The residential property market in Auckland city’s western fringe has kicked off in 2021 directly where it left off in 2020 with plenty of activity, and high demand for quality stock across all property types.
Bayleys Ponsonby salesperson, Blair Haddow, said that traditionally over the past decades the residential property market in and around Ponsonby, Herne Bay, St Marys Bay, and Grey Lynn, started off the calendar year slowly with many vendors and buyers still enjoying extended holiday breaks.
“Not so this year though,” said Blair Haddow, who is in the process of listing five new homes following instructions from vendor discussions held in the lead up to Christmas.
“Yes, we’ve enjoyed the Christmas and New Year holidays break and great weather for much of the country and now the market has fired up literally where it left off.”
The scenario validates Blair’s prediction in the December edition of Ponsonby News when he forecast these words: “Next year (2021), watch out for that (return to work) timeframe to come forward into the third week of January when pent-up purchaser demand will be anxious to kick the year off early in the hope of being ahead of the pack.”
He said the market was moving so quickly that professional photography for some of his new 2021 listings was only being finalised as this issue of Ponsonby News goes to press. Each of the five homes he is marketing for sale have different auction dates running throughout this month.
The first of Blair Haddow’s latest listings is a Grey Lynn villa. A completely refurbished and modernised 1940s villa whose chic interior design looks like it should be featuring in the current TV series of The Block Australia. The three bedroom/two bathroom open plan living area features a relaxing deck space overlooking a spa pool and flat lawn.
Meanwhile, the second property he is marketing for sale is a three bedroom/two bathroom apartment occupying an entire floor of the landmark Shangri La tower at 97 Jervois Road, Herne Bay. Units in this sought-after block rarely come up for sale. The last residence to be placed on the market sold for more than $5.5 million when it came onto the market for sale last year.
Next on Blair Haddow’s property portfolio coming up for auction is
a gorgeous renovated private 1930s bungalow at 306B Jervois Road, Herne Bay. The four bedroom/three bathroom 209 square metre homestead sits on some 842 square metres of land nestled down a driveway to deliver peace and privacy to its owners.
Then just a short distance away comes 25 Hector Street, Herne Bay up for sale – a family-sized recently renovated three bedroom/two bathroom home backing onto Bayfield Park. The residence has been lived in by its current owners for the past 20 years.
Rounding out Blair Haddow’s catalogue of new listings is the last remaining terraced dwelling in the middle of a newly built block of three homes at 55 Kelmarna Avenue in Herne Bay. Both the other homes in the block have sold already to owner/occupiers, and the last remaining residence features three bedrooms, two bathrooms and double internal garaging.
The latest Real Estate Institute of New Zealand statistics for Auckland show that for the month of December in the Auckland City area, which encapsulates Ponsonby, Herne Bay and Grey Lynn, the number of properties which sold increased by 55 percent on same time in the previous year - up from 568 listings to 883 listings.
The REINZ data also notes that the Auckland City precinct was one of five districts in the wider metropolitan area which achieved record media house price levels in December – now up to $1.28million for the locale.
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