Manurewa Your local property report This report covers your local suburbs of Alfriston, Clendon Park, Conifer Grove, Manurewa, Manurewa East, Randwick Park, Takanini, The Gardens, Totara Heights, Wattle Downs, Weymouth and Wiri. June 2019 Brought to you by the team at LJ Hooker Manurewa pq ph. 09 268 0454 f. 09 268 0452 ef [email protected] wx manurewa.ljhooker.co.nz/ Your local property report What’s happening in our local property market Recent Sales (12 months) At LJ Hooker Manurewa 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 1,609 properties listed 0.8% across 32 individual sales with a median of $980,000. for sale, over the past 12 months, which is higher than the same time last year. This has impacted sales with 1,352 taking The most traded suburb for homes in our area has been place over the past 12 months. Looking at the market, the Manurewa with 480 homes sold over the past 12 months. best performing suburb, over the past 12 months, has been Dwelling prices in Manurewa have performed well with growth of Manurewa which has seen its median sales price grow by 3.3%. 3.3% and now have a median price of $634,000. The median sales price of a home in Manurewa is now $634,000. The time it takes to sell a home in our region ranges from 12 days Takanini saw its median sales price grow by 2.0% with the in Wiri to 48 days in Manurewa East. median price now sitting at $727,000 and The Gardens grew Suburb performance Strongest growth 3.3% Manurewa 12 months SOLD SOLD Manurewa 480 $634,000 3.3% 26 Most traded 480 Takanini 181 $727,000 2.0% 29 Manurewa properties The Gardens 32 $980,000 0.8% 27 Fastest sellers 12 Wiri 23 $634,500 0.7% 12 Wiri SOLD days Number sold (12 months) Median Price Median Growth 12 months Median Days on Market Manurewa Your local property report This month it’s all about Manurewa One of the most popular suburbs in our region is Manurewa where 553 homes were listed for sale over the past year. Homes in Manurewa have an average land size of 581 square metres. The suburb is tightly held with residents typically holding their home for 8 years. The median value of dwellings in Manurewa is $657,300. This is higher than the median sales price which is currently $634,000. Over the past 12 months, buyer interest has lifted with 480 homes sold this year compared to 458 sales last year. Homes are typically selling within 26 days. Sales prices have stabilised by 3.3% 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 Average Days Total Value Median Indicative Gross Properties Sold Sale Price in Median Price on Market of Sales Asking Rent Rental Yield 480 $634,000 3.3% 26 $317.6m $500 4.0% 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 Manurewa Your local property report Recent Area Sales 2/51 Alfriston Road, Manurewa East 49 Aarts Avenue, Manurewa 3 1 1 0m2 0 2 2 918m2 Sale Price $515,000 Property Type UNIT Sale Price $640,000 Property Type Home & incom Sale Date30/04/19 Days on Market 98 Sale Date28/04/19 Days on Market NA 9 Tulloch Place, Conifer Grove 93C Maplesden Drive, Clendon Park 3 2 2 718m2 3 2 2 374m2 Sale Price $820,000 Property Type Dwelling Sale Price $717,000 Property Type Dwelling Sale Date18/04/19 Days on Market 43 Sale Date17/04/19 Days on Market 60 19 Cairnsvale Rise, Manurewa 10B Kindergarten Drive, Conifer Grove 4 2 2 575m2 2 1 1 0m2 Sale Price $990,060 Property Type Dwelling Sale Price $590,000 Property Type Ownership ho Sale Date15/04/19 Days on Market 2 Sale Date11/04/19 Days on Market 3 Manurewa LJ Hooker Manurewa Realty 2000 Ltd Licensed REAA 2008 ph. 09 268 0454 f. 09 268 0452 [email protected] manurewa.ljhooker.co.nz/ Come inside or visit ljhooker.co.nz to find out more. 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