web ID AD12358

web ID AD12373
NOW SELLING
web ID AD12359
web ID AD12368
www.anneduncan.co.nz
I
09 846 9470
web ID AD12360
298 Mt Albert Rd, Sandringham
Price: By Negotiation
Huge 1287m2 site, potential for a
further 2 sites in addition to existing 5
brm bungalow returning $605p.w.
Anne Duncan 021 996 426
Gary Agnew 021 960 533
2/5 Powell St, Avondale
Price: By Negotiation
Solid 3 bedroom brick unit (one
of three) with separate garage. In
popular Avondale Heights location.
Mark Bailey 021 714 799
Cheryl Martin 021 277 1774
2A Dexter Ave, Mt Eden
Price: By Negotiation
Stunning 3brm home in a sought
after location. Refurbished kitchen,
bathroom & living areas.
Jamie Morrison 021 684 400
4/34 Kitenui Ave, Mt Albert
Price: By Negotiation
Sunny 2 bedroom brick & tile unit
(one of six) with separate garage in
popular Golden Triangle location.
Anne Duncan 021 996 426
10A Haig Ave, Three Kings
Price: By Negotiation
Modern 3 dbl brm home with studio/
sleepout offering potential to work
from home. Mt Roskill Grammar zone.
Miriam Fan 027 292 9778
city fringe
FLYER
E D I T I O N 4 3
You see our signs everywhere!
Mid-winter cheer as house prices
surge in a new sellers market
T
HERES something in the air.
Its mid-winter, yet it seems
like spring four years after the
end of the longest residential
property boom in New Zealands
history, houses are really starting
to move.
Agents at Anne Duncan Real
Estate have noticed a distinct
upturn since February, and a
lack of properties for sale has
pushed prices of local property up
substantially in just a few short
months.
The surge in prices seems to be
running right through much of
the city fringe area, though isnt
as noticeable in other parts of
Auckland or the provincial cities
and towns.
The sudden about-turn after
two or three years of patchy
sales as the country worked its
way through recession appears
at odds with the Reserve Banks
predictions of continued atness.
It seems to be driven in the city
fringe at least by a number of
factors:
Pecord-low inleresl rales since
February and indications they
will not start moving until well
into next year.
A lack ol slock as vendors
bide their time, perhaps
believing their properties wont
command top prices.
8uyers deciding lhal lhe lime is
right to make a move.
The end result is almost what
might have been expected nine
months or so ago. The normal
spring surge did not really arrive
last year, and that meant summer
sales werent primed as usual.
But autumn signalled a new
beginning and a lift in activity
that has owed through into
winter.
The rules of economics suggest
prices may plateau as more
vendors gain condence to bring
their properties to the market.
But at the moment, after a long
spell since the boom when buyers
were in command, it is becoming
a sellers market certainly in the
wider Mt Albert area.
At Anne Duncan Real Estate,
which covers the whole city
fringe from its Mt Albert base
and also specialises in Pt Chev,
Waterview, New Windsor, St
Lukes, Sandringham, Owairaka
and Kingsland, properties are
selling within two or three weeks
of listing and thats the sort of
demand that hasnt been around
since the height of the boom.
Activity at the moment is
back to the 2007 levels, says
Anne Duncan. We dont have
the listings or the volume of
that time, but the same sort
of urgency is there and weve
been very surprised by what that
demand has done to prices.
Anne says prices in many areas
of her companys patch are up
by 10 per cent on what would
have been thought as reasonable
in February. All lots are selling
on auction night and offers are
coming in after the rst weekend
of open homes.
It is a supply and demand thing
and we have plenty of buyers and
not enough listings, she says.
That demand puts pressure on
prices and it has become, quite
quickly, a sellers market.
Anne points to four properties to
illustrate the strength of the local
market over the last month:
1/15 Stewart Rd, Mt Albert,
which sold at auction for
$545,000 (against a $430,000
CV) after drawing 131 groups
in three weeks of open homes.
1 Selkirk Rd, Mt Albert, which
sold at auction for $610,000
(CV: $470,000) after drawing
122 groups.
3 Baldwin Ave, Mt Albert,
which sold at auction for
$900,000 (CV: $660,000) after
drawing 130 groups.
8 Francis Ryan Close, which
sold at auction for $1.205m
(CV: $930,000) after drawing
over 80 groups.
Last year we might have got
30 or 40 groups through those
places, so it shows how demand
has picked up, she says.
