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Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected] November 2010 Issue www.robertashton.bayleys.co.nz T h e R o b R e p o r t Remuera & Parnell’s Leading Comparative Market Analysis Report
Transcript
Page 2: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

www.bayleys.co.nz

BAYLEYS REAL ESTATE LTD (LICENSED UNDER THE REA ACT 2008)

23A Haast Street, REMUERA

Robert Ashton AREINZ BE (Structural)M 021 633 398B 09 520 [email protected]

Located adjacent the above site at 16A Minto Road, the College Rifles Rugby Cluband the Genesis Fitness Centre. Current zoning, Residential 6A, which allows forone dwelling per 375 m² section, therefore you can build a maximum of three newdwellings. Haast Street is a no exit street off Remuera Road, within a short walk tothe many popular Cafes and Bars at the Remuera Village and the highly soughtafter Meadowbank Primary School. The College Rifles Rugby Club facilities includeworld class synthetic rugby fields which are currently used for rugby, touch rugby,soccer & lacrosse, a Bar & Bistro and a Physiotherapy Clinic.

View: By AppointmentAsking Price: $1,250,000 (2008CV: $1.28M)

Remuera 520 8888

Attention: Developers / Investors. One of the last large (11952 m²), single title,development sites left in Remuera. Located close to the Remuera Village and adjacent theCollege Rifles Rugby Club and Genesis Fitness Centre. Currently operates as a Motel &Camping Ground. Second entrance/exit available through to Haast Street. Current zoning

Price: By Negotiation (2008 CV: $8,450,000)View: By Appointment

SUPER SIZED 11952 m² DEVELOPMENT SITE 16A Minto Road, REMUERA

Residential 6A which permits one dwelling per 375 m² whichdwellings. Vendor will consider a part trade, (preferably on a luxuryKohimarama, Mission Bay or St Heliers), part cash and spread paymentlong term settlement, to the approved purchaser. For more details, call633 398. [email protected]

BAYLEYS REAL ESTATE LTD (LICENSED UNDER THE REA ACT 2008)

B 09 520 8888

Robert Ashton AREINZ BE (Structural)equates to potentially 30home with seaviews in

on the balance orRob direct on 021

M 021 633 398

VACANT THREE UNIT DEVELOPMENT SITE

Page 3: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

E [email protected]

Think of how proud you will be when you remodel this neglected 1920’s bungalow.

novate a little or renovate a lot – the choice is yours.The tenants are moving out and the owner is moving to Oz so call now to view.

Price: By Negotiation

w.bayleys

021 633 398

SANDRINGHAM - Handyman Special 22 Kitchener Road

Sitting on a flat, fully fencedseparate dining and loungfreestanding, concrete blockLocated in the most conveand within a short drive toShopping Centre, the AuckRugby World Cup 2011. Re

, 678 m² section and featuringe, polished timber floors and

three bedrooms, twothere is loads of

bathrooms,storage in the

View: 1-1.30pm Sun 12th Dec or By Appointment

, two car garage.ww .co.nz/361337

nient of addresses, close to the Sandringham Shopping Village Robert Ashton AREINZ BE (Structural)many of Auckland’s leading attractions – the Westfield St LukesMland Zoo, MOTAT and Eden Park – the finals venue for theB 09 520 8888

(2008 CV: $570,000) BAYLEYS REAL ESTATE LTD (LICENSED UNDER THE REA ACT 2008)

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Contact: 

Ian Mellett B Comm, LLB, H Dip Principal 

 First Floor 

427 Remuera Road Remuera, AUCKLAND 1050 

 

Tel. 09‐523 2408  

www.quaylaw.co.nz 

ConveyancingWills and Estate Administration

Estate Planning Trusts and Asset Protection

Taxation

Relationship Property Commercial Transactions

Franchising Immigration

General legal matters

Page 4: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

$847K $1.11K$863K $882K $815K

440

$835K $895K $818K$1.00M

4

08/12/10

577

577

$950K $1.01M

481 522

81 1 116

2 1 1 1

331 2 112

6

92

231 1 217

2 6 2 4 2 2 1

2426281 1 45

342 342

$900,000 - $999,999 4 2 2 3 4 4 5 5

414 4 648

3

46

172 2 25

1 2 2 1 1 3 1

Totalement Da

$850K

2010 Residential Sales Figures - Remuera & Parnell

$771K $915K $760K

73672 70

38

1 1 1

1 141 1 1 2

3 1 1 9

4 151

30

313

1 2 1 2 1

1730394 1

4 1 3168

$1,000,000 - $1,099,999 1 5 2 3 1

62622

24 6 2

1 2 45

70

3 272 7 1 22 2 21 3 218

Sep TotalAug219

2009 Residential Sales Figures - Remuera & Parnell

$300,000 - $399,999$200,000 - $299,999

Price Range

< $100,000$100,000 - $199,999

Sale & Purchase Agreement DateMarJan Feb MayApr JulJun Oct DecNov

211 1 28 3 2 1

31 4 2 1 1 24

$900,000 - $999,999$800,000 - $899,999$700,000 - $799,999$600,000 - $699,999$500,000 - $599,999$400,000 - $499,999

