You see our signs everywhere!
A P R I L 2 0 1 1
NOW SELLING
web ID AD12279
7 Winsomere Cres, Westmere
Price: By Negotiation
Funky 2 brm duplex in desirable
Westmere. Stunningly renovated,
fantastic indoor/outdoor flow.
Jamie Morrison 021 684 400
web ID AD12283
2 Kerr Taylor Ave, Mt Albert
Auction: Wed 20th April (unless sold prior)
Beautifully presented 4 dbl brm home,
large open plan living flowing onto
balcony with sweeping city views.
Anne Duncan 021 996 426
web ID AD12290
786 New North Rd, Mt Albert
Auction: Wed 20th April (unless sold prior)
Immaculately presented and recently
refurbished character bungalow with
new outdoor entertaining area.
Anne Duncan 021 996 426
web ID AD12270
37 St Lukes Rd, Mt Albert
Auction: Wed 20th April (unless sold prior)
Spacious 3 brm 1920’s character
bungalow , close to St Lukes
Shopping Centre
Miriam Fan 027 292 9778
Anne Duncan 021 996 426
web ID AD12278
791 New North Rd, Mt Albert
Auction: Wed 20th April (unless sold prior)
Charming 1920’s bungalow with
stunning original features & native
timber that radiates warmth.
Roberto de Melo 021 887 646
Vincent Barnao 021 2758 925
www.anneduncan.co.nz
city fringe FLYER
Post-boom city fringe price gains
show value of testing the market
T HINKING of selling, but
worried you might have to
drop your price from the giddy
THREE CHEERS FOR BRICKS AND MORTAR
heights of the boom years? Well,
you may be worrying about
nothing – city fringe prices in
many areas are back above the
levels of 2007.
QV data shows that prices across
New Zealand are down by 6 per
cent on the peaks of October
2007. But greater Auckland has
done much better, with an overall
decline of about 3%. Some
quality suburbs close to the city
centre have even risen.
Good schools, excellent transport
links and top community facilities
have combined to push local
suburbs from Waterview and
Pt Chevalier through Mt Albert
to Sandringham and Kingsland IF you ever doubted the worth of bricks and mortar to grow personal
into the top echelon of property wealth, look at the record of this 1920s Kitenui Ave bungalow.
achievers since the boom. Anne Duncan was the agent when the property was bought as a do-
up in 1993 for $193,000. For various reasons, the owners never quite
While many outlying suburbs got around to tackling the do-up. They polished the floors and replaced
have slipped, city fringe prices the roof, but left the features (kitchen, bathroom and even scrim walls)
have recovered. Suburbs forming intact.
the heart of the Anne Duncan It went back on the market in December last year and sold quickly for
business now rate as some of $725,000 – a staggering 3.75 times its original cost.
Auckland’s best performers. Inflation helped, of course (if the house had kept pace with inflation,
the value would have reached $291,000 at the end of last year), but it
QV statistics for the final quarter was overall a great endorsement of the value of residential property.
of 2010 show Grey Lynn has
made huge strides (with prices
up around 20 per cent on levels
of two years earlier), enjoying over 100 people through the first average sales compared to actual
the flow-on impact of sharing weekend at a Mt Albert open CV) and Western Springs (also
boundaries with some of the home the other day, so that with an increase of 12.3 per cent
shows the demand is there for over the two years).
city’s most celebrated high-flyers,
like Herne Bay and Ponsonby. the right property. Our biggest
Waterview (up 8.2 percent since
problem is a lack of stock and
That phenomenon – known in the end of 2008) and New
satisfying that demand.”
valuation circles as the ripple Windsor (a rise of 7.4 per cent in
effect – is helping values in The QV data for the final 2010 the same period) rounded off the
neighbouring suburbs to widen quarter puts Pt Chev in top place impressive local performance.
the gap between the city fringe for local price gain – up 15.5 per
and more far-flung areas. “These are great areas close
cent over levels two years earlier,
to Queen St and, as Auckland
and 14.4 per cent above rating
Anne Duncan says the data grows and confidence returns
should give more confidence capital values (set in 2008) for the
to the economy, will always
to would-be vendors, many of average sale.
be in demand,” says Anne.
whom have been sitting on their Not far behind were “Sales are certainly down at the
hands, waiting for prices to rise - Sandringham (a rise of 13.8 per moment, but prices are doing
leading to a slow-down in sales.
cent over the two years, and a lift really well, especially for well-
“The reality is that we are getting on CV of 18 per cent), Kingsland presented properties. My advice
very good prices now, especially (a jump of 12.5 per cent and to prospective vendors is to
a full 10 per cent above CV on move on with their lives and test
for character homes and good
quality three and four-bedroom average), Mt Albert (up 12.3 the market. They could be very
properties,” she says. “We had per cent, with a similar jump in pleasantly surprised.”
