Issuu

Milford & Surrounds

Sept/Oct 2026

barfoot.co.nz/milford

Market Report

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PROPERTY MANAGEMENT

Welcome to our

SOLD Milford Market Report magazine

for September/October 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.

Henry Barfoot and the Milford team

Milford branch 180 Kitchener Road Milford, Auckland 0620

P 09 489 5049 E milford@barfoot.co.nz barfoot.co.nz/milford

Latest News

Signs Auckland Housing Nearing Price Tipping Point The Auckland housing market experienced a typical end of winter sales month in August, but prices went against the normal trend by holding firm. “The Auckland market in August showed signs that it may be nearing a tipping point,” said Peter Thompson, Managing Director of Barfoot & Thompson. “Buyers are there and interested but are yet to be convinced that the upward price cycle is about to commence. They are still waiting for confirmation that the long-awaited return of rising prices is about to get underway. “It remains a solid buyers’ market, but there are signs that prices are hardening. “The median sales price for the month, at $955,000, was up marginally on that for July and the highest it has been for the past three months. “August’s median price was $15,000, or 1.6% higher than June’s median, and it is unusual

for the median price to be higher in the last month of winter than the first month of the cold season. It was also 0.5% higher than August’s median price last year. “It is a solid benchmark price from which to start the arrival of the spring selling season, and a small but welcome signal to vendors that a reversal may be in the wings.

“New listings for the month at 1,456 remained healthy, and month-end listings at 5,870 were in line with listings at this time last year. “Sales turnover in the rural and lifestyle markets in the upper North Island experienced a quiet month’s trading with turnover being slightly in excess of $36 million, in line with July’s trading.”

“The average price for the month at $1,098,487 continued to sit comfortably above $1,000,000. It was also 1.6% higher than August’s average price last year. “Sales were spread evenly across all price segments during the month, with 5% of sales being for more than $2 million. “We sold 787 properties in August. Although the second lowest number of sales in a month this year and down 6.9% on July’s sales it is unusual for prices to rise or hold firm when sales volume declines.

Peter Thompson Managing Director

Sales Data Milford, Castor Bay, Forrest Hill August 2026

SALE PRICE

MEDIAN

Average

Sale Price

$2,034,993

$1,328,500 CV

Highest $7,200,000 Lowest $767,000

$1,425,000

TOTAL SALES

BY PRICE BRACKETS

Aug 2026 Aug 2025

18 20

$0 - $1M

10%*

$2 - $3M

$1 - $2M

$3 - $4M * Total monthly sales up/down compared to the same period last year.

$4M+

4 9 2 1 2

Talk to us about Barfoot & Thompson’s number of days on the market for our different sale methods.

We Do make a difference. 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 (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Market Share and Figures

38%

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.

$0-750K

$750K-1M

31%

36%

$1-2M

$2M+

42%

28%

Overall Market Share

Over the last 12 months, Barfoot & Thompson sold more property in our area* than any competitor. For the period from 1st September 2025 to 31st August 2026, we sold 38% of all properties for sale in the area* – that’s over 1545 sales made by Barfoot & Thompson!

Monthly sales overview in the local area* (*Recent Sales)

*Figures shown on this page include information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. The area shown includes all suburbs in the Auckland North Shore region, as defined by REINZ (excluding Coatesville). Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Number of

Sales

1st June to 31st August 2026 compared to the same period last year.

Campbells Bay

Castor Bay

Forrest Hill

Mairangi Bay

Milford

Sunnynook

21 0

Same Period Last Year Last 3 months Same period last year Last 3 months

39%

of properties in the Milford area* sold for $1.5 million or more over the last 3 months. *Milford, Castor Bay & Forrest Hill

Average sale

Price

1st June to 31st August 2026 compared to the same period last year.

