Barfoot & Thompson | Grey Lynn by barfootsuburbsales

Welcome to our SOLD Grey Lynn & Surrounds Market Report magazine

for April 2026

Our magazine contains the latest available information regarding property sales in the local area along with details of market trends, stats and tips.

Aucklanders continue to have an almost insatiable appetite for property market intelligence, so each month we will share details of the trends in your area. This is just part of our commitment to continue delivering you the highest level of service.

We’ve been locals for decades so we know the area well. Our goal is to apply this knowledge for you so you’re able to make the most of the opportunity that today’s and tomorrow’s market presents.

Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.

Thank you and all the best for the coming month.

Andrew Cosgrave and the Grey Lynn team

Latest News

Low Auckland house prices attract strong sales activity

The Auckland housing market is experiencing strong sales activity without it affecting price stability.

“In February, sales numbers at 785 were excellent, and we sold the highest number of homes in a February for five years,” said Peter Thompson, Managing Director of Barfoot & Thompson.

“February’s high activity follows on from that in January, and in the first two months of the year we have sold 1,609 homes, 16 percent more than at the same time last year.

“The only year we have sold more homes in the first two months of a calendar year in the last decade was 2021.

“The attraction that is drawing buyers is current price levels, with the median sales price in February at $904,000, down 9.6 percent on that for January, and the average price at $1,013,976, down 13.3 percent.

“These are among the lowest monthly median and average

sales prices seen in Auckland since prices peaked in 2022.

“The combination of high sales and low prices is part of the ‘structural change’ the Reserve Bank commented on when announcing the OCR would remain at 2.25 percent in late February.

“Effectively, housing supply is starting to meet housing demand, and the prices are drawing in buyers who once felt priced out of the market.

“We listed 2,252 new properties in February, a combination of new builds and existing homes, and at month end had 6,159 properties on our books, the highest number of listings we have had at this time of the year for 15 years.

“While the combination of good choice, stable prices and high sales numbers is drawing strong buyer interest, for the first time in many years this is not putting pressure on prices.

“Of our sales in February 31 percent were in the under

$750,000 price segment, the category most attractive to first time buyers.

“Sales in the $2 million plus market represented 4 percent of total sales. This sector is normally quiet at this time of the year because of the holiday season.

“Sales of property in the rural and leisure sectors of Northland and greater Auckland for February were close to $37 million, bringing sales for the first two months of the year to $100 million, 15.5 percent higher than for the same two months last year.”

Peter Thompson Managing Director

$2,000,000 $2,112,500

Market Share and Figures

Market Leaders

We sell across all price brackets and types of property. Here’s proof why people continue to list and sell with Barfoot & Thompson.

Overall Market Share

Over the last 12 months, Barfoot & Thompson sold more than a third of all listed properties in our area.

WITH SELLING AGENCIES MKT SHARES

For the period from 1st March 2025 to 28th February 2026, we sold 32% of all properties for sale in the area – that’s over 2045 sales made by Barfoot & Thompson!

Monthly sales overview in the local area*

(*Recent Sales)

This page shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Suburbs in the Central Region area include Auckland City, Eden Terrace, Ellerslie, Epsom, Freemans Bay, Glen Innes, Glendowie, Grafton, Greenlane, Grey Lynn, Hillsborough, Kingsland, Kohimarama, Lynfield, Mangere Bridge, Meadowbank, Mission Bay, Mt Albert, Mt Eden, Mt Roskill, Mt Wellington, New Windsor, Newmarket, One Tree Hill, Onehunga, Orakei, Panmure, Parnell, Point Chevalier, Point England, Ponsonby, Remuera, Royal Oak, Sandringham, St Heliers, St Johns, St Marys Bay, Stonefields, Three Kings, Wai O Taiki Bay, Waterview & Westmere.

of properties in the local area* sold for $1.5 million or more over the last 3 months.

* Grey Lynn, Herne Bay, Ponsonby, Point Chevalier St Mary’s Bay, Westmere, Kingsland, Mt Eden & Sandringham

How We Help Landlords

Top Tips Property management with peace of mind

In our recent editions we have discussed the steps involved in selling your home. This month we cover how Barfoot & Thompson also help landlords manage their property.

Remember we have more information and a range of videos to help whether you are buying, selling or renting. Find out more about our Property Management service on our website at this link:

barfoot.co.nz/landlords/howwe-help-landlords

How we help landlords manage their property

As an investor, you want to know your rental property is in safe hands. That’s where Barfoot & Thompson comes in.

Stress-free property management

With Barfoot & Thompson, not only do you have the strength of Auckland’s largest and most trusted real estate company behind you, but you have peace of mind that property management experts are looking after your investment.

So instead of dealing with the day-to-day issues, you can sit back and relax, confident that your property is in safe hands.

We manage 21,000+ rental properties

Barfoot & Thompson is Auckland’s leading real estate company and New Zealand’s largest privately owned real estate company – still run by the Barfoot and Thompson families for over 100 years.