6 6 43 6 3

6 139 6

3 66 12

7 74 5

84

6 148

7370

2 2 5 8 5 10 1 5 7 12 496 2 7 85 3 4 11 3 49

4 5 9 10 14 3 313 11 3 7 5 27 6 82 4

$1,600,000 - $1,699,999$1,500,000 - $1,599,999$1,400,000 - $1,499,999$1,300,000 - $1,399,999$1,200,000 - $1,299,999$1,100,000 - $1,199,999 4 3 1 6 22 2 3 1 6 1 31

2 3 1 3 5 54 5 2 41 3 1 3 3

2313

1 26 5 2 1 1

1 1 2 2 311 1 1 2 1 21 1 2

$4,000,000 - $4,999,999$3,000,000 - $3,999,999$2,500,000 - $2,999,999$2,000,000 - $2,499,999$1,900,000 - $1,999,999$1,800,000 - $1,899,999$1,700,000 - $1,799,999

21

12

2 21

2 71 1

11

1718

1 1 1 12 3 3 21 4 2 2 2 7 2

1 11 2 311 2 11 1 1

Median Sale Price:

Year To Date Totals:

Monthly Totals:> $5,000,000

25 51 53 73 86 62 63 67 4173

350 413 485 55525 76 129 202 288 622 736695

$620K $810K $853K $670K $809K $936K $906K$917K

$200,000 - $299,999$100,000 - $199,999

< $100,000

Price Range Sale & Purchase Agre teJan Feb Mar Apr May Jun Jul SepAug Oct Nov Dec

1 1 1 2

$800,000 - $899,999$700,000 - $799,999$600,000 - $699,999$500,000 - $599,999$400,000 - $499,999$300,000 - $399,999

2 5 82 1 5

8 63 4

2 52

2612

31

66

5327

2 3 8 8 45 63 5

5511 5 6

2 4 7 3 6 4 12 3 7 4 3 4 1

5 2 13 8 7 5 3 2 4 2

$1,500,000 - $1,599,999$1,400,000 - $1,499,999$1,300,000 - $1,399,999$1,200,000 - $1,299,999$1,100,000 - $1,199,999$1,000,000 - $1,099,999 2 3 4 3 2 5 1 37 1 4 35

3 2 2 3 4 1 22 1 3 7

1 12

5122 1 6

1 4 4 2 1 2 23 21 4 2 2 1 1 1

$3,000,000 - $3,999,999$2,500,000 - $2,999,999$2,000,000 - $2,499,999$1,900,000 - $1,999,999$1,800,000 - $1,899,999$1,700,000 - $1,799,999$1,600,000 - $1,699,999

52

2 22 2

2 12 3

1211

1 2 2 1 11 2 121 2 2 1

2 7 2 6 3 31 1 21 2 1 1 2 1 2 2

Median Sale Price:

Year To Date Totals:

Monthly Totals:> $5,000,000

$4,000,000 - $4,999,999 2 1 1 1 1 61 2 1

27 53 85 62 70 39 49 4155 41 55

27 165 22780 297 385336

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Page 5: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

Photograph Property Address Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date Market

4/96 Benson Road $322,000 $375,000 0.86 249 28-Nov-10 302 brm, 1 bthrm unit (July 2008)Bldg Floor Area: 66 m²Bldg Age: 1960-69 Land Area: 1/5 SH 1247 m²Legal Desc: Flat 4 SEC LOT E DP 6608, Garage 4 DP 6608 on Pt Lot E DP 6608

2N/118 Gladstone Road $365,000 $325,000 1.12 Unit Title 1-Nov-101 brm, 1 bthrm apartment $345,000 (July 2008) 18-Nov-05Bldg Floor Area: 83 m²Bldg Age: 1990-99 Land Area: Unit TitleLegal Desc: UNIT 2N AUS 94,210 UP 201161

