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. February 2021 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 2,329 properties listed for sales with a median of $601,500. sale, over the past 12 months, which is lower than the same time last year. This has impacted sales with 2,989 taking place over the The most traded suburb for homes in our area has been Manurewa past 12 months. Looking at the market, the best performing suburb, with 748 homes sold over the past 12 months. Dwelling prices in over the past 12 months, has been Manurewa East which has seen Manurewa have performed well with growth of 5.8% and now have a its median sales price grow by 18.3%. The median sales price of median price of $678,000. a home in Manurewa East is now $667,000. Pahurehure saw its The time it takes to sell a home in our region ranges from 16 days in median sales price grow by 6.5% with the median price now sitting Manurewa East to 23 days in Pahurehure. at $773,000 and Randwick Park grew 6.5% across 105 individual Suburb performance Strongest growth 18.3% Manurewa East 12 months SOLD SOLD Manurewa East 49 $667,000 18.3% 16 Most traded 748 Pahurehure 77 $773,000 6.5% 23 Manurewa properties Randwick Park 105 $601,500 6.5% 19 Fastest sellers 16 Randwick Park 105 $601,500 6.5% 19 Manurewa East 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 Manurewa One of the most popular suburbs in our region is Manurewa where 567 homes were listed for sale over the past year. Homes in Manurewa have an average land size of 555 square metres. The suburb is tightly held with residents typically holding their home for 8 years. The median value of dwellings in Manurewa is $749,250. This is higher than the median sales price which is currently $678,000. Over the past 12 months, buyer interest has lifted with 748 homes sold this year compared to 614 sales last year. Homes are typically selling within 22 days. Sales prices have grown by 5.8% over the past 12 months. All of this means it is now a great time to sell in Manurewa. Recent Sales (12 months) Snapshot on Manurewa 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 748 $678,000 5.8% 22 $520.72m $550 3.8% Sales and Listings – Manurewa Prices and change – Manurewa 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 2/31 Bowater Place, Manurewa 33 Dagenham Street, Manurewa 3 1 1 0m2 3 1 2 607m2 Sale Price$585,000 Property Type UNIT Sale Price$830,000 Property Type Dwelling Sale Date18/01/21 Days on Market 45 Sale Date24/12/20 Days on Market 8 28 Ronald Place, Manurewa 2/22 Cosgrave Road, Papakura 5 2 2 675m2 3 1 1 0m2 Sale Price$720,000 Property Type More than on Sale Price$610,000 Property Type UNIT Sale Date23/12/20 Days on Market 141 Sale Date23/12/20 Days on Market 7 33B Kindergarten Drive, Conifer Grove 174B Clevedon Road, Papakura 3 1 1 0m2 3 1 1 1050m2 Sale Price$585,000 Property Type Ownership ho Sale Price$1,195,000 Property Type Dwelling Sale Date22/12/20 Days on Market 5 Sale Date22/12/20 Days on Market NA Takanini LJ Hooker Takanini Realty Executives Ltd Licensed REAA 2008 ph. 09 320 5131 f. 09 320 5135 [email protected] takanini.ljhooker.co.nz/ Data for this report is provided by CoreLogic RP Data. 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