Auction Results, September 13, 2009

Commenting in the latest Harcourts MarketWatch newsletter Bryan Thomson Harcourts CEO says that the volume of written sales in Auckland  was a significant 78% ahead of August 2008 and in addition the average sale price was up 11% on the same month last year. Part of the reason for this is Harcourts significant expansion, especially on the North Shore, but sales activity is very strong. Developers seem to be back in the market with a 1800m2 subdividable site in Forrest Hill attracting significant interest, and selling under the hammer for $1,200,000.

Here are our auction results:

89 Forrest Hill Road, Forrest Hill, subdividable 1800m2 site with 1950′s bungalow, $1,200,000, unconditional.

60 Kowhai Road, Mairangi Bay, large 1980′s house with views, sold prior to auction, $855,000, unconditional.

69 Kowhai Road, Mairangi Bay, Tuscan style villa, passed in at $850,000.

16a Aeroview Road, Beach Haven, Sold unconditionally at $465,000.

12a Valley  Road, Browns Bay, Sold unconditionally, $645,000.

355 Glenvar Road, Torbay, spectacularly positioned on 2600m2 site, passed in and for sale.

24a Bayview Road, Glenfield sold prior to auction and unconditionally at $370,000.

3/38 Corunna Road, Milford, 2 bedroom brick and tile, rear site, sold unconditionally at $421,000.

22 Waitoki Road, Waitoki, lifestyle block has been postponed.