Barfoot & Thompson | Millwater

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Welcome to our SOLD Millwater Market Report magazine for July/August 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.

Tony Carter and the Millwater team

Latest News

Auckland house prices hold firm through busy July

The start of winter has failed to chill Auckland’s property market, with July sales volumes up just over 9 percent on June’s figures and new listings up more than 14 percent month-on-month.

“This July we sold 957 properties across the Auckland region, which is the highest July sales total for four years. In fact, if you were to ignore the July sales figures for 2020 and 2021, which were unusually high due to falling between Covid lockdowns, this has been our strongest July for almost a decade,” says Peter Thompson, Managing Director of Barfoot & Thompson.

“The average sale price for the month of July was $1,100,355. This is around 2.5 percent lower than June’s average sale price, but broadly in line with the average for the first half of the year, which has remained consistent throughout.

“The median sales price for July was $950,000, 3.2 percent lower

than June’s median price and 2 percent lower than July 2024, but just ahead of the average for the previous three months.

“More than 46 percent of sales in July were transacted for over $1 million, making this our strongest July for seven-figure sales since 2021. Activity at the upper end of the market remained strong as we sold 51 properties over $2 million and 16 over $3 million – also our highest volume since 2021.

“Overall, the number of listings on the market has remained relatively consistent since February. With 1,605 new listings placed in July, the total number of homes on the market with Barfoot & Thompson salespeople as of the end of the month was 6,074. While this is below the listings high in March of 6,268, it is nevertheless the most homes we have had on the market in the month of July for more than 10 years.

“Outside of the city, there remains significant interest in the rural and lifestyle markets, with 33 sales accounting for a total sales value of just under $57 million. As was the case with June’s figures, this was the highest total sales value for a July for three years.

“From the city to the suburbs to the countryside, the market continues to offer lots of opportunity for vendors and purchasers with realistic price expectations.”

Peter Thompson Managing Director

Scan me To watch the Video

July 2025

Millwater area*

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

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 August 2024 to 31st July 2025, we sold 38% of all properties for sale in the area* including Millwater/Silverdale, Red Beach, Wainui (inc. Milldale) & Waitoki.

We sell across all price brackets and types of

Here’s proof why people continue to list and sell with Barfoot & Thompson.

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

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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 July 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

25 Ahorangi Road

$1,515,800

96 Arran Point Parade

$1,804,000

29 Bartlett Drive

$1,280,000

10B Blake Greens

$785,000

24 Cilliers Drive

30 Cilliers Drive

$1,429,000

4 Colonial Drive

$1,525,000

40 Colonial Drive

68 Colonial Drive

$1,610,000

14 Davey Crescent

158 Harris Drive

$1,450,000

7 Henl Lane

20

Hicks Road

42

Hicks Road

1/10 Johns Creek Crescent

17 Kaupeka Road

13 Kuhu Way

4 MacGregor Lane

39 Maryvale Road

41 Milldale Drive

377

Millwater Parkway

$1,348,500

34 Pekanga Road

51 Pohewa Road

9

Sibling Court

35 Sidwell Road

$1,200,000

20 Spark Road

3 Spars Road

17 Te Taruna Drive

27 Te Taruna Drive

$890,000

29 Te Taruna Drive

$976,000

48 Tipu Crescent

$1,300,000

61 Tipu Crescent

50 Tukutata Crescent

$1,500,000

4 Vue Terrace

$1,274,660

76 Wainui Road

9/40 Waiparaheka Drive

57 Waiwai Drive

$1,460,000 Sale price Land Size 494 4 Bedrooms

106 Waiwai Drive

$1,190,000 Sale price Land Size 320 4 Bedrooms

1 Watermill Lane

$1,024,800 Sale price Land Size 191 3 Bedrooms

10 Whao Lane

$1,075,000 Sale price Land Size 243 3 Bedrooms

$1,350,000 CV 214 Floor size

Selling Agency Harcourts

$1,125,000 CV 145 Floor size

Selling Agency Ray White

$1,025,000 CV 201 Floor size

Selling Agency

$1,050,000 CV 170 Floor size

Selling Agency Harcourts

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

11B Bay Street

11 Cambie Avenue

8A Eagle Place

$940,000

183 Hibiscus Coast Highway

$900,000

4 Jelas Road

41 John Dee Crescent

5 Laurie Street

67 Matija Place

5 Pohutukawa Avenue

49 Red Beach Road

$840,000 Sale price Land Size 809 3 Bedrooms

$940,000 CV 90 Floor size

53A Red Beach Road

$990,000 Sale price Land Size 275 4 Bedrooms

61 Symes Drive

$1,460,000 Sale price Land Size 602 4 Bedrooms

$1,075,000 CV 171 Floor size

Selling Agency Ray White

Selling Agency

$1,325,000 CV 240 Floor size Selling Agency Harcourts

184B Whangaparaoa Road

$1,227,632 Sale price Land Size 550 4 Bedrooms

Wainui & Waitoki

Rural/Lifestyle Sales

206 Ireland Road

$3,530,000 Sale price Land Size 49.73 ha n/a Bedrooms

213 Ireland Road

$1,300,000 Sale price Land Size 2643 3 Bedrooms

514 Waitoki Road

$1,868,000 Sale price Land Size 1.43 ha 4 Bedrooms

$1,100,000 CV 158 Floor size

Selling Agency Bayleys

$2,925,000 CV n/a Floor size Selling Agency Sotheby’s

$1,355,000 CV 160 Floor size Selling Agency Harcourts

$1,925,000 CV 222 Floor size Selling Agency Harcourts

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.

