Nestled in a serene cul-de-sac on 2/597 East Coast Road, Browns Bay, this charming residence boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1988 with solid wood walls and an iron roof, it offers a floor area of 140 square meters. The property, with an ownership type of Cross-Lease, is perched on a steep fall, providing breathtaking ocean views. Notably, the capital value has seen a growth of 47% from $920,000 in July 2017 to $1,350,000 as of June 2021. The HouGarden AVM estimates the property at $1,255,000, while the latest sales were recorded at $410,000 in 2005 and $337,000 in 2003.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. It is in the zone for decile 10 schools, including Rangitoto College, Murrays Bay Intermediate, Northcross Intermediate, and Pinehill School, making it an ideal choice for families with educational priorities.
Whether you seek a low-maintenance haven or a prime educational base for your children, this property, with its warm ambiance, natural lighting, and versatile design, is set to exceed expectations. It's a gem in a sought-after location, minutes away from Browns Bay, transport links, and Albany Mall.
Updated on May 08, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Pinehill School (Browns Bay) | 0.89 km | Primary | 1-6 | Government | Co-Educational | EQI: 363 | 10 | |
Northcross Intermediate | 1.16 km | Secondary | 7-8 | Government | Co-Educational | EQI: 407 | 10 | |
Rangitoto College | 1.47 km | Secondary | 9-15 | Government | Co-Educational | EQI: 400 | 10 | |
Murrays Bay Intermediate | 1.78 km | Secondary | 7-8 | Government | Co-Educational | EQI: 381 | 10 | |
Long Bay College | 3.99 km | Secondary | 9-15 | Government | Co-Educational | EQI: 422 | 10 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $967,500 | -8.9% | 24 |
2022 | $1,062,500 | -10.3% | 24 |
2021 | $1,185,000 | 30% | 39 |
2020 | $911,500 | 7.7% | 46 |
2019 | $846,000 | 1.3% | 26 |
2018 | $835,000 | - | 48 |
2017 | $835,000 | -2.9% | 56 |
2016 | $860,000 | 14.2% | 39 |
2015 | $753,000 | 19.1% | 34 |
2014 | $632,000 | - | 27 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 6 | 4 | -m2 | Year 2024 Month 02 Day 22 | $1,710,000 | Council approved | |
 | 0.11 km | 4 | 3 | 0m2 | Year 2024 Month 02 Day 19 | $1,475,000 | Council approved | |
0.15 km | 4 | 200m2 | Year 2024 Month 02 Day 01 | $1,550,000 | Council approved | |||
 | 0.18 km | 3 | 2 | 0m2 | Year 2023 Month 12 Day 14 | $1,170,000 | Council approved | |
 | 0.24 km | 3 | 2 | -m2 | Year 2023 Month 11 Day 30 | $1,666,000 | Council approved |