We manage over 21,000 rental properties and with dedicated property managers in over 80 branches and one of Auckland’s largest rental portfolios, we have the experience and scale to help you.

We can help you find the right tenants and get the right rent

• Rigorous selection process

• Knowledge of the local rental market will ensure you get the right price

• Regular rent reviews – see an increase in rent received to match market changes

• Extensive portfolio of potential tenants: we’ll do our best to ensure your property is always tenanted.

We resolve disputes

Because property management is our area of expertise, and as members of the Real Estate Institute we understand the legislative ins and outs so can deal with any issues that arise quickly and effectively. When required, our property managers represent our landlords at mediation and tenancy tribunal hearings.

“I never have to worry about my rentals as the team at Barfoot & Thompson are on top of all the issues. I just get the statements at the end of the month, which is exactly the service I want.”

C. Stokes

You can trust that your money is in good hands

Handling of all rental funds is managed through our head office accounting department. And, unlike many other property management companies, all money collected on your behalf is held in an audited trust account – so you know where it is at any time.

Barfoot & Thompson Ltd is also licensed under the Real Estate Agents Act 2008.

We have local knowledge

Because our property managers are based in Barfoot & Thompson branches across Auckland, Northland, Bay of Plenty and Waikato, they understand their local rental market, have access to a wide portfolio of potential tenants, and can keep an eye on your property easily.

Every branch has support staff that can assist you should your property manager be out of the office.

Did you know?

When you advertise a property for rent or for sale with Barfoot & Thompson, it will be advertised on both Barfoot.co.nz and Realestate.co.nz

If your rental property becomes vacant, you’ll receive extra online marketing – at no extra cost – on both Barfoot.co.nz and Realestate.co.nz This offer is available to our full-service property management clients.

Number 1 experts in property management

Did you know that 61% of landlords say they use a property manager for some or all of their rentals?

And 31% of those people use Barfoot & Thompson - more than any other company. Here’s how we stack up: Source: TRA research with Aucklanders and Northlanders, October 2017.

Regular communication, clear information

We report back to you on a regular basis the findings of our inspections, send statements at the end of each month, and keep you informed of market conditions, rent reviews and other relevant information.

The best technology in the business

Barfoot & Thompson has invested in state-of-the-art property management systems – which contain the details of all rental properties we manage. By linking all quotes, repairs, maintenance, photos and rent payments to each rental account, all information related to a property is at our fingertips –invaluable for regular reporting and should a dispute occur.

Want more information on rental prices and return on investment?

• View our latest suburb report in our Market Reports section to see sales, rent and yield

• See our latest rental report in our Market Reports section to see rent by area barfoot.co.nz/market-reports

• Contact one of our property managers or drop into our branch.

Property Management Insider >>> subscribe now!

Recent

Sales

The following pages show a summary of sales in Grey Lynn and surrounding areas made by all selling agencies during February 2026.

Our sales data includes information submitted by the selling agency and may include some private sales. Where details of a particular sale may not have been able to be fully verified, it may be omitted from our reports.

Please do not hesitate to contact any of our sales team if you would like more information, we would be delighted to help you with your real estate needs.

Every reasonable effort has been made to ensure the accuracy of the information presented. Land and floor sizes are approximate, sourced from REINZ, Auckland Council or other public sources and may contain inaccuracies. Barfoot & Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Grey Lynn

Ariki Street

$1,917,500

Baildon Street

$2,572,500

Browning Street

$2,300,000

20 Commercial Road

$1,615,000

33 Cooper Street

$1,860,000

71 Crummer Road

$2,000,000

13 Firth Road

$2,665,000

25 Leighton Street

$3,400,000

39 Murdoch Road $4,350,000

3 Prime Road

$1,850,000

87 Rose Road

$3,450,000

15 Selbourne Street

$3,500,000

25 Selbourne Street

$3,160,000

305/19 Surrey Crescent

$1,075,000

303/64 Surrey Crescent

$885,000

8/35 Turakina Street

$670,000 $690,000

9 Waima Street

$1,420,000 $1,200,000

3 Westmoreland Street East

$2,260,000

Westmere

3/66 Larchwood Avenue

$1,130,000

8 Livingstone Street

$2,900,000 $3,075,000 CV Land Size Sale price 572

4 Floor size 181

24 Nottingham Street

$2,500,000 $2,725,000 CV Land Size Sale price 477

3 Floor size 102

12 Peel Street

$2,900,000 $3,450,000 CV

9B Rawene Avenue

$1,800,000

53B Regina Street

$2,375,000 $2,975,000 CV Land Size Sale price 160 Bedrooms 4 Floor size 234

94 West End Road

$1,390,000 $1,700,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 152

This publication shows data regarding a wide selection of published residential property sales that have recently occurred. It includes information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where data is not publicly available, an individual sale may have been excluded from the average results and tallies shown in this report. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REAA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Point Chevalier

