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Your local property report
Mangonui
October
2019
This report covers your local suburbs of Cable Bay, Coopers Beach, Hihi, Karikari Peninsula,
Mangonui, Peria, Taipa, Taupo Bay and Totara North.
Brought to you by the team at LJ Hooker Mangonui
pq ph. 09 406 0977 f. 09 406 0982 ef [email protected] wx mangonui.ljhooker.co.nz/
SOLD
Strongest growth 12 months
SOLD
Most traded properties
Fastest sellers days
What’s happening in our local property market
SOLD
Number sold (12 months) Median Price
Median Growth 12 months Median Days on Market
Suburb performance
Your local property report
Across our local market, we have seen 185 properties listed for sale,
over the past 12 months, which is lower than the same time last
year. This has impacted sales with 112 taking place over the past
12 months. Looking at the market, the best performing suburb, over
the past 12 months, has been Mangonui which has seen its median
sales price grow by 49.0%. The median sales price of a home in
Mangonui is now $584,000. Coopers Beach saw its median sales
price grow by 17.0% with the median price now sitting at $461,000
and Hihi grew 10.9% across 11 individual sales with a median of
$459,000.
The most traded suburb for homes in our area has been Cable Bay
with 40 homes sold over the past 12 months. Dwelling prices in
Cable Bay have performed well with growth of 9.1% and now have a
median price of $490,000.
The time it takes to sell a home in our region ranges from 23 days in
Mangonui to 91 days in Karikari Peninsula.
At LJ Hooker Mangonui our goal is to provide you with the information you need to make confident decisions about property - whether you are buying, selling, investing or renting. We have created this report which details local market
conditions and how property is performing in your area which at times can be very different to the combined performance
of the capital cities. Let us help you stay on top of changes in your local property market every month.
49.0%
40
23
Mangonui
Cable Bay
Mangonui
Mangonui
Coopers Beach
Hihi
Cable Bay
15
18
11
40
$584,000
$461,000
$459,000
$490,000
49.0%
17.0%
10.9%
9.1%
23
82
49
72
Mangonui
Recent Sales (12 months)
SOLD
Number of
Properties Sold
Median
Sale Price
Average Change in
Median Price
Average Days
on Market
Total Value
of Sales
Median
Asking Rent
Indicative Gross
Rental Yield
Number of properties listed for sale
Number of properties sold
Median change in sales price (%)
Median sales price over 5 years
Recent Sales (12 months)
Your local property report
This month it’s all aboutCable BayOne of the most popular suburbs in our region is Cable Bay where
56 homes were listed for sale over the past year.
Homes in Cable Bay have an average land size of 1,239 square
metres.
The suburb is tightly held with residents typically holding their
home for 8 years.
The median value of dwellings in Cable Bay is $536,600. This is
higher than the median sales price which is currently $490,000.
Over the past 12 months, buyer interest has lifted with 40 homes
sold this year compared to 39 sales last year.
Homes are typically selling within 72 days.
Sales prices have grown by 9.1% over the past 12 months. All of
this means it is now a great time to sell in Cable Bay.
Sales and Listings – Cable Bay Prices and change – Cable Bay
Snapshot on Cable Bay
Mangonui
40 $490,000 9.1% 72 $21.29m $350 3.4%
Recent Area Sales
Your local property report
3 1 2 755m2
7 Frangipani Street, Cable Bay
Sale Price Property Type
Sale Date Days on Market
4 2 0 619m2
51 Bay Heights Drive, Karikari Peninsula
Sale Price Property Type
Sale Date Days on Market
3 2 0 867m2
14 Lori Lane, Coopers Beach
Sale Price Property Type
Sale Date Days on Market
3 2 0 809m2
9 Melissa Road, Karikari Peninsula
Sale Price Property Type
Sale Date Days on Market
3 2 2 809m2
1489 Inland Road, Karikari Peninsula
Sale Price Property Type
Sale Date Days on Market
2 1 0 825m2
12 Perehipe Road, Karikari Peninsula
Sale Price Property Type
Sale Date Days on Market
Mangonui
$280,000
30/08/19
Dwelling
78
$307,595
13/09/19
Dwelling
4
$478,000
17/09/19
Dwelling
14
$575,000
18/09/19
Dwelling
9
$470,000
24/09/19
Dwelling
133
$449,000
25/09/19
Dwelling
5
Data for this report is provided by CoreLogic RP Data. In compiling this publication, CoreLogic has relied upon information supplied by a number of external sources. CoreLogic does not
warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any
other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in this publication through any cause whatsoever and
limits any liability it may have to the amount paid to CoreLogic for the supply of such information. This data is provided as general information only and is not intended as financial advice. For our complete terms and conditions of use, go to www.corelogic.co.nz
LJ Hooker Mangonui
Far North Real Estate (2010) Ltd
Licensed REAA 2008
ph. 09 406 0977 f. 09 406 0982
mangonui.ljhooker.co.nz/
