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Sold: $630,000

Sold on 2024 Year 2024 Month 02 Day 01

703/26 Library Lane, Albany, Auckland - North Shore

1
1
56m2

Located at 703/26 Library Lane, Albany, Auckland - North Shore, this modern apartment offers a comfortable living space with 1 bedroom, 1 bathroom, and 1 carpark. Spanning a floor area of 56 square meters, the property is characterized by its concrete walls and iron roof, both in good condition. Built in 2018, it falls under the Unit Title ownership type, making it an ideal choice for those seeking a hassle-free property in a residential apartment complex. The property's contour is described as having an easy/moderate fall, indicating a gentle slope that adds to its charm.

The property's capital value has remained steady at $700,000 since June 1, 2016, and July 1, 2017, with no increase observed. The latest HouGarden AVM estimates the property's value at $670,000, while the most recent sale on January 25, 2024, was recorded at $630,000. Despite the lack of capital value increase, the property's strategic location and modern amenities make it a valuable investment.

Education is a priority for residents in this area, with the property zoned for top-rated schools. Albany Senior High School (Secondary, Year 11-15) and Albany Junior High School (Secondary, Year 7-10) both boast a decile rating of 10, while Albany School (Contributing) has a decile rating of 9. These highly regarded educational institutions ensure a premium learning environment for students.

Updated on April 06, 2024.

Council Data

Last update : 2025 01 22
Improvement value$275,000Reduced by -12% from year 2017
Land value$425,000Increased by 10% from year 2017
CV(Year 2021 Month 06)$700,000Reduced by 0% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Floor area56m²
Decade of construction2018
Title813265
Type of titleUnit Title
Legal descriptionUNIT 708 DP 507019 AU47
CouncilAuckland - North Shore
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 708 AND ACCESSORY UNIT 47 DEPOSITED PLAN 507019
Council rates$2,079.48
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
0.40 km
Secondary
11-15
Government
Co-Educational
EQI: 440
10
Albany School
1.23 km
Primary
1-6
Government
Co-Educational
EQI: 384
9
Albany Junior High School
2.52 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)
23View
Type: Unit
Sales median price(Last 12 months)
$500,000
Low: $160,000, High: $660,000
Rent median price(Last 12 months)
$480
Low: $220, High: $850
Albany property trend
Year
Median price
Growth
Sales count
2024
$505,000
-2.9%
24
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
0.03 km
2
1
72m2
Year 2024 Month 10 Day 16
$722,000
Council approved
0.03 km
1
1
67m2
Year 2024 Month 08 Day 28
$626,000
Council approved
605/24 Library Lane, Albany
0.02 km
1
1
52m2
Year 2024 Month 08 Day 14
-
Council approved
0.01 km
1
1
52m2
Year 2024 Month 08 Day 08
$525,238
Council approved

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