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city fringe FLYER

NOW SELLING
web ID AD12648 9A Moreland Rd, Mt Albert Auction : Wed 19th Sept 2012* 3 dbl brm 1960s brick & tile home, 2 bthrms, single garage. Great indoor/ outdoor flow. Quiet ROW position Mark Bailey 021 714 799

10 Grant St sold for 40 per cent above its 2011 capital value

54 Methuen Rd sold for 41 per cent above CV

25 Monaghan Ave sold for 62 per cent above CV

Prices hit new highs as buyers zero in on city fringe hot spot
T
HIS is the story of four houses in an Auckland winter where sale volumes may have been ordinary but in the wider Mt Albert area certainly prices have been extraordinary. All four, marketed by Anne Duncan Real Estate consultants over three-week campaigns, were beautifully-presented family homes in a part of the city that is being recognised as giving great value close to the CBD joining areas like Ponsonby, Kingsland, Herne Bay, Pt Chevalier and Grey Lynn as 2012 real estate hot spots. First up in early May was 10 Grant St, Mt Albert, marketed by John Covich, which drew 113 inspections. With six registered buyers, the property sold under the hammer for $1.215m ($345,000 above the rating capital value set in July last year). At the end of May, 54 Methuen Rd, New Windsor, marketed by Wendy Keats, sold on auction night for $705,000 after attracting 135 inspections. It was a staggering result, $205,000 above CV and delighted vendors who had been hoping for a sale price of up to $600,000. A month later, the auction room was buzzing as two more Mt Albert bungalows took pride of place. 1 Baldwin Ave, marketed by John Covich, had drawn 177 inspections and 25 Monaghan Ave, marketed by Greg Whitta, around 100 groups and it was obvious bidding competition would result in premium prices for both properties. neighbouring suburbs are being recognised as terrific areas to live in, says company principal, Anne Duncan. We have great schools, lovely big sections, nice parks, plenty of trees, quality amenities and transport links, all so close to the city why wouldnt people want to come and live here?
1 Baldwin Ave sold for 67 per cent above CV

web ID AD12647 159 Dominion Rd, Mt Eden Auction : Wed 19th Sept 2012* Warm, sunny 2 level home with 3 bdrms and 1 bthrms down ROW. Large lounge, sunny deck & garden. Vincent Barnao 021 2758 925

web ID AD12650 22 Finch St, Western Springs Auction : Wed 19th Sept 2012* Very tidy 3 double bedroom 1980s home on very sunny north west facing full section. Greg Whitta 021 992 612

web ID AD12653 105 Alberton Ave, Mt Albert Auction : Wed 19th Sept 2012 4 bedroom character bungalow with 2 bathrooms, double garage, 776 m2 site in the Golden Triangle. Anne Duncan 021 996 426 Emma Duncan 021 845 347

web ID AD12646 * Unless sold prior 73 Morningside Dr, Mt Albert Price: $By Negotiation Huge 2 level solid 1960s home in a high profile location with lots of options. 7 Bdrms - zoned 7B Vincent Barnao 021 2758 925

Baldwin Ave set a new record for Mt Albert prices outside the Golden Triangle and the mountains northern slopes: a cool $1.275m more than half a million dollars above CV. The result in Monaghan Ave was just as impressive: a selling price of $1.065m more than $400,000 above the 2011 rating valuation. These are just four of the properties sold by the Anne Duncan team over the last three months, and they have been highlighted here to illustrate the heat in a city fringe market stoked by a lack of stock and low interest rates. Local demand is high across all property price brackets, but is strongest between $700,000 and $1.1m. The gap between prime Mt Albert and other parts of the suburb has narrowed and, in time, will inevitably bring a spurt in values on the slopes and Golden Triangle as traditional relativities are restored. Some of the prices being achieved have been quite amazing and a real indication that Mt Albert and its

Anne points to historic trends to support her contention that local values will continue to rise over time: The reality is that more people want to live here than leave here. The demand will always be here because people can see they get more bang for their bucks and that will increase as Auckland continues to grow and as people place greater value on living close to the city centre. She is concerned at the frustration felt by buyers who are spending money on specialist reports only to miss out as prices on auction day move beyond reach. Her consultants pass on price feedback from open homes to would-be buyers, but are finding that bids often run much higher when the competition of the auction room comes into play. Demand is running well ahead of supply, especially with character homes, and it is very difficult to price many properties, says Anne. Thats why we recommend auction. The fact is that people are paying more and in some cases much more than we and our vendors have anticipated.

www.anneduncan.co.nz

09 846 9470

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www.anneduncan.co.nz
Anne Duncan Real Estate Ltd
LICENSED REAL ESTATE AGENT (REAA 2008) MREINZ

You see our signs everywhere!

2 & 2a Caughey Place MT ALBERT
2 x freehold units to be sold separately, each offering 2 dble bedrooms, separate lounge and dining. Modern kitchen and bathroom. Land 283m2 and 369m2 respectively.

16 Ennismore Rd MT ALBERT
Family friendly bungalow, 3 dbl bdrms, 2 living areas, 1 bthrm with separate bath & shower plus formal dining & studio/games room. Plenty of off street parking. All on a sunny 696m2 section.

