Nestled on a quiet cul-de-sac at 40 Rosier Road, Glen Eden, this charming 3-bedroom, 1950-built residence boasts a cross-lease title. The weatherboard exterior and iron roof are both in good condition, sheltering a generous 110sqm floor area. With a rich polished floor, an open-plan living space, a spacious kitchen, and a carport, this home also offers ample off-street parking. The property has seen a significant increase in Capital Value (CV), rising from $720,000 in 2017 to $940,000 as of June 2021, indicating a growth rate of 30.56%. The HouGarden AVM estimates the property's worth at $877,500, making the current price, $170,000 below the CV, a steal.
History shows the last sale was in 2017 for $630,000, and prior to that, in 1994, for $104,500. This home presents a golden opportunity for first-time buyers and investors looking to capitalize on the solid construction of the 50s era and add real value. The prospect of living in a decile 2 school zone for primary education at Prospect School, with Glen Eden Intermediate (decile 7) and Henderson High School (decile 3) nearby, is an added bonus.
Located in a family-friendly neighborhood, the residence is within walking distance to the local primary school and a short drive from the Titirangi Village, Waitakeres, and the scenic west coast beaches. With great bones and immense potential, this property is a must-consider for those seeking a sound investment and a slice of suburban tranquility.
Updated on May 17, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $772,000 | -11.3% | 27 |
2022 | $870,000 | -1.7% | 32 |
2021 | $885,000 | 22.8% | 54 |
2020 | $720,406 | 12.4% | 44 |
2019 | $641,000 | -4.3% | 35 |
2018 | $669,500 | 0.7% | 52 |
2017 | $665,000 | 5.4% | 49 |
2016 | $631,000 | 8.8% | 49 |
2015 | $580,000 | 26.1% | 64 |
2014 | $460,000 | - | 41 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.36 km | 3 | 1 | 90m2 | Year 2024 Month 02 Day 08 | $854,000 | Council approved | |
0.18 km | 2 | 1 | 84m2 | Year 2024 Month 02 Day 07 | $650,000 | Council approved | ||
 | 0.02 km | 2 | 1 | -m2 | Year 2024 Month 02 Day 01 | $650,000 | Council approved | |
 | 0.22 km | 3 | 1 | 90m2 | Year 2024 Month 01 Day 26 | $790,000 | Council approved | |
 | 0.30 km | 3 | 2 | -m2 | Year 2024 Month 01 Day 01 | $980,000 | Council approved |