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Sold: $590,000

Sold on 2024 Year 2024 Month 08 Day 08

3g/72 Wellesley Street, Auckland Central, Auckland

2
1
59m2

Nestled in the heart of Auckland Central at 3g/72 Wellesley Street, this residential apartment boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with concrete walls and a mixed-material roof, this unit sits on level contour and presents an average condition both inside and out. As a unit title property, it offers a floor area of 59 square meters, perfect for city living.

Since 2017, the capital value has shown a significant increase, rising from $520,000 to the current $610,000 as of June 2021, indicating a growth rate of 17.31%. The HouGarden AVM estimates the property's worth at $612,500, while the latest sale history shows transactions at $590,000 in August 2024 and $617,000 in July 2018.

For families with school-aged children, the property falls within the zones of Western Springs College (Secondary, Decile 8), Ponsonby Intermediate (Intermediate, Decile 9), Freemans Bay School (Contributing, Decile 6), and Auckland Girls' Grammar School (Secondary, Decile 3), ensuring access to a range of educational options.

Updated on September 11, 2024

Council Data

Last update : 2024 12 11
Improvement value$365,000Reduced by -8% from year 2017
Land value$245,000Increased by 104% from year 2017
CV(Year 2021 Month 06)$610,000Increased by 17% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area59m²
Decade of construction1960
TitleNA95B/739
Type of titleUnit Title
Legal descriptionAU 2 UP 159018, UNIT 3G UP 159018
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 3G AND ACCESSORY UNIT 2 DEPOSITED PLAN 159018
Council rates$1,870.26
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningBusiness - City Centre Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Freemans Bay School
0.69 km
Primary
1-6
Government
Co-Educational
EQI: 407
6
Auckland Girls' Grammar School
0.97 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Ponsonby Intermediate
1.83 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9
Western Springs College-Ngā Puna o Waiōrea
4.02 km
Secondary
9-15
Government
Co-Educational
EQI: 416
8

Property history

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For developers

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

Surrounding facilities

Wellesley Street West Neighborhood and Surrounding Data

Suburbs

Data analysis - Auckland Central properties data
Sales count(Last 12 months)
246View
Type: Unit
Sales median price(Last 12 months)
$489,500
Low: $105,000, High: $2,500,000
Rent median price(Last 12 months)
$590
Low: $250, High: $1,600
Auckland Central property trend
Year
Median price
Growth
Sales count
2024
$489,500
0.1%
238
2023
$489,000
-3.4%
327
2022
$506,250
-18.3%
312
2021
$620,000
10.7%
583
2020
$560,000
-5.1%
543
2019
$590,000
10.9%
559
2018
$532,000
-1.2%
723
2017
$538,500
10.3%
644
2016
$488,000
22%
709
2015
$400,000
20.2%
855
2014
$332,750
-
644

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
819/135 Hobson Street, Auckland Central
0.09 km
1
1
-m2
Year 2024 Month 09 Day 18
$231,000
Council approved
318/135 Hobson Street, Auckland Central
0.00 km
2
2
-m2
Year 2024 Month 08 Day 01
$276,000
Council approved
313/135 Hobson Street, Auckland Central
0.08 km
1
1
-m2
Year 2024 Month 08 Day 01
$176,000
Council approved
11B/125A Hobson Street, Auckland Central
0.07 km
2
1
78m2
Year 2024 Month 07 Day 16
$565,000
Council approved
0.07 km
2
1
78m2
Year 2024 Month 07 Day 06
$565,000
Council approved

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