Nestled in the esteemed cul-de-sac of 2/18 Westwell Road, Belmont, this residential ownership home unit boasts a charming 2-bedroom, 1-bathroom layout within a 1968-built complex. The 90sqm floor area is complemented by a brick exterior and a tiled roof, both in average condition, while the cross-lease title provides a unique ownership experience. The property, with a capital value of $1,050,000 as of June 2021, has seen a 25% increase since July 2017, reflecting a sound investment opportunity. The latest sale in 2013 was for $600,000, with the current HouGarden AVM estimating the property's worth at $1,005,000.
With a capital value growth of 25%, this property is not just a home but a wise investment. The AVM estimate and the latest sale history indicate a consistent rise in value, making it an attractive prospect on the North Shore real estate market.
For families with school-aged children, the property falls within the zone of highly sought-after schools. Takapuna Grammar School, Belmont Intermediate, and Belmont School all carry a decile rating of 10, ensuring top-notch education is within easy reach.
Updated on April 19, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $943,000 | -20.1% | 5 |
2022 | $1,179,500 | 15.9% | 6 |
2021 | $1,018,000 | 2.8% | 14 |
2020 | $990,000 | 31.6% | 15 |
2019 | $752,500 | 0.3% | 12 |
2018 | $750,000 | 7.8% | 17 |
2017 | $696,000 | 1.6% | 11 |
2016 | $685,000 | -4.9% | 9 |
2015 | $720,000 | 23.1% | 21 |
2014 | $585,000 | - | 21 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 2 | 1 | 70m2 | 2024年04月24日 | - | Council approved | |
 | 0.39 km | 4 | 2 | 172m2 | 2024年02月08日 | $2,600,000 | Council approved | |
0.18 km | 4 | 295m2 | 2023年12月14日 | $2,570,000 | Council approved | |||
 | 0.25 km | 3 | 2 | 141m2 | 2023年12月01日 | $1,495,000 | Council approved | |
0.23 km | 4 | 263m2 | 2023年11月10日 | $2,400,000 | Council approved |