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19 Peara Lane, Karaka, Auckland - Papakura, 4 Bedrooms, 0 Bathrooms, House

Sold: $885,000

Sold on 2024 Year 2024 Month 07 Day 01

19 Peara Lane, Karaka, Auckland - Papakura

4
134m2
274m2

Nestled in the serene Auranga Development of Drury, 19 Peara Lane presents a luxurious freehold residence on a levelled corner section. This 4-bedroom, 3-bathroom home with a single carpark boasts a floor area of 134 square meters and is set on a generous 274 square meter plot. Constructed with iron roofing and wooden walls in excellent condition, it exudes modern elegance. The property, valued at $950,000 as per the June 2021 government valuation, has seen a rapid increase in capital value. The HouGarden AVM estimates it at $927,500, reflecting a promising investment opportunity.

Historically, the property has demonstrated consistent growth in its capital value. Recent sales in the area further validate the increasing trend. The home's appeal is enhanced by its proximity to top-rated schools, including Rosehill College (decile 5) for secondary education and Ngakoroa School (decile 0) for full primary education, making it an ideal choice for families.

Not only is the property located in a sought-after school zone, but it also offers easy access to local amenities, parks, and the Ngakoroa Stream. The residence is equipped with high-end finishes, a heat pump, and other modern conveniences, ensuring a comfortable and stylish living experience. With such a combination of location, quality, and potential for growth, 19 Peara Lane is a home that promises both luxury and convenience.

Updated on August 20, 2024

Council Data

Last update : 2024 12 11
Improvement value$500,000
Land value$450,000
CV(Year 2021 Month 06)$950,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area274m²
Floor area134m²
Decade of construction2024
Title1079523
Type of titleFreehold
Legal descriptionLOT 1 DP 580115, LOT 100 DP 577872
CouncilAuckland - Papakura
Estate descriptionFSIM,1/1,LOT 100 DEPOSITED PLAN 577872,484m2
Council rates$1,366.68
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ngākōroa School
0.43 km
Primary
1-8
Government
Co-Educational
-
-
Rosehill College
2.88 km
Secondary
9-15
Government
Co-Educational
EQI: 468
5

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:274m²
Title:Freehold

Surrounding facilities

Peara Lane Neighborhood and Surrounding Data

Suburbs

Data analysis - Karaka properties data
Karaka property trend
Year
Median price
Growth
Sales count
2024
$1,275,000
-6.3%
75
2023
$1,360,000
-15.1%
45
2022
$1,602,500
15.3%
54
2021
$1,390,000
26.4%
107
2020
$1,100,000
-
121
2019
$1,100,000
-1.8%
65
2018
$1,120,000
7.4%
85
2017
$1,043,142
4.1%
114
2016
$1,002,500
13.3%
148
2015
$885,000
18%
149
2014
$750,000
-
120

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5 Peara Lane, Drury
0.01 km
4
3
-m2
Year 2024 Month 10 Day 01
-
Council approved
15 Peara Lane, Karaka
0.03 km
4
3
-m2
Year 2024 Month 09 Day 01
-
Council approved
7 Peara Lane, Drury
0.01 km
4
3
-m2
Year 2024 Month 09 Day 01
$820,000
Council approved
11 Peara Lane, Karaka
0.02 km
4
3
-m2
Year 2024 Month 07 Day 24
-
Council approved
9 Peara Lane, Karaka
0.03 km
4
3
-m2
Year 2024 Month 07 Day 04
$829,000
Council approved

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