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Sold: $83,000

Sold on 2024 Year 2024 Month 01 Day 25

8m/508 Queen Street, Auckland Central, Auckland

1
1
34m2

Located at 8m/508 Queen Street, Auckland Central, Auckland - City, this residential apartment offers a compact yet efficient living space with 1 bedroom, 1 bathroom, and no carpark, covering a floor area of 34 square meters. Built in 2003, the property features concrete walls in good condition and a roof made of mixed materials, also in good condition. The apartment, which has a level property contour, is held under a Unit Title ownership type, emphasizing its suitability for individuals or investors seeking a hassle-free property in the heart of Auckland.

The capital value of this property has seen a notable increase, from $175,000 in July 2017 to $210,000 in June 2021, marking a 20% growth. Despite this, the HouGarden AVM estimates its value at $205,000. The property's sale history includes a transaction at $83,000 on January 25, 2024, and a previous sale at $130,000 on April 26, 2009, reflecting the property's fluctuating market value over time.

For families considering educational opportunities, the apartment is zoned for several reputable schools. Auckland Grammar and Auckland Girls' Grammar School, both secondary institutions, have deciles of 9 and 3, respectively. Ponsonby Intermediate, an intermediate school, also boasts a decile rating of 9, while Freemans Bay School, a contributing primary institution, has a decile of 6. These schools offer a range of educational environments for students of various ages.

Council Data

Last update : 2025 01 15
Improvement value$85,000Increased by 112% from year 2017
Land value$125,000Reduced by -7% from year 2017
CV(Year 2021 Month 06)$210,000Increased by 20% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Floor area34m²
Decade of construction2003
Title72788
Type of titleUnit Title
Legal descriptionUNIT 8M UP 318566
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 8M DEPOSITED PLAN 318566
Council rates$1,052.96
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - City Centre Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Auckland Girls' Grammar School
0.74 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Freemans Bay School
0.99 km
Primary
1-6
Government
Co-Educational
EQI: 407
6
Auckland Grammar School
1.50 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

Surrounding facilities

Queen Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Auckland Central properties data
Auckland Central property trend
Year
Median price
Growth
Sales count
2024
$284,625
-14.5%
292
2023
$333,000
-3.5%
427
2022
$345,000
-13.3%
393
2021
$397,750
3.2%
598
2020
$385,500
2.8%
502
2019
$375,000
-8.5%
489
2018
$410,000
6.5%
758
2017
$385,000
13.6%
649
2016
$339,000
21.1%
696
2015
$280,000
19.1%
673
2014
$235,000
-
654

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
601/421 Queen Street, Auckland Central
0.06 km
3
1
60m2
Year 2024 Month 11 Day 20
$465,000
Council approved
601/421 Queen Street, Auckland Central
0.04 km
3
1
52m2
Year 2024 Month 11 Day 11
$465,000
Council approved
0.04 km
1
1
41m2
Year 2024 Month 09 Day 02
$301,000
Council approved
208/421 Queen Street, Auckland Central
0.06 km
3
1
45m2
Year 2024 Month 08 Day 16
$400,000
Council approved
208/421 Queen Street, Auckland Central
0.04 km
3
1
41m2
Year 2024 Month 08 Day 04
$400,000
Council approved

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