$2,088,446

Campbells Bay

$1,860,357

$2,009,647

Castor Bay

$1,531,100

$1,353,502

Forrest Hill

$1,289,591

$1,749,006

Mairangi Bay

$1,710,750

$1,613,732

Milford

$2,394,555

$1,247,500

Sunnynook

$1,187,333 $0

$500,000 Same Period Last Year

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

Last 3 months

Same period last year

Last 3 months

Figures shown on this page include information from multiple sources and published reports of sales made by most Real Estate agencies and may include private sales. Where sales information was not publicly available, an individual sale may have been excluded from the average results and tallies. Totals are cumulative, baselined on the 13th of each month for the available results made in the previous calendar month. Every reasonable effort has been made to ensure the accuracy of the information. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Moving Day! Top Tips

Why working with us can help sell your home. In our recent editions we have discussed the steps involved in selling your home, from getting ready to sell right through to the ins and outs of Settlement. This month, we cover moving house and give you some top tips to help things go smoothly.

Remember we have more information and a range of guides and tips to help you make the very best choices on our website barfoot.co.nz/sell/ selling-guide

Planning! ...Take the stress out of Moving Day Although the idea of settling in to a new home is very exciting, the actual moving process sometimes may seem a bit daunting - there’s a lot to think of and organise. Here are some tips to make the process as stress-free as possible:

Before moving day:

Cleaning:

• If you’re hiring a moving company, book them as soon as you know the moving date.

• If using a professional cleaner, book them as soon as you know the moving date.

• If moving yourself, plan your transport. Hire a rental truck or trailer and start organising boxes.

• Try to use up food in the fridge and freezer. Clean and defrost them the day before you move.

• Call your insurance company and make sure your goods will be covered during the move.

• Sell, give or throw away any broken, damaged or unwanted possessions.

• Write a list of all your possessions and plan which ones you can box ahead of time.

• Essentially: Leave the home in the same condition you want to find your new one.

• When filling your boxes make sure they aren’t too heavy to carry.

On moving day:

• Label boxes with their contents and the area of the house they are going in. Make sure you clearly label fragile goods.

• Remove all fixtures and fittings from the walls.

• Enlist the help of family and friends to help you on the big day. • Make sure you have valuables, paperwork and any other essential items with you on the day of the move.

Notify important parties of your new address:

• Disconnect washing machine and drain water. • Check tops of wardrobes and in the attic/ basement for any forgotten belongings. • Don’t put breakables or liquids in drawers to be moved. • Keep jewellery, money, passports, legal documents or insurance policies with you. • Take your rubbish with you.

• Your banks and solicitor. • The IRD. • Your workplace, kids’ schools & childcare. • Doctor, dentist, vet and other medical practitioners. • Local utility companies and your local authority / council. • Stores that you have accounts with, hire purchase companies and local club memberships. • Apply to have your mail redirected with NZ Post and leave your new address with the new owners so they can forward mail on.

Don’t Forget! • Discontinue or transfer services: • Gas, power and water - don’t forget to organise a final reading • Telephone and internet • Sky TV, newspapers, magazine delivery or other publications you’re subscribed to • Alarm monitoring • Lawn mowing/garden services

Learn more about making moving day an easier process and how to plan for it in advance.

• Leave manuals and any important notes for the new owners. • Make sure you turn off the lights, hot water system, gas meter and electricity switchboard and lock the door when you leave. • Leave the keys with the appropriate person or agency.

Think of the Pets • Think about arranging a pet-sitter on moving day to take care of them. • Update your pet’s details on their name tag, with your local council, and with the New Zealand Companion Animal Register. • All dogs are required to be microchipped but if you haven’t already done this, now is the time. Although it’s not a requirement in New Zealand, it’s a good idea to get your cat microchipped too - it’s the only guaranteed way of identifying it if they go missing from your new home. • Make sure you update your details with your vet. If you have an anxious pet, ask them for strategies to help keep them calm during the move. If you’re moving overseas, ask about vaccinations and special medications too! • Organise a carrier or crate for your pet to

ensure they are transported safely on the day. You might want to get them used to it before the move by doing some short practice drives. • Pack all of your pet’s belongings into a welllabelled box and take it in your car (not the moving truck) to the new home. This will ensure you are able to unpack them straight away, helping your pet settle in quickly on arrival. • For the drive to your new home, have some water, food, medication and anything else you think they might need on hand.

