Nestled on a serene cul-de-sac at 6 Kaikahu Road, Kerepehi, Hauraki, this residential dwelling, built in 1953, offers 2 bedrooms, 1 bathroom, and a modest 100 square meters of floor area. It sits on a generous 1012 square meters of land with an easy-to-moderate rise contour. The property boasts a brick exterior in average condition and an iron roof that's due for some attention. As a freehold property, it provides the security of full ownership. The capital value has remained stable at $500,000 since July 2021, with no increase observed by the latest assessment in September 2021. Notably, the HouGarden AVM estimates the property's worth at $480,000, while the latest sale on September 4, 2024, was at $310,000.
Regarding the government valuations, the capital value has seen no change over the two assessment periods considered, indicating a stable property market in the area. The CV increase speed is at 0.0%, reflecting a consistent property value trend.
For families with school-aged children, the property falls within the zone for Hauraki Plains College, a secondary school catering to Years 9-15 with a decile rating of 5, suggesting a good standard of education in the area.
Updated on October 09, 2024