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Your Local Property Report This Report Covers Your Local Suburbs of Clover Park, Goodwood Heights, Manukau, Otara, Papatoetoe and Wiri

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Your Local Property Report This Report Covers Your Local Suburbs of Clover Park, Goodwood Heights, Manukau, Otara, Papatoetoe and Wiri Manukau Your local property report This report covers your local suburbs of Clover Park, Goodwood Heights, Manukau, Otara, Papatoetoe and Wiri. February 2021 Brought to you by the team at LJ Hooker Manukau pq ph. 09 262 1909 ef [email protected] wx ljh.co.nz Your local property report What’s happening in our local property market Recent Sales (12 months) At LJ Hooker Manukau 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 847 properties listed for sale, $720,000. over the past 12 months, which is lower than the same time last year. This has impacted sales with 922 taking place over the past 12 The most traded suburb for homes in our area has been Papatoetoe months. Looking at the market, the best performing suburb, over the with 623 homes sold over the past 12 months. Dwelling prices in past 12 months, has been Manukau which has seen its median sales Papatoetoe have performed well with growth of 5.9% and now have a price grow by 27.2%. The median sales price of a home in Manukau median price of $720,000. is now $632,000. Goodwood Heights saw its median sales price The time it takes to sell a home in our region ranges from 16 days in grow by 9.4% with the median price now sitting at $874,000 and Wiri to 26 days in Manukau. Papatoetoe grew 5.9% across 623 individual sales with a median of Suburb performance Strongest growth 27.2% Manukau 12 months SOLD SOLD Manukau 60 $632,000 27.2% 26 Most traded 623 Goodwood Heights 38 $874,000 9.4% 25 Papatoetoe properties Papatoetoe 623 $720,000 5.9% 22 Fastest sellers 16 Clover Park 68 $666,000 5.5% 20 Wiri days SOLD Number sold (12 months) Median Price Median Growth 12 months Median Days on Market Manukau Your local property report This month it’s all about Papatoetoe One of the most popular suburbs in our region is Papatoetoe where 578 homes were listed for sale over the past year. Homes in Papatoetoe have an average land size of 515 square metres. The suburb is tightly held with residents typically holding their home for 9 years. The median value of dwellings in Papatoetoe is $789,400. This is higher than the median sales price which is currently $720,000. Over the past 12 months, buyer interest has lifted with 623 homes sold this year compared to 605 sales last year. Homes are typically selling within 22 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 Papatoetoe. Recent Sales (12 months) Snapshot on Papatoetoe 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 623 $720,000 5.9% 22 $469.82m $525 3.5% Sales and Listings – Papatoetoe Prices and change – Papatoetoe Number of properties listed for sale Median change in sales price (%) Number of properties sold Median sales price over 5 years Manukau Your local property report Recent Area Sales 22B Woolfield Road, Papatoetoe 3/10 Rito Place, Manukau 4 3 2 323m2 2 1 1 0m2 Sale Price$1,050,000 Property Type Dwelling Sale Price$765,000 Property Type UNIT Sale Date23/12/20 Days on Market 7 Sale Date23/12/20 Days on Market 28 139 Hillside Road, Papatoetoe 32 Whitley Crescent, Otara 4 1 2 604m2 3 1 0 766m2 Sale Price$860,000 Property Type Dwelling Sale Price$1,001,000 Property Type Dwelling Sale Date23/12/20 Days on Market 6 Sale Date22/12/20 Days on Market 5 8 Vetori Place, Clover Park 3 Mataura Place, Clover Park 4 1 1 664m2 5 3 2 831m2 Sale Price$820,000 Property Type Dwelling Sale Price$1,200,000 Property Type Home & incom Sale Date22/12/20 Days on Market 15 Sale Date21/12/20 Days on Market 34 Manukau LJ Hooker Manukau Real Estate Brokers Ltd Licensed REAA 2008 ph. 09 262 1909 [email protected] ljh.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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