This charming property located at 2/24 Robertson Road, Favona, Auckland - Manukau, offers a fantastic opportunity for first home buyers or investors seeking a low maintenance home. Built in 1979, this brick and tile home features 2 bedrooms, 1 bathroom, and a single garage, covering a floor area of 70 square meters. It operates under a Cross-Lease ownership type, ensuring a level of security and stability for the owner. The property is well-presented, boasting good condition walls and roof, and is nestled down a private driveway, providing a secluded outdoor living area perfect for entertaining. Additionally, it includes a dedicated car park with ample on-street parking, and is conveniently located just a 5-minute drive from the town center, close to shops, motorways, public transport, Auckland airport, Mangere Bridge, and Mangere Town Centre.
From a financial perspective, the property has seen a significant increase in capital value, rising from $440,000 in July 2017 to $620,000 in June 2021, marking a 40.91% increase. Despite a recent sale at $502,000 on May 10, 2023, the HouGarden AVM estimates its value at $592,500, indicating a potential for growth. This property is indeed priced to sell at $559,000, making it an attractive investment.
For families considering educational opportunities, the property is zoned for Favona School (decile 2) and Southern Cross Campus (Yrs 7-8) (decile 1), offering a range of educational options for children. This home is not only a wise financial investment but also a chance to become part of a community with access to quality education.
Updated on April 05, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $502,000 | -33.9% | 3 |
2021 | $760,000 | 32.1% | 4 |
2020 | $575,500 | 16.6% | 1 |
2017 | $493,500 | -6.5% | 1 |
2016 | $528,000 | 27.2% | 3 |
2015 | $415,000 | 55.4% | 3 |
2014 | $267,000 | - | 3 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.20 km | 228m2 | 2024年02月08日 | $1,675,000 | Council approved | ||||
 | 0.26 km | 2 | 118m2 | 2024年02月05日 | $745,000 | Council approved | ||
 | 0.16 km | 4 | 1 | 153m2 | 2024年01月26日 | $807,000 | Council approved | |
 | 0.29 km | 4 | 2 | 108m2 | 2023年12月12日 | $734,000 | Council approved | |
0.29 km | 5 | 188m2 | 2023年12月05日 | $1,020,000 | Council approved |