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Sold: $626,000

Sold on 2024 Year 2024 Month 08 Day 28

507/22 Library Lane, Albany, Auckland - North Shore

1
1
67m2

Nestled in a serene cul-de-sac at 507/22 Library Lane, Albany, Auckland, this residential apartment boasts a single bedroom, a bathroom, and a carpark. Constructed in 2018 with concrete walls and an iron roof, both in good condition, the property enjoys an easy/moderate contour. It is governed by a Unit Title and offers a comfortable floor area of 67 square meters.

Since 2017, the Capital Value (CV) has seen a decrease of 7.79%, from $770,000 to the current $710,000. However, the HouGarden AVM estimates the property at $740,000. Notably, the latest sale was recorded on August 28, 2024, at $626,000, following a previous sale in January 2015 at $477,000.

For families with school-aged children, the property falls within the zones of Albany Senior High School (Decile 10), Albany School (Decile 9), and Albany Junior High School (Decile 10), ensuring access to quality education.

Updated on October 23, 2024

Council Data

Last update : 2024 12 11
Improvement value$240,000Reduced by -30% from year 2017
Land value$470,000Increased by 10% from year 2017
CV(Year 2021 Month 06)$710,000Reduced by -7% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Floor area67m²
Decade of construction2018
Title813217
Type of titleUnit Title
Legal descriptionUNIT 512 DP 507019 AU13 1/44 SH AU18S
CouncilAuckland - North Shore
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 512 AND ACCESSORY UNIT 13 AND 1/44 SHARE OF ACCESSORY UNIT 18S DEPOSITED PLAN 507019
Council rates$2,098.31
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Local Centre Zone

School zones

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

Property history

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For developers

Unitary plan:Business - Local Centre Zone
Land:-
Title:Unit Title

Surrounding facilities

Library Lane Neighborhood and Surrounding Data

Suburbs

Data analysis - Albany properties data
Sales count(Last 12 months)
21View
Type: Unit
Sales median price(Last 12 months)
$500,000
Low: $160,000, High: $660,000
Rent median price(Last 12 months)
$490
Low: $220, High: $850
Albany property trend
Year
Median price
Growth
Sales count
2024
$500,000
-3.8%
21
2023
$520,000
2.5%
22
2022
$507,500
-18.8%
20
2021
$625,000
14.2%
21
2020
$547,500
8.4%
30
2019
$505,000
7.9%
13
2018
$468,000
-13.5%
31
2017
$541,000
25.5%
32
2016
$431,000
-2.9%
22
2015
$444,017
7%
49
2014
$415,000
-
31

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
303/22 Library Lane, Albany
0.02 km
2
2
72m2
Year 2024 Month 11 Day 01
-
Council approved
605/24 Library Lane, Albany
0.02 km
1
1
52m2
Year 2024 Month 08 Day 14
-
Council approved
0.02 km
1
1
52m2
Year 2024 Month 08 Day 08
$525,238
Council approved
0.24 km
1
1
46m2
Year 2024 Month 08 Day 04
$430,000
Council approved
604/26 Library Lane, Albany
0.03 km
2
1
73m2
Year 2024 Month 07 Day 26
$650,000
Council approved

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