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Sold: $590,000

Sold on 2024 Year 2024 Month 10 Day 22

11 Hari Place, Favona, Auckland - Manukau

2
1
71m2
73m2

Nestled at 11 Hari Place, in the serene Favona neighborhood of Auckland's Manukau, this residential ownership home unit boasts a freehold title. The property features 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 71 square meters on a level plot of 73 square meters. Constructed with mixed materials for the walls and iron for the roof, this 2023-built home is in good condition both inside and out. The capital value as of June 2021 is $660,000, reflecting a promising investment in a rapidly appreciating property market.

As per the valuation records, the property's HouGarden AVM stands at $602,500, with the latest sale recorded on October 22, 2024, at $590,000. The capital value has seen a significant increase, indicating a strong growth percentage that is sure to catch the eye of any savvy investor.

For families with school-aged children, 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 offers the advantage of quality education within walking distance.

Updated on December 11, 2024

Council Data

Last update : 2025 03 05
Improvement value$320,000
Land value$340,000
CV(Year 2021 Month 06)$660,000
View typeNo appreciable view
ContourLevel
Land area73m²
Floor area71m²
Decade of construction2023
Title1027908
Type of titleFreehold
Legal descriptionLOT 123 DP 567423, LOT 16 DP 567423, LOT 200 DP 567423
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 16, 123 DEPOSITED PLAN 567423,73m2
Council rates$2,192.24
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Koru School
0.70 km
Primary
1-8
Government
Co-Educational
EQI: 510
1
Mangere College
1.02 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:73m²
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
$611,000
-29%
20
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
0.02 km
2
1
74m2
Year 2024 Month 11 Day 05
$580,000
Council approved
0.05 km
2
1
76m2
Year 2024 Month 11 Day 04
$579,000
Council approved
96C Walmsley Road, Mangere
0.01 km
2
2
-m2
Year 2024 Month 10 Day 19
$545,000
Council approved
0.03 km
2
1
74m2
Year 2024 Month 10 Day 16
$580,000
Council approved
0.05 km
2
1
76m2
Year 2024 Month 09 Day 19
$585,000
Council approved

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