I 09 846 9470
A P R IL 2 0 1 1
NOW SELLING
web ID AD12282
10 Rossgrove Tce, Mt Albert
Auction: Wed 20th April (unless sold prior)
Attractive 1920’s refurbished
character bungalow. 3 brms, open
plan living plus studio at the rear.
Anne Duncan 021 996 426
web ID AD12245
47 Mt Albert, Mt Albert
Auction: Wed 20th April (unless sold prior)
Just completed a full makeover, this
home is ready for you to enjoy.
3 brms, 2 bthrms, fully fenced.
Anne Duncan 021 996 426
Josh Powell 021 905 234
web ID AD12267
1A Tutuki St, Waterview
Price: $559,000
Gorgeous 1920’s bungalow moved
from Franklin Rd in 2005. 3 dbl
brms, 2 bathrms & modern kitchen
Lynn Margan 0274 830 109
Roberto de Melo 021 887 646
web ID AD12266
25A Glendon Ave, Waterview
Price: $By Negotiation
In a quiet cul-de-sac this 4
bedroom light-filled townhouse
has all the requirements
Vincent Barnao 021 2758 925
Jamie Morrison 021 684 400
web ID AD12286
23 Batkin Rd, New Windsor
Auction: Wed 20th April (unless sold prior)
Immaculately cared for by the same
family for over 21 years this 3 brm
home is one that will not disappoint.
Jamie Morrison 021 684 400
A wise girl kisses but doesn’t love, listens but doesn’t believe, and leaves before she is left (Marilyn Monroe)
www.anneduncan.co.nz You see our signs everywhere!
62 Owens Road EPSOM NOW SELLING
A 1900’s villa, untouched for years is ready and waiting for its
new family. Featurnign3 dbl brms, separate lounge and dining,
all infused with the character features of yesteryear. On a full
693m2 section inside Auckland and Epsom Girls Grammar
School zones and surrounded by quality homes.
106 Methuen Rd
New Windsor
Alaina Cartwright Auction: Wed 6th April (unless sold prior) web ID AD12238
Auction Centre 746 New North Rd, Mt Albert 81 Asquith Ave, Mt Albert
Contact: Anne Duncan 021 996 426 Price: $635,000
1960’s delight with ‘Titirangi’ feel.
web ID AD12264 3 brms, office, polished floors &
modernised bathroom
Blair Stanaway 021 486 792
The team
Cheryl Martin 021 277 1774
44 Grande Ave MT ALBERT
182 Mt Albert Rd, Set in a quiet sought after cul-de-sac on the western slopes of
Mt Albert Mt Albert, this 4 brm family sized home has all the ingredients
Greg Whitta for family entertaining. Inground pool with decking for outdoor
entertaining. Westerly aspect with all day sun and magic
Your advantage
sunsets. Loads of off street parking with garage, carport and
room for the boat.
web ID AD12284
Auction: Wed 6th April (unless sold prior)
3/3 Patterson St, Sandringham
Auction Centre 746 New North Rd, Mt Albert
Price: $By Negotiation
Contact: Greg Whitta 021 992 612 Renovated & refurbished with two
Anne Duncan Real Estate Ltd MREINZ double bedrooms, new kitchen,
LICENSED REAL ESTATE AGENT (REAA 2008)
web ID AD12272
11 Potatau St bathroom, laundry, paint & carpets.
Grey Lynn Greg Whitta 021 992 612
Vincent Barnao
HOW TO REACH US BY NEGOTIATION
18 Royal Terrace SANDRINGHAM
746 New North Road, This cute 3dbl brm villa sits pretty as a picture. Character
features surround the entrance hallway, double bedrooms,
Mt Albert, Auckland all leading to modern kitchen and open plan living. Superb
indoor/outdoor flow with a wrap around veranda at the front,
Ph 09 846 9470 and private deck areas at the rear.
web ID AD12289
www.anneduncan.co.nz
33A Tomo St 81A Dundale Ave, Blockhouse Bay
New Lynn Auction: Wed 6th April (unless sold prior) Price: $By Negotiation
THINKING OF SELLING? Anne Duncan Auction Centre 746 New North Rd, Mt Albert Three good sized bedrooms.