29C School Rd Kingsland Josh Powell

The team
Your advantage
Greg Whitta 021 992 612 John Covich 021 946 933 Vincent Barnao 021 275 8925 Anne Duncan 021 996 426 Josh Powell 021 905 234

25 Benfield Ave Mt Albert Jamie Morrison

web ID AD12632
Contact: John Covich 021 946 933

Auction: Wed 5 September

web ID AD12636
Contact: Mark Bailey 021 714 799

2012 (unless sold prior)

Auction: Wed 5 September 2012 (unless sold prior)

3/93 St Lukes Rd MT ALBERT

52 Willcott St Mt Albert Anne Duncan Emma Duncan 11A Oregon Ave Avondale Julia Rust Fabulous two double bedroom townhouse with new kitchen and bathroom, sundrenched open plan living with French doors to deck and easy care garden and lock up garage. An ideal first home or great investment in an excellent location.

791 New North Rd MT ALBERT

Beautiful 3 brm + study home boasting a combination of warm kauri floors, beamed ceilings, bay windows, 2 fireplaces, modern kitchen

web ID AD12634
Contact: Greg Whitta 021 992 612
40 Kenneth Ave Sandringham Wendy Keats 6 Springfield Rd Western Springs Vincent Barnao

Auction: Wed 5 September

2012 (unless sold prior)

Auction: Wed 5 September Contact: Vincent Barnao 021 2758 925 2012 (unless sold prior)

web ID AD12639

Gary Agnew 021 960 533

Jamie Morrison 021 684 400

Mark Bailey 021 714 799

Emma Duncan 021 845 347

Wendy Keats 021 216 7332

683 Hillsborough Rd MT ROSKILL

1960s house on large cross-leased rear section. 2 single garages, 2 bedrooms, 1 bathroom, combined lounge/dining. Great potential for first home buyers and investors.

15 Levonia St WESTERN SPRINGS

3 bedroom, 1930s character bungalow with a north facing sun-drenched deck and fully fenced backyard. Great central location, very handy to the cafes and restaurants of Kingsland and Grey Lynn.

212 Mt Albert Rd, Sandringham John Covich

Julia Rust 021 489 169

Des Ryder 0274 222 334

Rentals

Shane Ryder 0274 222 585

Rentals

Lauren Barrett 021 921 229

Rentals

11 Mt Albert Rd Mt Albert Greg Whitta

web ID AD12634
Contact: Wendy Keats 021 2167 332

Auction: Wed 5 September

web ID AD12628
Contact: Julia Rust 021 489 169

2012 (unless sold prior)

Auction: Wed 5 September 2012 (unless sold prior)

HOW TO REACH US
2/8 Eden View Rd Sandringham Josh Powell

1/20 Matai Rd GREENLANE

75 Alberton Ave Mt Albert Jamie Morrison Front elevated unit in block of three. Short stroll to Great South Rd, Greenlane and Cornwall Park. Spacious, light and well presented.

17 Glengarry Rd GLEN EDEN

Own your own block of 4 units. Very tidy flat section. Each unit on individual title with single carport and patio/garden.

746 New North Road, Mt Albert, Auckland Ph 09 846 9470 www.anneduncan.co.nz

THINKING OF SELLING?
17 Moreland Rd Mt Albert Greg Whitta

web ID AD12641

Auction: Wed 5 September 2012 (unless sold prior)

web ID AD12643

Auction: Wed 5 September 2012 (unless sold prior)

Contact: Anne Duncan 021 996 426 Emma Duncan 021 845 347
What best describes your position? (tick)

Contact: Anne Duncan 021 996 426 Emma Duncan 021 845 347

For an obligation-free appraisal of your home, fill out this slip and drop/post it into our offices: 746 New North Rd (opposite Rocket Park). Well make contact after that. Your name Address

Keen to sell now/soon Need appraisal before making up my mind Simply interested in what my house is worth

844 New North Rd Mt Albert Josh Powell, Anne Duncan

2178 Great North Rd AVONDALE

Huge flat 2529m2 site. Res 6A zoning. 3 bedroom weatherboard house, garage and shed. Adjacent to the Whau Creek.

2B La Veta Ave MT ALBERT

4 bedroom brick and tile home set well back off the road. Fantastic indoor/outdoor flow from both the lounge and dining areas to nor/west facing decks. Internal access double garage.

Phone

9 Rawalpindi St Mt Albert Gary Agnew

City Fringe Flyer is a community newsletter and readers should seek professional guidance before acting on any 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 material it contains. Editorial inquiries: bruce_morris@xtra.co.nz

3/44 Allendale Rd Mt Albert Anne Duncan, John Covich

web ID AD12642

Auction: Wed 5 September 2012 (unless sold prior)

Contact: Anne Duncan 021 996 426 Emma Duncan 021 845 347

Auction: Wed 19 September Contact: Vincent Barnao 0212 758 925 2012 (unless sold prior)

web ID AD12654

Be who you are and say what you feel because those who mind dont matter and those who matter dont mind (Dr Seuss)

Age is an issue of mind over matter. If you dont mind, it doesnt matter (Mark Twain)

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city fringe FLYER

COMMUNITY FILE
ways to continue to improve. In the same way that a top athlete will always be looking for ways to go higher or faster, we will continue to work on all our programmes to maintain the cycle of continuous improvement. the star performer. Challenging for that status was Tom Ferry, a motivational speaker from New York, who stirred up the audience with inspiring messages of how he grew his life from a wayward kid (purple Mohawk and all) to one of the worlds outstanding real estate trainers.