4/171A Portland Road $370,000 $320,000 1.16 170 1-Nov-10 02 brm, 1 bthrm unit $327,000 (July 2008) 19-Jan-07Bldg Floor Area: 81 m²Bldg Age: 1970-79 Land Area: 1/6 SH 1022 m²Legal Desc: FLAT 4 GRGE 4 DP 146837 ON LOT 2 DP 56252

6/9 Fox Street $375,000 $345,000 1.09 Unit Title 2-Nov-10 402 brm, 1 bthrm apartment $398,300 (July 2008) 22-Nov-07Bldg Floor Area: 88 m²Bldg Age: 1990-99 Land Area: Unit TitleLegal Desc: UNIT 2C AU 11 UP 163720

37A Ascot Avenue $387,000 $400,000 0.97 379 17-Nov-10 212 brm, 1 bthrm unit $362,000 (July 2008) 26-Mar-08Bldg Floor Area: 80 m²Bldg Age: 1970-79 Land Area: 1/3 SH 1138 m²Legal Desc: Flat 2 DP 100403 on Lot 8 DP 4904

4/42 Monteith Crescent $398,000 $365,000 1.09 165 8-Nov-10 112 brm, 1 bthrm terraced t'house $362,000 (July 2008) 26-Oct-06Bldg Floor Area: 68 m²Bldg Age: 1970-79 Land Area: 165 m² + 1/6 SH 171 m²Legal Desc: LOT 4 DP 89189 LOT 7 DP 89903

11C Monteith Crescent $420,000 $380,000 1.11 220 16-Nov-10 822 brm, 1 bthrm terraced t'house $354,000 (July 2008) 3-May-10Bldg Floor Area: 65 m²Bldg Age: 1970-79 Land Area: 220 m²Legal Desc: LOT 4 DP 83146

7/617 Remuera Road $420,000 $375,000 1.12 Unit Title 16-Nov-10 322 brm, 1 bthrm apartment (July 2008)Bldg Floor Area: 98 m²Bldg Age: 1970-79 Land Area: Unit TitleLegal Desc: UNIT 2C AUS 12, 27 UP 75518

69B Ngapuhi Road $430,500 $435,000 0.99 304 3-Nov-10 232 brm, 1 bthrm house $395,000 (July 2008) 26-Sep-05Bldg Floor Area: 80 m²Bldg Age: 1970-79 Land Area: 1/4 SH 1214 m²Legal Desc: FLAT 2 C/PT 2 DP 174286 ON LOT 80 DP 46210

4A Ascot Avenue $435,000 $350,000 1.24 269 1-Nov-10 173 brm, 3 bthrm unit $455,000 (July 2008) 30-Jul-09Bldg Floor Area: 58 m²Bldg Age: 1960-69 Land Area: 1/4 SH 1077 m²Legal Desc: FLAT 2 DP 71769 ON LOT 1 DP 71769

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Page 6: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

Bldg Age: 1980-89

3 brm, 2 bthrm townhouse (July 2008)

1.21 Unit Title 26-Oct-10 1499 Maungarei Road $595,000 $490,000

Bldg Floor Area: 130 m²

Land Area: Unit TitleLegal Desc: UNIT K 1/4 SH AU 5 1/2 SH AU 6 UP 107169

1.03 307 10-Nov-10 3624B Ingram Road $618,000 $600,000

Bldg Age: 1980-89 Bldg Floor Area: 149 m²

Land Area: 1/2 SH 655 m²Legal Desc: FLAT 2 DP 126201 ON LOT 18 DP 9812

2/153 Bassett Road $577,000 $545,000 1.06 209 20-Nov-10 29

Photograph Property Address Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date Market

1/40 Sonia Avenue $450,000 $455,000 0.99 362 4-Nov-10 62 brm, 1 bthrm unit $465,000 (July 2008) 9-May-06Bldg Floor Area: 84 m²Bldg Age: 1950-59 Land Area: 1/3 SH 1085 m²Legal Desc: FLAT 1 FOYER 1 C/PT 1 DP 184642 ON LOT 28 DP 44273

39 Abbotts Way $488,000 $480,000 1.02 644 19-Nov-10 33 brm, 1 bthrm house (July 2008)Bldg Floor Area: 104 m²Bldg Age: 1950-59 Land Area: 644 m²Legal Desc: Lot 3 DP 39851

14 Shera Road $524,000 $610,000 0.86 Unit Title 21-Nov-10 443 brm, 2 bthrm terraced t'house (July 2008)Bldg Floor Area: 158 m²Bldg Age: 1980-89 Land Area: Unit TitleLegal Desc: UNIT A UP 103769

