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1/150 Favona Road, Favona, Auckland - Manukau, 3 Bedrooms, 1 Bathrooms, House

Sold: $839,000

Sold on 2024 Year 2024 Month 03 Day 01

1/150 Favona Road, Favona, Auckland - Manukau

3
1
116m2

Nestled at the back on a generous 411m2 plot of land, this character bungalow at 1/150 Favona Road, Favona, Auckland - Manukau, offers a slice of history and a world of opportunity for both first-time buyers and savvy investors alike. With three bedrooms, one bathroom, and one carpark, this Cross-Lease property spans a floor area of 116m2. Built in 1930, the house features wooden walls and an iron roof, both in average condition, and sits on a land contour described as Easy/Moderate Fall. This residential dwelling encapsulates the essence of vintage charm, with its architectural details and unique character.

Over the years, the capital value of this property has seen a significant increase, from $600,000 in July 2017 to $790,000 in June 2021, marking a 31.67% growth. The latest HouGarden AVM estimates its value at $780,000. The property last changed hands in April 2016 for $528,000. This bungalow not only promises a return on investment but also holds a story of a beloved family home, ready for its next chapter with a new owner.

Located within the school zones of Favona School (Decile 2, Contributing) and Southern Cross Campus (Yrs 7-8) (Decile 1, Composite), this property offers educational opportunities in close proximity. Its timeless appeal and potential for further development make it an attractive option for families looking to create their own legacy within its walls.

Updated on March 22, 2024.

Council Data

Last update : 2025 01 22
Improvement value$340,000Increased by 61% from year 2017
Land value$450,000Increased by 15% from year 2017
CV(Year 2021 Month 06)$790,000Increased by 31% from year 2017
View typeNo appreciable view
ContourEasy/Moderate Fall
Floor area116m²
Decade of construction1930
TitleNA81D/902
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 138337, GARAGE 1 DP 138337, LOT 4 DP 48248
CouncilAuckland - Manukau
Estate descriptionFSIM,1/2,FLAT 1 DEPOSITED PLAN 138337 AND GARAGE 1 DEPOSITED PLAN 138337
Council rates$2,436.94
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Single House Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Favona School
0.90 km
Primary
1-6
Government
Co-Educational
EQI: 497
2
Southern Cross Campus
1.81 km
Combined
1-13
Government
Co-Educational
EQI: 518
1

Property history

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For developers

Unitary plan:Residential - Single House Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Favona Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Favona properties data
Sales count(Last 12 months)
1View
Type: Cross lease
Sales median price(Last 12 months)
$839,000
Low: $839,000, High: $839,000
Rent median price(Last 12 months)
$720
Low: $650, High: $750
Favona property trend
Year
Median price
Growth
Sales count
2024
$839,000
32.1%
1
2023
$635,000
4.1%
4
2022
$610,000
-10.3%
3
2021
$680,000
0.4%
5
2019
$677,000
31.3%
2
2018
$515,460
1.5%
2
2017
$508,000
21.2%
2
2016
$419,000
31.3%
5
2014
$319,000
-
4

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
19 Jury Place, Favona
0.39 km
5
2
193m2
Year 2025 Month 01 Day 14
$901,000
Council approved
9 Parkstone Place, Favona
0.62 km
3
2
0m2
Year 2024 Month 11 Day 01
$920,000
Council approved
15 Forbes Road, Favona
0.31 km
3
1
94m2
Year 2024 Month 09 Day 28
-
Council approved
42 Harania Avenue, Favona
0.66 km
3
1
90m2
Year 2024 Month 08 Day 18
-
Council approved
6 Mary Place, Favona
0.25 km
3
1
-m2
Year 2024 Month 08 Day 01
$752,000
Council approved

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