Bungalows and do-ups are in
prime demand, but buyers are
chasing properties across the
board and in all price ranges
drawn to the area by great
schools, amenities and transport
links, leafy streets and handiness
to the central city.
For people thinking of selling,
says Anne, our view is that its
a great time to tempt all those
buyers and test the water.
3 Baldwin Ave sold for
$240,000 above CV
1/15 Stewart Road sold for
$115,000 above CV
8 Francis Ryan Close sold for
$275,000 above CV
1 Selkirk Road sold for
$140,000 above CV
2/9 Miro St, NewLynn
Price: $315,000
Elegant 70s townhouse in a no exit
street. 3brms, designer kitchen & bthrm,
open plan lounge ows to private garden.
Lynn Margan 0274 830 109
878 NewNorth Rd, Mt Albert
Price: $By Negotiation
1920s character bungalow with
4 bedrooms, study and a business
premises on 926sqm site.
MiriamFan 027 292 9778
web ID AD12337 web ID AD12331
Auction: On Site Sun 7th Aug 2011(unless sold prior)
Contact: Vincent Barnao 021 2758 925
Jamie Morrison 021 684 400
web ID AD12350
8 Peary Rd, Mt Eden
Price: $By Negotiation
2 brm bungalow on 827m2 (Res 6A
zone) endless possibilities Relocate,
Remove, Renovate or Landbank.
Mark Bailey 021 714 799
Anne Duncan 021 996 426
web ID AD12329
5/16 Knight Ave, Mt Albert
Price: $319,000
Unleash your creative streak in this
over sized 2+brm unit with open
plan living & extra space to utilise.
Donna Whyte 021 550 274
City Fringe Flyer is a community newsletter and readers should seek professional guidance before acting on any
advice, opinion or information found in its columns. It is published by Anne Duncan Real Estate Ltd, which cannot
accept any liability or responsibility for any loss or damage suffered by any individual or group acting on any
material it contains. Editorial inquiries: bruce_morris@xtra.co.nz
Anne Duncan Real Estate Ltd MREINZ
LICENSED REAL ESTATE AGENT (REAA 2008)
E D I T I O N 4 3
You see our signs everywhere!
746 New North Road,
Mt Albert, Auckland
Ph 09 846 9470
www.anneduncan.co.nz
HOW TO REACH US
THINKING OF SELLING?
For an obligation-free appraisal of your
home, ll out this slip and drop/post it into
our ofces: 746 New North Rd (opposite
Rocket Park). Well make contact after that.
Your name
Address
Phone
What best describes your
position? (tick)
Keen to sell now/soon
Need appraisal before
making up my mind
Simply interested in what
my house is worth
NOW SELLING NOW SELLING
web ID AD12367
web ID AD12375 web ID AD12338
web ID AD12288
591 Richardson Rd, Mt Roskill
Price: $399,000
Beautifully renovated 3brm bungalow
with open plan living and a wwell
fenced at 500m2 section.
Jamie Morrison 021 684 400
web ID AD12376
9A Fir St, Waterview
Price: $By Negotiation
2 level home, currently in 2 ats.
Double garage with internal access.
Upper level offers spacious living
and water views.
Jamie Morrison 021 684 400
Vincent Barnao 021 2758 925
web ID AD12361
70 Mulgan St, NewWindsor
Price: $By Negotiation
Elevated retro 3 brm home, a gem
waiting to be rediscovered. Give this
funky lady a new lease on life.
Jamie Morrison 021 684 400
web ID AD12365
80A Aroha Ave,
Sandringham
Mark Bailey
18 Vancouver Ave,
Sandringham
Roberto de Melo
3/13 Oregon Ave,
Avondale
Anne Duncan
Josh Powell
6/7 Harlston Rd,
Mt Albert
Blair Stanaway
Cheryl Martin
25A Glendon Ave,
Avondale
Vincent Barnao
Jamie Morrison
23 Richardson Rd,
Mt Albert
Gary Agnew
9A/147 Hobson St,
Auckland Central
Miriam Fan
8A Toroa Tce, Mt Albert
Price: Forthcoming Auction
Exceptional one level home sitting
on the Northern slopes of Mt Albert.
Outstanding views day and night.
Anne Duncan 021 996 426
1/1142 NewNorth Rd, Mt Albert
Price $299,000
2 brm unit with large lounge
owing to own exclusive garden.
