. home in Manurewa East is now $664,000. Randwick Park saw its The time it takes to sell a home in our region ranges from 16 days in median sales price grow by 6.5% with the median price now sitting Manurewa East to 23 days in Manurewa. at $601,500 and Randwick Park grew 6.5% across 108 individual Suburb performance Strongest growth 17.7% Manurewa East 12 months SOLD SOLD Manurewa East 50 $664,000 17.7% 16 Most traded 758 Randwick Park 108 $601,500 6.5% 17 Manurewa properties Randwick Park 108 $601,500 6.5% 17 Fastest sellers 16 Manurewa 758 $679,000 5.9% 23 Manurewa East 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 Manurewa One of the most popular suburbs in our region is Manurewa where 569 homes were listed for sale over the past year. Homes in Manurewa have an average land size of 556 square metres. The suburb is tightly held with residents typically holding their home for 8 years. The median value of dwellings in Manurewa is $760,350. This is higher than the median sales price which is currently $679,000. Over the past 12 months, buyer interest has lifted with 758 homes sold this year compared to 613 sales last year. Homes are typically selling within 23 days. Sales prices have grown by 5.9% over the past 12 months. All of this means it is now a great time to sell in Manurewa. Recent Sales (12 months) Snapshot on Manurewa 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 758 $679,000 5.9% 23 $528.73m $550 3.8% Sales and Listings – Manurewa Prices and change – Manurewa 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 41 Lawrence Crescent, Manurewa 85 Riverton Drive, Randwick Park 3 1 2 749m2 3 1 1 463m2 Sale Price$920,000 Property Type Dwelling Sale Price$880,000 Property Type Dwelling Sale Date11/02/21 Days on Market 21 Sale Date09/02/21 Days on Market 20 24 President Avenue, Papakura 1/60 Beach Road, Pahurehure 3 1 2 788m2 3 1 1 0m2 Sale Price$855,000 Property Type Dwelling Sale Price$659,000 Property Type UNIT Sale Date05/02/21 Days on Market 12 Sale Date31/01/21 Days on Market 38 18 President Avenue, Papakura 81 Beeston Crescent, Manurewa 3 1 1 1153m2 5 2 1 951m2 Sale Price$910,000 Property Type Dwelling Sale Price$833,000 Property Type Dwelling Sale Date29/01/21 Days on Market 1 Sale Date28/01/21 Days on Market 43 Takanini LJ Hooker Takanini Realty Executives Ltd Licensed REAA 2008 ph. 09 320 5131 f. 09 320 5135 [email protected] takanini.ljhooker.co.nz/ Data for this report is provided by CoreLogic RP Data. In compiling this publication, CoreLogic has relied upon information supplied by a number of external sources. CoreLogic does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in this publication through any cause whatsoever and limits any liability it may have to the amount paid to CoreLogic for the supply of such information. This data is provided as general information only and is not intended as financial advice. For our complete terms and conditions of use, go to www.corelogic.co.nz.
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