Barfoot & Thompson | Milford

Welcome to our SOLD Milford Market Report magazine

for December 2025/January 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. Milford

Latest News

Top end buyers return to Auckland residential housing market

The Auckland housing market is the latest sector to show an improvement in economic activity, with November’s prices being the highest recorded this year.

“There was a marked increase in prices during November with buyers returning in strength to the top end of the market,” said Peter Thompson, Managing Director of Barfoot & Thompson.

“The median price for the month at $995,000 increased over that for last month by 4.7 percent and the average price at $1,181,829, increased by 9.5 percent.

“They are the largest monthly increases we have seen this year and have broken a 4-month hiatus where prices showed little movement.

“While sales activity and prices invariably increase modestly in November as we head into the Christmas and New Year break, this year’s increase was based on a change in sentiment as to future market direction.

“The improved prices led to a subtle shift from it being a total buyers’ market, with buyers sensing that now might be the time to act.

“Sales at 969 for the month increased by 4.2 percent on those in October and were 2 percent higher than the average number for the previous 3 months.

“A feature of November’s trading was the return to the market of buyers in the $2 to $3 million price category. In November we sold 71 homes in this price category, more than double the number sold in the previous month. We also sold 21 homes for more than $3 million.

“While sales of property in the under $750,000 price category remained popular, they accounted for 22 percent of all sales. The average for the previous three-months was 26 percent of sales.

“Participation in the housing market by buyers in the top end of the market has been quiet for

many months but they are now starting to return.

“New listings remained positive at 1,867, and our month end stock of 6102 was an increase of 1.3 percent on that at the end of the previous month.

“Rural and lifestyle property sales also experienced a lift in sales activity with sales for the month at $49 million, an increase of 28 percent on October’s sales.”

Peter Thompson Managing Director

Milford, Castor Bay, Forrest Hill

$1,450,000 $1,375,000

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 property in our area* than any competitor.

For the period from 1st December 2024 to 30th November 2025 we sold 37% of all properties for sale in the area* – that’s over 1475 sales made by Barfoot & Thompson!

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

Latest News

November’s Monthly Rental Market Update

Average rent for typical Auckland home tips over $700 per week

Auckland’s rental market held to its recent pattern of flat pricing in November, with the region’s average weekly rent sitting just $1.28, or 0.2%, higher than a month ago, and $6.13, or 0.9%, higher than a year ago.

However, three-bedroom homes saw stronger movement than the overall market, with the average weekly rent rising $9.45, or 1.4% year-on-year, and surpassing $700 per week for the first time.

“Three-bedroom homes make up the bulk of the Auckland rental market, being nearly 40% of the 17,500 plus rental properties we manage across the region,” says Anil Anna, General Manager of Property Management at Barfoot & Thompson. “They are very much a benchmark for the ‘typical’ Auckland rental home and can provide insight into wider market trends.”

He says that while there is a lot of variation in three-bedroom homes across the city, from standalone properties to units and apartments, it’s clear that demand for them remains firm. “The appeal is very broad, offering enough space for many families, for groups renting together, or for singles and couples who want a bit more room for their work or hobbies.

“Increasingly, three-bedroom homes are also being seen as a more budgetfriendly option by households who may previously have stretched to a four- or five-bedroom property, but are now looking to manage housing costs down.”

He said property managers were reporting more renters choosing smaller homes to reduce their future rent commitments, as well as renters seeking adjustments to their existing tenancy agreements to allow for more tenants to occupy bedrooms that may have been used as a work or extra living space previously.

Where three-bedroom homes cost the least, and the most

The most affordable area for a threebedroom home was Franklin and Rural Manukau, averaging $599.29 per week, followed by West Auckland at $648.58. Three-bedroom properties also continued to sit under the $700 threshold in South Auckland ($653.15), Rodney ($682.28), and Pakuranga/ Howick ($691.98).

At the other end of the spectrum, Central Auckland remained the region’s most expensive, averaging $983.29 per week, with Anil noting these properties included large and high-end apartments.

