ISSUE 51 | March 2026
REALONE Proudly Brought to you by Wayne & Anya
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Ray White
New partnership set to drive growth at Ray White Mission Bay
Inspiration
How to make your kitchen work for your lifestyle
Resene
Make waves with water-inspired design
Contents 05.
14.
New partnership set to drive growth at Ray White Bays offices
Resene: Make waves with water-inspired design
06.
22.
How to make your kitchen work for your lifestyle
What's happening in the market, local area statistics
10.
31.
Who's calling the shots when there are nearly 36,000 homes for sale?
Properties for sale
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Welcome New Zealand’s economic outlook in early 2026 is being shaped by a combination of domestic political uncertainty and escalating geopolitical tensions overseas. With questions around the performance of the current National-led government and rising conflict involving Iran in the Middle East, businesses and investors are facing a more cautious and unpredictable environment. The conflict has already disrupted global energy markets and pushed oil prices higher, adding further pressure to inflation and economic stability worldwide. Businesses, investors, and policymakers will be watching closely to see whether tensions overseas ease and whether domestic economic policies begin to generate stronger economic growth. Until then, we are likely to see a period of economic caution. The current real estate market reflects this sentiment. Activity across the market is somewhat reserved; however, credit should be given to both vendors and buyers because the market is actually proving to be relatively stable. Days on market are slightly longer, and buyers are taking more time to carefully consider their property choices. At the same time, vendors who are realistic and sharp with their pricing strategies are achieving successful sales and, in many cases, quickly changing hats from sellers to buyers themselves. While the Middle East and New Zealand’s political landscape may remain unpredictable, one thing that can currently be predicted is a steady and stable real estate market.
Ray White Mission Bay
33 Tamaki Drive rwmissionbay.co.nz
Ray White St Heliers
10 Polygon Road rwstheliers.co.nz
Ray White Kohimarama
5 Averill Avenue rwkohimarama.co.nz
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New partnership set to drive growth at Ray White Bays offices Ray White Mission Bay, Kohimarama & St Heliers is entering a new chapter, with Ray White Eastern Group business owner Anton Huang joining forces with Mission Bay business owner Wayne Maguire. Ray White Eastern Group comprises offices in Howick, Botany Town Centre, Flat Bush, Half Moon Bay, Pakuranga and Beachlands; while Ray White Mission Bay includes Kohimarama and St Heliers. The collaboration brings together two experienced leaders in Auckland’s eastern suburbs, linking Ray White’s strong presence across east Auckland with the highly regarded Ray White offices in the central eastern bays. Mr Huang said the opportunity grew out of a long-standing professional relationship and mutual respect between the two business owners. “I’ve had a very good relationship with Wayne over the past few years,” Mr Huang said. “Just before Christmas we spoke about his intention to find a strong partner who could bring additional value to the business and help take it to the next level. “Given our connection, it felt like a natural opportunity for me to expand my own business and work alongside Wayne in a joint venture.” While Mr Huang had not historically focused on the Mission Bay and St Heliers area, the partnership presented a natural extension of his existing east Auckland network. “We currently operate across east Auckland with six offices from Howick through to Beachlands,” he said. “This is the natural progression for us to extend further along the coastline into the eastern bays. It allows us to connect the entire east Auckland and coastal market, which makes a lot of sense strategically.” Mr Huang said his team’s established support structure would help strengthen the group's business as the partnership develops.
“We’ve built a very strong support structure in our current business, and we can leverage that to add significant value to this new venture,” he said. “In the first 12 months, the focus will be on settling in, understanding what works well within the existing business, and identifying opportunities to strengthen it further. “From there, we want to grow market share and build a strong foundation for the future.” Mr Maguire said the partnership had been several years in the making. “Our partnership is the result of meeting Anton a few years ago and developing a huge respect for the way he thinks about people and business. Things evolved from there,” Mr Maguire said. “I’ll continue to have the day-today responsibility of looking after the team, but bringing Anton into the business adds additional strength and expertise to the group.
“It will inject new energy into the business. At different stages, every business benefits from fresh energy and new perspectives, and this is the perfect time for us.” Ray White New Zealand chief executive Daniel Coulson said the partnership reflected the strength of collaboration within the Ray White network. “The importance of quality leadership cannot be overstated. Anton is a highly respected leader within the Ray White group and across the broader industry,” Mr Coulson said. “This opportunity brings together his complementary strengths and skillset for the benefit of our existing businesses and members in the central eastern bays. “We’re excited to support the opportunities this alignment will create for their teams and their clients as they continue to grow their presence across Auckland’s eastern suburbs.” REAL ONE 5
How to make your kitchen work for your lifestyle Source: yourhomeandgarden.co.nz
Whatever you love should be reflected in your interiors, and made brighter for it. There’s no point in creating a beautiful kitchen if it’s not centred around your way of life. Maybe you have kids to consider, or an eyewatering amount of pickle jars to store (trust us, we do). Whether your Friday nights are romantic, pasta-slurping affairs or your Sundays are reserved for military meal-prepping and plotting the week ahead, we’ve got your dream kitchen all mapped out, including the tiles, appliances and surfaces to make every day perfect.
5 Kitchen design ideas: 1. Saturday morning pancakes: Your kitchen is centred around joy Imagine warm wood tones and wipe-friendly surfaces – perfect for letting little ones experiment. There are loads of bright colours, from appliances to tapware, but by sticking to tonal palettes, such as jewel or pastel hues, you can keep the space sleek and stylish. You’ll want big, wide benches and plenty of bar seats for pancakeeaters to chat about everything and anything. Think induction cooktops for ease and lots of baking gadgets for weekend-long fun.
