Barfoot & Thompson | Millwater

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Welcome to our SOLD Millwater Market Report magazine for

October/November 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.

Harvey Zhang and the Millwater team

Latest News

Auckland’s House Prices Stable In October

The Auckland residential housing market’s price stability continued in October, with the median selling price increasing to $950,000.

“While October’s median selling prices increased by 2.2 percent during the month this is not an indication prices were on the move, rather it is a signal that prices are stabilising around the $950,000 mark,” said Peter Thompson, Managing Director of Barfoot & Thompson.

“Buyers are not yet prepared to put aside their caution.

“It does point to the market having reached a sound price base, and one from which it can face the summer trading season with growing confidence.

“The Auckland market is still waiting for a recovering economy to give it that final push.

“The average sales price for October at $1,079,030, was

within 1 percent of September’s average price, and it too has been stable for 3 months.

“Sales numbers at 930 for the month were down 9.9 percent on those for September, and 4 percent lower than in October last year but it still represents a solid month’s trading.

“Sales in the under $750,000 price category continue to have a strong pull on the median price, with a quarter of all sales in the month falling into this price category. Two years ago, they represented only 16 percent of sales in October.

“It underlines the influence lower cost town houses and apartments are having on the nature of Auckland’s housing stock, and median and average sales prices.

“The arrival of spring has seen the traditional strong rise in new listings with 2167 new properties being listed, an increase over

those for September of 21.7 percent.

“At month’s end we had 6024 properties on our books, the highest level in 3 months.

“The rural and lifestyle markets experienced modest trading during October, with sales turnover of $38 million being the lowest month’s trading this year.”

Peter Thompson Managing Director

October 2025

Millwater area*

$1,310,000

$1,300,000 TOTAL SALES October 2025 65 + 2 Rural/Lifestyle Sales, Total 67 October 2024 52 + 2 Rural/Lifestyle Sales, Total 54 25%*

* Total monthly sales up/down compared to the same period last year.

Share and Figures

Millwater & Silverdale

Red Beach

Wainui & Waitoki

Overall Market Share

Over the last 12 months, Barfoot & Thompson sold more property in our area than any competitor.

For the period from 1st November 2024 to 31st October 2025, we sold 35% of all properties for sale in the area* including Millwater/Silverdale, Red Beach, Wainui (inc. Milldale) & Waitoki.

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.

Red Beach Silverdale & Millwater Torbay & Waiake Wainui & Waitoki Orewa

Energy-efficient homes

Source: theage.com.au

Easy Ways to Make Your Home More Sustainable.

Everyone wants to live in a warm, dry house - without the alarming monthly power bill. By making a few small adjustments, you can make your property warmer, drier and more energy efficient - all on a budget that can adapt as you go on.

How do you switch from gas to electric in your home

For decades, gas was promoted as a cheap, clean, “natural” source of power: stored sunshine.

Almost overnight, though, this fossil fuel is less popular: recognised as a major contributor to climate change, increasingly expensive and a potential health hazard in the home.

With gas now on the nose, the trend is New Zealand`s householders are switching to green electricity.

Where do you start?

The electric heat pump is a technology relatively new to New Zealand and Australia.

Germany, in contrast, is considering banning gas boilers entirely in new buildings, with heat pumps likely to be the main replacement due to their higher efficiency.

Costing between $2500 and $5500, depending on brand and capacity, electric heat pumps work a lot like a fridge in reverse,

gathering heat from the outside air and transferring it to water in a storage tank. They are much more efficient than old-style electric and gas water heaters and can cost very little to run when drawing power during the day from a home’s solar panels. If replacing your gas hot water right now is impractical, you could make a start with some passive improvements to reduce your energy usage, which are generally easy and relatively cheap.

What can you change in the kitchen?

Once you have reverse-cycle heating and cooling and heat-pump hot water, next comes the kitchen: replacing a gas cooktop with an induction hotplate.

For many, this can prove the biggest hurdle.

For generations, cooking with gas was considered superior to electric: instant heat that could be carefully controlled, far more responsive than the old-style electricelement cooktops.

What we have not known about gas, though, is its less-than-virtuous risk to health, especially our children’s.

Burning it in our kitchens, fills the air with pollutants that can be absorbed into the bloodstream.

Induction cookers produce zero emissions (in the home, at least) and are more efficient than gas – proving faster to boil a pot of water, for example.

The psychological barrier is understanding how they work. Induction cooktops – short for electromagnetic induction – generate a constantly changing magnetic field that transfers an electric current into metal cookware, heating it.

Efficiency Tips

• Seal draughty windows and external doors with weather stripping and automatic door seals for a few dollars from your local hardware store.

• This is basic, but draw the curtains or blinds at night in winter to keep heat inside.

• Block up the chimney if you don’t use the fireplace.

• In old homes, cover the wall vents.

• If you have a reverse-cycle air conditioner already, then you’re at least part of the way towards turning off the gas heating.

Digitally controlled cooking gives the ability to maintain exact temperatures and set timers, with no pan on the surface they stay cool and safe for children and pets, and they are easy to clean; although this is an important change that may cost money and effort, it will last for years and will make your kitchen ecofriendly. If not sure, as a first step you could test the water with a portable single-burner unit from under $100, which plugs into a normal socket.

Source: theage.com.au

So, you’ve turned off the gas. What next?

You may find the journey to electrification also encourages you to improve your home’s efficiency in other ways.

First steps typically include a rooftop solar panel array and new or better insulation in the roof and under the floor for homes on stumps, which are reasonably affordable upgrades, from a few thousand dollars depending on the type of material used, such as natural wool, and the size of the home.