Carport with lockable shed.
Gary Agnew021 960 533
Anne Duncan 021 996 426
An investment in knowledge always pays the best interest (Benjamin Franklin) Am I not destroying my enemies when I make friends of them? (Abraham Lincoln)
The team
Your advantage
43 Astley Ave, NewLynn
Price: $By Negotiation
Character & charm. At least
3dbl brms, 2 living areas + ofce
& sunroom. Huge section with
swimming pool and dbl gge.
Blair Stanaway 021 486 792
Cheryl Martin 021 277 1774
1/867A NewNorth Rd, Mt Albert
Price: $409,000
3 double bedroom unit in a block of
3 with great indoor/outdoor ow.
Own courtyard.
MiriamFan 027 292 9778
31A ChathamAve, Mt Albert
Price: Forthcoming Auction
Home and Income, 3 brm + ofce,
plus 1brm fully self contained at.
Private, parklike 1518m2 section.
Gladstone & MAGS zones
John Covich 021 946 933
Mark Covich 021 846 944
web ID AD12362
12 Pickens Crescent MT ALBERT
Youll be blown away by a stunning landscape stretching from
the Bombay Hills to the upper Waitemata. Lovely lounge,
dining room, kitchen and deck are your grandstand and the
picture is completed by 3 bedrooms, 2 bathrooms and a 2nd
living area opening to a brilliant private courtyard (with genuine
Italian woodre pizza oven). Add your paint to the canvas and
complete this masterpiece.
Auction: Wed 27th July 2011 (unless sold prior)
Auction Centre 746 New North Rd, Mt Albert
Contact: Mark Bailey 021 714 799
web ID AD12351
31 Newell St PT CHEVALIER
An urban oasis touching the upper harbour, screaming for
imagination. A 1930s bungalow on a wonderful 500m2 section
running down to high tide with a clear channel to launch a
kayak or dinghy. Mull over the endless possibilities from the
sunny lounge and conservatory across a pasture of mangroves
to the green haven of Meola Reef reserve.
www.anneduncan.co.nz
50 Kitenui Ave MT ALBERT
This lovely character bungalow has been meticulously renovated
and extended to a gorgeous 5 bedroom family home with
sleepout. The home offers a formal lounge, spacious dining and
a family area with seamless indoor/outdoor to the entertaining
deck and back garden below. This is a home to accommodate
the growing family.
web ID AD12366
web ID AD12370
22 Mt Albert Rd MT ALBERT
English Arts & Crafts home oozing the elegance and charm
of old Mt Albert. This hidden treasure features 5 bedrooms,
formal lounge, formal dining room and sunrooms, all infused
with the character of yesteryear.
Situated on 713m2 within the Golden Triangle. MAGS and
Gladstone School Zone.
Price: $By Negotiation
Contact: Anne Duncan 021 996 426
2 Brydon Place NEW WINDSOR
Elevated, sunny, with upper-harbour views this solid 1940s, 3
dbl brm renovated home is on a fully fenced section. From the
designer kitchen to the insulated oor, roof and walls, work is
of the highest standard. Views from the living, kitchen/dining
areas and the great entertainers deck overlooking the large child-
friendly garden, this home needs to be on your wish list today!
web ID AD12372
Auction: Wed 17th Aug 2011 (unless sold prior)
Auction Centre 746 New North Rd, Mt Albert
Contact: Mark Bailey 021 714 799
Price: $By Negotiation
Contact: Miriam Fan 027 292 9778
Anne Duncan 021 996 426
52 La Rosa St, Green Bay
Price: $By Negotiation
Fab 4 brm home, 2 living areas, bthrm
& ensuite, outdoor living & dbl garage.
Blair Stanaway 021 486 792
Cheryl Martin 021 277 1774
4 Guardwell Tce, Mt Albert
Price: Forthcoming Auction
Renovated 3 bdrm bungalow, dbl gge,
642m2 section. Gladstone & MAGS zones
John Covich 021 946 933
Mark Covich 021 846 944
46 Tiverton Rd, New Windsor
Price: $By Negotiation
1940s home in original condition
on a 1072m2 elevated section with
subdivision potential.
Roberto de Melo 021 887 646
web ID AD12374 web ID AD12357
Dont compromise yourself. Youre all youve got (Janis Joplin)
city fringe
FLYER
C
ONGRAULATIONS to sales
consultant Mark Bailey and
wife Sarah theyve marked their
hat trick with a baby girl, Rosa
Charlotte. Rosa was 8lb 12oz
at birth and joins Joseph (9) and
Francis (7) in the happy Bailey
household.