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2. Friday pasta date night: Your kitchen is centred around romance It’s dark and moody and just a little bit sexy, so mood lighting is key—gold taps, copper pans, and metallic finishes throughout. You’re not afraid to make a big statement with a marble splashback and benchtop. But really though, it’s all about those gorgeous, lavish appliances that turn every evening into date night. Treat yourself to a pasta maker and finish off with an espresso machine as a nightcap for all those glasses of red wine consumed through a three-hour cooking session.
3. Sunday meal prepper: Your kitchen is centred around organisation It’s a place to relieve stress and realign yourself for the coming week. You want big, wide shelves and a butler’s pantry to stock all your bits and pieces. A good fridge is key to shelving all of your meal-prep masterpieces – if you want to splurge a bit, look for one that lets you connect to your phone to help manage todo lists and even buy food online. A microwave upgrade and a generous sink won’t go astray here either.
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4. Weeknight relaxer: Your kitchen is centred around serenity Think white and green tones for that luxe spa vibe, with trend-setting zellige tiles thrown in for good measure. You adore eating out, but when you do cook at home, you want it to be simple and serene. A beautiful tap and kettle for lots of cups of green tea, a state-of-theart dishwasher, and an air fryer for ease. The look of the kitchen is very important, so invest in quality surfaces and keep the layout basic. When you do reach for cookware, you want pieces that’ll make the cooking luxurious and interesting, so indulge in tools such as a teppanyaki grill and a mortar and pestle.
5. Everyday culinary whiz: Your kitchen is centred around a love of cooking No chef can do their best work without the best knives, so splurge on a good set that you’ll sharpen regularly. Gas cooktops, sous vide cookers and stand mixers are all guilty-pleasure buys that you’ll cherish for a lifetime. You’re a self-confessed stainless-steel lover, but that doesn’t mean you can’t introduce colour and warmth through tiles and cabinets. Have hanging storage for pots and pans, shelves for cookbooks and a few other gadgets just for fun. Bon appetit.
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The Summer Burger Recipe by Sarah Tuck, Source: dish.co.nz
In our books, all a great hamburger needs is an epic patty, grunty mayo and a fried egg. Serve with lots of napkins and chilled beer.
MAKES: 4 INGREDIENTS
METHOD
BURGERS • 450 grams each good-quality beef mince and pork mince • ½ cup panko crumbs • 1 large egg • 2 tablespoons each American mustard and finely chopped gherkins • 2 teaspoons each ground cumin and sea salt • 1 teaspoon smoked paprika oil, for cooking • 4 slices aged cheddar
BURGERS: Mix all the ingredients in a large bowl until well combined. Hands are best for this. Form into four patties slightly larger than the bun as they will shrink on cooking. Make a small indent in the centre of each with your thumb. Heat a little oil in a frying pan over a medium heat and cook the burgers for 3 minutes each side. Top with the cheddar slices and cover with a lid to melt the cheese.
MAYO • ½ cup good-quality egg mayonnaise • 2 tablespoons finely chopped gherkins • 1 tablespoon each capers, chopped, sriracha chilli sauce and American mustard • ½ teaspoon sea salt TO ASSEMBLE • 4 burger buns, halved, toasted and buttered • handful salad leaves American mustard • 1 cup purchased caramelised onions • 4 fried eggs
MAYO: Stir everything together in a bowl. TO ASSEMBLE: Spread the bun bases and tops with mayo. Layer the bases up as follows: salad leaves, patty, mustard, onions and then an egg. Add the tops and serve immediately.
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Tony Alexander: Who's calling the shots when there are nearly 36,000 homes for sale? Written by Tony Alexander, Source: oneroof.co.nz
As the investors recede into the background, the field will clear for young Kiwi buyers. First-home buyers have been the main drivers of the residential property market since early 2023. Based on the data I'm getting from my various monthly surveys, they will continue to be a dominant influence for the remainder of this particular housing cycle. I ran through a list of 16 reasons why the net upward pressure from investors applied to house prices and turnover since the middle of the 1990s has now gone. That doesn't mean all investors have disappeared – just many of those who have been driven primarily by FOMO or hopes of strong capital gains and who have little experience of property investment. Those who treat investing in property as a business and who focus on cash yield rather than capital gains will remain, and more of them will appear. But they, like young buyers, will be able to enjoy a market that's no longer troubled by panicked purchasers. I can see this quite strongly from my latest survey of real estate agents. This is a survey I have been running each month since April 2020 during the first Covid lockdown. Back then in 2020 we saw the likes of 90% of agents saying buyers were driven by FOMO. At the peak a net 59% said they were seeing more investor buyers and a net 77% said the market was in favour of sellers – a seller’s market in other words. Now, a net 23% say that they are seeing fewer people looking to purchase property as an investment and a net 37% say we are in a buyer’s market. If I stopped writing here or you were to stop reading, then you’d be left with the impression that the investment part of the market is on the weak side. You’d be right, but you’d miss the most significant development currently underway. Ever since young buyers began driving the market in 2023, there has been an expectation that investor buyers would follow. But a lift in investor demand in the second half of 2023 quickly faded away, as did a similar rise late in 2024 as mortgage rates started falling. Late last year, as people became more optimistic about where the economy was headed, and the Reserve Bank cut interest rates by another 0.75%, there was only a mild new lift in agent observation of more people looking to buy investment property. REAL ONE 10
But over the most recent four-week-period the net proportion of agents seeing this fell to the net 23% mentioned above from a net 6% at the end of January. Exiting summer, the towel has been thrown into the ring by those hanging out for an investor surge now that mortgage rates have started erratically going back up again, with further rises expected later this year. This is leaving the field clear for first-home buyers to choose from the near-36,000 properties on the market for sale. This is good news for the potential ability of our country to offer a home-ownership route for the many young people contemplating a shift across the Tasman. This may especially be the case because there is renewed upward pressure on house prices in Australia, and the relative bargains that used to be available in the likes of the outskirts of Brisbane are no longer there. But before any of us get too optimistic about a decent reduction in our net loss of young people, this interesting point should be noted. Property management companies are noting increased business from recent young buyers of property placing their properties with them for management as rentals while they relocate to Australia or further afield to earn higher salaries for a few years.
