Barfoot & Thompson | Highland Park

Welcome to our SOLD Highland Park Market Report magazine

for February/March 2025

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.

Latest News

Auckland housing market opens new year cautiously; Increase in sales in under $1 million price segment

The normal, cautious start to the new year for the Auckland housing market masks a positive rise in sales numbers.

“As is customary, the Auckland housing market quietly edged into 2025 with January sales prices and sales numbers below where they were at in December,” said Peter Thompson, Managing Director of Barfoot & Thompson.

“The median sales price for the month at $950,000 was down 5 percent on that for December, while the average price at $1,053,446 was down 11.2 percent and sales numbers at 700 were down 16 percent.

“A fall in January compared to December is a trend that has occurred over the past 5 years.

“However, when you drill down into sales numbers for the month, 700 sales represents a positive start to the year, amounting to an increase of 38.9 percent on those for January 2024.

“This is the second year in a row that January’s sales numbers have increased January-onJanuary and, in the last 9 years, our January sales have only exceeded 700 on two previous occasions.

“Seen within the context of monthly sales numbers over the past three years, to sell 700 homes in the holiday shortened period of January represents a solid start to the trading year.

“The focus of buyers in January was on the lower price segments of the market with 56 percent of our sales in the month taking place in the under $1 million market. Our average number of monthly sales in the under $1 million market during 2024 was 51 percent.

“This strong showing in the below $1 million market has a masking effect on the median and average prices.

“January is invariably a month when sales in the $2 million and

above price categories are light.

“We added a healthy 1,361 new listings to our portfolio in January, and at month’s end had 5,383 homes on our books. This is a little short of our average monthly listings in 2024, but the highest we have had in the month of January since 2021.

“After registering a 31-month high in sales turnover in December, the rural and lifestyle markets experienced a quieter January, with sales turnover of $42.6 million, exceeding that for January last year by 9.8 percent.”

Peter Thompson Managing Director

Market Share and Figures

Overall Market Share

Over the last 12 months, Barfoot & Thompson has sold more property in our area* than any competitor. For the period from 1st February 2024 to 31st January 2025, we sold 45% of all properties for sale in the area, that’s over 950 sales made by Barfoot & Thompson! And in the month of January 2025, we sold 51% - which is also more than any competitor!

Number of Sales

1st November 2024 to 31st January 2025 compared to the same period last year.

Average sale Price

Beachlands + Maraetai

Bucklands Beach + Eastern Beach

Cockle Bay + Shelly Park + Somerville

Farm Cove + Sunnyhills + Pakuranga

Golflands + Burswood + Northpark

Howick + Mellons Bay Highland Park

1st November 2024 to 31st January 2025 compared to the same period last year.

* Figures shown on these pages 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 Beachlands, Botany Downs, Bucklands Beach, Burswood, Cockle Bay, Dannemora, East Tamaki, East Tamaki Heights, Eastern Beach, Farm Cove, Flat Bush, Golflands, Half Moon Bay, Highland Park, Howick, Maraetai, Mellons Bay, Northpark, Pakuranga, Shelly Park, Somerville and Sunnyhills. 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.

HOW WE HELP LANDLORDS

Property management with peace of mind

In our recent editions we have discussed the steps involved in selling your home. This article covers 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/how-we-helplandlords

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 20,000+ rental properties

Barfoot & Thompson is Auckland’s leading real estate company and New Zealand’s largest privately owned real estate company.

Find out about how our property management can help you manage your rental properties, no matter how big or small your rental portfolio. www.barfoot.co.nz/landlords

It is still run by the Barfoot and Thompson families and has been for over 100 years.

We manage over 20,000 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 mediations and tenancy tribunal hearings.

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

C. Stokes

You can be sure 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.

Did you know?

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

If your rental property becomes vacant, you’ll receive extra online marketing – at no extra cost –on barfoot.co.nz as well as realestate.co.nz

This offer is available to our fullservice property management clients.

We have local knowledge

Because our property managers are based in Barfoot & Thompson branches across Auckland and Northland, 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 to assist you should your property manager be out of the office.

Membership discount: Auckland Property Investors Association

As Gold sponsors of the Auckland Property Investors Association (APIA), Barfoot & Thompson full service property management clients, get a membership discount to the APIA. The APIA is a not-for-profit organisation which promotes education and networking for it’s members, helping them become betters landlords and astute property investors.

