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

June 2019

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 2,486 properties listed grew 3.6% across 503 individual sales with a median of for sale, over the past 12 months, which is higher than the $637,000. same time last year. This has impacted sales with 1,988 taking place over the past 12 months. Looking at the market, the The most traded suburb for homes in our area has been best performing suburb, over the past 12 months, has been Papakura with 504 homes sold over the past 12 months. Pahurehure which has seen its median sales price grow by Dwelling prices in Papakura have remained relatively stable with 4.4%. The median sales price of a home in Pahurehure is now growth of 1.0% and now have a median price of $614,000. $775,000. Manurewa saw its median sales price grow by 3.6% The time it takes to sell a home in our region ranges from 23 days with the median price now sitting at $637,000 and Manurewa in Takanini to 38 days in Pahurehure.

Suburb performance Strongest growth 4.4% Pahurehure 12 months SOLD

SOLD Pahurehure 60 $775,000 4.4% 38 Most traded 504 Manurewa 503 $637,000 3.6% 24 Papakura properties Manurewa 503 $637,000 3.6% 24 Fastest sellers 23 Conifer Grove 78 $764,000 3.4% 27 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 673 homes were listed for sale over the past year.

Homes in Papakura have an average land size of 392 square metres.

The suburb is tightly held with residents typically holding their home for 8 years.

The median value of dwellings in Papakura is $623,950. This is higher than the median sales price which is currently $614,000.

Over the past 12 months, buyer interest has eased with 504 homes sold this year compared to 511 sales last year.

Homes are typically selling within 31 days.

Sales prices have stabilised by 1.0% over the past 12 months. All of this means it is now a great time to sell in Papakura.

Recent Sales (12 months) Snapshot on Papakura

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 504 $614,000 1.0% 31 $314.82m $500 4.2%

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

66 Arion Road, Takanini 117 Porchester Road, Papakura

4 2 2 420m2 3 1 1 715m2

Sale Price $757,000 Property Type Dwelling Sale Price $565,000 Property Type Dwelling Sale Date31/05/19 Days on Market 7 Sale Date31/05/19 Days on Market 29

28 Kahurangi Place, Manurewa 31 Menen Place, Manurewa

4 2 2 928m2 3 1 2 327m2

Sale Price $1,013,000 Property Type Dwelling Sale Price $770,000 Property Type Dwelling Sale Date31/05/19 Days on Market 24 Sale Date29/05/19 Days on Market 71

34 Horlicks Place, Randwick Park 7 Zenith Place, Conifer Grove

3 1 1 640m2 4 3 2 766m2

Sale Price $650,000 Property Type Dwelling Sale Price $830,000 Property Type Dwelling Sale Date28/05/19 Days on Market 330 Sale Date26/05/19 Days on Market 18

Takanini LJ Hooker Takanini Realty Executives Ltd Licensed REAA 2008 ph. 09 320 5131 f. 09 320 5135 [email protected] takanini.ljhooker.co.nz/ Come inside or visit ljhooker.co.nz to find out more.

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