Generous open-plan kitchen, dining
Lynn Margan Contact: Anne Duncan 021 996 246 and living areas. Double garaging on
For an obligation-free appraisal of your What best describes your web ID AD12261 a freehold site with its own driveway.
home, fill out this slip and drop/post it into position? (tick) Jamie Morrison 021 684 400
our offices: 746 New North Rd (opposite Keen to sell now/soon
Rocket Park). We’ll make contact after that.
Need appraisal before 29 Tyburnia Ave MT ALBERT
Your name
making up my mind 3 brm original Mt Albert bungalow on a flat sunny site,
Address minutes to shops and public transport. Opportunities for a
Simply interested in what second minor dwelling, potential to subdivide or just land
75 Pt Chevalier Rd bank. Inside, a blank canvas to personalise as time and
my house is worth
Pt Chevalier money permits.
Phone Mark Bailey web ID AD122820
26 Rossgrove Tce, Mt Albert
Auction: Wed 6th April (unless sold prior) Price: $625,000
4 brm character bungalow in one of
City Fringe Flyer is a community newsletter and readers should seek professional guidance before acting on any Auction Centre 746 New North Rd, Mt Albert
Mt Albert’s ‘Picture Postcard’ areas
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
Contact: Jamie Morrison 021 684 400 amongst other character homes.
material it contains. Editorial inquiries: bruce_morris@xtra.co.nz John Covich 021 946 933
web ID AD12269 Mark Covich 021 846 944
27 Whitney St
New Windsor
Jamie Morrison
82 Taylors Road Mt Albert
A stunning home with a sleek and modern design throughout,
you see yourself living here the second you step in. With the
space, generous living areas and open plan design this home is
all the modern day family desires. Great outdoor flow onto the
courtyard perfect for entertaining all year round. web ID AD12281
web ID AD12292 web ID AD12276
68A Woodward Rd, Mt Albert
13 Commercial Rd, Arch Hill 274 Meola Rd, Pt Chevalier Price: $By Negotiation
Price: $By Negotiation Price $By Negotiation Auction: Wed 6th April (unless sold prior)
3 level townhouse perfect for large
Cosy,charming 3 dbl brm square front Home & income, investment or Auction Centre 746 New North Rd, Mt Albert family. Close to train, Unitec. Zoned
villa cottage. Easy flow from living onto development opportunity. 5 brms, 2 35 Aroha Ave, Sandringham for Gladstone Primary & MAGS.
Contact: Anne Duncan 021 996 246
west facing deck with private garden. bthrms over 2 dwellings on 809m2. Cheryl Martin Roberto de Melo 021 887 646
Vincent Barnao 021 2758 925 Mark Bailey 021 714 799 Blair Stanaway Josh Powell 021 905 234
web ID AD12240
All you need is love. But a little chocolate now and then doesn’t hurt (Charles Schulz)
You see our signs everywhere!
NOW SELLING
web ID AD12263
27 Margaret Ave, Mt Albert
Auction: Wed 6th April (unless sold prior)
Street appeal, Character, 3 bedroom
bungalow, sunny family sized section,
flat north facing yard. Great flow.
Blair Stanaway 021 486 792
Cheryl Martin 021 277 1774
web ID AD12262
3/42 Asquith Ave, Mt Albert
Auction: Wed 23rd March (unless sold prior)
3 brm Brick & Tile, 1950’s end
unit refurbished to meet today’s
contemporary living
Lynn Margan 0274 830 109
Gary Agnew 021 960 533
web ID AD12273
2/56 Blockhouse Bay Rd, Avondale
Price: $By Negotiation
Large family home set off the road &
so close to the city. 4 brms upstairs,
north facing open plan living.
Cheryl Martin 021 277 1774
Blair Stanaway 021 486 792
web ID AD12259
23 Parkdale Rd, Mt Albert
Price: $By Negotiation
Spacious 3 brm ex state on sunny
784m2 fenced section, and
Gladstone/MAGS zone.