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.

Property Insider

Every month, we send out an e-newsletter to our landlords to keep them in touch with what’s happening in the rental market.

From the latest suburb reports on sales, rent and yield (return on investment) to rental reports and landlord tips, you can get it all in the Property Management Insider – subscribe now.

We also run regular property investment seminars for our property management clients, where you can hear the latest information and tips on the sales and rental market, the New Zealand and Auckland economies and so much more.

Want more information on rental prices and return on investment?

– View our latest suburb report on sales, rent and yield.

– See our latest rental report organised by area.

– Contact one of our property managers or visit a branch near you. www.barfoot.co.nz/propertymanagement

Recent

The following pages show a summary of sales in Highland Park and surrounding areas made by all selling agencies during December 2024 and January 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.

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. DEC

Highland Park

1/86 Aviemore Drive

$810,000

1/6 De Quincey Terrace

$850,000

2/41 Highland Park Drive

$915,000

30A Lochend Place

$950,000

Bucklands Beach & Eastern Beach

2/172 Bucklands Beach Road

$1,390,000

1/22 Cherry Road

$1,130,000

1/30 Cherry Road $895,000

94 Clovelly Road

$1,860,000

1/24 Cranberry Place

$955,000

4 Devon Road

$1,790,000

23 Galsworthy Place

$1,890,000

7 Galsworthy Place

$1,900,000

9C (Lot 1) Glennandrew Road

$1,343,000

34A Takutai Avenue

$2,088,200

3/17 The Parade

$1,656,000

1/8 Waller Avenue

$1,614,000

28 Wycherley Drive

$1,600,000

Half Moon Bay

1/5 Colleen Norma Place

$1,220,000 $1,250,000

16A Darren Crescent

$1,358,000 $1,650,000

26

Fiesta Drive

$1,255,000

9B Glennandrew Drive

$1,250,000

17 Jane Gifford Place

13 Medina Place

$1,075,000

1/94

Prince Regent Drive

2/94

Prince Regent Drive

$858,000

1/97 Takutai Avenue

$1,225,000

Howick

10A Tuscan Place

$1,225,000 $1,550,000

10 Venus Place

$1,680,000

10B Abercrombie Street

$1,238,000

22 Andrew Road

$1,281,000

53 Angelo Avenue

$1,372,500

2/68 Bleakhouse Road

$1,377,298

2 Broadview Place

$1,401,000

2 Castleton Drive

$2,125,000

8C Castleton Drive

$2,740,000

5 Culver Terrace

$1,288,000

Lot 6/19 Drake Street

$770,000

25

Drake Street

$1,300,000

49C Elliot Street

$1,230,000

31 Finnerty Avenue

$990,000

61A Gibraltar Street

$1,134,000

66 Howe

Street

$1,230,000

69D Howe Street

1/107 Moore Street

$955,000 $940,000

2/65 Moore Street

$756,000 $1,000,000 CV

43E Nelson Street

$1,030,000 $1,090,000 CV

55 Nelson Street

$1,300,000

4B O’Halloran Road

$1,200,000 $1,325,000

4C O’Halloran Road

$1,200,000 $1,325,000

2 Panoni Lane

$865,000 $930,000

22 Panoni Lane

$825,000 $900,000

1/12 Patons Road

$1,150,000

21 Patons Road

$1,490,000

33D Patons Road

$930,000

49 Patons Road

$1,043,000

2/55

Rodney Street

$1,090,000

109 Union Road

$1,200,000

18A Union Road

$1,140,000

109A Wellington Street

$1,238,000

126B Wellington Street

$1,270,000

6/1 Willoughby Avenue

$487,000

$3,255,000

47 Charles Dickens Drive

$1,530,000

11 McMillan Place

$2,028,000

56 Parkhill Road $1,630,000

Pakuranga & Surrounds

9 Arkley Avenue $2,585,000

4A Aurea Avenue

$915,000

1/23 Ayr Road

84 Bramley Drive

$3,200,000

12 Browns Avenue

$900,000

19 Caithness Place

$2,200,000

96 Cascades Road

$1,280,000

Lot 3/38 Dale Crescent

$925,000

58A Edgewater Drive

$895,000

Lot 3/19 Ellesmere Crescent

$719,000

2/112 Ennis Avenue

$768,500

40C Glenmore Road

$1,260,000

17A Grassways Avenue