10 Bungalow Avenue

$2,440,000 $2,825,000 CV Land Size Sale price 564 Bedrooms 4 Floor size 226

33 Humariri Street

$1,375,000 $1,575,000 CV Land Size Sale price 450 Bedrooms 2 Floor size 76

166 Point Chevalier Road

$1,514,000 $1,400,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 87

25 Premier Avenue

$1,540,000 $1,400,000 CV Land Size Sale price 263 Bedrooms 3 Floor size 97

67A Premier Avenue

$1,410,000 $1,325,000 CV Land Size Sale price 411 Bedrooms 3 Floor size 93

7/22 Wainui Avenue

$1,175,000 n/a CV Land Size Sale price Unit Title Bedrooms 2 Floor size n/a

77A Wainui Avenue

$2,410,000 $2,775,000 CV Land Size Sale price 524 Bedrooms 4 Floor size 223

95C Walker Road

$880,000 $960,000 CV Land Size Sale price 79 Bedrooms 2 Floor size 78

Ponsonby Area

77 Argyle Street

$12,051,000

76 Brown Street

$2,130,000

Cox Street

$2,130,000

11/8

Hamilton Road

$1,210,000

109 John Street

$6,005,000

56 Kelmarna Avenue

$2,450,000

Lawrence Street

$3,200,000

28 O’Neill Street

15 Ring Terrace

37 Summer Street

$1,850,000 $2,000,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 103

2 Wanganui Avenue

$4,400,000 $3,950,000 CV Land Size Sale price 416 Bedrooms 4 Floor size 271

76 Wanganui Avenue

$3,450,000 $3,450,000 CV Land Size Sale price 416 Bedrooms 3 Floor size 145

30 West End Road

$2,450,000 $2,850,000 CV Land Size Sale price 1854 Bedrooms 4 Floor size 321

Kingsland

51 First Avenue

11 Third Avenue

Mt Eden

6 Akiraho Street

$1,760,000 $1,775,000

23 Dunbar Road

$1,790,000

37 Elizabeth Street

$1,550,000 $2,000,000 CV

1 Ellerton Road

$2,700,000 $2,700,000

8 Esplanade Road

$1,500,000

28 Fairview Road

$3,520,000

9A Horoeka Avenue

$2,560,000 $2,450,000 CV

9 Kakariki Avenue

$5,001,000

54 Kensington Avenue

$1,700,000

Kowhai Street

$2,975,000

Lambeth Road

$1,460,000 $1,375,000

Manatu Street

$2,255,000

136

Marsden Avenue

$1,150,000 n/a

140

Peary Road

$1,685,000

91 Peary Road

$2,735,000

19 Poronui Street

$3,635,000

23 Queens Avenue

$2,500,000

Ruapehu Street

$4,340,000

18 Springwood Place

$1,380,000 $1,350,000 CV Land Size Sale price 216 Bedrooms 3 Floor size 118

14 Tarata Street

$2,655,000 $2,750,000 CV Land Size Sale price 379 Bedrooms 4 Floor size 206

82 Valley Road

$2,505,000 $2,025,000 CV Land Size Sale price 481 Bedrooms 3 Floor size 126

25 Volcanic Street

$2,550,000 $2,300,000 CV Land Size Sale price 582

3 Floor size 134

21 Wairiki Road

$2,525,000 $2,300,000 CV Land Size Sale price 509 Bedrooms 5 Floor size 229

Sandringham

105 Burnley Terrace

$2,020,000

83 Burnley Terrace

$1,790,000

Calgary Street

$2,220,000

12 Euston Road

$1,214,000

3 Haverstock Road

$1,255,000

87A Haverstock Road

$985,000

91 Haverstock Road

$2,105,000

7/6C Kingsway Avenue

$785,000

Lot 3/26 Lancing Road

$1,200,000

Lot 5/26 Lancing Road

$1,235,000

Lot 7/26 Lancing Road

$1,338,000

6/5 Patterson Street

$894,000

223 Sandringham Road

$1,750,000

95 Taumata Road

$1,805,000

201/2A Truro Road

$415,000

9 Watea Road

$1,240,000

Meet the Team

Andrew started his working life as a flight navigator on C130 Hercules aircraft in the Royal Australian Air Force. After 10 years, he moved to Auckland and started his own busy food retail business in Newmarket. Eight years later, Andrew joined Barfoot & Thompson’s Blockhouse Bay Branch, moving to the Grey Lynn Branch in 2007.

Andrew rapidly became a well known and successful salesperson in Grey Lynn and in 2011 he took over as manager at that Branch.

Andrew Cosgrave Branch

Manager

021 719 090

With a background in buying and selling his own property through the years (Andrew bought his first house in Perth at age 20), in military flying and training, and owning his own business - the manager’s role brings Andrew’s previous roles and skills together in building and training a team of real estate professionals.

The Branch culture is built around one underlying philosophy: “To exceed our client’s expectations” - be that in achieving the absolute best sell price for vendors, to giving the best possible service to the Branch’s landlords and buyers with a team of conscientious and highly skilled sales and rental staff.