Sold: $302,000
7a/34 Kingston Street, Auckland Central, Auckland
This two-bedroom apartment located at 7a/34 Kingston Street, Auckland Central, Auckland City, offers a compact living space of 37 square meters. Constructed in 2003 with concrete walls and an iron roof, both in average condition, this unit is part of a residential apartment complex. It features 1 bathroom, and while it lacks private parking, its central location and level property contour make it highly desirable. The apartment is under a Unit Title ownership scheme, emphasizing its appeal for investors and tenants alike.
Despite a decrease in capital value from $350,000 in July 2017 to $310,000 in June 2021, indicating a -11.43% change, the property has shown resilience in the market. The latest sales data reveals a purchase at $302,000 in January 2024, following a previous sale at $275,000 in November 2022. The HouGarden AVM estimates its value at $335,000, showcasing a potential for growth. This apartment, currently rented at $390 per week and furnished, is a catch for those looking to invest near Auckland Uni, Queen Street, the Viaduct, and Britomart.
Education is a cornerstone of this property's value, situated within the zones of Freemans Bay School (decile 6), Ponsonby Intermediate (decile 9), Western Springs College (decile 8), and Auckland Girls' Grammar School (decile 3). These schools offer a range of educational levels and quality, making this apartment an excellent choice for families prioritizing education.
Updated on April 06, 2024.
Council Data
School zones
Property history
For developers
Suburbs
Data analysis - Auckland Central properties dataYear | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $487,500 | -4.4% | 316 |
2022 | $510,000 | -17.7% | 307 |
2021 | $620,000 | 10.7% | 577 |
2020 | $560,000 | -5.1% | 538 |
2019 | $590,000 | 9.7% | 559 |
2018 | $538,000 | -0.4% | 711 |
2017 | $540,000 | 10.2% | 637 |
2016 | $490,000 | 22.5% | 703 |
2015 | $400,000 | 19.6% | 848 |
2014 | $334,500 | - | 640 |
