Election result gives the green light to spring listing influx for residential property

The year of Covid-19, 2020, continues to buck historic trends in the residential property market – with an immediate surge in post-election listings the latest convention to defy previous patterns.

Bayleys Ponsonby leading salesperson Blair Haddow, said that traditionally following elections Auckland’s residential property market ‘took a breath’ to analyse the voting results before once again ramping up its pace throughout spring and then into the lead up to Christmas. However, this year the market has kicked into full swing literally days, rather than weeks, after the election result was announced on 17 October. “Indications are this was partly because the election was delayed by a month as a result of the second Covid-19 lockdown restrictions – pushing the election further into spring. And also, partly because of sellers looking to make the most of the on-going buyer demand evidenced throughout August and September - when sales volumes went through the roof at a time when they have been traditionally at close to their lowest seasonal levels,” said Blair Haddow. “Having one political party in a clear governing position after the election has also removed the usual delay created by various coalition partners negating their representation around the cabinet table. This year, the make-up of Government was all done and dusted on election night… and my vendors reacted instantaneously with an immediate ‘green light’ to bring their listings to market.” Among Blair Haddow’s latest selection of salubrious listings around Herne Bay, St Marys Bay, and Grey Lynn, which went live immediately after the election, are a handful of large executive-style family homes - including:

25 Hackett Street, St Marys Bay - a completely transformed five bedroom/three bathroom home with two living areas and stunning views of Auckland’s CBD, Westhaven Marina, and the Inner Harbour. The renovation has seen an upper level with wrap-around verandah added to what was the foundation villa footprint. The home’s in-ground heated swimming pool sits alongside landscaped hedging and lawn.

19 Chamberlain Street, Grey Lynn - a converted pair of flats now a brand new two-level family dwelling with five double bedrooms, three bathrooms, and three living spaces, including a teenagers’ retreat. Sitting on the ‘sunny side’ of the road with a north-facing aspect, the home has expansive views out to the Waitakere Ranges overlooking a tiered garden leading down to an in-ground salt water swimming pool.

77 Albany Road, Herne Bay - a four-bedroom/two-bathroom architecturally-designed villa with sought-after off-street parking for three vehicles provided from two separate street access points. Showcasing the visionary craft of respected architect David Ponting, the home features two separate living areas.

20 Barrington Road, Grey Lynn - a three-year-old three-storey townhouse with three bedrooms and two bathrooms. The concrete-built terraced unit has an enormous deck and outdoor entertainment area.

16 Wellpark Avenue, Grey Lynn - a four-bedroom/two-living area residence with a private back yard opening directly onto the little-known Francis Reserve. Designed by Auckland architect Greg Jones, the home has a an office/study, and a relaxed outdoor entertaining space covered by a Louvretec roofing system.

The impressive portfolio of Bayleys Ponsonby new listings across Herne Bay, St Marys Bay, and Grey Lynn, adds to Blair Haddow’s pre-election listing of Unit 2 at 55 Kelmarna Avenue in Herne Bay - a terraced freehold three-bedroom/two-bathroom townhouse which Blair expects to sell by the end of this year for around $1.95m. Units 1 and 3 in the same block have already sold off-plan to owner-occupiers with completion scheduled for early next year.

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