125 Abbotts Way $532,000 $480,000 1.11 461 5-Nov-10 303 brm, 1 bthrm house $445,350 (July 2008) 19-Jan-06Bldg Floor Area: 102 m²Bldg Age: 1950-59 Land Area: 461 m²Legal Desc: Lot 1 DP 352377

1/77 Lucerne Road $535,000 $470,000 1.14 337 8-Nov-10 102 brm, 1 bthrm unit $364,000 (July 2008) 15-Apr-03Bldg Floor Area: 148 m²Bldg Age: 1970-79 Land Area: 1/3 SH 1012 m²Legal Desc: Flat 1 DP 68692 on Lot 84 DP 7525

4D/118 Gladstone Road $550,000 $510,000 1.08 Unit Title 1-Nov-10 522 brm, 2 bthrm apartment $478,000 (July 2008) 3-Jun-00Bldg Floor Area: 171 m²Bldg Age: 1990-99 Land Area: Unit TitleLegal Desc: Unit 4D & Aus 14-15, 143 & 173 DP 201161

3 brm, 1 bthrm terraced t'house $610,000 (July 2008) 29-Nov-06

Bldg Age: 1970-79 Bldg Floor Area: 117 m²

0.80 328 3-Nov-10 4119A Kitirawa Road $585,000 $730,000

Land Area: 209 m² + 1/20 SH 2199 m²Legal Desc: LOT 2 DP 74942 LOT 21 DP 74941

2 brm, 1 bthrm house + pool (July 2008)

Bldg Age: 1980-89

3 brm, 2 bthrm townhouse $618,000 (July 2008) 8-Feb-06Bldg Floor Area: 158 m²

Land Area: 1/3 SH 921 m²Legal Desc: FLAT 2 DP 152134 ON LOT 1 DP 38608

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Page 7: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

Bldg Age: 1910-19

4 brm, 1 bthrm house (July 2008)

0.88 601 20-Oct-10 2829 Shore Road $765,000 $870,000

Bldg Floor Area: 114 m²

Land Area: 601 m²Legal Desc: PT LOT 4 DRO 561

Bldg Age: n/a

Vacant Residential Section (July 2008)

0.70 1100 7-Oct-10 14099 Brighton Road $720,000 $1,030,000

Bldg Floor Area: n/a

Land Area: 1100 m²Legal Desc: Lot 2 DP 389514

Photograph Property Address Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date Market

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Bldg Age: 1980-89

3 brm, 2 bthrm house (July 2008)

1.11 324 22-Oct-10 1622 Leys Crescent $675,000 $610,000

Bldg Floor Area: 105 m²

Land Area: 1/2 SH 648 m²Legal Desc: Flat 2 DP 98797, Carport 2 DP 98797 on Lot 1 DP 38309

Bldg Age: 1960-69

5 brm, 2 bthrm house (July 2008)

0.99 700 10-Nov-10 2639 Richard Farrell Avenue $785,000 $790,000

Bldg Floor Area: 253 m²

Land Area: 700 m²Legal Desc: LOT 34 DP 53474

Bldg Age: 1970-79

2 brm, 2 bthrm house $685,000 (July 2008) 30-Jun-09

1.22 202 6-Nov-10 119/59 Victoria Avenue $790,000 $650,000

Bldg Floor Area: 178 m²

Land Area: 1/24 SH 4858 m²Legal Desc: FLAT 9 GRG 9 DP 82471 ON LOT 1 DP 23954

Bldg Age: 1950-59

3 brm, 2 bthrm house $720,000 (July 2008) 4-Feb-07

1.01 844 22-Nov-10 716 Scherff Road $710,000 $700,000

Bldg Floor Area: 140 m²

Land Area: 844 m²Legal Desc: LOT 2 DP 34506

Bldg Age: 1980-89

3 brm, 2 bthrm house $669,500 (July 2008) 21-Mar-07

1.08 450 4-Nov-10 283/11 Wootton Road $700,000 $650,000

Bldg Floor Area: 145 m²

Land Area: 1/3 SH 1350 m²Legal Desc: Flat 3 DP 101461 on Lot 7 DP 49861

Bldg Age: 1920-29

3 brm, 1 bthrm house (July 2008)

0.91 607 14-Nov-10 3741 Ngapuhi Road $720,000 $790,000

Bldg Floor Area: 155 m²

Land Area: 607 m²Legal Desc: LOT 1 DP 57697

Bldg Age: 1990-99

2 brm, 2 bthrm apartment (July 2008)

