Recent sales information publicised by the Real Estate Institute in the latter months of the year 2009 report a number of good quality residential properties in the southern suburbs of Auckland's North Shore selling in excess of $2,500,000. Demand has returned to the marketplace and many of these properties have been offered for sale for some considerable time without attracting a successful purchaser. However it is noted to several real estate organisations actively marketing these expensive properties that there is a renewed level of enquiry and activity.

Sales information of note at $2,500,000 and above, in the latter months of the year 2009 includes the following:

6 Eric Price Avenue, Milford - sold in November 2009 for $2,500,000. A 749sqm site at the southern end of Lake Pupuke with wide views back over the lake. The development includes a modern contemporary designed 450sqm 1980s style residence with five bedroom/four bathroom layout. Previously purchased in March 2006 for $3,150,000. Rating Valuation $2,900,000.

4 Kowhai Street, Takapuna - sold in September 2009 for $2,650,000. A larger site of 981sqm in a prime road leading to the popular southern foreshores of Lake Pupuke. The development includes a quality modern new, four bedroom residence with a floor area of around 408sqm. Rating Valuation $1,850,000.

53 Lakeview Road, Takapuna - sold in September 2009 for $2,900,000. A lakefront foreshore property of some 1,333sqm to the southern end of the lake facing north situated close to the North Shore Rowing Club premises. The development includes a 1960s architect style 280sqm residence. Rating Valuation $2,700,000.

6 Lakeview Road, Takapuna - sold in October 2009 for $3,140,000. An elevated larger site of 1,790sqm with a quality enlarged and renovated 1920s bungalow of some 430sqm with inground pool. Excellent presentation. Rating Valuation $3,550,000. Sold previously in June 2007 for $3,795,000.

8 Brett Avenue, Takapuna - sold in September 2009 for $4,025,000. One of the popular "avenue/streets" between Takapuna and Milford. 1,014sqm site with a quality new architect designed residence with a total floor of some 395sqm. Excellent presentation, inground pool, excellent location. Rating Valuation understated at $3,400,000.

48 Hauraki Road, Takapuna/Hauraki - sold in September 2009 for $6,150,000. A beachfront 934sqm site on the southern end of Takapuna Beach. The development includes a substantial 583sqm residence originally erected in the 1970s but extensively added to and altered in the 1990s. Rating Valuation $6,300,000.

52 Cheltenham Road, Cheltenham Beach - sold in December 2009 for $4,500,000. A beachfront rear site of some 914sqm with a very good quality upgraded and renovated 300sqm kauri weatherboard villa. Excellent location, direct access onto the beachfront reserve, good garaging and very good presentation.  Rating Valuation $4,100,000.

7 King Edward Parade, Devonport - sold in December 2009 for $2,900,000. A 723sqm site located on the corner of May Street, south facing but overlooking the harbour, quality older residences along King Edward Parade. Turn of the century villa of some 430sqm over two floor levels.  Excellent presentation.  Rating Valuation $3,200,000.