Sold: $6,900,000

Sold on 2024 Year 2024 Month 05 Day 23

5 Wallace Street, Herne Bay, Auckland

254m²

491m²

Council Data

Last update : 2025 03 05

Improvement value$1,750,000Increased by 59% from year 2017

Land value$3,650,000Increased by 62% from year 2017

CV(Year 2021 Month 06)$5,400,000Increased by 61% from year 2017

View typeFocal Point Of view - Water

ContourLevel

Land area491m²

Floor area254m²

Decade of construction1900

Title602264

Type of titleFreehold

Legal descriptionLOT 2 DP 460018 491M2

CouncilAuckland - City

Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 460018,491m2

Council rates$11,150.37
2023/2024

ConditionExternal Walls: Good
Roof: Good

ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Ponsonby Intermediate	0.61 km	Secondary	7-8	Government	Co-Educational	EQI: 381	9	Detail
Auckland Girls' Grammar School	2.19 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 488	3	Detail
Western Springs College-Ngā Puna o Waiōrea	2.39 km	Secondary	9-15	Government	Co-Educational	EQI: 416	8	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone

Land:491m²

Title:Freehold

Surrounding facilities

Wallace Street Neighborhood and Surrounding Data
Wallace Street neighborhood is a sub-region located within Herne Bay city

Suburbs

Data analysis - Herne Bay properties data

Sales count(Last 12 months)

10View

Type: Freehold

Sales median price(Last 12 months)

$4,912,500

Low: $2,850,000, High: $15,000,000

Rent median price(Last 12 months)

$1,650

Low: $1,650, High: $1,650

Herne Bay property trend

Year	Median price	Growth	Sales count
2024	$4,625,000	28.5%	13
2023	$3,600,000	-38.9%	11
2022	$5,887,500	20.2%	14
2021	$4,900,000	29.8%	20
2020	$3,775,000	47.6%	24
2019	$2,557,500	-29.8%	20
2018	$3,645,000	9.6%	20
2017	$3,325,000	-12.5%	18
2016	$3,800,000	75.9%	17
2015	$2,160,000	-15.5%	16
2014	$2,555,000	-	11

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
6 Kelmarna Avenue, Herne Bay	0.18 km	5	2	120m²	Year 2025 Month 01 Day 30	-	Council approved
18 Sentinel Road, Herne Bay	0.17 km	2	1	81m²	Year 2025 Month 01 Day 11	$2,187,500	Council approved
2/7 Sentinel Road, Herne Bay	0.18 km	4	2	182m²	Year 2024 Month 10 Day 03	$2,430,000	Council approved
9A Sentinel Road, Herne Bay	0.23 km	3	2	95m²	Year 2024 Month 09 Day 16	-	Council approved
6/151 Jervois Road, Herne Bay	0.20 km	2	1	133m²	Year 2024 Month 09 Day 11	$1,335,000	Council approved