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Sold: $950,000

Sold on 2024 Year 2024 Month 10 Day 01

506/199 Great North Road, Grey Lynn, Auckland

2
1
64m2

Nestled in the vibrant Grey Lynn neighborhood of Auckland, this contemporary apartment at 506/199 Great North Road boasts a smart layout with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 2020 with mixed materials for the walls and iron for the roof, this unit titled property offers a level contour and a floor area of 64 square meters. The property's capital value has seen a significant increase, reflecting a 15.22% growth from $920,000 in 2017 to $1,060,000 as of June 2021.

Valuation history shows a promising trend, with the HouGarden AVM estimating the property's worth at $1,015,000. The latest sale in the complex was recorded on July 16, 2020, at $885,000, indicating a healthy appreciation in value.

For families with school-aged children, the property falls within the zones of several well-regarded schools. Pasadena Intermediate and Western Springs College both hold a decile rating of 8, while Newton Central School and Kowhai Intermediate School are rated at decile 7 and 3 respectively, with Auckland Girls' Grammar School also being an option for secondary education.

Updated on October 22, 2024

Council Data

Last update : 2024 12 11
Improvement value$720,000Reduced by -2% from year 2017
Land value$340,000Increased by 88% from year 2017
CV(Year 2021 Month 06)$1,060,000Increased by 15% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area64m²
Decade of construction2020
Title893984
Type of titleUnit Title
Legal descriptionAU 37S DP 537440, AU 506D DP 537440, AU 83 DP 537440, PRIN 506 DP 537440
CouncilAuckland - City
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 506 AND ACCESSORY UNIT 83, 37S, 506D DEPOSITED PLAN 537440
Council rates$2,648.12
2023/2024
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningBusiness - Mixed Use Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Newton Central School
0.40 km
Primary
1-6
Government
Co-Educational
EQI: 403
7
Kowhai Intermediate
0.94 km
Secondary
7-8
Government
Co-Educational
EQI: 406
7
Auckland Girls' Grammar School
0.95 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Pasadena Intermediate
2.63 km
Secondary
7-8
Government
Co-Educational
EQI: 416
8
Western Springs College-Ngā Puna o Waiōrea
2.67 km
Secondary
9-15
Government
Co-Educational
EQI: 416
8

Property history

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For developers

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

Surrounding facilities

Great North Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Grey Lynn properties data
Sales count(Last 12 months)
28View
Type: Unit
Sales median price(Last 12 months)
$1,033,000
Low: $695,000, High: $1,634,000
Rent median price(Last 12 months)
$790
Low: $590, High: $1,100
Grey Lynn property trend
Year
Median price
Growth
Sales count
2024
$1,033,000
8.2%
28
2023
$955,000
-2.7%
34
2022
$981,850
-11.3%
31
2021
$1,107,000
23%
75
2020
$900,000
-0.5%
61
2019
$904,500
6.4%
56
2018
$850,000
-
44
2017
$850,000
3%
49
2016
$825,000
11.5%
63
2015
$740,000
17.5%
59
2014
$630,000
-
61

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3/2 Turakina Street, Grey Lynn
0.02 km
3
2
-m2
Year 2024 Month 12 Day 04
$1,880,000
Council approved
0.00 km
2
1
59m2
Year 2024 Month 10 Day 24
$1,060,000
Council approved
167A Great North Road, Grey Lynn
0.18 km
2
1
-m2
Year 2024 Month 08 Day 27
-
Council approved
0.00 km
2
1
93m2
Year 2024 Month 07 Day 12
$1,282,500
Council approved
0.00 km
3
138m2
Year 2024 Month 06 Day 26
$2,600,000
Council approved

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