Te Atatu Peninsula Newsletter 11

Hello again,

The real estate market in Te Atatu Peninsula shows signs of slowing, but sales numbers are being limited by the small number of properties coming onto the market. There were only 37 properties for sale on the 1st of May in Te Atatu Peninsula. There were 19 sales for the month of April with an average time to sell of only 20 days. The median selling price was $540,000.

ADDRESS SOLD FOR
8 Wharf Road $417,000
130 Matipo Road $418,000
84 Gunner Drive $425,000
8 Matipo Road $445,000
19 London Street $467,600
68 Provence Esplanade $485,000
61 Neil Avenue $497,000
3B Toru Street $512,500
82 Kervil Avenue $530,000
438 Old Te Atatu Road $550,000
34 Graham Avenue $566,000
16 Peachgrove Road $590,000
15 Graham Avenue $601,000
12 Stokes Avenue $628,000
65 Neil Avenue $675,000
14 Spinnaker Drive $690,000
404B Te Atatu Road $715,000
23 Piriti Drive $820,000
8 Kervil Avenue $828,000

Do You Know?:
Who gave Te Atatu its name? The first correct answer received by email wins a $50 voucher.

Last Month’s Competition:
The winner with the first correct answer via email was David McMahon of Renata Crescent. Rutherford was of course famous for splitting the atom. Congratulations David, enjoy your $50 prize.

6 Street Spotlight:


STREET AVERAGE SELLING PRICE AVERAGE SELLING TOTAL SALES IN
10 YEARS AGO PRICE 2012 THE PAST 10 YEARS

Danica Esplanade $520,000 $643,666 10
Glenford Lane $284,650 $420,000 11
Huntaway Lane $373,250 $500,000 7
Lone Tree Ave $360,000 $594,000 4
Longbush Road $335,000 $877,000 5
Rapaki Place $305,000 $430,000 9


Average Rent for Te Atatu Peninsula:
1st Nov 2012 - 30th Apr 2013

BEDROOMS DWELLING TYPE AVERAGE RENT
1 Flat $260
4 House $560
3 House $430
2 House $367

Quote of the Month:
Nobody will ever win the battle of the sexes. There is just too much fraternising with the enemy. HENRY KISSINGER.

Te Atatu Peninsula Bus Interchange:
The Auckland Transport’s proposed bus interchange to be built in Titoki Street will host 19 buses every hour. The land used would be on part of the land from the 17 houses that are to be demolished to accommodate the motorway widening and the new motorway interchange. This project is now on hold pending further review. Why not share your views? Is this good or bad for the Peninsula? E-mail me and we can share your views in my next Te Atatu Peninsula Newsletter.

I am the Real Estate expert in Te Atatu Peninsula. If you want more information about Real Estate please phone or email me for confidential attention.

Until next time,
Best wishes,

JOHN GOODRUM

thelegendofthewest@gmail.com
P:09 838 8895 or 021 945 140