Grey Lynn / Westmere / Pt Chevalier - Help Me Sell

Suburb Specialists

Price Watch

Grey Lynn house values increased by 5% over the last year to $1,323,950. Westmere values increased 5% to $1,719,200. Pt Chevalier homes were up 7% to $1,377,650.

To see how much values and rental prices have grown over the last five years click on the neighbourhoods below: 

VALUE GROWTH BY NEIGHBOURHOOD

To see how much values and rental prices have grown over the last five years click on the neighbourhoods below: 

Grey Lynn 

Westmere 

Pt Chevalier  

The average time it takes to sell a property in the general Grey Lynn area is currently 29 days.

SALES & VALUE STATS

Recorded Sales             8,459 Average CV            $1,020,000
Sales in last 12 months   435
Average Price         $1,228,000 Highest Price          $3,160,000
Sales over $1.5m               130 Sales over $2m                   39
Sales over $2.5m                 11 Sales over $3m                    4

Source: QV.co.nz

Most expensive sale: $7.1m Rawene Ave, Westmere, May 2014. To find out who sold it and the best agents to sell your home, go to our Agent Selector Service.

Click here to find your CV

In a Nutshell

Sales activity has been frenzied in these suburbs over the last five years and shows no signs of abating. On the face of it, it's tempting to say that the homes seem to sell themselves and draw the obvious conclusion that this is a prime opportunity for private sales. That may indeed be an option and there are a number of examples currently on the market. However, there may be very large numbers of dollars at stake and would-be sellers should seriously consider if the sales price benefit of a strong local agent will outweigh their costs. Strong competition between agents for listings in these suburbs mean many sellers might try and use that situation to negotiate a favourable fee, rather than forego an agent entirely.  

Key Numbers

Median Value
$1,323,950

Annual Gain
5%

Premium To CV
36%

Number of Days to Sell:
29