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1/5 Orakau Avenue, Epsom, Auckland, 2 Bedrooms, 0 Bathrooms, Unit

Sold: $1,106,500

Sold on 2024 Year 2024 Month 07 Day 01

1/5 Orakau Avenue, Epsom, Auckland

2
101m2

Nestled in the heart of Epsom, Auckland, at 1/5 Orakau Avenue, this charming residential unit boasts 2 bedrooms, a single carpark, and a floor area of 101 square meters. Constructed in 1960 with brick walls and tiled roofing, it sits on a level contour with average wall and roof conditions. The property is held under a Cross-Lease ownership, ensuring a secure tenure. Fresh from a refurbishment, it features a new kitchen, carpet, and a refreshed bathroom, ready for immediate enjoyment.

With a Capital Value (CV) of $1,280,000 as of June 2021, this property has seen a growth of 30.61% since July 2017, reflecting its rising value. The HouGarden AVM estimates the property at $1,190,000, while the recent sales history suggests a strong market interest. This is a smart investment with a promising financial outlook.

For families with school-aged children, this property is within the highly sought-after zones of Auckland Grammar, Auckland Normal Intermediate, Epsom Girls' Grammar School, Baradene College, and Royal Oak School. These schools, with high decile ratings, offer an excellent education within walking distance.

Updated on July 12, 2024

Council Data

Last update : 2025 02 05
Improvement value$280,000Increased by 33% from year 2017
Land value$1,000,000Increased by 29% from year 2017
CV(Year 2021 Month 06)$1,280,000Increased by 30% from year 2017
View typeNo appreciable view
ContourLevel
Floor area101m²
Decade of construction1960
TitleNA18B/34
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 62502, GARAGE 1 DP 62502, LOT 9 DP 7443 970M2
CouncilAuckland - City
Estate descriptionFSIM,1/3,LOT 9 DEPOSITED PLAN 7443,970m2
Council rates$3,331.34
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Mixed Housing Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Royal Oak School
1.01 km
Primary
1-6
Government
Co-Educational
EQI: 378
8
Auckland Normal Intermediate
1.69 km
Secondary
7-8
Government
Co-Educational
EQI: 374
9
Epsom Girls Grammar School
2.58 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Grammar School
3.39 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Baradene College
4.57 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

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

Surrounding facilities

Orakau Avenue Neighborhood and Surrounding Data

Suburbs

Data analysis - Epsom properties data
Epsom property trend
Year
Median price
Growth
Sales count
2024
$1,030,640
5.7%
17
2023
$975,250
-7.6%
20
2022
$1,055,000
-2.3%
23
2021
$1,080,000
16.7%
36
2020
$925,500
6.4%
31
2019
$870,000
-4.2%
38
2018
$908,000
2.3%
49
2017
$887,750
-2.8%
40
2016
$913,000
15.5%
49
2015
$790,500
21.4%
63
2014
$651,000
-
45

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.17 km
2
1
44m2
Year 2024 Month 12 Day 17
$630,000
Council approved
0.17 km
2
1
71m2
Year 2024 Month 11 Day 04
$1,250,000
Council approved
0.17 km
2
1
66m2
Year 2024 Month 10 Day 28
$850,000
Council approved
1/545 Manukau Road, Epsom
0.17 km
2
1
0m2
Year 2024 Month 10 Day 01
$961,500
Council approved
6/1D Orakau Avenue, Epsom
0.05 km
3
3
142m2
Year 2024 Month 09 Day 18
$1,320,000
Council approved

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