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Vintage, antique, or just old? How to tell the difference Written by Saskia Neacsu, Source: yourhomeandgarden.co.nz
The lines are blurrier than you might think, which is why we asked lauded experts to weigh in.
The vintage juggernaut has momentum for a reason. It has always been utterly cool and likely always will be – there is nothing quite like the theatre of a good find. Someone recounts unearthing a chair from a regional auction, a sideboard salvaged from a grandmother’s garage, or a table pulled from a kerbside clean-up and restored to its former glory. Rightfully so, it deserves to be flaunted. However, often then comes the line that lands with equal parts pride and provocation: it’s vintage. To most people’s dismay, it’s a phrase that signals scarcity, provenance and, crucially, that this is not something you can simply add to cart. Yet in a design landscape where “antique” and “vintage” are often used interchangeably – and, honestly, sometimes lazily – the distinction matters more than ever. According to dealers and designers alike, understanding where one ends and the other begins is not about semantics but about value, context and longevity. In a bout of curiosity, we turned to lauded experts Bronte Taton of Cleo Collects and Jeremy Bowker of The Vault to talk all things vintage – and antique. REAL ONE 12
What does vintage actually mean? Vintage has perhaps been confused within the last few years, with people grasping at straws – applying the term to anything with even a remote hint of degeneration. However, “generally speaking, vintage refers to objects and furniture that sit somewhere between 20 and 100 years old. They’re old enough to belong to a distinct design moment, but not quite old enough to be classified as antique,” says Bronte Taton. “In practice, however, vintage is less about a rigid date range and more about design intent and context. At Cleo Collects, we think of vintage as objects that clearly reflect the thinking of their time. A 1960s brutalist coffee table, for example, tells a story about post-war rebuilding, material scarcity, and a return to intentional, functional design,” shares Taton. “These pieces weren’t made to be precious in the way many Art Deco or early 20th-century objects were; they were made to be used. That practicality is likely why so many of them have survived.”
Notably, vintage has become shorthand for choosing furnishings and fixtures with character, rather than opting for perfection. There is herculean beauty in reaching for wear, patina and small irregularities. They are a testament to an object’s pre-dating life and are more than willing to keep going. As Taton explains, “Many of the pieces we source, from French mid-century seating to Italian lighting, were produced in small workshops or limited runs, often by makers whose names weren’t widely known at the time, but whose work still feels relevant today. There’s a clarity and restraint to these objects that modern manufacturing sometimes forgets.” How does vintage differ from antique? As for antique, they are ” technically defined as objects over one hundred years old, a category that now includes early Art Deco furniture, despite such pieces often feeling culturally modern. Beyond age, antiques are valued for the quality of their craftsmanship, materials, and patina,” adds Jeremy Bowker. “I think antiques, unfortunately to some, are defined by poor-quality reproductions or grandma’s formal room full of brown furniture not to be touched and thus conservatism. By contrast, vintage design has experienced a cultural renaissance. Made for modern living, vintage pieces are typically more compact, adaptable, and aligned with contemporary lifestyles.” “Culturally, the difference is less about dates and more about how we live with these objects. They’re collected with an awareness of provenance and lineage. History first, function second. A 19th-century French farmhouse table or a sculptural confit pot carries the weight of time; its age and provenance are felt immediately,” Taton adds. In contrast to vintage, which acts as a “conversational entry point into design history.
It allows people to engage with the past without formality or the need to understand specific eras or movements. It feels human and approachable.” What are some examples of vintage and antique design? Set against the ornament and optimism of Art Deco, post-war vintage design is characterised by restraint. Where Deco celebrated craftsmanship as spectacle, furniture from post-war France, Belgium and Italy – periods Cleo Collects notably revisits often – prioritised solidity, tactility and function. Designers such as Guillerme et Chambron and Audoux-Minet conceived oak chairs, rattan accents and weighty storage pieces where material came to the fore and durability was valued – qualities perhaps shaped by the realities of rebuilding. By the 1970s and 80s, the rise of plastics and new technologies vacillated, once again veering towards modularity, neon palettes and mass production, a testament to the changing attitudes to living and consumption. “What I believe these movements ultimately show is that design is almost always a response. The most lasting pieces weren’t trying to be timeless; they were simply honest representations of their moment and environment,” concludes Taton.
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Make waves with water-inspired design Source: oneroof.co.nz, Sponsored by Resene
You can warm it up, cool it down or drench your interior in nature. Earthy shades have long been popular in our interiors. Muted warm shades of brown, cream and greige are a simple way to connect our homes to nature and play in a more varied neutral colour palette. But there’s another elemental source of inspiration that can drench your spaces in nature - water. From cool and airy to beachy and chill to moody and sophisticated, there is a water-inspired look to suit your interiors. While water does immediately turn our attention to a classic nautical blue like Half Resolution Blue, greys, teals, powder blues and deep greens can also work beautifully to create water inspired spaces. Water features While colour is a great place to draw inspiration from, Resene colour consultant Hannah Lynch says other aspects of water such as light, pattern and movement are just as important. “My mind goes to intricate patterns of water and its colours dancing in different lights. I would play with using different linear patterns and abstract shapes, looking at fabrics, washes and wallpapers,” Hannah says. She suggests wallpaper designs like Resene Wallpaper Collection FJ020216 or Resene Wallpaper Collection 39659-1, or Resene Context curtain fabric in Hydra, as simple ways to start bringing touches of a water theme into a room. Visual texture can be another way to capture the constant movement of water or its blurring or shimmering effects on other materials. For example, you could create a watercolour-style feature wall using FX Paint Effects Medium mixed with a palette of soft pastel and neutral shades such as Castaway, Gunsmoke, Martini, Silver Chalice and Double Alabaster.