Vincent Barnao 021 2758 925
Miriam Fan 021 292 9778
web ID AD12271
106A New Windsor Rd, New Windsor
Price $By Negotiation
4 brm contemporary home in a
popular neighbourhood features
open and light-filled spaces
Jamie Morrison 021 684 400
Behind every successful man is a woman. Behind her is his wife (Groucho Marx)
Rents start to climb as quality
tenants queue up for a home
T HE huge demand for rental
property has reset values in the
city fringe area, with $900 a week
rentals for quality four-bedroom
homes in the wider Mt Albert area
more frequent now than anytime
before.
“Quality properties are just flying
out the door,” says Des Ryder, head
of the Anne Duncan Real Estate
property management team.
“We have lists of brilliant tenants
waiting for a place to rent and
we’re placing them within days of
vacancies hitting our desks.”
Des says the Christchurch quake
has added more pressure, with
plenty of excellent prospective
tenants from the South Island
making contact lately.
Added to that is the strain posed
by otherwise “natural buyers”
who are “biding their time” –
staying renting at the moment and
building up their deposits.
Des says he knows of some
people staying in motels at a
weekly cost of $1000, waiting for
a home to rent and many others
have told him of searching for
months to find a suitable rental.
Des and his team don’t run
large open homes for rentals. They
prefer to pre-check applicants
where possible and build up lists of
qualified and high quality tenants.
“We have many outstanding
tenants on our books looking for a
home and our problem is that we
don’t have enough quality stock to
satisfy the demand,” says Des. “If
any landlords out there are looking
for a professional approach to
property management, we’d love
to hear from them.”
Summer is normally a busy
time of the year, as students and
families make their plans. But the
rental team expects the demand-
web ID AD12275
28 Don Croot St, Kingsland
Price: $By Negotiation
4 x 2brm units, each with carport. 3 of
the 4 have been recently refurbished.
Anne Duncan 021 996 426
Josh Powell 021 905 234
city fringe FLYER
Great auction campaign brings
back memories of boom times
FOR people living in Wesley Ave,
Mt Albert, it must have seemed
like the real estate boom times
were back. Scores of groups at
open homes, furious auction
bidding and sensational price –
it was all there.
Centre of attraction was 4
Wesley Ave (pictured), a part-
renovated 1950s three-bedroom
home with two bathrooms that
caught the eye of 14 interested
parties through the three-week
marketing plan of consultants
John and Mark Covich.
The owner, an architect, had
lived at the house for 11 years,
taking his time to plan the
transformation into a modern
contemporary home.
He started from the rear
of the property with expert
landscaping, and then went
to work on the bedrooms and
bathrooms, bringing the interior
back to bare bones and cutting
no corners in the renovation.
Late last year it was time to
tackle the front of the property
– to transform the kitchen and
lounge and open up a bigger
living area. Then came an
opening he could not ignore: the
chance to return to hometown
Invercargill to take up a new
and-supply imbalance to continue
until Easter this year.
In the meantime, rents are going
up. Des tells the story of a four-
bedroom in Sandringham now
commanding $800 a week – up by
$150 over the last two years.
web ID AD12294
2/135 Pah Rd, Royal Oak
Price: $By Negotiation
Immaculately presented 2 brm brick &
tile unit. Generous living area flows onto
a fully fenced courtyard and deck area.
Anne Duncan 021 996 426
career opportunity.
So, with the next stage of
the transformation already
under consideration, 4 Wesley
Ave went on the market. The
marketing campaign drew a
terrific response: 103 groups the
first weekend, adding up to an
exciting auction night.
With a CV of $560,000 (not
reflecting the full extent of
the renovation), the owners’
expectations were realistic,
despite the desirable location.
But at $740,000 three bidders
were still in the hunt and the
hammer finally fell at $797,000.
The vendor was delighted and
so were the buyers, a couple
eyeing Mt Albert Grammar
School for their teenage son.
As John Covich says, “it
was a terrific result all round
and showed the value of the
auction system backed by strong
marketing and a wealth of local
knowledge.”
Elsewhere in the Anne Duncan
catchment area, two-bedroom
units are fetching $320-$380
a week, three bedroom houses
usually run between $550-$680
and four bedroom are drawing
$650-$900.
web ID AD12265
6 Colwill Rd, Massey
Auction: Wed 20th April (unless sold prior)
Solid 1960’s 3 brm family home with
spacious living and separate dining.
Enormous potential to add value.
Donna Whyte 021 550 274