1.40 Unit Title 12-Nov-10 22G04/8 Middleton Road $715,000 $510,000

Bldg Floor Area: 151 m²

Land Area: Unit TitleLegal Desc: UNIT G04 AU 403 UP 193505

41 Lingarth Street $818,000 $720,000

Land Area: 653 m²Legal Desc: LOT 29 DP 48620

2 brm, 1 bthrm house (July 2008)

1.14 653 9-Nov-10 29

Bldg Age: 1940-49 Bldg Floor Area: 82 m²

Page 8: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date MarketPhotograph Property Address

1.01 507 29-Oct-10 017A Grand View Road $845,000 $840,000 3 brm, 2 bthrm townhouse $630,000 (July 2008) 27-Jan-03Bldg Floor Area: 245 m²Bldg Age: 1990-99 Land Area: 1/2 SH 1014 m²Legal Desc: FLAT 2 DP 182806 ON LOT 92 DP 4392

46A Omahu Road $895,000 $830,000 1.08 601 17-Oct-10 485 brm, 3 bthrm house $848,000 (July 2008) 11-Oct-09Bldg Floor Area: 270 m²Bldg Age: 1920-29 Land Area: 601 m²Legal Desc: Lot 1 DP 373383

9 Crocus Place $910,000 $940,000 0.97 862 19-Nov-10 324 brm, 2 bthrm house + pool (July 2008)Bldg Floor Area: 185 m²Bldg Age: 1970-79 Land Area: 862 m²Legal Desc: ALLOT 281 SEC 16 AUCKLAND SUBS SO 45098

0.97 613 10-Nov-10 445 Ranui Road $915,000 $940,000 2 brm, 1 bthrm house (July 2008)Bldg Floor Area: 117 m²Bldg Age: 1920-29Land Area: 613 m²Legal Desc: LOT 11 DP 5122

1.10 454 15-Nov-10 344/63 St Georges Bay Rd $980,000 $890,000 3 brm, 2 bthrm house $950,000 (July 2008) 18-Feb-07Bldg Floor Area: 118 m²Bldg Age: 1980-89 Land Area: 1/4 SH 1814 m²Legal Desc: FLAT 4 DP 94480 ON LOT 1 DP 69103

16 Koraha Street $1,011,000 $960,000 1.05 662 7-Nov-10 395 brm, 3 bthrm house (July 2008)Bldg Floor Area: 241 m²Bldg Age: 1920-29 Land Area: 662 m²Legal Desc: LOT 1 DP 167558

17B Rota Place $1,030,000 $1,030,000 1.00 338 9-Nov-10 714 brm, 2 bthrm house $775,000 (July 2008) 24-May-05Bldg Floor Area: 168 m²Bldg Age: 1990-99 Land Area: 1/2 SH 675 m²Legal Desc: Flat 2 DP 158518 on Lot 10 DP 22313

29 Belmont Terrace 1.20 578 19-Nov-10 35$1,060,000 $880,000 4 brm, 3 bthrm house (July 2008)Bldg Floor Area: 160 m²Bldg Age: 1910-19 Land Area: 578 m²Legal Desc: Lot 1 DP 136403

0.91 809 5-Nov-10 4310 Ada Street $1,070,000 $1,170,000 2 brm, 1 bthrm house (July 2008)Bldg Floor Area: 111 m²Bldg Age: 1900-09 Land Area: 809 m²Legal Desc: Lot 39 DP 124

1.04 1492 9-Nov-10 1313 Shera Road $1,149,000 $1,100,000 4 brm, 2 bthrm house (July 2008)Bldg Floor Area: 166 m²Bldg Age: 1950-59 Land Area: 1492 m²Legal Desc: LOT 6 DP 19150

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Page 9: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date MarketPhotograph Property Address

0.91 1012 25-Nov-10 46839 Lucerne Road $1,150,000 $1,270,000 4 brm, 3 bthrm house + pool $700,000 (July 2008) 1-Aug-03Bldg Floor Area: 220 m²Bldg Age: 1950-59 Land Area: 1012 m²Legal Desc: LOT 103 DP 7525

0.96 Unit Title 16-Nov-10 313/163 Victoria Avenue $1,153,000 $1,195,000 3 brm, 2 bthrm apartment (July 2008)Bldg Floor Area: 197 m²Bldg Age: 1980-89 Land Area: Unit TitleLegal Desc: UNIT C UP 104340

1.21 824 17-Nov-10 2942 Upland Road $1,200,000 $990,000 3 brm, 2 bthrm house + pool (July 2008)Bldg Floor Area: 181 m²Bldg Age: 1950-59 Land Area: 824 m²Legal Desc: LOT 16 DP 33356

