localmarket - Harveys › assets › Uploads › Manurewa4.pdf · Totara Heights 501 201 63...

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local market Your local property report This report covers your local suburbs of Alfriston, Clevedon, Kawakawa Bay, Manurewa, Manurewa East, Orere Point, Randwick Park, Takanini, The Gardens, Totara Heights, Wattle Downs and Weymouth Brought to you by the team at Harveys Manurewa p q ph. 09 266 0000 f. 09 973 5604 e f [email protected] August 2019

Transcript of localmarket - Harveys › assets › Uploads › Manurewa4.pdf · Totara Heights 501 201 63...

Page 1: localmarket - Harveys › assets › Uploads › Manurewa4.pdf · Totara Heights 501 201 63 $839,000 $647,000 $742,000 12.3% 4.9% 2.5% 1.9% 27 22 24 26 At Harveys Manurewa our goal

localmarketYour local property reportThis report covers your local suburbs of Alfriston, Clevedon, Kawakawa Bay, Manurewa,

Manurewa East, Orere Point, Randwick Park, Takanini, The Gardens, Totara Heights,

Wattle Downs and Weymouth

Brought to you by the team at Harveys Manurewa

pq ph. 09 266 0000 f. 09 973 5604 ef [email protected]

August 2019

Page 2: localmarket - Harveys › assets › Uploads › Manurewa4.pdf · Totara Heights 501 201 63 $839,000 $647,000 $742,000 12.3% 4.9% 2.5% 1.9% 27 22 24 26 At Harveys Manurewa our goal

SOLD

Strongest growth 12 months

SOLD

Most traded properties

Fastest sellers days

What’s happening in our local property market

Suburb performance

SOLD

Number sold (12 months) Median Price

Median Growth 12 months Median Days on Market

localmarketYour local property report

12.3%

501

22

Kawakawa Bay

Manurewa

Manurewa

Kawakawa Bay

Manurewa

Takanini

Totara Heights

15

501

201

63

$839,000

$647,000

$742,000

$824,000

12.3%

4.9%

2.5%

1.9%

27

22

24

26

At Harveys Manurewa our goal is to provide you with the information you need to make confident decisions about property - whether you are buying, selling, investing or renting. We have created this report which details local

market conditions and how property is performing in your area which at times can be very different to the combined

performance of the capital cities. Let us help you stay on top of changes in your local property market every month.

Across our local market, we have seen 1,399 properties listed

for sale, over the past 12 months, which is higher than the

same time last year. This has impacted sales with 1,136 taking

place over the past 12 months. Looking at the market, the

best performing suburb, over the past 12 months, has been

Kawakawa Bay which has seen its median sales price grow by

12.3%. The median sales price of a home in Kawakawa Bay

is now $839,000. Manurewa saw its median sales price grow

by 4.9% with the median price now sitting at $647,000 and

Takanini grew 2.5% across 201 individual sales with a median of

$742,000.

The most traded suburb for homes in our area has been

Manurewa with 501 homes sold over the past 12 months.

Dwelling prices in Manurewa have performed well with growth of

4.9% and now have a median price of $647,000.

The time it takes to sell a home in our region ranges from 22 days

in Manurewa to 40 days in Weymouth.

Manurewa

Recent Sales (12 months)

Page 3: localmarket - Harveys › assets › Uploads › Manurewa4.pdf · Totara Heights 501 201 63 $839,000 $647,000 $742,000 12.3% 4.9% 2.5% 1.9% 27 22 24 26 At Harveys Manurewa our goal

Number of properties listed for sale

Number of properties sold

Median change in sales price (%)

Median sales price over 5 years

SOLD

Number of Properties Sold

Median Sale Price

Average Change in Median Price

Average Days on Market

Total Value of Sales

Median Asking Rent

Indicative Gross Rental Yield

Manurewa

This month it’s all aboutManurewa

Sales and Listings – Manurewa Prices and change – Manurewa

Snapshot on Manurewa

One of the most popular suburbs in our region is Manurewa

where 573 homes were listed for sale over the past year.

Homes in Manurewa have an average land size of 528 square

metres.

The suburb is tightly held with residents typically holding their

home for 8 years.

The median value of dwellings in Manurewa is $652,500. This is

higher than the median sales price which is currently $647,000.

Over the past 12 months, buyer interest has lifted with 501

homes sold this year compared to 471 sales last year.

Homes are typically selling within 22 days.

Sales prices have stabilised by 4.9% over the past 12 months. All

of this means it is now a great time to sell in Manurewa.

501 $647,000 4.9% 22 $337.4m $500 4.0%

Recent Sales (12 months)

localmarketYour local property report

Page 4: localmarket - Harveys › assets › Uploads › Manurewa4.pdf · Totara Heights 501 201 63 $839,000 $647,000 $742,000 12.3% 4.9% 2.5% 1.9% 27 22 24 26 At Harveys Manurewa our goal

localmarketYour local property report

Recent Area Sales

Sale Price Property Type

Sale Date Days on Market

3 2 1 198m2

5 Karokaro Road, Takanini

Sale Price Property Type

Sale Date Days on Market

3 1 2 484m2

14 Sandwick Drive, Weymouth

Sale Price Property Type

Sale Date Days on Market

3 1 1 911m2

9 Volante Avenue, Wattle Downs

Sale Price Property Type

Sale Date Days on Market

3 1 1 956m2

32 Gambare Place, Wattle Downs

Sale Price Property Type

Sale Date Days on Market

0 3 3 1425m2

1/23 Takanini Road, Takanini

Sale Price Property Type

Sale Date Days on Market

4 1 2 735m2

156 Carnoustie Drive, Wattle Downs

$746,500

18/07/19

Dwelling

39

$940,000

19/07/19

UNIT

40

$600,000

25/07/19

Dwelling

113

$640,000

25/07/19

Dwelling

37

$732,000

26/07/19

Dwelling

NA

$750,000

26/07/19

Ownership ho

100

Manurewa

Page 5: localmarket - Harveys › assets › Uploads › Manurewa4.pdf · Totara Heights 501 201 63 $839,000 $647,000 $742,000 12.3% 4.9% 2.5% 1.9% 27 22 24 26 At Harveys Manurewa our goal

Data for this report is provided by CoreLogic RP Data. In compiling this publication, CoreLogic has relied upon information supplied by a number of external sources.

CoreLogic does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained

by subscribers, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in this publication

through any cause whatsoever and limits any liability it may have to the amount paid to CoreLogic for the supply of such information. This data is provided as general

information only and is not intended as financial advice. For our complete terms and conditions of use, go to www.corelogic.co.nz

harveys.co.nz

Harveys Manurewa

Effective Realty Ltd

Licensed REAA 2008

ph. 09 266 0000 f. 09 973 5604

[email protected]

harveys.co.nz/offices/manurewa