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5/27 Wallace Street, Herne Bay, Auckland, 2 Bedrooms, 1 Bathrooms, Townhouse

Sold: $1,015,000

Sold on 2024 Year 2024 Month 06 Day 26

5/27 Wallace Street, Herne Bay, Auckland

2
1
66m2

Nestled in the exclusive Herne Bay, this 2-bedroom, 1-bathroom unit with a single carpark is a gem on Wallace Street. Constructed in 1960 with concrete walls and an iron roof, this unit title property boasts an average condition and a level contour. The 66sqm floor area is complemented by a serene garden courtyard, complete with a pergola, fish pond, and a spa pool - a private oasis. The north-facing aspect fills the open-plan living spaces with natural light, while polished concrete floors add a modern touch. The property is equipped with a state-of-the-art smart home system and is just a 250m stroll from Home Bay Beach Reserve. With a CV of $1,300,000 as of June 2021, it has seen a 25% increase since 2017. The HouGarden AVM estimates it at $1,265,000, and the latest sales were at $1,015,000 in 2024 and $950,000 in 2015. Educationally, it falls within the decile 8 Western Springs College, decile 9 Ponsonby Intermediate, and decile 3 Auckland Girls' Grammar School zones.

This is not just a property; it's a coastal lifestyle waiting to be embraced.

Updated on August 01, 2024

Council Data

Last update : 2025 01 15
Improvement value$520,000Increased by 33% from year 2017
Land value$780,000Increased by 20% from year 2017
CV(Year 2021 Month 06)$1,300,000Increased by 25% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area66m²
Decade of construction1960
Title719306
Type of titleUnit Title
Legal descriptionAU 16 DP 493342, PRIN UNIT 5 DP 493342
CouncilAuckland - City
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 5 AND ACCESSORY UNIT 16 DEPOSITED PLAN 493342
Council rates$3,099.91
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ponsonby Intermediate
0.72 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9
Auckland Girls' Grammar School
2.30 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Western Springs College-Ngā Puna o Waiōrea
2.49 km
Secondary
9-15
Government
Co-Educational
EQI: 416
8

Property history

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Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Unit Title

Surrounding facilities

Wallace Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Herne Bay properties data
Herne Bay property trend
Year
Median price
Growth
Sales count
2024
$1,100,000
23.6%
3
2023
$890,000
-44.7%
1
2022
$1,610,000
64.5%
6
2021
$978,750
25.5%
4
2020
$780,000
-6.4%
1
2019
$833,000
-26.5%
4
2018
$1,134,000
-15.7%
4
2017
$1,345,000
1.1%
5
2016
$1,330,000
-22.9%
5
2015
$1,725,000
84.8%
11
2014
$933,500
-
8

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1/135 Jervois Road, Herne Bay
0.07 km
2
1
85m2
Year 2024 Month 11 Day 27
-
Council approved
2/7 Sentinel Road, Herne Bay
0.04 km
4
2
182m2
Year 2024 Month 10 Day 03
$2,430,000
Council approved
9A Sentinel Road, Herne Bay
0.05 km
3
2
-m2
Year 2024 Month 09 Day 16
-
Council approved
6/151 Jervois Road, Herne Bay
0.06 km
2
1
133m2
Year 2024 Month 09 Day 11
$1,335,000
Council approved
38 Hamilton Road, Herne Bay
0.26 km
5
4
402m2
Year 2024 Month 09 Day 05
$11,500,000
Council approved

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