1.25 607 17-Nov-10 285 Chatfield Place $1,210,000 $970,000 4 brm, 3 bthrm house $855,000 (July 2008) 13-Dec-08Bldg Floor Area: 241 m²Bldg Age: 1960-69 Land Area: 607 m²Legal Desc: Lot 15 DP 48320

0.94 661 2-Nov-10 4270B Waiatarua Road $1,238,000 $1,320,000 4 brm, 4 bthrm house + pool (July 2008)Bldg Floor Area: 350 m²Bldg Age: 2000-09 Land Area: 661 m²Legal Desc: Lot 1 DP 308269

1.34 617 3-Nov-10 2613 Kenny Road $1,250,000 $930,000 3 brm, 2 bthrm house $941,000 (July 2008) 2-May-04Bldg Floor Area: 186 m²Bldg Age: 1920-29 Land Area: 617 m²Legal Desc: LOT 55 DP 18591

1.16 715 17-Nov-10 2260 Benson Road $1,280,000 $1,100,000 3 brm, 2 bthrm house $1,275,000 (July 2008) 17-Feb-07

Bldg Age: 1930-39 Bldg Floor Area: 151 m²

Land Area: 715 m²Legal Desc: Lot 12 DP 15724

32 Maui Grove $1,294,000 $1,070,000 1.21 390 16-Nov-10 173 brm, 3 bthrm house $970,000 (July 2008) 25-Nov-09Bldg Floor Area: 260 m²Bldg Age: 1990-99 Land Area: 390 m²Legal Desc: LOT 1 DP 203164 LOT 32 DP 162904 1/12 SH 607 m²

0.98 Unit Title 1-Nov-10 271C/9 St Georges Bay Rd $1,335,000 $1,365,000 2 brm, 2 bthrm apartment $1,420,000 (July 2008) 17-Oct-07Bldg Floor Area: 219 m²Bldg Age: 2000-09 Land Area: Unit TitleLegal Desc: UNIT 1C UP 341265, AU 6 UP 341265, AU 7 DP 341265, AU L5 UP 341265

0.97 666 17-Nov-10 2970 Bell Road $1,345,000 $1,390,000 4 brm, 3 bthrm house (July 2008)Bldg Floor Area: 245 m²Bldg Age: 1980-89 Land Area: 666 m²Legal Desc: Lot 1 DP 118211

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Page 10: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

1.05 604 27-Oct-10 37133 Shore Road $2,200,000 $2,090,000

9 Clonbern Road

1.28 1441 19-Nov-10 09 Clonbern Road $2,100,000 $1,640,000

44 Entrican Avenue

40 Ranui Road

24 Bell Road

1.05 617 25-Nov-10 2884 Bell Road $1,565,000 $1,490,000

8-Oct-10700$1,345,000 $1,020,000 30 Cotter Avenue 1.32 7

948 4013-Oct-100.93$1,430,000 $1,530,000 34 Lucerne Road

6A Glen Esk Place $1,550,000 $1,005,000 1.54 Unit Title 8-Oct-10 8

Property Address Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date MarketPhotograph

4 brm, 2 bthrm house (July 2008)Bldg Floor Area: 190 m²Bldg Age: 1920-29 Land Area: 700 m²Legal Desc: LAND ON DP 14196

4 brm, 2 bthrm house (July 2008)Bldg Floor Area: 308 m²Bldg Age: 1910-19 Land Area: 948 m²Legal Desc: LOT 5 DP 12818 PT LOT 22 DP 7525

3 brm, 2 bthrm apartment $1,125,000 (July 2008) 10-Apr-10Bldg Floor Area: 243 m²Bldg Age: 1980-89 Land Area: Unit TitleLegal Desc: UNIT A UP 126379 AU1 & AU4

4 brm, 3 bthrm house (July 2008)Bldg Floor Area: 268 m²Bldg Age: 1940-49 Land Area: 617 m²Legal Desc: PT LOT 8 DP 30408

$1,570,000 $1,420,000 1.11 1017 10-Nov-10 413 brm, 2 bthrm house (July 2008)Bldg Floor Area: 216 m²Bldg Age: 1910-19 Land Area: 1017 m²Legal Desc: Lot 24 DP 141

$1,950,000 $2,490,000 0.78 1390 3-Nov-10 1054 brm, 2.5 bthrm house (July 2008)Bldg Floor Area: 278 m²Bldg Age: 1930-39 Land Area: 1390 m²Legal Desc: LOT 1 DP 165026