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THIS BEAUTIFUL RAG-FINISHED MURAL EVOKES THE BEAUTY AND MOVEMENT OF THE SEA.
There’s no need to keep to the colours of water as your water inspiration comes from the soft, watered edges of your different paint colours to give a relaxed, soothing finish. How to: To create your watercolour feature wall, first paint your basecoat in a mid-toned shade such as Castaway. Mix your other colours individually in separate containers with FX Paint Effects Medium.
You could also add Hot Weather Additive to slow the drying time allowing you more time to work. Start from the bottom and brush rough, different width stripes of each colour, one at a time, for a soft, organic look. After each colour is applied, dip a wide clean brush in water and blend the edges of each stripe so the colours blur together. You can use a similar technique to create a wall mural inspired by a blustery sea, by painting your wall in a basecoat of White Pointer. Start by painting your wall with a basecoat of White Pointer. Then apply layers of blues and neutrals like Half Breathless, Half Dusted Blue, Seachange, San Juan and Soothe mixed with FX Paint Effects Medium. Start with the darkest shades first and apply layers of colour using a roller to create swirls and waves. Use a rag to smudge and merge edges.
WATER-INSPIRED OCEAN BLUES AND FRESH CREAMY YELLOWS BRING NATURE INDOORS TO THIS DINING ROOM.
Colour combinations to try “When it comes to choosing colours for a water-themed design, start by exploring monochromatic tones of blue, black and grey with accent tones of yellow and green for a balanced nature-inspired space,” Hannah says. She suggests trying the fresh crystalline blue of Halcyon with pastel Gull Grey and charcoal Baltic Sea. Add accents in soft biophilic green Orinoco and rich cream Triple Pearl Lusta. These soft shades will lend a room the soothing calm often associated with water. The muted nature of these colours also means they work well if you’re looking for an almost-neutral palette that adds just a few touches of gentle colour, rather than dramatic sweeps of bright shades. That said, there is plenty of room to experiment with bolder palettes when working with water as your creative spark.
COASTAL COOL SEA BLUES LEND ELEGANCE TO A BEACHY BEDROOM.
For the feel of a moody, stormy ocean try deep rich blues like Coast or Indian Ink, warm teals like Casal or Balderdash or even dark greens like Swamp and Aquamarine for a sense of deep, still water. REAL ONE 15
Add freshness to these bold shades with foamy whites and neutrals like Half Chill Out and White. It might seem a surprising choice but adding in notes of delicate lavender or pastel purples like Lola and I Do lend a dreamy feel to your colour scheme, reminiscent of the sun setting over water. Try them with muted grey-blues like Powder Blue and Milk White from the Karen Walker Paints collection. To create a more sun-drenched, beachy vibe, look to lighter, brighter blues reminiscent of tropical seas like Sail or Anakiwa and pair with delicate, sunny yellows like Pale Prim or, for alpine lake freshness try them with icy blue Tranquil or offwhite White Pointer. Warm it up One thing to keep in mind when working with water-inspired colours, particularly paler blues and greens, is that they often have cooler undertones. This can be just the right feel in sun-soaked spaces or any room you want to feel crisp and fresh. REAL ONE 16
WATER-INSPIRED NEEDN’T BE RESTRICTED TO CLASSIC BLUES. RICH TEAL BRINGS TO MIND THE DEEP STILLWATERS OF A LAKE.
Think cornflower blue Relax with Panorama in a bright, warm bathroom, for example. Hannah says it can be particularly tempting to go for brighter blues in small, dark rooms thinking they will make the space feel bigger, but they can leave the space feeling chilly, particularly if the room is south-facing with little natural light. “Instead, introduce a strong, complex blue like Shadowy Blue or Conch because it will naturally warm a space even if it is a cooler colour. “If you’re unsure about going a darker colour and want to make the space feel light, you can always opt for a light neutral on the walls, perhaps with warm and sandy undertones like Half Sandspit Brown, then introduce colourful hues as accents.”
Being beside or near water has inspired some enduring classics in interior design style such as the navy, white and bare wood finishes of the Hamptons style and the weathered blues and creams of a relaxed beachy look, but if you think beyond the obvious combinations a water-inspired design can lead to something uniquely you. If you need help choosing colours that work for your water-inspired look, come in and visit your local Resene ColorShop, Ask a Resene Colour Expert free online, www. resene.com/colourexpert or book a Resene Colour Consultation free instore or virtually or a paid home visit in selected areas, www.resene. com/colourconsult.
