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5h/16 Burton Street, Grafton, Auckland, 3 Bedrooms, 1 Bathrooms

Sold: $924,900

Sold on 2024 Year 2024 Month 12 Day 02

5h/16 Burton Street, Grafton, Auckland

3
1
118m2

Nestled in the heart of Grafton, this 3-bedroom, 1-bathroom unit with 2 secure car parks is a prime example of modern city living. Constructed in 2003 with a mix of materials for the walls and iron for the roof, this Unit Title property is in a Level contour and boasts a CV of $1,400,000 as of June 2021, showing a significant increase of 159% from its $540,000 valuation in July 2017. The property is situated within a high-rise complex on Burton Street, providing easy access to the city and its amenities, as well as convenient motorway access.

With a HouGarden AVM of $1,280,000 and a latest sale history of $924,900 in December 2024, this property presents a sound investment opportunity. The capital value growth is a testament to the area's desirability, with a notable jump from the previous sale of $620,000 in July 2013. The secure complex features controlled access and an on-site manager, ensuring peace of mind for residents.

For families with school-aged children, the double grammar zone is a significant advantage. Auckland Grammar School and Auckland Girls' Grammar School, both secondary schools with a decile rating of 9 and 3 respectively, are within the zone. Additionally, Newmarket School and Kowhai Intermediate School, rated at decile 7, offer further educational options. This property is not just a home; it's an investment in a promising future.

Updated on December 11, 2024

Council Data

Last update : 2025 03 05
Improvement value$860,000Increased by 218% from year 2017
Land value$540,000Increased by 100% from year 2017
CV(Year 2021 Month 06)$1,400,000Increased by 159% from year 2017
View typeNo appreciable view
ContourLevel
Floor area118m²
Decade of construction2003
Title217007
Type of titleUnit Title
Legal descriptionAU 67 UP 350663, AU 88 UP 350663, UNIT 5H UP 350663
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 5H AND ACCESSORY UNIT 67, 88 DEPOSITED PLAN 350663
Council rates$1,650.42
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Mixed Use Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Auckland Grammar School
0.84 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Auckland Girls' Grammar School
1.11 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Newmarket School
1.26 km
Primary
1-6
Government
Co-Educational
EQI: 381
7
Kowhai Intermediate
1.62 km
Secondary
7-8
Government
Co-Educational
EQI: 406
7

Property history

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For developers

Unitary plan:Business - Mixed Use Zone
Land:-
Title:Unit Title

Burton Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Grafton properties data
Grafton property trend
Year
Median price
Growth
Sales count
2024
$195,500
32.5%
27
2023
$147,500
-40.8%
22
2022
$249,000
-81.6%
15
2021
$1,350,000
52.5%
13
2020
$885,000
243.7%
21
2019
$257,500
-62%
22
2018
$678,000
7.1%
26
2017
$633,000
110.6%
22
2016
$300,500
7%
14
2015
$280,750
12.3%
38
2014
$250,000
-
26

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3w/16 Burton Street, Grafton
0.00 km
1
1
36m2
Year 2024 Month 11 Day 29
$342,500
Council approved
0.00 km
2
1
62m2
Year 2024 Month 11 Day 19
$555,888
Council approved
0.00 km
2
1
62m2
Year 2024 Month 11 Day 13
$520,000
Council approved
2v/16 Burton Street, Grafton
0.00 km
2
1
78m2
Year 2024 Month 11 Day 01
$800,000
Council approved
0.00 km
1
1
37m2
Year 2024 Month 10 Day 21
$355,000
Council approved

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