Hello again,
The real estate market is picking up again in Te Atatu Peninsula with substantially more properties having sold during July than in June. There were a total of 24 sales last month but buyers took longer to make their decisions with the average days on the market increasing from 15 to 25.
As a result of more sales there were even less properties available for sale in Te Atatu Peninsula with only 22 available to purchase as of the 1st July 2013. The average sale price of these properties has again increased showing there are no signs of relief to the shortage of homes available for purchase on the ever popular Te Atatu Peninsula.
ADDRESS SOLD FOR
1/522 Te Atatu Rd $340,500
10 Gladfield Lane $623,000
13 Gunner Dr $347,000
65A Matipo Rd $625,000
2/79 Taikata Rd $367,500
78 Taikata Rd $632,500
71A Sylvan Cres $440,000
32 Taipari Rd $640,000
2B Hamurana Pl $451,000
27 Taioma Cres $645,000
16C St Jerome Ave $480,000
17 Hamurana Pl $660,000
20 Karamu St $485,000
18 Beach Rd $700,000
2A Karamu St $486,000
5 Gunner Dr $715,000
1/2 Springbank Ln $525,000
8 Bayside Ave $737,023
7 Rhone Ave $530,000
594 Te Atatu Rd $740,000
73B Matipo Rd $530,000
29 Spinnaker Dr $800,000
124 Matipo Rd $530,000
426 Old Te Atatu Rd $800,000
72 Kervil Ave $545,000
65 Harbour View Rd $865,000
130 Matipo Rd $595,000
9 St Jerome Ave $1,270,000
21 Titoki St $610,000
6 Street Spotlight
STREET AVERAGE SELLING PRICE 5 YEARS AGO (2007) AVERAGE SELLING PRICE (2012) NUMBER OF SALES BETWEEN 2007 - 2012
Titoki Street $419,500 $425,900 17
Halyard $400,666 $654,000 8
Old Te Atatu Rd $558,875 $406,500 18
Rixon Place $415,000 $445,000 12
Gane Lane $436,000 $225,000 5
Gill Avenue $386,000 $428,750 14
Average Rent for Te Atatu Peninsula:
1st Feb 2013 - 31st July 2013
BEDROOMS DWELLING TYPE AVERAGE RENT
2 Apartment $450
3 Flat $390
2 Flat $310
1 Flat $300
4 House $520
3 House $440
2 House $355
Last month’s competition
The winner with the first correct answer received by e-mail was Ian Pattullo of Taikata Road. The first general store was on the corner of Taikata Road and Te Atatu Road.
Do you know
When was Te Atatu School opened? The first correct answer by e-mail wins a $50 voucher.
Quote of the month
Cinderella is proof that a new pair of shoes can change your life! (borrowed from a vendor’s wall)
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
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