Sold: $1,460,000

Sold on 2024 Year 2024 Month 03 Day 01

5 Palazzo Close, Flat Bush, Auckland - Manukau

268m²

364m²

Welcome to 5 Palazzo Close, Flat Bush, Auckland - Manukau, a stunning residential dwelling that combines luxury, convenience, and style. This freehold property boasts 6 bedrooms, 1 bathroom, and 2 carparks, with a generous floor area of 268 square meters and a land area of 364 square meters. Built in 2014, the house features mixed materials for its walls and tiles for the roof, both in good condition. The property contour is an easy/moderate rise, making it an attractive choice for families seeking comfort and elegance.

Since its last government valuation in June 2021 at $1,500,000, the capital value of this property has seen a significant increase from its 2017 valuation of $1,275,000, marking a growth of approximately 17.65%. The HouGarden AVM estimates the property's value at $1,475,000. This home, positioned in a prime location near the motorway on off ramp and Botany Town Centre, was last auctioned on 26 March 2024, highlighting its desirability and the competitive nature of the local real estate market.

Zoned for top-tier schools including Mission Heights Primary School, Mission Heights Junior College, Ormiston Senior College, Star of the Sea School (Howick), and Sancta Maria College, this property promises an exceptional educational pathway for children, with school deciles ranging from 7 to 9. This residence is not just a house but a haven for creating lasting memories and a stepping stone towards a life of style and fulfillment.

Updated on April 02, 2024.

Council Data

Last update : 2025 02 26

Improvement value$740,000Increased by 26% from year 2017

Land value$760,000Increased by 10% from year 2017

CV(Year 2021 Month 06)$1,500,000Increased by 17% from year 2017

DeckYes

View typeNo appreciable view

ContourEasy/Moderate rise

Land area364m²

Floor area268m²

Decade of construction2014

Title608174

Type of titleFreehold

Legal descriptionLOT 19 DP 460940

CouncilAuckland - Manukau

Estate descriptionFSIM,1/1,LOT 19 DEPOSITED PLAN 460940,364m2

Council rates$3,735.84
2023/2024

ConditionExternal Walls: Good
Roof: Good

ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Mission Heights Junior College	0.46 km	Secondary	7-10	Government	Co-Educational	EQI: 404	7	Detail
Mission Heights Primary School	0.63 km	Primary	1-6	Government	Co-Educational	EQI: 365	8	Detail
Ormiston Senior College	1.19 km	Secondary	11-15	Government	Co-Educational	EQI: 444	7	Detail
Sancta Maria College	2.63 km	Secondary	7-15	Government	Co-Educational	EQI: 390	7	Detail
Our Lady Star of the Sea School (Howick)	5.46 km	Primary	1-6	Government	Co-Educational	EQI: 360	9	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone

Land:364m²

Title:Freehold

Surrounding facilities

Palazzo Close Neighborhood and Surrounding Data
Palazzo Close neighborhood is a sub-region located within Flat Bush city

Suburbs

Data analysis - Flat Bush properties data

Sales count(Last 12 months)

165View

Type: Freehold

Sales median price(Last 12 months)

$1,600,000

Low: $630,000, High: $4,125,000

Rent median price(Last 12 months)

$1,300

Low: $1,000, High: $1,700

Flat Bush property trend

Year	Median price	Growth	Sales count
2024	$1,592,500	-1.7%	168
2023	$1,620,000	-7.4%	184
2022	$1,750,000	2.3%	172
2021	$1,710,000	26%	285
2020	$1,357,500	4.4%	302
2019	$1,300,000	-2.3%	195
2018	$1,330,000	-2.2%	150
2017	$1,360,000	94.3%	98
2016	$700,000	-32%	169
2015	$1,030,000	10.2%	154
2014	$934,500	-	184

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
22 Tinaku Road, Flat Bush	0.19 km	6	5	-m²	Year 2024 Month 11 Day 01	$1,505,000	Council approved
104 Valderama Drive, Flat Bush	0.23 km	7	5	0m²	Year 2024 Month 11 Day 01	$1,795,000	Council approved
402 Ormiston Road, Flat Bush	0.18 km	6	4	263m²	Year 2024 Month 10 Day 10	$1,340,000	Council approved
102 Valderama Drive, Flat Bush	0.21 km			0m²	Year 2024 Month 10 Day 04	$1,690,000	Council approved
46 Peihinga Road, Flat Bush	0.49 km	5	4	-m²	Year 2024 Month 10 Day 01	$1,535,000	Council approved