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. March 2020 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 2,375 properties listed for of $589,000. sale, over the past 12 months, which is lower than the same time last year. This has impacted sales with 2,307 taking place over the The most traded suburb for homes in our area has been Papakura past 12 months. Looking at the market, the best performing suburb, with 612 homes sold over the past 12 months. Dwelling prices in over the past 12 months, has been Conifer Grove which has seen its Papakura have remained relatively stable with growth of 0.5% and median sales price grow by 2.7%. The median sales price of a home now have a median price of $619,000. in Conifer Grove is now $785,000. Takanini saw its median sales price The time it takes to sell a home in our region ranges from 22 days in grow by 1.8% with the median price now sitting at $747,000 and Randwick Park to 31 days in Pahurehure. Manurewa East grew 1.6% across 53 individual sales with a median Suburb performance Strongest growth 2.7% Conifer Grove 12 months SOLD SOLD Conifer Grove 69 $785,000 2.7% 25 Most traded 612 Takanini 293 $747,000 1.8% 22 Papakura properties Manurewa East 53 $589,000 1.6% 27 Fastest sellers 22 Manurewa 533 $644,000 0.8% 23 Randwick Park 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 580 homes were listed for sale over the past year. Homes in Papakura have an average land size of 415 square metres. The suburb is tightly held with residents typically holding their home for 8 years. The median value of dwellings in Papakura is $630,100. This is higher than the median sales price which is currently $619,000. Over the past 12 months, buyer interest has lifted with 612 homes sold this year compared to 522 sales last year. Homes are typically selling within 26 days. Sales prices have stabilised by 0.5% 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 in Average Days Total Value Median Indicative Gross Properties Sold Sale Price Median Price on Market of Sales Asking Rent Rental Yield 612 $619,000 0.5% 26 $384.96m $500 4.1% 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 18 Zoe Court, Manurewa 30 Foxlaw Street, Randwick Park 5 3 3 612m2 3 2 2 484m2 Sale Price$1,152,500 Property Type Home & incom Sale Price$735,000 Property Type Dwelling Sale Date28/02/20 Days on Market 16 Sale Date27/02/20 Days on Market 1 19 Yatterina Avenue, Takanini 50 Watts Road, Manurewa 4 2 2 400m2 5 3 2 683m2 Sale Price$806,000 Property Type Dwelling Sale Price$730,000 Property Type Dwelling Sale Date27/02/20 Days on Market 31 Sale Date26/02/20 Days on Market 75 2/51 Eddowes Street, Manurewa 1/7 Cambridge Road, Manurewa 3 1 1 0m2 4 1 1 0m2 Sale Price$535,000 Property Type UNIT Sale Price$610,000 Property Type UNIT Sale Date26/02/20 Days on Market 84 Sale Date21/02/20 Days on Market 15 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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