Your local property report This report covers your local suburbs of Clover Park, Goodwood Heights, Manukau, Otara, Papatoetoe and Wiri.
June 2019
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 1,044 properties listed 23 individual sales with a median of $634,500. for sale, over the past 12 months, which is higher than the same time last year. This has impacted sales with 766 taking place over The most traded suburb for homes in our area has been the past 12 months. Looking at the market, the best performing Papatoetoe with 512 homes sold over the past 12 months. suburb, over the past 12 months, has been Manukau which Dwelling prices in Papatoetoe have remained relatively stable with has seen its median sales price grow by 2.8%. The median falls of -0.1% and now have a median price of $671,000. sales price of a home in Manukau is now $519,000. Goodwood The time it takes to sell a home in our region ranges from 12 days Heights saw its median sales price grow by 2.6% with the in Wiri to 42 days in Otara. median price now sitting at $799,000 and Wiri grew 0.7% across
Suburb performance Strongest growth 2.8% Manukau 12 months SOLD
SOLD Manukau 35 $519,000 2.8% 31 Most traded 512 Goodwood Heights 47 $799,000 2.6% 32 Papatoetoe properties Wiri 23 $634,500 0.7% 12 Fastest sellers 12 Clover Park 58 $644,000 0.5% 28 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 725 homes were listed for sale over the past year.
Homes in Papatoetoe have an average land size of 464 square metres.
The suburb is tightly held with residents typically holding their home for 10 years.
The median value of dwellings in Papatoetoe is $706,000. This is higher than the median sales price which is currently $671,000.
Over the past 12 months, buyer interest has lifted with 512 homes sold this year compared to 474 sales last year.
Homes are typically selling within 34 days.
Sales prices have eased by -0.1% 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 Average Days Total Value Median Indicative Gross Properties Sold Sale Price in Median Price on Market of Sales Asking Rent Rental Yield 512 $671,000 - 0.1% 34 $357.55m $480 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
185 Dawson Road, Clover Park 95B Wallace Road, Papatoetoe
3 1 1 600m2 3 1 1 298m2
Sale Price $745,000 Property Type Dwelling Sale Price $740,000 Property Type Dwelling Sale Date01/05/19 Days on Market 41 Sale Date01/05/19 Days on Market 117
19 Konini Avenue, Papatoetoe 1/3 Sentosa Place, Clover Park
3 1 1 1012m2 2 1 1 0m2
Sale Price $1,020,000 Property Type Dwelling Sale Price $452,000 Property Type UNIT Sale Date30/04/19 Days on Market 22 Sale Date28/04/19 Days on Market 61
13A Dryden Avenue, Papatoetoe 281 Puhinui Road, Papatoetoe
5 3 2 483m2 3 1 1 825m2
Sale Price $1,030,000 Property Type Dwelling Sale Price $750,000 Property Type Dwelling Sale Date27/04/19 Days on Market 88 Sale Date27/04/19 Days on Market 23
Manukau LJ Hooker Manukau Real Estate Brokers Ltd Licensed REAA 2008 ph. 09 262 1909 [email protected] ljh.co.nz Come inside or visit ljhooker.co.nz to find out more.
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