Te Atatu Peninsula Newsletter Issue 46

Hello again,

The number of sales in May was 29 on Te Atatu Peninsula and the
median selling price was $930,000. The average days to sell was 28. There were 13 sales of $1,000,000 or over. The highest sale price being $2,000,000 for 60
Harbour View Road.

Address Sale Price Address Sale Price
1 Tawa Road $650,000 49 Taipari Road $958,000
32 Beach Road $678,000 11 Barberry Lane $1,000,000
2A Rixon Place $700,000 31 London Street $1,045,000
4 Parani Crescent $701,000 59 Matipo Road $1,060,000
22 Piriti Drive $710,000 51 Taipari Road $1,085,000
80 Taikata Road $751,000 17 Waione Ave $1,100,000
58 Kervil Ave $787,000 59 Kervil Ave $1,180,000
25A Waipani Road $790,000 18A Enderby Drive $1,186,000
15 Ward Crescent $790,000 2 Parani Court $1,200,000
33 Neil Ave $795,000 28 Waimanu Bay Dr $1,220,000
3 Huntaway Lane $855,000 486 Te Atatu Road $1,265,000
7 Thomas Ave $896,000 6A Chapman Road $1,268,000
1 Rixon Place $900,000 38 Dawnhaven Drive $1,600,000
97 Gloria Ave $925,000 60 Harbour View Rd $2,000,000
1A Titoki Street $930,000    

 6 Street Spotlight

 

 

STREET

AVERAGE SELLING PRICE  2006 AVERAGE SELLING PRICE 2016 NUMBER OF SALES SINCE 2006
Titoki Street $324,166 $930,000 33
Rixon Place $336,000 $800,000 20
Waione Ave $360,500 $800,000 21
Te Atatu Road $400,172 $945,571 175
London Street $365,000 $1,045,000 16
Huntaway Ln 2007 $542,000 $855,000 7

Average Rent for Te Atatu Peninsula: 1st December 2015 – 31st May 2016 

BEDROOMS DWELLING TYPE AVERAGE RENT/WEEK
1 Flat $280
2 Flat $410
2 House $410
3 House $490
4 House $595
5+ House $665

 Did You Know?

That the average selling price for a house on Te Atatu Road in Te Atatu
Peninsula was $194,601 20 years ago back in 1996. Today the average is $945,571. There have been 379 sales on Te Atatu Road (Te Atatu Peninsula only) in the last 20 years (REINZ stats). The lowest number of sales was in 2008 (8 sales) which was the year of the GFC—Global Financial Crisis.

Quote of the month:

Real Estate cannot be lost or stolen, nor can it be taken away. Purchase with common sense, paid for in full and managed with reasonable care, it’s the safest investment in the world.…..Franklin. D. Roosevelt

Until next time,

Best wishes,

John Goodrum

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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