Marshmallow Slice Recipe by Sarah Tuck, Source: dish.co.nz
A Kiwi classic with a twist! I’ve combined my love for an Anzac biscuit base with a fabulous marshmallow slice. METHOD EQUIPMENT: Line a 20cm square tin with baking paper. Preheat the oven to 180°C regular bake. BASE: Combine the butter, brown sugar and golden syrup in a pot over a medium heat. Once the butter has melted, remove from the heat and stir in the dry ingredients. Press the mixture into the base of the prepared tin and bake for 20–22 minutes or until golden. Set aside to cool for at least an hour. MARSHMALLOW: In a small pot, combine the caster sugar, water and gelatine powder. Stir over a medium heat for 5–8 minutes until the sugar and gelatine has dissolved. Set aside for 30 minutes. Transfer the mixture to a large bowl or the bowl of a stand mixer, add the vanilla and with a whisk attachment or hand beater, beat the mixture for 10 minutes until fluffy and white — similar to stiff meringue peaks. Add the food colouring and beat again. Grease the sides of the tin, with the base in it, with a little oil (this will make it easier to peel the slice off the baking paper) and dab the top of the oat and coconut base with a paper towel to remove any excess fat. Pour the marshmallow over the base, spread out evenly and top with sprinkles. Chill in the fridge for 4–5 hours or until firm. MAKES: 25 SQUARES
Cut into 25 squares and keep in an airtight container. Makes 25 squares.
INGREDIENTS OAT AND COCONUT BASE • 160 grams salted butter • ¾ loosely packed cup (95 grams) soft brown sugar • 2 tablespoons golden syrup • 1¾ cups (180 grams) rolled oats • ½ cup (40 grams) desiccated coconut • 1 cup (150 grams) plain flour
MARSHMALLOW • 1 cup (250 grams) caster sugar • 1 cup (250ml) water • 1 tablespoon gelatine powder • 1 teaspoon vanilla bean paste • 1–2 drops food colouring • sprinkles
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Meet our team
Anton Huang
Principal/Director
021 520 523
Cathy Roselli
Wayne Maguire
Managing Partner & Licensee Agent
027 422 3377
Christine Kahn
Licensee Salesperson
Licensee Salesperson
Gerry Smutz
Jackie Dragicevich
0275 203 980
021 657 521
021 750 454
Licensee Salesperson
Lesley Harris
Licensee Salesperson
0274 935 498
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027 477 4407
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Nadine Wilson
Licensee Salesperson
021 916 626
Anna Stephenson
Licensee Salesperson
021 393 565
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027 250 9417
Jono Barton
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027 919 4944
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Licensee Salesperson
021 731 023
Bryce Holmes
Licensee Salesperson
021 908 293
Ester Kanaway
Licensee Salesperson
021 523 637
Judith Everitt
Licensee Salesperson
021 2777 844
Peter Coker
Licensee Salesperson
021 666 203
Ray White Mission Bay, Kohimarama & St Heliers are experienced real estate professionals committed to providing you with the best possible service.
Rain Diao
Licensee Salesperson
021 066 4976
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Licensee Salesperson
021 840 700
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Licensee Salesperson
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Licensee Salesperson
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021 131 2018
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Licensee Salesperson
Elizabeth Ling
Licensee Salesperson
021 383 939
Rushmi Mahmud
Licensee Salesperson
022 182 2122
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Licensee Salesperson
Martin Ma
Licensee Salesperson
0277 888 365
Dave Tomu
Licensee Salesperson
021 960 702
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We have a specialist team of experienced and successful agents who have a unique insight into Auckland Suburbs including Mission Bay, St Heliers, Kohimarama, Orakei & Glendowie.
Ella Ross
Stephen Gilbert-Staines
021 0847 4390
021 0221 5714
Licensee Salesperson
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Licensee Salesperson
Ray White St Heliers 10 Polygon Road rwstheliers.co.nz
Ray White Mission Bay 33 Tamaki Drive rwmissionbay.co.nz
Ray White Kohimarama 5 Averill Avenue rwkohimarama.co.nz
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What's happening in the market.
Local Statistics January 2026 REAL ONE 22
Residential Sales
Mission Bay, Orakei, Kohimarama, St Heliers, Glendowie
G65%
LAST MONTH
TOTAL SALES JANUARY 2026
14 Sales
G0%
LAST YEAR
BREAKDOWN BY SUBURB Mission Bay = 0 | Orakei = 3 | Kohimarama = 2 | St Heliers = 7 | Glendowie = 2
MONTHLY SALES - LAST 12 MONTHS
G11.2%
LAST MONTH
TOTAL SALES JANUARY 2026
$1,580,000
E36.2%
LAST YEAR
MONTHLY TREND - LAST 12 MONTHS REAL ONE 23
Residential Sales
Meadowbank, St Johns, Glen Innes, Wai O Taiki Bay
G53.6%
LAST MONTH
TOTAL SALES JANUARY 2026
13 Sales
E116%
LAST YEAR
BREAKDOWN BY SUBURB Meadowbank = 4 | St Johns = 1 | Glen Innes = 5 | Wai O Taiki Bay = 3
MONTHLY SALES - LAST 12 MONTHS
G4%
LAST MONTH
MEDIAN SALE PRICE JANUARY 2026
$1,190,000
MONTHLY TREND - LAST 12 MONTHS REAL ONE 24
G5.6%
LAST YEAR
Residential Sales Stonefields, Panmure, Mt Wellington, Ellerslie
G39.3%
LAST MONTH
TOTAL SALES JANUARY 2026
34 Sales
E61.9%
LAST YEAR
BREAKDOWN BY SUBURB Stonefields = 1 | Panmure = 4 | Mt Wellington = 18 | Ellerslie = 11
MONTHLY SALES - LAST 12 MONTHS
E4.3%
LAST MONTH
MEDIAN SALE PRICE JANUARY 2026
$940,000
G1.3%
LAST YEAR
MONTHLY TREND - LAST 12 MONTHS REAL ONE 25
Residential Sales Remuera, Parnell, Mt Eden, Epsom, Greenlane
G59.2%
LAST MONTH
