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Sold: $435,000

Sold on 2024 Year 2024 Month 10 Day 10

501/74 Albert Street, Auckland Central, Auckland

2
1
50m2

Nestled at 501/74 Albert Street, Auckland Central, this residential apartment boasts a practical floor area of 50 square meters. Constructed in 2009 with concrete walls and an iron roof, both in good condition, this unit title property offers 2 bedrooms and 1 bathroom. The property sits on a level contour and is complemented by a desirable location within walking distance to various amenities.

Reflecting on its value, the capital value as of June 2021 stands at $440,000, showing a decrease of 6.38% from its July 2017 valuation of $470,000. However, the HouGarden AVM estimates the property at $465,000. Notably, the latest sale history indicates a significant increase from $300,000 in March 2016 to $435,000 in October 2024.

For families with school-aged children, the property falls within the zones of Western Springs College (Decile 8), 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 November 20, 2024

Council Data

Last update : 2024 12 11
Improvement value$275,000Reduced by -23% from year 2017
Land value$165,000Increased by 50% from year 2017
CV(Year 2021 Month 06)$440,000Reduced by -6% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area50m²
Decade of construction2009
Title416747
Type of titleUnit Title
Legal descriptionUNIT 501 DP 404813
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 501 DEPOSITED PLAN 404813
Council rates$3,403.24
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - City Centre Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Freemans Bay School
1.15 km
Primary
1-6
Government
Co-Educational
EQI: 407
6
Auckland Girls' Grammar School
1.42 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Ponsonby Intermediate
2.19 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9
Western Springs College-Ngā Puna o Waiōrea
4.47 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

Albert Street 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
0.04 km
2
1
50m2
Year 2024 Month 10 Day 08
$380,000
Council approved
0.04 km
2
1
50m2
Year 2024 Month 10 Day 08
$380,000
Council approved
1104/74 Albert Street, Auckland Central
0.04 km
2
1
50m2
Year 2024 Month 10 Day 08
$380,000
Council approved
1005/171 Queen Street, Auckland Central
0.04 km
1
1
-m2
Year 2024 Month 10 Day 01
-
Council approved
0.04 km
2
1
50m2
Year 2024 Month 09 Day 14
$390,000
Council approved

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