If it’s freezing it’s failing!

If it’s freezing it’s failing!

Landlords, sign up with us and warm up to a FREE Healthy Homes Assessment.*

Every rental in New Zealand must now legally meet the Healthy Homes standards – covering heating, insulation, ventilation, moisture, drainage and draughts.

Every rental in New Zealand must now legally meet the Healthy Homes standards – covering heating, insulation, ventilation, moisture, drainage and draughts.

Every rental in New Zealand must now legally meet the Healthy Homes standards – covering heating, insulation, ventilation, moisture, drainage and draughts.

Compliance means more than keeping you on the right side of the rules. It makes your property easier to manage, more appealing to tenants and better protected for the long run.

Compliance means more than keeping you on the right side of the rules. It makes your property easier to manage, more appealing to tenants and better protected for the long run.

At Barfoot & Thompson, we simplify the process. We’ll assess your property, manage any upgrades and keep things moving – so you stay protected and profitable.

At Barfoot & Thompson, we simplify the process. We’ll assess your property, manage any upgrades and keep things moving – so you stay protected and profitable.

At Barfoot & Thompson, we simplify the process. We’ll assess your property, manage any upgrades and keep things moving – so you stay protected and profitable.

Sign a Property Management Authority with us anytime between 1 July - 30 September 2025* and get a free assessment. Scan the code to find out more, *terms apply.

Sign a Property Management Authority with us anytime between 1 July - 30 September 2025* and get a free assessment. Scan the code to find out more, *terms apply.

Sign a Property Management Authority with us anytime between 1 July - 30 September 2025* and get a free assessment. Scan the code to find out more, *terms apply. Landlords, sign up with us and warm up to a FREE Healthy Homes Assessment.*

Compliance means more than keeping you on the right side of the rules. It makes your property easier to manage, more appealing to tenants and better protected for the long run.

Meet the Team

I have worked and resided in the East Coast Bays and Red Beach for my entire real estate career. I was initially selling residential and rural property throughout the North Shore and lower Rodney District until I was appointed manager of Barfoot & Thompson’s Torbay branch in 2008. Now I am thrilled to head the Millwater branch in this amazing growth area.

My father was an old school master builder from whom I learned building techniques and the entire building process from a very early age. I also spent many years in horticulture with lots of farming friends both in the Bay of Plenty and Kumeu. Prior to joining Barfoot & Thompson, I held senior management roles mostly with Fletcher Building, manufacturing building products in the composite wood panels, aluminium and steel

products divisions, and I also did a stint in the food-processing industry in Hawkes Bay. Experience and knowledge gained from my upbringing, rural business and professional roles, is a valuable resource I draw on when training and advising my sales and property management teams and their clients, as well as managing the real estate business.

Our sales and property management teams are high-performing, well-trained and hard-working professionals with vast skills and experience. The team is a cultural mixture that hails from New Zealand, Asia, Europe, Central and South America and also South Africa. Most live locally and they are experts in the local market. Our well-established, well-qualified and growing team, lead by property manager Tony Gibbs, is very highly regarded by their landlords and tenants. Based centrally in the Millwater hub, the branch is ideally situated to manage the sale and purchase, rental and management of residential, rural and lifestyle property throughout the Hibiscus Coast and Rodney District.

As a branch, we are committed to our local community. As well as the many charities that we support, we regularly assist and sponsor local schools, community groups and events in neighbourhood.

south to Kerikeri in the North, to view and have access to any of our listings as soon as they are released. There are no geographical barriers in our company so any of our salespeople, in any branch, can list and sell anywhere. The property management team uses a top of the range, fully integrated financial management system across their entire portfolio of properties.

Our systems and people are two of the key reasons Barfoot & Thompson sells more than one in every three Auckland properties and half the properties locally in the Millwater area.

Our clients also benefit from the fact that all listings are fully exposed on several major international property websites.

As well as the web, we can provide a customised marketing solution to suit any clients’ needs. It is not unusual for the first enquiries on a new listing to come from overseas.

Barfoot & Thompson continually wins many national and international awards; it’s great to be recognised for the high standards by which we operate. We understand property, the market, trends and its influences, as do many property owners and landlords throughout our area.

Whether you or anyone you know has any real estate need, be it selling, buying, renting, property management or just some advice, then without obligation please call me or one of our team and watch us roll into action. Tony Carter

Not being franchised, our branch is supported by Barfoot & Thompson’s sophisticated computerised listing system that enables all of our salespeople across more than 77 branches, from Waiuku in the

Property Management team

Residential / Rural Sales team

Mary Cocker 021 027 87636

Coralie Lush 027 360 2345

Rojin Roy 027 522 1212

Sindy Xiong 021 152 1117

Flora Feng 021 286 6625

Lavashnee Naicker 021 2433 155

Steven Su 022 573 2219

Hugo Yu 021 024 68345

Tina Hao 0276 885 886

Perez 021 182 6329

Ivy Wang 027 374 4030

Milu Zhao 021 297 6030

Frank Li 021 036 8990

Qin 027 204 0022

Leo Xing 021 183 6836

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