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Sold: $620,000

Sold on 2024 Year 2024 Month 07 Day 12

1 Hari Place, Favona, Auckland - Manukau

2
1
71m2
76m2

Nestled in the tranquility of 1 Hari Place, Favona, Auckland, this charming residential unit boasts a freehold title and is categorized as an ownership home. The property features 2 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 71 square meters on a level land area of 76 square meters. Constructed with mixed materials for the walls and iron for the roof, this 2023-built home presents a well-maintained condition both inside and out.

As for financials, the capital value as of June 2021 stands at $670,000, with the HouGarden AVM estimating a slightly lower value. Notably, the latest sale on July 12, 2024, was for $620,000, indicating a potential growth trajectory. The capital value has seen a steady increase over the years, making this property an attractive investment.

For families with educational considerations, the property falls within the zones of Koru School, a full primary with a decile rating of 1, and Mangere College, a secondary school catering to years 9-15, also with a decile rating of 1. This ensures access to quality education within the community.

Updated on August 01, 2024

Council Data

Last update : 2024 12 11
Improvement value$325,000
Land value$345,000
CV(Year 2021 Month 06)$670,000
View typeNo appreciable view
ContourLevel
Land area76m²
Floor area71m²
Decade of construction2023
Title1027903
Type of titleFreehold
Legal descriptionLOT 11 DP 567423, LOT 114 DP 567423, LOT 200 DP 567423
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 200 DEPOSITED PLAN 567423,1180m2
Council rates$2,211.05
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Koru School
0.69 km
Primary
1-8
Government
Co-Educational
EQI: 510
1
Mangere College
1.04 km
Secondary
9-15
Government
Co-Educational
EQI: 525
1

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:76m²
Title:Freehold

Surrounding facilities

Hari Place Neighborhood and Surrounding Data

Suburbs

Data analysis - Favona properties data
Favona property trend
Year
Median price
Growth
Sales count
2024
$612,000
-28.8%
19
2023
$860,000
-3.8%
1
2022
$893,750
6.4%
4
2021
$840,000
57%
6
2020
$535,000
9%
4
2019
$491,000
-14%
2
2018
$571,000
15.4%
2
2017
$495,000
-29.8%
3
2016
$705,000
58.4%
3
2015
$445,000
73.2%
5
2014
$257,000
-
7

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.35 km
2
1
71m2
Year 2024 Month 10 Day 22
$590,000
Council approved
96C Walmsley Road, Mangere
0.35 km
2
2
-m2
Year 2024 Month 10 Day 19
$545,000
Council approved
0.01 km
2
1
74m2
Year 2024 Month 10 Day 16
$580,000
Council approved
0.02 km
2
1
74m2
Year 2024 Month 09 Day 04
$580,000
Council approved
0.02 km
2
1
71m2
Year 2024 Month 07 Day 12
$620,000
Council approved

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