TOTAL SALES JANUARY 2026
31 Sales
G0%
LAST YEAR
BREAKDOWN BY SUBURB Remuera = 12 | Parnell = 1 | Mt Eden = 7 | Epsom = 9 | Greenlane = 2
MONTHLY SALES - LAST 12 MONTHS
E7.1%
LAST MONTH
MEDIAN SALE PRICE JANUARY 2026
$1,820,000
MONTHLY TREND - LAST 12 MONTHS REAL ONE 26
E48%
LAST YEAR
Auction vs Other Sale Methods Reporting period: Jul 2025 - Sep 2025
AUCTION
OTHER SALE METHODS
43%
7%
(Percentage of homes selling within 90 days)
AUCTION
38 days on market
OTHER SALE METHODS
52 days on market
(Average days on market)
Sell with confidence through the auction method
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Our Recent Sales Specialising in the Eastern Suburbs
SOLD
SOLD
SOLD
12A Sayegh Street St Heliers
15 Summerhill Place St Heliers
19 Silverton Avenue Wai O Taiki Bay
SOLD
SOLD
SOLD
204/7E Hinaki Street Point England
1/28 Patteson Avenue Mission Bay
1/74 St Heliers Bay Road St Heliers
SOLD
SOLD
SOLD
38/42 Holly Street Avondale
1/12 Domain Road Panmure
40B Waddell Avenue Point England
SOLD
SOLD
SOLD
21 Laingfield Terrace Laingholm
31 Brigantine Drive Beach Haven
28 Glen Atkinson Street St Heliers
SOLD
SOLD
SOLD
9 Nagra Lane Papakura
1/273 Massey Road Mangere East
106/57 Mahuhu Crescent Parnell
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SOLD
SOLD
SOLD
6 Aveline Place Glen Innes
4/26 Springcombe Road St Heliers
9 Brigantine Drive Beach Haven
SOLD
SOLD
SOLD
12C Hurstwood Place Glen Innes
230 Kohimarama Road Kohimarama
2/3 Prebble Place Mission Bay
SOLD
SOLD
SOLD
45E Apirana Avenue Glen Innes
46 Waimahia Avenue Weymouth
3/27 Caulton Street St Heliers
SOLD
SOLD
SOLD
106 Castledine Crescent Glen Innes
22 Alloway Street Westgate
35 Fred Woodward Place Mount Roskill
SOLD
SOLD
SOLD
4/97 Long Drive St Heliers
98 Allum Street Kohimarama
28 Kildare Avenue Glendowie REAL ONE 29
Ray White Now Introducing Ray White Now, an insight to provide clarity to all our customers on what is happening in the market now. If you are considering selling we explain how you can take advantage of the current conditions to achieve the best possible sales outcome.
WHY SELL NOW? Timing the advantage
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DANIEL COULSON CHIEF EXECUTIVE R AY W H I T E N E W Z E A L A N D
Perfect timing in property is elusive. Recognising when conditions are tilting in your favour – before the broader market accelerates – is where the advantage lies, says Ray White New Zealand Chief Executive, Daniel Coulson. Now in February, homeowners are facing opportunities that are both supportive and finite. Interest rates remain stimulatory, buyer demand is active, and supply is relatively contained. Yet the economic outlook suggests this balance won’t last indefinitely. “Conditions are currently very encouraging for sellers,” Coulson notes. “Buyer confidence has returned, and access to finance has improved materially, but listing volumes have yet to rise significantly.”
G A M E
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MARCH
RATE CYCLE HAS A SECOND ACT
P R O P E R T Y
Coulson says the recent housing market recovery has been driven by falling borrowing costs. Mortgage serviceability improved, sidelined buyers re-entered the market, and activity lifted across 2026 most regions.
Coulson says this matters because property markets respond to direction, not just current settings. “Low rates don’t last forever. The buyers active today are benefitting from the most favourable borrowing conditions we’re likely to see for some time. As rates rise, borrowing capacity shrinks, and that directly influences purchasing power.” In simple terms, selling while credit is abundant usually produces a deeper buyer pool and stronger competition. DEMAND IS REAL, DIVERSE. Importantly, today’s demand is not confined to a single buyer group. First-home buyers, upgraders, downsizers, and investors are all participating, supported by improving household balance sheets, sentiment, and a stabilising economy. Resale profitability has recovered, days on market have eased toward long-term averages, and auction clearance rates across many areas are back to levels associated with balanced or rising markets.
P R O U D LY P R E S E N T I N G N E W Z E A L A N D P R O P E R T Y M A R K E T I N S I G H THowever, S I N Rthe E Anext L Tchapter I M E of the cycle is already being mapped. Economic forecasts point to interest rates remaining supportive through 2026, followed by a gradual tightening. By 2027, the pace of increases is expected to accelerate, potentially lifting the Official Cash Rate (OCR) toward restrictive levels.
“The demand we’re seeing now is needs-based. Kiwis who delayed decisions during uncertain years are now moving forward because life doesn’t stand still.” Coulson says these factors are creating a broader and more resilient pool of buyers, particularly for well-presented homes in demand locations.
Click here to read the full edition
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At the same time, new supply in established suburbs remains constrained. Planning rules, infrastructure requirements, development levies, and land scarcity continue to limit what can realistically be built – a trend reinforced by recent Auckland Council survey data indicating residential developers are scaling back projects, particularly in brownfield areas, due to rising costs.
Sources: Bloomberg, REINZ, Westpac
RAY WH ITE N OW N EW Z EALAN D | 6
“As a result, quality homes in desirable neighbourhoods face limited competition from new builds. You can’t easily create more blue-chip locations. Existing homes effectively become the supply.”