When you arrive your new place • Clean thoroughly • Unpack the essentials first • Find the mains • Change the locks • Check the smoke alarms

Download our moving checklist: barfoot.co.nz/buy/moving-tips Head to our website for more information: barfoot.co.nz/sell/selling-tips

Latest News August’s Monthly Rental Market Update

Rental market marks time in August September 2026 The rental market marked time in August as activity slowed and the broader conditions remained steady, with no change in prices or stock levels.

Stock levels were virtually unchanged in August, with 779 homes available for rent at the end of the month, compared with 777 in July.

Data from Barfoot & Thompson’s portfolio of rental homes across Auckland, Northland and Bay of Plenty shows there were 22,165 enquiries about properties for let during August, down 15.3% from July.

“Stock levels are relatively high, but are down on much of last year, when the number of available rentals stayed well above 800 most months of the year,” says Anil.

Attendance at property viewings and applications also eased in line with the drop in enquiries. Overall, a total of 588 properties were let, 9.5% fewer than in July. “The market was ticking along in August, and not rushing in any particular direction thanks to steady prices and good stock levels,” says Anil Anna, General Manager Property Management at Barfoot & Thompson. “While activity is quieter, renters are still out and about, and wellpresented properties at the right price are continuing to attract interest.”

The average weekly rent in Auckland was flat too, hovering just under the $700 mark, where it’s been for much of the year, finishing August at $699.00, up just 0.9% on last year. “The current combination of stable rents, good availability and slightly less competition than we saw in July, mean people thinking about moving have a bit more time to consider their options.” In Auckland, weekly rents for one and two-bedroom properties were showing slightly stronger annual rent increases than other sized-homes, up 1.2% and 1.1% respectively, while large homes with five or more bedrooms saw

the least change at 0.6% year-onyear. By area in Auckland, rents rose the most for homes on the North Shore and in Rodney, up 1.9% and 1.7% respectively, but were down 0.3% in the central city apartment market. Things were similar around Northland, with no movement in rents month-on-month, and a 1.7% increase year-on-year, settling at an average of $584.18 per week. In Bay of Plenty, where the company operates branches in Cherrywood, Mount Maunganui, Ōmokoroa and Waihi, the average weekly rent was $660.26 in August, moving less than a dollar compared to July, but up 3.8% on last year.

Anil Anna Property Management General Manager

Find out more at barfoot.co.nz/market-reports/2026/august/rental-market-update

Subscribe to our landlords’ newsletter, the Property Management Insider here

Summary

Auckland Region Rental August 2026

AUCKLAND AVERAGE TOTAL 1 2 3 4 5+ $475.62

$590.47

$702.86

$849.82

$1,038.73

2,057

5,330

7,396

4,005

1,197

CENTRAL AUCKLAND

CENTRAL AUCKLAND EAST

CENTRAL AUCKLAND WEST

$478.99

$480.22

$651.11

$595.54

$933.54

$746.75

$976.25

$1,113.33

EASTERN SUBURBS

$520.74

$478.33

$629.79

$630.69

$832.82

$787.14

$940.78

$991.76

$984.14

$1,172.45

$1,437.50

$1,246.66

Average $578.56

Average $729.58

Average $750.04

Average $754.81

-0.30%

0.90%

0.80%

0.70%

FRANKLIN/ MANUKAU RURAL

NORTH SHORE

PAKURANGA/ HOWICK

RODNEY

$412.16

$545.07

$427.50

$444.06

$507.73

$604.73

$580.51

$569.51

$600.32

$736.24

$696.27

$693.20

$704.00

$911.06

$831.66

$827.77

$868.63

$1,091.11

$1,020.57

$987.26

Average $621.55

Average $752.26

Average $757.00

Average $716.17

0.20%

1.90%

0.50%

1.70%

SOUTH AUCKLAND

Key:

Number of bedrooms

WEST AUCKLAND

$413.61

$468.78

$539.29

$563.40

$655.96

$651.38

$770.91

$776.89

$913.61

$931.27

Average $647.21

Average $649.32

1.30%

-0.20%

Rent received

Number of rentals

Year-on-year % change

Source: Barfoot & Thompson analysis of its tenancies as at end of the noted month and its sales over the last six months for three bedroom properties. Suburbs with less than four tenancies or four sales for three bedroom properties with Barfoot & Thompson are not included.

What our Customers Say Vivian Huang

Scott Mackenzie

Vivian is a very professional and highly dedicated real estate agent who always goes above and beyond. She kept us updated weekly, prepared the property carefully for every open home, and achieved a great sale price, we are truly grateful for her hard work.

Scott was easy to engage with, a good communicator, and seemed to know the market well. He listened to our expectations and maintained a good relationship with both vendor and buyer, even when it was difficult.

Eileen Yu & Faye Cui

Kerry Graham & April Howard

The service was excellent from beginning to end, and they were professional, reliable, friendly, efficient, and very helpful throughout the whole process. I truly appreciated their support and would highly recommend them to anyone looking for a trustworthy real estate agent.

Most impressed with the calibre of professionalism, highly recommend April & Kerry. Great marketing skills, kept us well informed, with strong communication and sound market knowledge.

Geraldine Ling

Emma Ye

Working with Geraldine was an amazing, supportive, and fun experience for first time home buyers. She was incredibly helpful in guiding us through the process, went above and beyond to assist with our move, and made everything smooth and stress free.

Communication was easy and efficient, making the process smooth and stress free. She also provided professional advice that helped us save unnecessary maintenance and upkeep costs.

Recent Sales

FEB 2026

The following pages show a summary of sales in Milford, Castor Bay & Forrest Hill made by all selling agencies during August 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.

Scan me

to view our most recent sales

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.

Milford

AUG 2026

2/4 Cecil Road Sale price $1,110,000 Land Size Crosslease

CV $1,200,000 Floor size 100

Bedrooms 2

3/6 Corunna Road Sale price $767,000 Land Size Crosslease

CV $780,000 Floor size 60

Bedrooms 2

CV $4,275,000 Floor size 314

Bedrooms 4

CV $6,750,000 Floor size 348

Bedrooms 4

CV $4,125,000 Floor size 243

Bedrooms 4

22 Muritai Road Sale price $5,100,000 Land Size 709

23 Muritai Road Sale price $7,200,000 Land Size 579

24 Muritai Road Sale price $3,800,000 Land Size 580

5/26 Otakau Road Sale price $2,602,000 Land Size Crosslease

CV $2,400,000 Floor size 182

Bedrooms 3

8A Stanley Avenue Sale price $1,580,000 Land Size 140

CV $1,500,000 Floor size 186

Bedrooms 4

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.