W
HEN TV-Ones Breakfast
show next carries a story
on the state of the residential
property market, their reporters
might gain an interesting insight if
they turn to co-host Petra Bagust.
Petra called in Anne Duncan
Real Estate senior agent Greg
Whitta when she and her husband
decided to sell last month. The
result was almost instant success
with a deal signed after the rst
weekend of open homes.
But while Petra and her family
have sold, they arent turning their
backs on Mt Albert, which has
been their home for the last few
years. They love the area and have
bought again in the suburb.
T
HE Neighbourhood Support
movement is a great way of
getting to know your neighbours
better and keeping everyone safe
and happy.
Thanks largely to the efforts
of Kim Sherlock, the Mt Albert
NS co-ordinator, this area has
one of the strongest networks in
Auckland. The more it grows the
more effective it will be in creating
a closer community and warding
off crime.
If you would like to know whats
involved in setting up a vibrant
Neighbourhood Support group
for your street or immediate area,
Petras quick-re sale a sign of
real life in local property market
drop Kim a note at this email
address: kimberlyjane@xtra.co.nz
I
F you want to have a say on the
future of your local patch, you
are fast running out of time!
The Albert Eden Local Board of
the new Auckland Council has
developed a draft plan for the
community it serves, setting out
priorities for the next three years
and beyond.
It covers everything from our
environment and history to
transport, amenities and the local
economy.
Among other things, the board
says in the summary to its draft
plan that the area needs to build
a strong and successful local
economy by focusing on renewing
village centres, establishing
business improvement areas and
attracting events to encourage
growth.
It also wants to see more
parks and quality recreation and
community facilities.
The plan will be in place by
October 31 this year and you
have until August 8 to make
submissions on the draft.
You can read the plan and
nd out how to have your say
at local libraries or online at
www.aucklandcouncil.govt.nz/
haveyoursay
M
T ALBERTS Marist College
is piecing together the great
story of its history.
Marist old girl Sister Lorraine
Campbell is using original pictures
of past principals as the heart
of her mission to sketch the life
of the school, which opened in
1928.
Sister Lorraine will interview a
group of students from those early
years and has no precise deadline.
Our centenary will be held
in 2028 so were gathering
their stories in raw form on the
beginnings of the college before
they go to heaven what they
liked and remember from before
1940, she told Auckland City
Harbour News.
Sister Lorraine says the job is a
perfect match with her knowledge
of college principals stretching
back to the earlier sisters.
Its fantastic fun. Every picture I
look at I can go down a path and
enjoy it.
COMMUNITY FILE
Petra Bagust and her family love
Mt Albert and have bought again
in the suburb
PICTURE: TVNZ
A chat with...
Mark Bailey
Whos had the most inuence
on your life? Not one person in
particular - family and friends are a
constant inuence and motivation.
An enduring childhood
memory? Many memories of
the freedom growing up in rural
New Zealand. Long days messing
around in streams, rivers, bush and
around the farm. My city-raised
children are missing out!
What makes your day? Seeing
my kids happy
What really irks you? People
turning up late to appointments,
or not turning up at all!
Dream holiday? Driving from San
Francisco to Vancouver, taking in
Nappa Valley, Portland and Seattle
on the way.
Who would you invite to the
dinner party of your dreams?
Neil Young, Leo Laporte (US
technology guru), Bill Hicks
(American social critic and satirist),
Patti Smith ... there are others, but
in general people who have done
(or did) things their own way with
integrity and without compromise.
Favourite food: Thai or Italian
Song: Too many to list, but I
always go back to Neil Young.
TV programme: Breaking Bad
Movie: Movies that make you
think or offer an alternative
perspective on the everyday are
my choice... or sometimes just a
big dumb action ick!
* Mark Bailey lives in Mt Albert
with wife Sarah and three
children. He joined the Anne
Duncan residential sales team in
2010 after 10 years in Britain,
where he worked in IT (renovating
houses on the side) and graduated
with a rst-class honours degree in
architecture.
M
.A.G.S ART AUCTION
THURSDAY 1st SEPTEMBER 2011
Mount Albert Grammar School, Alberton Avenue
Doors Open 5.30pm $5 Entry Fee