Remuera - Help Me Sell

Suburb Specialists

Price Watch

Remuera house values increased by -1% over the last year to an average of $2,086,050.

VALUE GROWTH BY NEIGHBOURHOOD

Click on the neighbourhood below to see historical value growth:

Remuera

The average time it takes to sell a property in the general Remuera area is currently 45 days.

VALUES & SALES STATS:  

Number of Homes          9,965 Average CV          $1,825,000
Sales in last 12 months   458
Average Price        $1,770,000 Highest Price       $18,500,000
Sales over $1m                390 Sales over $2m               198
Sales over $3m                 83 Sales over $5m                26
Source: QV.co.nz

Most expensive sale: $18.5m in March 2016, Burwood Crescent. A contemporary 780m home on 1,600m section with spectacular harbour views and a $30,000 a year rates bill. To find out who sold it and the best agents to sell your home, go to our Agent Selector Service.

60 homes in Remuera have a CV of $10m+ and four homes have a CV of $20m+. The highest is in Arney Rd, at $25m and occupying over 5,000 sqm of prime, northern slopes real estate.  

Agents' Angle 

Stephen Hart (Ray White, Remuera):

"Remuera is rightly, still one of Auckland's most sought after suburbs. We have significant buyer interest across the $2.5m to $12m+ price range looking to buy now."                             

 MEET THE NEIGHBOURS 

Charity champion, Dame Rosie Horton, Team NZ head honcho, Grant Dalton and Spark CEO, Simon Moutter.

Click here to find your CV

In a Nutshell

Remuera has two distinct real estate marketplaces; northern and southern slopes and most agents specialise accordingly.

All of the main agency groups have a local presence, as do more boutique outfits that perhaps have a perceived cachet that appeals to some buying and selling groups.

Homes on the northern side are the most expensive and many of the agents selling them have high profiles and near-celebrity status.

Properties on the southern side are cheaper, but still in Grammar zone, and often appeal to multi-generational Asian families in particular. Many of the agency teams are wisely multilingual.

Homes in the $3m+ price bracket can be difficult to sell at high premiums to CV, the buying market is comparatively small and is increasingly tempted by Parnell and Herne Bay. Many of these homes may not sell successfully at auction and can require discreet negotiations and persistence.

Both sides of the ridge are very competitive when it comes to listings. Would-be sellers should choose an agent that they feel will appeal to the types of buyers they are likely to attract.

Key Numbers

Median Value
$2,086,050

Annual Gain
-1%

Premium To CV
0%

Number of Days to Sell:
45