Prestige PROPERTIES FOR SALE
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664 Remuera Road, Remuera WHE R E C H A R A CT ER M EET S DESIGN ER S TYLE
Set proudly on a freehold corner site in Remuera, this beautifully refurbished three-storey weatherboard home offers exceptional street appeal, presence, and modern family living in one of the area's most desirable locations. With four bedrooms, three bathrooms, and multiple living spaces, the home delivers stylish yet low-maintenance living with flexibility for families at every stage. The entry level welcomes you with two generous double bedrooms, a separate bathroom, and a dedicated laundry-ideal for guests, extended family, or flexible living arrangements. The main living level is designed for effortless entertaining, flowing seamlessly from the lounge through to the dining area and into a stunning designer kitchen. Featuring stateof-the-art appliances, polished timber floors, generous storage, and a sizeable desingner island, this space is perfect for hosting friends and family or preparing your favourite cuisine. From the kitchen and dining area, step out onto a private north-facing deck overlooking the heated swimming pool-an inviting setting to relax after work or host memorable gatherings. The fully fenced property provides security and peace of mind, allowing children and pets to play safely. A double garage with an additional second-storey space offers exceptional versatility and could easily serve as a teenage retreat, home office, gym, or additional storage. Throughout the home, quality flooring combines polished timber, underfloor-heated tiles, and plush carpet across four generously sized bedrooms, all featuring built-in televisions and generous wardrobe space. The home REAL ONE 32
is presented in excellent condition, offering modern appliances while still retaining its character and charm. The top floor hosts two bedrooms, including the sunfilled main bedroom which enjoys privacy and beautiful views across the Remuera slopes toward Rangitoto Island. It features a spacious ensuite, a well-designed walk-in wardrobe, and a private office - perfect for quiet work or study. The lower level provides an additional lounge complete with a kitchenette, full bathroom, and cleverly designed hidden storage-perfect as a teenager's retreat, a quiet relaxation space, or a convenient poolside entertaining area. The property also benefits from dual access via Remuera Road and Ngapui Road, offering multiple off-street parking options. Location adds further appeal. The Upland Road shops are just 2 minutes walk including cafés, restaurants, bars and a Four Square Supermarket, and public transport. Local favourites include Knead Cafe and Morell Bistro & Bar. Families will appreciate the nearby Little Rangitoto Reserve-perfect for children's play, kicking a ball around, or enjoying a relaxed picnic. A short drive takes you to Orakei Train Stationfor easy access to the city, along with the vibrant shops and eateries of Orakei Bay Village. Auction: 5pm, Thursday 9th April 2026 In Rooms, 33 Tamaki Drive, Mission Bay (unless sold prior) Viewing: Please contact salesperson for viewing details
Rosco Valentine 021 726 344 rosco.valentine@raywhite.com
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28 Palmer Crescent, Mission Bay C L AS S I C F AM I LY LIV ING - SU PER B S EAVIEWS
Generous in scale and timeless in appeal, this incredible family home is positioned in one of Mission Bays most sought after locations. Beautifully elevated to capture the incredible views, abundance of sun and natural light, whilst delivering the perfect blend of comfort, functionality and an unbeatable lifestyle in this premium position. The quiet family-friendly cul-de-sac is often admired but tightly held for those few fortunate enough to call it home. This home has been beautifully maintained and features incredible workmanship throughout, all of which will no doubt appeal to those discerning and astute purchasers. The gourmet bespoke kitchen features a convenient walk-in pantry, plenty of bench and storage space, forming the central hub and heart of the home. Thoughtfully designed over three levels, offering multiple living and dining areas to accommodate both relaxed family living and effortless entertaining. Outdoor living is exceptional, with two distinct entertaining and relaxation zones. The main kitchen and dining area flows effortlessly to a generous, partially covered deck featuring a louvre system - ideal for year-round enjoyment while taking in the elevated, beautiful sea views to Rangitoto and the Hauraki Gulf.
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Downstairs, a second living area opens seamlessly through large bi-fold doors to a paved outdoor space complete with a pool, creating a private retreat perfect for summer gatherings. Offering four generous bedrooms, two well-appointed bathrooms, plus two convenient powder rooms, the layout is thoughtfully designed for modern family living. Three separate living areas provide flexibility for relaxing, entertaining, or creating dedicated spaces for children or guests. The well-designed laundry and single internal access garage and workshop adds further practicality. This home benefits from exceptional storage throughout. This is a rare and unique opportunity to secure this substantial family home with breathtaking views, beautiful gardens and superb versatility. View: Please contact salespeople for viewing details Please phone salespeople for price guide
Vanessa Mowlem 021 840 700 vanessa.mowlem@raywhite.com
Jono Barton 027 919 4944 jono.barton@raywhite.com
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22a Hampton Drive, St Heliers MOD ER N MA S TER PIECE
This beautifully designed family residence is a work of art, utilising quality fixtures & fittings throughout, whilst offering the comfort and flexibility you would expect to find in a spacious contemporary home, set on a freehold title. Creating the ultimate family sanctuary of space, design and position.
Both living and dining spaces offer a seamless transition through large floor to ceiling bi-folds doors to a generous private and sunny courtyard, with an easy care tropical garden. Creating the ideal environment for entertaining and relaxing.
The clever layout is spread over three levels to ensure everyone has their own sense of space, which includes 2 separate living areas. Whilst providing an alluring lifestyle and entertaining options for families of all ages.
This superb residence comprises of 4 generous bedrooms, all fitted with custom wardrobes, 3 bathrooms, double internal garaging, significant storage options, and complete with electric gates for peace and security.
Showcasing grand proportions and superior quality craftsmanship throughout. All of which will no doubt appeal to those astute and discerning purchasers who appreciate quality, style and location.
An extraordinary yet low maintenance residence you will be proud to call home, promising lifestyle excellence in this tightly-held location, walking distance to local amenities, beach and parks.
