Sold: $700,000

Sold on 2024 Year 2024 Month 08 Day 04

7 Oruawharo Lane, Great Barrier Island (Aotea Island), Auckland

46m²

804m²

Nestled in the tranquility of 7 Oruawharo Lane, this charming residence in Great Barrier Island boasts a freehold title and a generous land area of 804 square meters. Constructed in 1980 with robust fibrous cement walls and a reliable iron roof, this 46 square meter home features 1 bedroom, 1 bathroom, and is designed for comfort with a level contour. The property has seen a significant increase in capital value, rising from $380,000 in July 2017 to $560,000 as of June 2021, reflecting a growth rate of 47.37%.

Valuations are promising, with the HouGarden AVM estimating the property's worth at $562,500. The latest sale history is notable, with a transaction in August 2024 fetching $700,000, a stark contrast to the $78,000 sale in December 1994, highlighting the property's appreciating value over time.

For families with children, the school zone is a significant advantage. The local schools boast impressive decile ratings, ensuring a quality education for the young ones.

Updated on October 02, 2024

Council Data

Last update : 2025 01 22

Improvement value$70,000Increased by 75% from year 2017

Land value$490,000Increased by 44% from year 2017

CV(Year 2021 Month 06)$560,000Increased by 47% from year 2017

View typeNo appreciable view

ContourLevel

Land area804m²

Floor area46m²

Decade of construction1980

TitleNA30C/1398

Type of titleFreehold

Legal descriptionLOT 5 DP 74884 804M2

CouncilAuckland - City

Estate descriptionFSIM,1/1,LOT 5 DEPOSITED PLAN 74884,804m2

Council rates$1,807.81
2023/2024

ConditionExternal Walls: Good
Roof: Good

ZoningHauraki Gulf Islands

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Kaitoke School (Claris)	2.03 km	Primary	1-8	Government	Co-Educational	EQI: 461	3	Detail

Property history

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For developers

Unitary plan:Hauraki Gulf Islands

Land:804m²

Title:Freehold

Surrounding facilities

Oruawharo Lane Neighborhood and Surrounding Data
Oruawharo Lane neighborhood is a sub-region located within Great Barrier Island city

Suburbs

Data analysis - Great Barrier Island properties data

Sales count(Last 12 months)

2View

Type: Freehold

Sales median price(Last 12 months)

$610,000

Low: $520,000, High: $700,000

Rent median price(Last 12 months)

Great Barrier Island property trend

Year	Median price	Growth	Sales count
2024	$530,000	1%	3
2023	$525,000	-25.5%	1
2022	$705,000	10.2%	3
2021	$640,000	-11.7%	1
2020	$725,000	88.3%	1
2018	$385,000	15.3%	6
2017	$334,000	-	4

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
36 Mulberry Grove Road, Great Barrier Island	4.85 km	1	1	-m²	Year 2024 Month 12 Day 01	-	Council approved
Lot 1, Great Barrier Island	5.06 km	0	0	-m²	Year 2024 Month 12 Day 01	$385,000	Council approved
207 Puriri Bay Road, Great Barrier Island	4.60 km	7	2	-m²	Year 2024 Month 11 Day 01	$1,950,000	Council approved
118 Mason Road, Great Barrier Island	1.36 km	3		165m²	Year 2024 Month 10 Day 24	$900,000	Council approved
329 Blind Bay Road, Great Barrier Island	4.89 km	2		157m²	Year 2024 Month 10 Day 14	$1,260,000	Council approved