Millwater & Silverdale
Millwater is one of Auckland’s newest suburbs, and it continues to rapidly grow with new development. Sited as a gateway to both the North Shore and Hibiscus Coast, the Millwater area offers a lifestyle that has become highly sought after and has developed a reputation for being a family-friendly community with some excellent education and recreation options. Millwater boasts a wealth of north-facing slopes with beautiful bush and sea views with easy access to Auckland’s northern motorway. Silverdale is one of our older suburbs on the Hibiscus Coast and is integrated with Millwater. It includes lifestyle property and is well-known for its boutique shopping at Silverdale Village.
Market Statistics in Silverdale/Millwater
The Silverdale/Millwater area currently has 3190 addresses with plenty of construction still underway. Over the year ending 31st December 2020, there were 252 sales, making up approximately 16% of sales on the Hibiscus Coast. The median sale price was $1,150,000 which was much higher than the median sale price of the Hibiscus Coast of $950,000. Sale prices over this 12 month period ranged from $529,000 to $4,200,000. The year-on-year median price was up 3% compared to 1 year ago; the same as this same period 3 years ago; and up 15% compared to this period 5 years ago. The average days to sell was 39 days, exactly the same as the average for the whole Hibiscus Coast which was 39 days.
– Source: Real Estate Institute of New Zealand
1st January 2020 – 31st December 2020
Properties We’ve Sold in Silverdale/Millwater
12 Carpenter Lane |6 Emell Street | 59 Harris Drive | 265 Millwater Parkway | 47 Ormonde Drive | 41 Bonair Crescent | 105 Ormonde Drive