Flawlessly appointed interiors with quality flooring throughout and high ceilings complete this masterpiece.
View: Please contact salespeople for viewing details
The gourmet bespoke kitchen is both innovative and highly effective, and is complemented with plenty of storage and bench space.
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Please phone salespeople for price guide
Vanessa Mowlem 021 840 700 vanessa.mowlem@raywhite.com
Jono Barton 027 919 4944 jono.barton@raywhite.com
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96B Kurahaupo Street, Orakei AS PI R A TI O N AL FA M IL Y LIV ING | HARBOUR VIEWS
Commanding an elevated position with north-facing sea views, this expansive five-bedroom, five-bathroom residence delivers luxury living on a grand scale. Built in 2021 and designed to capture all-day sun with exceptional Rangitoto and harbour views, the home offers the perfect blend of open-plan living, privacy, and scale across three impressive levels. Each of the five bedrooms is beautifully appointed with its own ensuite, while the spectacular master suite complete with breathtaking sea views - rivals some of the finest in Auckland. Dual living areas, a dedicated study, and a guest suite on the lower level provide exceptional versatility for families, extended living, or hosting guests. A private elevator connecting all three levels adds a further touch of convenience and sophistication. Whether hosting large gatherings or enjoying relaxed family living, the expansive decking, private landscaped garden, and high-spec kitchen form the true heart of the home.
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Key features: • • • • • • • • • •
362m2 three-level standalone residence 416m2 Freehold landholding Elevated position with multiple harbour viewpoints Private access, secure & fully fenced Internal elevator servicing all levels High spec Miele kitchen appliances Daikin heating and air conditioning system Underfloor heating in bathrooms Internal access double garage High spec modern construction (2021 build)
Motivated vendors have already secured their next home and this property must be sold. Conjunctional agents welcome, with flexible viewing times available. Price By Negotiation Viewing: Please contact salesperson for viewing details
Bella Anna Stefano 021 668 938 bella.stefano@raywhite.com
Stuart Trewheela 027 482 4783 stuart.trewheela@raywhite.com
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66 Patteson Avenue, Mission Bay Set on a private 933m2 (more or less) section in the heart of the Bays, this beautifully updated 1950s home is a true sanctuary for modern family living. Solidly built in plaster over brick and weatherboard, it blends timeless mid-century charm with contemporary comforts and resort-style amenities. North-facing and filled with natural light, the spacious circa 220m2 layout offers generous open-plan living, a thoughtfully designed kitchen, and seamless indoor-outdoor flow to multiple entertaining zones. Whether it's summer evenings by the fire pit, poolside BBQs under the stars, or cozy winter nights by the fireplace, this home is made for year-round enjoyment. A heated swimming pool, ambient garden and pool lighting, and lush landscaping create a holiday-at-home vibe, while a fully self-contained unit provides flexible options for Airbnb, extended family, or teens seeking independence. Tucked away from the road in a peaceful setting, yet just minutes from coastal walks, cafes, top schools, and local amenities-this is resort-style living without compromise. Don't miss your chance to experience this rare gem. For Sale $3,575,000 Viewing: Please contact salesperson for viewing details REAL ONE 40
Richard Lyne 021 687 000 richard.lyne@raywhite.com
Resort-Style Family Oasis
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Waiatarua UN L O C K A R AR E DEV ELO PM ENT O PP ORTUN ITY-OWN TH E REMARKABLE!
This is more than just a property. Fly in by helicopter and step out in style to your private estate retreat. It's an investment in scale, location, and legacy. Whether you're seeking a luxury private residence, a hospitality investment, or a visionary development opportunity, this estate delivers on every level. Owned by one family for over 80 years, this generational estate in the Waitakere Ranges is on the market - offering unmatched subdivision potential and multiple income streams in one of Auckland's most sought-after natural settings. Subdivision Investment: Potential to subdivide into 7 sections, including existing infrastructure and buildings fast-track your next development project. Situated on an elevated 28-hectare site, rich in native forest and protected surroundings - rare landholding this close to Auckland. Resource consent in place for an additional 12 luxury hotel rooms (valid until April 2026), adding immediate value to the existing 28-room accommodation. Income-Producing Assets Already in Place: Two hotel buildings - one iconic, one newly built - offering 28 highend rooms, each with panoramic views of Auckland City and the Hauraki Gulf. On-site restaurant, wellness retreat, spa, pool, gym, and full resort amenities supporting guest and event revenue. REAL ONE 42
Conference centre, wedding venue, and private chapel - ideal for year-round bookings and large-scale events. Helipad and dedicated landing area to attract highend clientele. Two additional serviced apartments and a spacious 4-bedroom home provide further rental or resale opportunities. Location & Lifestyle Appeal: Just 30 minutes from Auckland CBD, yet completely immersed in nature with waterfalls, walking tracks, streams, and reserves surrounding the site. Positioned within the Waitakere Ranges Regional Park - offering tranquility, prestige, and long-term value protection. Access to key regional infrastructure while retaining complete privacy and seclusion. Investor Highlights: Development-ready site with highend amenities already generating income. Rare combination of natural beauty, scale, and proximity to Auckland. Short-term and long-term growth potential through subdivision, hospitality, and events. Position yourself above the market - and build the future here. $15,000,000 Viewing: Please contact salesperson for viewing details
Larissa Tsapko 021 770 115 larissa.tsapko@raywhite.com
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Ray White Mission Bay
33 Tamaki Drive rwmissionbay.co.nz
Ray White St Heliers
10 Polygon Road rwstheliers.co.nz
Ray White Kohimarama
REALONE
5 Averill Avenue rwkohimarama.co.nz
Maguire Realty Limited Licensed (REAA 2008)
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