This remarkable property located at 24/88 Cook Street, Auckland Central, Auckland - City, is a testament to urban living with its 4 bedrooms and a spacious 224m² floor area. The apartment, nestled within a Residential - Apartments category, boasts a concrete wall construction and mixed materials for the roof, both in average condition, reflecting its 1997 construction year. The property stands on a level contour and offers a single carpark, underlining its practicality in the bustling city environment. Ownership falls under a Unit Title, ensuring a structured and secure investment.
The financial journey of this property is impressive, with its capital value escalating from $960,000 in July 2017 to $1,380,000 by June 2021, marking a 43.75% increase. This growth is supported by a HouGarden AVM of $1,322,500. The latest sale in February 2024 saw the property fetching $1,280,000, a significant leap from its $260,000 sale in March 2012, showcasing its lucrative investment potential.
Education is a cornerstone of this property's appeal, situated within the zones of high-decile schools such as Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3). These institutions offer quality education from contributing levels through to secondary education, making it an ideal location for families prioritizing academic excellence.
Updated on April 05, 2024.
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Freemans Bay School | 0.36 km | Primary | 1-6 | Government | Co-Educational | EQI: 407 | 6 | |
Auckland Girls' Grammar School | 0.70 km | Secondary | 9-15 | Government | Single Sex-Girls | EQI: 488 | 3 | |
Ponsonby Intermediate | 1.55 km | Secondary | 7-8 | Government | Co-Educational | EQI: 381 | 9 | |
Western Springs College-Ngā Puna o Waiōrea | 3.68 km | Secondary | 9-15 | Government | Co-Educational | EQI: 416 | 8 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $657,500 | 5.2% | 9 |
2022 | $625,000 | -75.5% | 6 |
2021 | $2,550,000 | 351.3% | 9 |
2020 | $565,000 | - | 25 |
2019 | $565,000 | -5.8% | 31 |
2018 | $599,500 | -3.5% | 28 |
2017 | $621,000 | 28% | 42 |
2016 | $485,000 | 27.6% | 51 |
2015 | $380,000 | -3.2% | 35 |
2014 | $392,500 | - | 36 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.01 km | 1 | 1 | 59m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
 | 0.09 km | 1 | 1 | 56m2 | Year 2024 Month 03 Day 19 | $750,000 | Council approved | |
0.00 km | 1 | 1 | 56m2 | Year 2024 Month 03 Day 11 | $750,000 | Council approved | ||
0.01 km | 2 | 1 | 82m2 | Year 2024 Month 02 Day 18 | $1,270,000 | Council approved | ||
0.02 km | 3 | 1 | 88m2 | Year 2024 Month 02 Day 16 | $900,000 | Council approved |