Largest homes see the least price change

While some property managers were also reporting increasing demand for four-bedroom properties, which saw an average rent rise of 1.2% year-onyear in November, five-bedroom and larger homes saw the smallest change, with less than $1 difference between November 2024 and November 2025.

“These homes are already at the upper

end of the price scale, and demand patterns tend to be more stable,” says Anil.

Activity softens month-to-month but outpaces last year

Key measures of rental market activity dipped slightly from recent months, but remained well ahead of last year’s more subdued pace.

Enquiries totalled 23,644 in November, down 6.5% from October but nearly 20% higher than November 2024.

More than 7,900 groups viewed rental properties during the month, up 10.4% year-on-year, and just under 3,000 tenancy applications were received, 6.5% more than a year ago.

There were also more homes for rent at the end of the month, 8.6% above the average of the previous three months, a lift that Anil says could be attributed to the usual seasonal lift in tenants choosing to conclude their tenancies at the end of the calendar year.

Anil Anna Property Management General Manager

Auckland Region Rental Summary

What our C u s t o m e r s S a y

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ing k work h Sco ars, I ght p and mark est s ding d of open ng price. I as he is rthy, highly he job done

K a i D e n g

We had an excellent experience working with Kai Deng, a genuinely professional agent who is clearly very knowledgeable about the local market His positive, enthusiastic approach along with hard work, strong follow-up, and wellexecuted marketing ensured great exposure and a swift, successful sale. We also appreciated his recommendation to sell by tender, which proved highly effective and achieved the result we needed

E i l e e n Y u &

F a y e C u

As a newcomer to the complexities of d selling, I found g they listened he emotions re xciting Their commitment to achieving the very best for me at every step was delivered with professionalism, care, and integrity My sincere thanks to both you really are the best!

C a t h y L

hy has been fantastic throughout our selling journey, providing professional advice from ntation, staging, and er expert negotiation skill property quickly and for d highly recommend her to anyone looking to buy or sell

J o s e p h H i c k t o n

Our experience with the agent was smooth and easant, thanks to their xcellent communication ons throughout the heir professionalism, oactive support made us feel confident and well looked after We are very grateful for their service and would definitely recommend them to future tenants

GETTING YOUR HOUSE READY TO SELL IN SUMMER

Summer is a hot time of the year to sell and recent promising median price gains are compelling people to reconsider waiting to put their home on the market.

Additionally, properties available for sale have increased and sales activity is recovering. So in short, there are currently many opportunities for vendors willing to make a move now. Here are five things that you can do to ensure your property is presented at its best.

1. Get an appraisal

Our salespeople are expertly skilled at assessing value and they integrate their knowledge of the neighbourhood and the current market. Appraisals are pressure-free and come with zero obligation.

2. Think about first impressions

Before a buyer enters your home, they’ve already formed an opinion based on what they’ve seen from the road. Freshly cut lawns, a well cared for garden or hedge, clean paintwork on the house exterior and water blasted concrete and fences make a huge difference and will make the buyer want to step inside.

3. Declutter and clean

Remove clutter from all your spaces so that potential buyers can visualise themselves in the house. This includes removing very personalised art and family photos.

4. Repairs and renovations

Get to those repairs that you have been putting off. Embrace your inner DIY-er and tackle things like plaster cracks, leaks, rusty squeaky hinges, cracked glass and other things that people will notice.

5. Stage the house for buyers

While it is not a must-do to put your home on the market, it is at least worth a little research and a couple of calls to see what home staging would run you.

With Barfoot & Thompson, not only do you have the strength of Auckland’s largest and most trusted real estate company behind you, you also have 1,700+ salespeople working for you.

Feel free to drop in at a branch, call, or contact us online.

Our salespeople have all the experience you need and are happy to provide you with more advice and information.

To find out more, contact one of our local salespeople

Recent

Sales

The following pages show a summary of sales in Milford, Castor Bay & Forrest Hill made by all selling agencies during November 2025.

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.