Now the Anne Duncan auction room is even more welcoming

A
A chat with... Julia Rust
What would others say of you? That Im vivacious, energetic and full of beans! Virtues and vices? Generous, honest and thoughtful. A vice? Maybe my morning coffee! What brightens your day? My two beautiful children Marley (4) and Hazel (2 and a half). Their energy and spirit lifts even the most challenging of days. What really annoys you? Put downs.lifes too short for that. The thing youve always wanted to do but havent yet cracked? Being an auctioneer Things youve learned about life and will take to the grave? How about these: honesty is the best policy; take responsibility for yourself; love and accept yourself. Who do you look up to who inspires you? Positive people with good energy. Id like to acknowledge my late grandparents they lived a good, long life. My grandmother had a disability and taught me to accept people for who they are and work hard and always try to be the best I can be. Who would you get to share the dinner table of your dreams? Id love to have Oprah Winfrey, Richard Branson, Ellen DeGeneres, Graham Norton, Rove McManus, Richie McCaw and Dan Carter, and my awesome family. What is something that people may not know about you? Before having kids I had a radio show for 7 years on George FM on a Saturday morning called The weekend wakeup with Jules. * Julia lives in Mt Albert with husband Andy and their two children. She joined Anne Duncan team this year after 20 successful years as a sales professional the last five in real estate.

successful business is always adapting and improving and no one can accuse Anne Duncan Real Estate of sitting on its laurels. The company auction nights have always commanded heaps of interest, with friendly, convivial surroundings, and a drink and a nibble at the end to celebrate sales. Everyones welcome. But big crowds have at times put pressure on the space in the auction room, especially at recent sale nights where a strong line-up of properties has provoked huge interest with people spilling out the doors. To make the experience more comfortable, the auction room has now been opened up to allow the full audience to be part of the process and give the auctioneer full contact with everyone, not just bidders. ARIST Primary School is one of the best in the city and its netball sides are pretty smart too even smarter this season with jackets sponsored by Anne Duncan Real Estate for the Marist Monkeys, Mighty Marist and Marist Mystics teams.

S American rock legend Neil Young told us, rust never sleeps and the latest recruit to the Anne Duncan residential team can make that point better than most of us. Certainly, you wont catch Julia Rust taking a mid-afternoon nap! Julia describes herself (as youll see in the Q and A on this page) as full of beans and her exercise CV is pretty impressive. She was a Waikato rugby cheerleader as a teenager and also represented the province in synchronised swimming. Now, she stays fit and healthy by doing spin class cycling at the gym and with yoga and swimming when she has the time while working hard for her clients and all those family duties filling in the gaps. group of Anne Duncan consultants have been mixing with American business royalty on the Gold Coast. Top attraction at the highpowered AREC 2012 convention (billed as the worlds best real estate conference) was none other than Donald Trump, though his presence came through a live satellite link from the US rather than in the flesh. Emma Duncan, Jamie Morrison, Vincent Barnao, Gary Agnew and John and Pam Covich returned home with a tip or two from The Don and a stack of ideas from an impressive list of speakers. Trump was at a friends wedding when the link went through, and spoke for an hour to the 2700 delegates from across Australia and New Zealand. But for Vincent Barnao and many other delegates he wasnt

Vincent Barnao
But Vincents award for most inspiring speaker went to Li Cunxin, whose autobiography, Maos Last Dancer, is now in its 23rd re-print and was turned into a wonderful movie. At the age of just 10 in the harsh days under Mao, young Li was selected from a poor country family to train in Madame Maos Beijing Dance Academy. He hated it, missing his family terribly. But he stuck at it and developed into a brilliant dancer a career that took him to the United States and, after marrying an Australian, across the oceans to the Lucky Country. At the conference, Cunxin used his life story to illustrate the rewards that flow from being passionate in all things, staying positive, pursuing excellence and setting and achieving goals. Vincent says: To be honest, I was on the verge of slipping away from the conference when he took the rostrum. I didnt recognise the name. But as soon as I realised he was the inspiration behind Maos Last Dancer, well, I just had to stay. It was such a great movie and the story is amazing. And Li Cunxin was absolutely outstanding wonderfully inspiring and the real star of the conference, earning a standing ovation.

NOTHER local institution that never sits on its laurels is Mt Albert Grammar (rated a high performing academic school by the Education Review Office), whose reputation and list of achievements continues to grow. But as headmaster Dale Burden notes in the schools Quarterly publication: We are not satisfied with ourselves, no matter what the results, and will always look for

Dale Burden

If you can dream it, you can do it (Walt Disney)