Castor Bay 1/29 Aberdeen Road Sale price $1,357,000 Land Size Crosslease

CV $1,225,000 Floor size 110

Bedrooms 3

1A Prestige Place Sale price $2,150,000 Land Size 326

CV $2,350,000 Floor size 265

Bedrooms 4

Forrest Hill

AUG 2026

3/166 East Coast Road Sale price $855,000 Land Size Crosslease

CV $970,000 Floor size 100

Bedrooms 2

117A Forrest Hill Road Sale price $1,921,888 Land Size 520

CV $2,050,000 Floor size 364

Bedrooms 5

2/162 Forrest Hill Road Sale price $922,000 Land Size Crosslease

CV $950,000 Floor size 140

Bedrooms 3

198D Forrest Hill Road Sale price $990,000 Land Size 142

CV $1,050,000 Floor size 166

Bedrooms 3

51A Gordon Avenue Sale price $1,300,000 Land Size 219

CV $1,450,000 Floor size 156

Bedrooms 4

51C Gordon Avenue Sale price $1,300,000 Land Size 184

CV $1,450,000 Floor size 155

Bedrooms 4

1/30 Lyttelton Avenue Sale price $1,055,000 Land Size Crosslease

CV $1,300,000 Floor size 110

Bedrooms 4

5/26 Morton Avenue Sale price $1,160,000 Land Size 164

CV $1,150,000 Floor size 184

Bedrooms 4

34B William Souter Street Sale price $1,460,000 Land Size 162

CV $1,400,000 Floor size 210

Bedrooms 4

Looking for a home? Get a First Look. House hunting can take over your weekend. The endless scrolling through listings, making enquiries and going from one open home to the next. First Look can help with that. Every day, our network of 88 branches and more than 1,800 salespeople help bring new properties to market. With First Look, you’ll be able to see selected properties earlier. The way it works is simple. Register for free, tell us what you’re after and save your preferred location, price range and property features. We’ll email you when a property matches your search. Then you have the chance to enquire, arrange a viewing or make an offer.

S CA N TO S IG N U P O R L EA RN M O R E AT BA R FO OT.C O. N Z / F IR ST LO O K

Meet the Team

As the Branch Manager of Barfoot & Thompson Milford, I lead a dynamic team dedicated to delivering top-notch real estate services to our clients. We help homeowners to achieve outstanding sales results, and help landlords to maximise their portfolio returns while minimising hassles. My grandfather, Val Barfoot, founded Barfoot & Thompson 100 years ago as a new migrant from England. The company has grown to be the market leader in Auckland, but has never lost sight of key family values like integrity and respect. A focus on performance and service has seen Barfoot & Thompson achieve international recognition as the top real estate agency in Asia Pacific - the first New Zealand agency to do so.

Henry Barfoot Branch Manager 021 274 3679

I’m a proud North Shore local, and started my real estate career here in 2009. I’ve also had the privilege of working in our branches all across Auckland as a relieving manager, and I opened our Millwater branch in 2017 before relocating to Milford in 2019. At Barfoot & Thompson, we believe in looking after our people and supporting our local community, but above all we believe in putting our clients first. I am committed to helping my team deliver exceptional real estate services to our clients in a positive and collaborative work environment. Feel free to reach out to me if you have any real estate needs or questions. I love meeting our clients in person and I always have time to talk.

Over 200 5-star Google reviews Find out why we are Milford’s preferred real estate agency

Property Management team

Louise Benson Head of Property Management 027 4319536

Kathryn Thomas Senior Property Manager 027 8078954

Christine Lin Property Management New Business Manager 027 292 3427

Brandon Schulze Property Manager 027 226 1967

Emma Ye Property Manager 027 565 1150

Michelle De Guzman Property Management Administrator

Residential Sales team

Mark Caisley 021 919 804

Faye Cui 021 269 5985

Kerry Graham 027 270 6726

April Howard 021 688 411

Vivian Huang 021 866 896

Cathy Li 021 779 783

Kristy Li 021 189 9366

Sophia Li 021 851 117

Geraldine Ling 021 106 3639

Allen Ma 021 861 230

Scott Mackenzie 021 336 734

Tim Mahon 027 298 7399

Mag Mo 021 890 524

Shirley Pei 021 1059 111

Charise Steyn 027 294 3518

Adam Tan 022 101 4766

Ren Tang 021 918 168

Linda Teng 022 0296 426

Rakhi Walecha 0275 392 018

Lily Wang 021 887 918

Katie West 022 042 5472

Eileen Yu 021 886 090

Sophia Zeb 020 417 13052

Jessie Zhang 021 0283 1345

Milford

AKTSM35

Barfoot & Thompson Milford 180 Kitchener Road, Milford, Auckland 0620 Residential Sales 09 489 5049 Property Management 027 4319536 Email milford@barfoot.co.nz

barfoot.co.nz/milford