Then there are the major purchases: double glazing, house batteries, electric cars that can potentially reverse-power your home, and renovations or new builds designed to be as energy efficient as possible. But you don’t need to have unlimited funds, alternatives like relying on fireplaces, electric stoves, getting materials from recycling centres, etc. It is about getting off gas and then slowly upgrade appliances or buy new improvements to your home.

New Zealand’s government is developing a plan for managing the gas industry’s transition to a low emissions future, while Auckland’s council has a complete guide and online resources to create a healthy, energyefficient homes. Click here to learn more.

Committed to being the best real estate agency around.

Recognised with 6 awards at the 2025 REINZ Awards for Excellence

• Residential Property Management Office of the Year - Small - Swanson

• Residential Office of the Year (Sales Volume) - Small - Glendene

• Residential Office of the Year (Sales Volume) - Medium - Millwater

• Residential Office of the Year (Sales Volume) - Large - Howick

• Community Service Award - Large - Barfoot & Thompson

• Agency of the Year (All Disciplines) - Large - Barfoot & Thompson

4 prestigious Five-Star Awards at the 2025-2026 Asia Pacific International Property Awards

• Best Real Estate Agency Over 20 Offices

• Best Real Estate Agency Single Office (Howick)

• Best Lettings / Rentals Agency

• Best Real Estate Agency Marketing

our accolades or visit:

Recent

Sales

The following pages show a summary of sales in Millwater, Silverdale, Red Beach, Totara Views, Wainui & Waitoki made by all selling agencies during October 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. Scan me to view our recent sales

Millwater, Milldale & Silverdale

21 Ahorangi Road

6 Ahutoetoe Road

67 Andrew Jack Road

46 Archibald Drive

50 Archibald Drive

123 Argent Lane

71 Bankside Road

4A Breeze Lane

$1,080,000

60 Butler Stoney Crescent

81 Colonial Drive

6 Davey Crescent

19 Fennell Crescent

11 Grapnel Street

$1,237,000

Drive

Drive

4 Henl Lane

47 Henry Tayler Rise

32 Hinonga Loop

23 Kaupeka Road

1 Kelly Greens

13

Memory Lane

2

Old Mill Road

$2,000,000

21 Parkland Loop

17 Pekanga Road

27 Pekanga Road

37 Pekanga Road

$1,447,000

2

Pitsaw Lane

11 Pohewa Road

25 Pohewa Road

29A Pohewa Road

20 Pommes Way

31 Prospect Terrace

11 Seafort Lane

85 Skulander Crescent

15 Te Taruna Drive

57A Te Taruna Drive

57B Te Taruna Drive

59A Te Taruna Drive

59B Te Taruna Drive

7/299 Te Taruna Drive

$865,000

1/380 Te Taruna Drive

8 Tipu Crescent

22 Tipu Crescent

50 Tipu Crescent

41 Tukutata Crescent

60 Tukutata Crescent

$1,350,000

61 Tukutata Crescent

62 Tukutata Crescent

$1,350,000

64 Tukutata Crescent

$1,270,000

72 Tukutata Crescent

102 Tukutata Crescent $1,350,000

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.

Red Beach & Totara Views

Bay Street

33 Cambie Avenue

22 John Dee Crescent

5 Kuku Avenue

Marie Avenue

26 Matheson Road

Odlin Lane

Odlin Lane

24 Seamount Drive

34 Symes Drive

104 Symes Drive

45 The Grove

9B William Bayes Place

$860,000

Wainui & Waitoki

Rural/Lifestyle Sales

29 Capstone Grove

974 Kahikatea Flat Road

176 Valley Road

SIGNED. SEALED.

Celebrated!

Meet the Team

I first joined Barfoot & Thompson in 2015 and quickly built a reputation as one of the region’s leading salespeople. My career has since included management roles, along with a rewarding tenure supporting and developing the Browns Bay team as Assistant Manager.

I’m now proud to be leading the Millwater branch as Branch Manager. With a strong connection to the local community, I bring both extensive industry knowledge and a genuine passion for people development.

I’m committed to building a thriving sales team and positive culture by providing guidance, training and motivation. I believe that investing in people is the key to achieving lasting success.

Before entering real estate, I established two successful IT companies. With a keen interest in innovative technology, I continue to explore fresh ideas that enhance productivity and efficiency.

While real estate is very much a team effort, I also believe in supporting each individual to reach their full potential. At Barfoot & Thompson, it’s important to me that everyone feels confident in their ability to succeed in a competitive environment.

Real estate brings me immense satisfaction, and so does nurturing the growth of others. This role perfectly combines those two passions, and I look forward to making a meaningful difference for both my team and the community.

Property Management team

Residential / Rural Sales team

Mary Cocker 021 027 87636

Brianna Liu 021 596 888

Rojin Roy 027 522 1212

Leo Xing 021 183 6836

Roy Dong 021 068 8280

Coralie Lush 027 360 2345

Mia Shi 027 666 5548

Sindy Xiong 021 152 1117

Flora Feng 021 286 6625

Jason Meng 021 053 5987

Steven Su 022 573 2219

Yiz Yin 021 230 9268

Tina Hao 0276 885 886

Naicker 021 2433 155

Bobby Sundarajan 021 051 2769

Yu 021 024 68345

Lana Hong 021 160 7802

Perez 021 182 6329

Tong 021 166 9548

Zhao 021 297 6030

Li 021 036 8990

027 204 0022

Wang 027 866 9688

177 Millwater Parkway, Millwater, Auckland 0932

Residential Sales 09 426 6773

Property Management 09 426 6774

Email millwater@barfoot.co.nz

barfoot.co.nz/millwater