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2/18 Westwell Road, Belmont, Auckland - North Shore, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $940,000

Sold on 2024 Year 2024 Month 04 Day 18

2/18 Westwell Road, Belmont, Auckland - North Shore

2
1
90m2

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

Council Data

Last update : 2025 01 29
Improvement value$35,000Increased by 16% from year 2017
Land value$1,015,000Increased by 25% from year 2017
CV(Year 2021 Month 06)$1,050,000Increased by 25% from year 2017
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1968
TitleNA15B/321
Type of titleCross-Lease
Legal description1/3 SH LOT 18 DP 9536-FLAT 2 GGE DP 60356
CouncilAuckland - North Shore
Estate descriptionFSIM,1/3,LOT 18 DEPOSITED PLAN 9536,1012m2
Council rates$2,738.34
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Belmont School (Auckland)
0.14 km
Primary
1-6
Government
Co-Educational
EQI: 364
10
Belmont Intermediate
0.24 km
Secondary
7-8
Government
Co-Educational
EQI: 380
10
Takapuna Grammar School
0.56 km
Secondary
9-15
Government
Co-Educational
EQI: 397
10

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Westwell Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Belmont properties data
Sales count(Last 12 months)
10View
Type: Cross lease
Sales median price(Last 12 months)
$932,500
Low: $770,000, High: $1,260,000
Rent median price(Last 12 months)
$580
Low: $480, High: $750
Belmont property trend
Year
Median price
Growth
Sales count
2024
$932,500
-1.1%
10
2023
$943,000
-20.1%
5
2022
$1,179,500
16.1%
6
2021
$1,016,000
2.6%
13
2020
$990,000
31.6%
15
2019
$752,500
0.3%
12
2018
$750,000
9.4%
17
2017
$685,500
0.1%
10
2016
$685,000
-4.9%
9
2015
$720,000
23.1%
21
2014
$585,000
-
21

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
192 Lake Road, Belmont
0.33 km
4
2
170m2
Year 2024 Month 12 Day 22
-
Council approved
7 Bardia Street, Belmont
0.36 km
5
3
0m2
Year 2024 Month 12 Day 05
-
Council approved
14 Maleme Avenue, Belmont
0.18 km
5
222m2
Year 2024 Month 10 Day 29
$2,850,000
Council approved
0.33 km
2
104m2
Year 2024 Month 10 Day 09
$985,000
Council approved
1/176 Lake Road, Belmont
0.24 km
3
1
-m2
Year 2024 Month 09 Day 01
$860,000
Council approved

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