21A Forrest Hill Road

Size Sale price 1474

$2,450,000 $2,300,000 CV

5 Floor size 260

56 Gordon Avenue

$1,500,000 $1,400,000 CV Land Size Sale price 227

4 Floor size 183

1/49 Nile Road

Size Sale price Crosslease

$1,599,000 $1,625,000 CV

5 Floor size 269

6 Nile Road

$838,000 $1,125,000 CV

24A Ocean View Road

Size Sale price Crosslease

$1,870,000 $2,275,000 CV

9 Quebec Road

Size Sale price 912

$2,980,000 $3,125,000 CV

2C Rangitoto Terrace

$1,470,000 $1,560,000 CV Land Size Sale price 188

2F Rangitoto Terrace

$1,250,000 $1,490,000 CV

1/45 Rangitoto Terrace

$2,050,000 $1,625,000 CV

4

4

4

2/19 Stanley Avenue

$800,000 $1,225,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 180

18A Stratford Avenue

$1,620,000 $1,850,000 CV Land Size Sale price 166 Bedrooms 4 Floor size 186

2/9 Sudan Avenue

$828,000 $800,000 CV Land Size Sale price Crosslease

Bedrooms 2 Floor size 67

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

1/1 Eastcliffe Road

$1,625,000 $1,400,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 170

3/58-60 Heathcote Road

$1,095,000 $1,375,000 CV Land Size Sale price Crosslease Bedrooms 4 Floor size 230

12 Midway Avenue

$2,425,000 $2,175,000 CV Land Size Sale price 627 Bedrooms 3 Floor size 193

5/18 Parr Terrace

$535,000 $640,000 CV Land Size Sale price Crosslease Bedrooms 1 Floor size 50

33B Parr Terrace

$2,310,000 $1,900,000 CV Land Size Sale price Unit Title Bedrooms 4 Floor size 242

21A Peter Terrace

$1,375,000 $1,125,000 CV Land Size Sale price Crosslease Bedrooms 3 Floor size 150

16 Prestige Place

$2,460,000 $2,200,000 CV Land Size Sale price 913 Bedrooms 5 Floor size 289

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.

38 Blakeborough Drive

$1,611,000

45 Blakeborough Drive

$1,460,000

1/19 Bowman Road

$1,300,000 $1,100,000

8A Catalina Crescent

$1,450,000

$1,573,888

Lot 5/98 Forrest Hill Road

$1,250,000

2/1A Gordon Avenue

$1,380,000

2/12 Keldale Place

$845,000

2/25 Keldale Place

$1,420,000

3C Kenmure Avenue

$1,280,000 $1,325,000

54 Kenmure Avenue

$1,450,000 $1,500,000

23 Knightsbridge Drive

$1,635,000

2/1 Meadowvale Avenue

$1,145,000

10E Pax Avenue

$1,130,000

2/24 Richards Avenue

$1,085,000

24 Rosemary Avenue

$1,828,000

1/29

Seine Road

$1,168,300

3/36 William Souter Street

$1,300,000

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.

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.

Property Management team

Residential Sales team

Chris Cai 021 258 3328

Ying Han 021 228 8555

Susan Li 022 636 5878

Shirley Pei 021 1059 111

Eileen Yu 021 886 090

Mark Caisley 021 919 804

Chris Harvey 022 140 0302

Geraldine Ling 021 106 3639

Charise Steyn 027 294 3518

Sophia Zeb 020 417 13052

Faye Cui 021 269 5985

April Howard 021 688 411

Allen Ma 021 861 230

Adam Tan 022 101 4766

Jessie Zhang 021 0283 1345

Kai Deng 021 902 628

Vivian Huang 021 866 896

Scott Mackenzie 021 336 734

Linda Teng 022 0296 426

Emily Zhao 022 087 9325

Angela Dong 021 217 6550

Cathy Li 021 779 783

Tim Mahon 027 298 7399

Rakhi Walecha 0275 392 018

Kerry Graham 027 270 6726

Li 021 189 9366

Evan Pan 021 287 7668

Lily Wang 021 887 918

180 Kitchener Road, Milford, Auckland 0620

Residential Sales 09 489 5049

Property Management 027 4319536

Email milford@barfoot.co.nz

barfoot.co.nz/milford