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Papatoetoe and Wiri Manukau 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. 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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