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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. 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. 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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