Nestled in the tranquility of Jabuka Street, a quiet cul-de-sac in Glen Eden, Auckland, stands a brand new, freehold property. This modern 4-bedroom, 2.5-bathroom home boasts an iron roof and wood exterior walls, all in good condition. Spacious with a floor area of 104 square meters on a levelled 70 square meter section, it includes a designated car park. The property, built in 2023, is categorised as a residential ownership home unit, and with a government capital value of $725,000, it's a gem in a rapidly appreciating market.
History shows a consistent rise in value, with the latest government valuation reflecting a 5.5% increase from the HouGarden AVM of $675,000. The latest sale, just two months prior, was for $959,000, a testament to the property's allure. The capital value growth is a promising indicator for investors seeking a sound property investment with an approximate return of 5.5% ($750pw).
For families, the property falls within the zones of several reputable schools. Bruce McLaren Intermediate School and Prospect School, both with a decile rating of 2, are nearby. Oratia School, with a higher decile of 9, and Henderson High School, catering to secondary students, are also within reach. This property not only offers a modern living space but also a lifestyle with easy access to amenities and top educational institutions.
Updated on May 13, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Oratia School | 0.85 km | Primary | 1-6 | Government | Co-Educational | EQI: 406 | 9 | |
Prospect School | 1.13 km | Primary | 1-6 | Government | Co-Educational | EQI: 511 | 2 | |
Bruce McLaren Intermediate | 1.63 km | Secondary | 7-8 | Government | Co-Educational | EQI: 495 | 2 | |
Henderson High School | 2.92 km | Secondary | 9-15 | Government | Co-Educational | EQI: 480 | 3 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $992,500 | -6.9% | 41 |
2022 | $1,065,763 | -8.5% | 43 |
2021 | $1,165,000 | 29.4% | 80 |
2020 | $900,000 | 11.5% | 69 |
2019 | $807,500 | -0.9% | 46 |
2018 | $815,000 | -3.8% | 75 |
2017 | $847,000 | 2.7% | 53 |
2016 | $825,000 | 9.6% | 77 |
2015 | $752,500 | 36.8% | 66 |
2014 | $550,000 | - | 51 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 17 | $830,000 | Council approved | |
 | 0.07 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
0.08 km | 2 | 1 | 69m2 | Year 2024 Month 03 Day 06 | $725,000 | Council approved | ||
0.20 km | 3 | 1 | 91m2 | Year 2023 Month 12 Day 19 | $760,000 | Council approved | ||
0.32 km | 1 | 80m2 | Year 2023 Month 11 Day 27 | $829,000 | Council approved |