$1,409,000

2/11 Heron Place

$826,000 $910,000 CV

3B Heron Place

$880,000 $870,000 CV

2C Imatra Place

$1,155,000 n/a CV

2D Imatra Place

$1,163,666 n/a CV

1/41 Larne Avenue

$890,000 $910,000 CV

50 Marriott Road

$1,245,000 $1,725,000 CV

18 Opal Avenue

$905,000

2A Opal Avenue

$950,000 $1,375,000 CV

15B Pakuranga Road

$970,000

3

4

4

1/285 Pakuranga Road

$768,000 $810,000

14A Reeves Road

$790,000 $920,000 CV

2 Rothwell Place

$1,265,000

16 Sarah Place

$1,840,000 $2,000,000

2/48 Stanniland Street

$867,500 $930,000

1/28 Studfall Street

$968,000

7 The Anchorage

$1,705,000

30C The Boulevard

$1,200,000

32A Tupaki Place

$1,380,000

3

38B Udys Road

$941,888 n/a CV Land Size Sale price n/a Bedrooms 3 Floor size n/a

5 Ussher Place

$1,012,888 $1,300,000 CV Land Size Sale price 400 Bedrooms 4 Floor size n/a

7A Whiteacres Drive

$821,000 $1,000,000 CV Land Size Sale price Crosslease Bedrooms 2 Floor size 100

10 Wyman Place

$995,000 $1,150,000 CV Land Size Sale price 751 Bedrooms 3

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.

Meet the Team

I am pleased to take up the position of Manager of the Highland Park branch and look forward to growing its business. It was where I began my real estate career in New Zealand so it’s a bit like coming home.

My introduction to the industry was when I joined the team at Barfoot & Thompson Highland Park in 2011. It was the same year that I arrived in New Zealand from China. I loved selling and for six years I worked with the team at the Howick branch. For five of those years I was amongst the Top 25 salespeople overall, an achievement of which I am very proud.

With the diversity of the local market, it is important that you choose the right people to work for you. Our team of highly motivated sales staff is proud of their ability to match their clients with the right customers. We provide a complete range of real estate service combining expert rural as well as residential knowledge, complemented by a dedicated property management team.

As part of the Barfoot & Thompson network, we have immediate access to over 77 branches with more than 1,500 salespeople covering greater Auckland and Northland, as well as use of the Barfoot & Thompson website, barfoot.co.nz, which provides exposure to property listings 24 hours a day, seven days a week. We pride ourselves on being one of the most technologically sophisticated real estate companies in New Zealand. An advanced computer system manages listings, provides the public information with photographs on rental properties and informs on market trends, finance and general real estate topics.

If you are thinking of buying, selling or renting, give us a call. Our team can take you through the real estate process with a minimum of fuss.

Sales Manager

Property Management team

Residential Sales team

Kay Lin 021 571 027

Carrol Liu 021 286 3338

Muntaha Nissan 027 658 2909

Sumi Son 021 556 130

Juliet Wong 021 189 7868

Susan Zhao 021 588 320

Lisa Zuo 021 979 779

Sunny Liu 027 722 3339

Jak Sanders 022 048 9951

Sheehan Song 021 533 731

Leo Xia 021 663 048

Sunny Zhao 022 087 1832

Lena Shao 021 237 1383

Sara Song 021 819 281

Jenny Yang 022 538 0411

Jessica Zhou 021 578 076

Yinky Liu 021 160 0527

Kevin Shi 021 536 896

Soni 021 163 1151

Yu 021 530 789

Zhou 021 055 2816

Kitty Long 021 236 1033

Singh 021 212 3609

Wang 021 270 8880

Zhang 022 153 4058

Kevin Zhou 022 568 6288

Luo 021 178 4858

021 421 454

Wang 027 515 4909

Zhang 021 285 8488

Zhu 021 898 355

497 Pakuranga Road, Highland Park, Auckland 2010

Residential Sales 09 534 9042

Property Management 09 534 9240

Email highland@barfoot.co.nz

barfoot.co.nz/highland-park