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20/3 The Avenue, Albany, Auckland - North Shore, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $530,000

Sold on 2024 Year 2024 Month 04 Day 26

20/3 The Avenue, Albany, Auckland - North Shore

2
1
53m2

Nestled in the heart of Albany, Auckland, at 20/3 The Avenue, this residential unit title property boasts 2 bedrooms, 1 bathroom, and 2 carparks. Constructed in 1997 with wood walls and an iron roof, both in good condition, the property sits on a level contour and offers a comfortable floor area of 53 square meters. The property's capital value has seen a rapid increase from $390,000 in July 2017 to $520,000 as of June 2021, reflecting a growth rate of 33.33%. This is a property that's hard to find, with restaurants, bars, cafes, and shopping at your doorstep, and the beautiful Browns Bay Beach just a few minutes away by car.

With a HouGarden AVM of $500,000 and a latest sale history of $450,000 in January 2019, this unit presents a great investment opportunity. The property's government valuation history and the potential for further capital value growth make it an attractive prospect for both first-home buyers and investors. The location is further enhanced by its proximity to highly-rated schools, including Albany Senior High School (Decile 10), Albany School (Decile 9), and Albany Junior High School (Decile 10).

Don't miss the chance to secure this property in a sought-after school zone, where the combination of quality education and a thriving local community make it an ideal place to call home. This is Albany's best buy at just $549,000!

Updated on April 26, 2024

Council Data

Last update : 2024 07 17
Improvement value$310,000Increased by 55% from year 2017
Land value$210,000Increased by 10% from year 2017
CV(Year 2021 Month 06)$520,000Increased by 33% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area53m²
Decade of construction1997
TitleNA114C/220
Type of titleUnit Title
Legal descriptionPU1H AU20 AU27 AU58 1/4SH IN AU41 AU72 1/2SH IN AU59 DP 183786
CouncilAuckland - North Shore
Estate descriptionSTFH,1/1,UNIT 1H AND ACCESSORY UNIT 20, 27 AND 58 AND 1/4 SHARE IN ACCESSORY UNIT 41 AND 1/4 SHARE IN ACCESSORY UNIT 72 AND 1/2 SHARE IN ACCESSORY UNIT 59 DEPOSITED PLAN 183786
Council rates$1,740.63 2023/2024
ConditionExternal Walls: Good Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Albany Senior High School
0.88 km
Secondary
11-15
Government
Co-Educational
EQI: 440
10
Albany School
1.54 km
Primary
1-6
Government
Co-Educational
EQI: 384
9
Albany Junior High School
2.91 km
Secondary
7-10
Government
Co-Educational
EQI: 408
10

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Unit Title
Zoning
Underground
Contour
State houses
Flood zone

Surrounding facilities

The Avenue Neighborhood and Surrounding Data

Suburbs

Data analysis - Albany properties data
Albany property trend
Year
Median price
Growth
Sales count
2024
$660,000
-1.6%
15
2023
$671,000
-1.7%
19
2022
$682,500
-9.3%
18
2021
$752,500
17.6%
68
2020
$640,000
10.3%
46
2019
$580,000
-2.5%
38
2018
$595,000
0.8%
64
2017
$590,000
23.7%
65
2016
$477,000
9.7%
46
2015
$435,000
11.8%
66
2014
$389,000
-
47

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
17 Fishwicke Lane, Albany
0.14 km
4
3
227m2
Year 2024 Month 04 Day 30
$1,345,000
Council approved
7/5 Perekia Street, Albany
0.18 km
3
3
168m2
Year 2024 Month 03 Day 15
$930,000
Council approved
18/3 The Avenue, Albany
0.01 km
2
1
53m2
Year 2024 Month 03 Day 05
$560,000
Council approved
18/3 The Avenue, Albany
0.01 km
2
1
-m2
Year 2024 Month 03 Day 01
$560,000
Council approved
0.23 km
3
110m2
Year 2024 Month 02 Day 16
$1,100,000
Council approved

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