$2,028,000 $1,640,000 1.24 1441 26-Oct-10 396 x1 brm flats + 2 x 3 brm flats (July 2008)Bldg Floor Area: 520 m²Bldg Age: 1970-79 Land Area: 1441 m²Legal Desc: LOT 9 DP 3576

6 x1 brm flats + 2 x 3 brm flats (July 2008)Bldg Floor Area: 520 m²Bldg Age: 1970-79 Land Area: 1441 m²Legal Desc: LOT 9 DP 3576

5 brm, 3.5 bthrm house + pool $2,200,000 (July 2008) 7-Apr-05Bldg Floor Area: 410 m²Bldg Age: 2000-09 Land Area: 604 m²Legal Desc: Lot 1 DP 313585

$2,700,000 $2,270,000 1.19 1123 5-Nov-10 205 brm, 2 bthrm house + pool (July 2008)Bldg Floor Area: 389 m²Bldg Age: 1960-69 Land Area: 1123 m²Legal Desc: LOT 2 DP 46214

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Page 11: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

SP CV SP/CV m² Date MarketProperty Address Sold Price Capital Value Ratio Land Area Agreement Days on

1.29 2628 20-Oct-10 211468 Remuera Road $5,940,000 $4,610,000

1.57 3212 15-Oct-109 Mount Hobson Lane $5,350,000 $3,410,000

0.89 Unit Title 8-Nov-10 17132C Awatea Road $3,490,000 $3,900,000

0.95 8562 11-Nov-10 5073 Portland Road $6,348,000 $6,680,000

0.97 1667 8-Nov-10 362184 Orakei Road $2,900,000 $2,990,000

301.02 1247 7-Oct-1021A Takutai Street $3,700,000 $3,640,000

properties, the

Photograph

6 brm, 3 bthrm house + pool $1,720,000 (July 2008) 28-Sep-01Bldg Floor Area: 399 m²Bldg Age: 1890-99 Land Area: 1667 m²Legal Desc: LOT 3 DP 45292

4 brm, 2 bthrm house $3,200,000 (July 2008) 24-Feb-00Bldg Floor Area: 323 m²Bldg Age: 1990-99 Land Area: Unit TitleLegal Desc: UNIT C AUS 4,5,9,12 UP 185341

4 brm, 3 bthrm house (July 2008)Bldg Floor Area: 397 m²Bldg Age: 1910-19 Land Area: 4/7 SH 2183 m²Legal Desc: FLAT 4 DP 172062 ON LOT 10 DP 2032, LOT 2 DP 48510 4/7 SH, PT LOT 15 DP 9448 4/7 SH

5 brm, 2 bthrm house + pool $1,900,000 (July 2008) 9-Aug-04Bldg Floor Area: 389 m²Bldg Age: 1930-39 Land Area: 3212 m²Legal Desc: LOT 1 DP 51836

7 brm, 4 bthrm house (July 2008)Bldg Floor Area: 824 m²Bldg Age: 1910-19 Land Area: 2628 m²Legal Desc: LOT 7 DP 44123

4 brm, 2 bthrm house (July 2008)Bldg Floor Area: 263 m²Bldg Age: 1950-59 Land Area: 8562 m²Legal Desc: LOTS 11-12 DP 16333

What is the current relationship between Capital Value & Market Value?

On comparing the Sold Prices (SP) and 2008 Capital Values (CV) for the above Average SP/CV = 1.07 and the Median SP/CV = 1.06

Note: SP/CV min = 0.70 and SP/CV max = 1.57 (Remuera & Parnell - November 2010)

Disclaimer: The Rob Report is a monthly Comparative Market Analysis Report which features a wide selection of the published residential property sales in Remueraand Parnell. This information is based on published reports of sales made by all real estate agencies and only through real estate salespeople. Every effort has beentaken to establish the accuracy of this information, however, as inaccuracies may occur, you should not confine yourself to these contents and should make your ownenquires to satisfy yourself in all respects. Bayleys Real Estate Ltd (Licensed under the REA Act 2008) accepts no responsibility should the contents of this report proveto be incomplete or incorrect. If you no longer want to receive copies of The Rob Report, either by post or email, please advise.

