
Auckland Central
9/143 Pakenham Street West
Sold 15 October 2026
Freemans Bay, Auckland
Freemans Bay is an inner-city suburb directly west of the Auckland CBD, and one of the earliest settled parts of the city. Its homes range from workers’ cottages and villas to townhouses and modern apartments, set around Victoria Park and Western Park. Over the last 12 months, 81 Freemans Bay homes sold (REINZ). Each of those sales is evidence for the next one.
Our Auckland Central team, part of Ray White A T Realty, covers Freemans Bay and specialises in homes and apartments across the city fringe.
If you’re thinking about selling, start with a free, no-obligation appraisal based on the Freemans Bay sales that genuinely compare with your home. You can also check current Freemans Bay house prices first.

Free · No obligation
A written price range based on an inspection of your home and recent comparable sales. No obligation to list.
We’ll be in touch within one business day. You’ll hear from a licensed salesperson who covers Freemans Bay, not a call centre.
What we do
A good Freemans Bay agent prices your home from recent comparable sales of the same type of home, not from a suburb median. That matters in Freemans Bay, because apartments, townhouses, cottages and villas sit side by side and sell to different buyers at very different prices. The agent then chooses the method, markets to the right buyers, negotiates, and holds a current Real Estate Authority licence.
In practice that means:
A two-bedroom apartment near Victoria Park, a townhouse on a side street and a restored villa on the ridge are separate markets. Your agent should show you the sales they're using and why each one is relevant.
Freemans Bay buyers include people who work in the city centre, owners moving from Ponsonby or St Marys Bay, downsizers and investors. The campaign has to reach the ones most likely to pay the most for your home.
Auction, deadline sale or negotiation each suit different homes. The right method depends on the property, how many buyers are likely and how many comparable sales exist.
Agents are licensed under the Real Estate Agents Act 2008 and must follow the Real Estate Authority's code of conduct, including how offers are handled and what must be disclosed. If something goes wrong, the Authority runs a complaints process.
Market snapshot
Freemans Bay’s median sale price was $1,630,000 over the last 12 months, down 7.4% on the previous 12 months (REINZ data, published September 2026). That figure comes from 81 sales, and two- and three-bedroom apartments were the most popular listings, so the median blends apartments and houses. Your own home’s value depends on its type, size, condition and position.
The same source puts the median asking price at $1,475,000, down 13.2%, and the median time to sell at 37 days. An asking median below the sale median usually says more about what’s on the market than about discounts: when more apartments are listed, the asking median falls. It’s another reason to price from sold homes like yours, not from suburb figures. An appraisal does exactly that.
$1.63m
Median sale
37
Days to sell
81
Sales (12 mo)
REINZ data, 12-month median, published September 2026

The process
A free appraisal is a written price range from an agent, based on an inspection of your home and recent comparable sales in and around Freemans Bay. It usually takes under an hour on site.
Ready to find out what your home is worth?
Book your free appraisalAn appraisal is an agent’s opinion of what your home would sell for now. It’s free and it’s for selling decisions. A registered valuation is a paid report from a registered valuer, used by banks, lawyers and courts. A council CV (capital value) is Auckland Council’s rating valuation for setting rates. It isn’t a market price and isn’t updated between revaluations.
When you search for a property appraisal in Freemans Bay, you’ll see agency appraisal pages, valuers, online estimates and the council’s rates lookup side by side. They answer different questions. In a suburb where a cottage and an apartment on the same street have almost nothing in common, an automated estimate can land well away from what a buyer will pay. If you’re selling, start with an appraisal. If a bank needs a figure, you’ll need a registered valuation. We explain the difference in appraisal vs valuation explained.
Value drivers
Freemans Bay values are driven by the type of home, its size and site, outlook and position, the planning rules that apply, parking, and for apartments the building itself. Two homes a few doors apart can sell for very different amounts because of these, which is why the suburb median is only a starting point for any single property.
Two- and three-bedroom apartments are Freemans Bay's most popular listings, but the suburb also has workers' cottages, villas, 1960s and 1970s flats and townhouses. Each is its own market.
Streets near Victoria Park, Western Park or with a view toward the harbour are sought after. Traffic noise from busier roads and the motorway approaches works the other way.
Parts of Freemans Bay are in the Auckland Unitary Plan's Special Character Areas Overlay, whose statement names Freemans Bay among the earliest suburbs close to the city centre. Inside the overlay, demolition and many alterations need resource consent.
Many older homes sit on small sites with limited off-street parking, so a garage or car park on the title matters to buyers.
Freemans Bay School's home zone covers the streets between Ponsonby Road, College Hill and the city centre. No Freemans Bay streets are on the Auckland Grammar or Epsom Girls Grammar lists. Always check the exact address with each school.
Recent results

Auckland Central
Sold 15 October 2026

Herne Bay
Sold 2 April 2026

Grey Lynn
Sold 3 July 2026

Eden Terrace
Sold 26 August 2026

Eden Terrace
Sold 13 April 2026

Grafton
Sold 8 September 2017
A selection of recent sales from across Auckland, pulled live from our office websites and updated daily.
Auction suits Freemans Bay homes that several buyers are likely to want and that are hard to value from other sales: restored cottages and villas, homes with a view or a garage, and anything rare on small city-fringe sites. It sets a date and brings buyers to a decision. Deadline sale or negotiation can suit apartments, where buyers need time to read body corporate documents before they commit.
We look at recent results for similar homes before recommending a method, and explain the trade-offs of each. For timing, presentation and situations such as selling a character home, a tenanted property or an apartment, see how to sell a home in Freemans Bay.

Two- and three-bedroom apartments were Freemans Bay’s most popular listings over the last 12 months. They sell to a different mix of buyers than houses: downsizers, professionals who want to walk to work, investors and first-home buyers who want to live between the city centre and Ponsonby Road. Pricing depends on the building, the body corporate, the unit’s position and whether a car park comes with it.
Selling a unit title property also comes with legal steps, including pre-contract disclosure under the Unit Titles Act 2010. Our guide to Freemans Bay apartments and townhouses covers prices, buildings and what to prepare.
Freemans Bay suits buyers who want to walk to the city centre, Ponsonby Road and two large parks. Victoria Park lies on land reclaimed from the old bay, and the Wynyard Quarter waterfront is to the north. Karanga-a-Hape station on the City Rail Link opened in September 2026. Buyers often compare Freemans Bay with Ponsonby, St Marys Bay and Grey Lynn, so it helps to know how your home stacks up.
Our Freemans Bay property guide covers housing types, lifestyle, schools and what buyers check. Nearby, we also cover Ponsonby, Grey Lynn and Herne Bay.

Your local team
Our Auckland Central office is part of A T Realty Group, which was named New Zealand’s Agency of the Year at the 2025 REINZ Awards for Excellence, for the second year running.
Whether you’re selling an apartment, a home, or an investment property in Freemans Bay, our team knows the buildings, the body corporates and the buyers.
09 262 2250Talk to us
One of our licensed salespeople who covers Freemans Bay will be in touch within one business day.
Request your appraisalQuestions
Freemans Bay rewards local detail. The right agent prices your home from the sales that really compare, knows the difference between a cottage, a townhouse and an apartment market, checks the planning and school zone details early, and chooses the method that suits your home and its buyers. Start with a free appraisal and you’ll know where your home sits before you decide anything.
Find out where your home sits in the market.
Get your free Freemans Bay appraisal