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Sold: $517,000

Sold on 2024 Year 2024 Month 08 Day 24

406/438 Queen Street, Auckland Central, Auckland

2
1
53m2

Nestled in the heart of Auckland Central at 406/438 Queen Street, this residential apartment boasts a modern design with 2 bedrooms, 1 bathroom, and a floor area of 53 square meters. Constructed in 2022, the property features mixed materials for both the roof and walls, which are in good condition. It sits on a level contour and is governed by a Unit Title ownership. The absence of car parks adds to the tranquility of this quiet cul-de-sac location.

Since the previous valuation in 2017, the Capital Value has seen a decrease of 18.42%, reflecting a current CV of $620,000. However, the HouGarden AVM estimates a higher value at $765,000. Notably, the latest sale history shows a property sold for $517,000 in 2024, compared to $603,000 in 2018.

For families with school-aged children, the property falls within the zones of highly regarded Auckland Grammar School (Decile 9) for secondary education, Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3), ensuring access to a range of educational options.

Updated on October 02, 2024

Council Data

Last update : 2025 03 05
Improvement value$400,000Reduced by -29% from year 2017
Land value$220,000Increased by 12% from year 2017
CV(Year 2021 Month 06)$620,000Reduced by -18% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area53m²
Decade of construction2022
Title816180
Type of titleUnit Title
Legal descriptionPRIN 405 DP 519465
CouncilAuckland - City
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 405 DEPOSITED PLAN 519465
Council rates$1,889.09
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - City Centre Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Auckland Girls' Grammar School
0.88 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Freemans Bay School
0.98 km
Primary
1-6
Government
Co-Educational
EQI: 407
6
Auckland Grammar School
1.70 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Ponsonby Intermediate
2.23 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9

Property history

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For developers

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

Queen Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Auckland Central properties data
Sales count(Last 12 months)
269View
Type: Unit
Sales median price(Last 12 months)
$485,000
Low: $105,000, High: $2,250,000
Rent median price(Last 12 months)
$587
Low: $300, High: $1,500
Auckland Central property trend
Year
Median price
Growth
Sales count
2024
$500,000
2.2%
304
2023
$489,000
-3.4%
326
2022
$506,250
-18.2%
312
2021
$619,000
10.5%
582
2020
$560,000
-6.3%
545
2019
$597,450
11.9%
565
2018
$533,750
-1%
724
2017
$539,000
10.5%
643
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
821/430 Queen Street, Auckland Central
0.05 km
2
1
40m2
Year 2025 Month 02 Day 20
$337,500
Council approved
603/430 Queen Street, Auckland Central
0.06 km
2
1
-m2
Year 2025 Month 02 Day 19
$360,000
Council approved
221/430 Queen Street, Auckland Central
0.06 km
2
1
40m2
Year 2025 Month 01 Day 25
$337,000
Council approved
0.01 km
1
70m2
Year 2025 Month 01 Day 10
$610,000
Council approved
616/430 Queen Street, Auckland Central
0.06 km
2
1
40m2
Year 2024 Month 10 Day 18
$329,000
Council approved

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