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. [email protected]

Page 12: The Rob Report · many of Auckland’s leading attractions – the Westfield St Lukes land Zoo, MOTAT and Eden Park – the finals venue for the M B 09 520 8888 (2008 CV: $570,000)

Capital Value:

courtyard.…view more details online at www.bayleys.co.nz/361301 2

3best streets, this home has both formal and informal living areas with many original features

It's easy to fall in love with such grandeur and elegance; such substantially, heavenly, light filled

- 7/17 A

Capital Value: $3,670,000 1889Land Area: (m²) Title: Fee Simple

2

up the all

Bayleys Remuera - Christmas / New Year Collection

Meadowbank - 54A Rutherford Terrace For Sale - $655,000 www.bayleys.co.nz/361335Sitting high on one of Meadowbank's top streets, this 1960's home offers a multitude of options 4for family living or work from home. Facing north with great vistas across to the city there areseveral living areas as well as space for a home gym, extra storage or office. The open plan 2living area with convenient kitchen, dining and living area flows to a sizeable, sunfilled deck

2.…view more details online at www.bayleys.co.nz/361335

$600,000 Land Area: (m²) Unit Title Tit Ule: nit Title

Remuera - 3/48 Pukeora Avenue For Sale - $720,000 www.bayleys.co.nz/361301Pukeora Avenue is one of the quietest, most highly sought after northern slopes tree-lined 3streets which is known for its family appeal and camaraderie. Designed by Avery LeuschkeArchitects, this spacious three bedroom, two and half bathroom townhome is tucked away at 2the end of the cul-de-sac with great indoor/outdoor flow to your private northwest facing

Capital Value: $720,000 1/4 SH 1649Land Area: (m²) Title: Cross Lease

Parnell - 12 Awatea Road For Sale - By Negotiation www.bayleys.co.nz/361260You'll just love the appeal of this spacious traditional family home with tile roof and leadlight 4windows, enhanced with elevated northern views to the harbour. Located in one of Parnell's

intact. A picture window in the lounge brings in light and colour which flows through to formal2dining..…view more details online at www.bayleys.co.nz/361260

Capital Value: $2,070,000 976Land Area: (m²) Title: Fee Simple

Remuera - 115 Victoria Avenue For Sale - By Negotiation www.bayleys.co.nz/361165

4Sheer perfection - a handsome, traditional property with everything to steal your family's heart.

3spaces for relaxing, entertaining and hiding away. Progressively renovated and extended toenhance original character, the home was built of kauri in 1885 for a prominent Auckland

3family..…view more details online at www.bayleys.co.nz/361165

Capital Value: $2,880,000 Title: Fee SimpleLand Area: (m²) 1163

Grafton uburn Street For Sale - $565,000 www.bayleys.co.nz/361237Investors - tenancy secured now for 12 months - Just relisted at $700 per week through 4the next 12 months. There are so many options here you simply cannot go wrong. Slightlyremoved from the hustle and bustle of the CBD, this contemporary four double bedroom, two 2bathroom terrace home still ensures a convenient city lifestyle. You can take a leisurely stroll toNewmarket..…view more details online at www.bayleys.co.nz/361237 2

Capital Value: $385,000 Unit TitleLand Area: (m²) Title: Unit Title

St Heliers - 185 St Heliers Bay Road For Sale - $3,895,000 www.bayleys.co.nz/361262Prominently positioned high on the ridge with world class views of the harbour, Rangitoto andbeyond, this extraordinarily private home set on 1889m2 is an entertainer's masterpiece.

5

Epitomising the timeless grace of Sholto Smith in the mid 1920's, this expertly renovated and 4updated substantial family home (328m2) exudes an enduring sophistication and durability.

3Accessed by an exclusive..…view more details online at www.bayleys.co.nz/361262

Remuera - 1C Homai Street For Sale - Price By Negotiation www.bayleys.co.nz/4101320This architecturally designed townhouse by Rigby & Mullan is on the market for the first time. 3From completion in the 1970's this wonderful townhouse has been loved and lived in by onefamily. Constructed of concrete block and cedar, the home has a floor area of approximately 1157m2 & spreads over two levels…view more details online at www.bayleys.co.nz/4101320

Capital Value: $610,000 Land Area: (m²) 260 Title: Fee Simple

Parnell - 8B Churton Street For Sale - Price By Negotiation www.bayleys.co.nz/4100095A little slice of Tuscany in the heart of Parnell. With the weekend French markets only a few 4minutes walk away, your overseas sojourn is closer than you think. The northern aspect soaks

day sun and fills the two living spaces, kitchen and master bedroom. Two additional 3bedrooms plus three bathrooms (master with ensuite) complete the accommodation. Vespa orcar, there is loads of space .…view more details online at www.bayleys.co.nz/4100095 2

Capital Value: $1,010,000 Land Area: (m²) 1/3 SH 698 Title: Cross Lease

If you would like further details on any of the above properties, pleasecontact Robert Ashton direct on 021 633 398 or email: [email protected]


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