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4/54 Richards Avenue, Forrest Hill, Auckland - North Shore, 2 Bedrooms, 1 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 11 Day 14

4/54 Richards Avenue, Forrest Hill, Auckland - North Shore

2
1
65m2

Embrace the epitome of sunlit living in this charming residence nestled in the coveted Forrest Hill neighborhood. This 2-bedroom, 1-bathroom home with a single carpark boasts a floor area of 65 square meters and is built on a cross-lease title. The exterior is adorned with robust brick walls and a reliable tile roof, both in good condition, reflecting the solid construction of its 1960 era. The property enjoys an easy-to-moderate contour, adding to its appeal.

As for its financials, the capital value has seen a substantial increase from $720,000 in July 2017 to $920,000 as of June 2021, indicating a growth rate of 27.78%. The HouGarden AVM estimates the property's value at $912,500, while the latest sale history shows transactions at $623,000 in November 2014 and $370,000 in June 2012. These figures underscore the investment potential of this property.

Education takes center stage with the property being within the double school zone of esteemed institutions. Forrest Hill School and Campbells Bay School, both contributing schools, are rated 8 and 10 respectively in the decile system. For older students, Wairau Intermediate, Takapuna Normal Intermediate, and the renowned Westlake Boys' and Girls' High Schools, all rated 9 in decile, are within easy reach. This makes the property an ideal choice for families with school-going children.

Updated on November 14, 2024

Council Data

Last update : 2024 12 11
Improvement value$180,000Increased by 38% from year 2017
Land value$740,000Increased by 25% from year 2017
CV(Year 2021 Month 06)$920,000Increased by 27% from year 2017
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Floor area65m²
Decade of construction1960
TitleNA49B/1300
Type of titleCross-Lease
Legal description1/4 SH LOT 1 DP 64302-FLAT 4 DP 92977
CouncilAuckland - North Shore
Estate descriptionFSIM,1/4,FLAT 4 DEPOSITED PLAN 92977 AND GARAGE 2 DEPOSITED PLAN 92977
Council rates$2,493.62
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wairau Intermediate
0.73 km
Secondary
7-8
Government
Co-Educational
EQI: 426
7
Forrest Hill School
1.13 km
Primary
1-6
Government
Co-Educational
EQI: 375
8
Campbells Bay School
1.34 km
Primary
1-6
Government
Co-Educational
EQI: 347
10
Westlake Boys High School
1.54 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 399
9
Westlake Girls' High School
2.12 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 404
9
Takapuna Normal Intermediate
2.69 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Richards Avenue Neighborhood and Surrounding Data

Suburbs

Data analysis - Forrest Hill properties data
Forrest Hill property trend
Year
Median price
Growth
Sales count
2024
$830,000
-9.5%
9
2023
$917,000
-4.5%
8
2022
$960,000
-12.7%
11
2021
$1,100,000
35.8%
18
2020
$810,000
2%
14
2019
$794,000
6.1%
20
2018
$748,000
-8.2%
19
2017
$815,000
6.3%
7
2016
$767,000
4.9%
29
2015
$731,500
17.4%
22
2014
$622,900
-
26

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
Lot 4/52 Richards Avenue, Forrest Hill
0.03 km
3
3
-m2
Year 2024 Month 10 Day 01
-
Council approved
L1, Forrest Hill
0.03 km
3
3
0m2
Year 2024 Month 10 Day 01
-
Council approved
Lot 3/52 Richards Avenue, Forrest Hill
0.03 km
3
3
-m2
Year 2024 Month 09 Day 01
-
Council approved
Lot 2/52 Richards Avenue, Forrest Hill
0.03 km
3
3
-m2
Year 2024 Month 09 Day 01
-
Council approved
Lot 1/52 Richards Avenue, Forrest Hill
0.03 km
3
3
-m2
Year 2024 Month 08 Day 01
-
Council approved

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