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1/78 Velma Road, Hillcrest, Auckland - North Shore, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 06 Day 06

1/78 Velma Road, Hillcrest, Auckland - North Shore

3
136m2

Nestled in an elevated position at 1/78 Velma Road, Hillcrest, Auckland, this residential dwelling boasts a serene environment with all-day sun and expansive outlooks. Constructed in 1985 with wood exterior walls and tiled roofing, the property is maintained in good condition both inside and out. It features 3 bedrooms, 1 carpark, and a floor area of 136 square meters, operating under a Cross-Lease ownership. The capital value has seen a significant increase, rising from $889,600 in 2017 to the current $1,100,000 as of June 2021, indicating a growth rate of 23.65%. The property is further appraised at $1,025,000 by HouGarden AVM, with a notable sale history in 2014 for $756,000 and in 1992 for $155,000.

For families, the property falls within the zones of highly regarded Marlborough and Sunnybrae Normal Schools, both with a decile rating of 7. It is also in close proximity to Northcote Intermediate, Northcote College, and the prestigious Westlake Boys' and Girls' High Schools, all of which are rated 9 for their decile scores. This home offers a perfect blend of modern conveniences, potential for personalization, and is located in a prime area with easy access to parks and amenities.

With a warm and cozy atmosphere thanks to the heat pump, and outdoor spaces that include decks on both sides of the house, a fenced yard, and lush garden areas, this property is ideal for both relaxation and entertainment. Don't miss the opportunity to secure this charming home in a sought-after school zone. The auction has been brought forward to 4:45pm on the 6th of June 2024 at Ray White Milford.

Updated on June 07, 2024

Council Data

Last update : 2024 06 19
Improvement value$430,000Increased by 38% from year 2017
Land value$670,000Increased by 15% from year 2017
CV(Year 2021 Month 06)$1,100,000Increased by 23% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate rise
Floor area136m²
Decade of construction1985
TitleNA59C/59
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 106647 HAVING 1/3 INT IN 1156 SQ METRES BEING LOT 18 DP 75695
CouncilAuckland - North Shore
Estate descriptionFSIM,1/3,LOT 18 DEPOSITED PLAN 75695,1156m2
Council rates$3,230.55 2023/2024
ConditionExternal Walls: Good Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Marlborough School
0.31 km
Primary
1-6
Government
Co-Educational
EQI: 388
7
Glenfield Intermediate
0.85 km
Secondary
7-8
Government
Co-Educational
EQI: 441
6
Sunnybrae Normal School
1.02 km
Primary
1-6
Government
Co-Educational
EQI: 379
7
Northcote Intermediate
1.69 km
Secondary
7-8
Government
Co-Educational
EQI: 405
6
Westlake Girls' High School
1.75 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 404
9
Westlake Boys High School
1.80 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 399
9
Takapuna Normal Intermediate
1.91 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9
Northcote College
2.39 km
Secondary
9-15
Government
Co-Educational
EQI: 433
7

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Hillcrest properties data
Hillcrest property trend
Year
Median price
Growth
Sales count
2023
$1,075,000
10.4%
13
2022
$973,750
-15.5%
16
2021
$1,152,000
19.9%
22
2020
$960,500
14.5%
12
2019
$838,500
-5.1%
26
2018
$884,000
5.9%
32
2017
$834,705
8.4%
20
2016
$770,000
0.7%
25
2015
$765,000
6.8%
27
2014
$716,500
-
16

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/70 Archers Road
0.13 km
3
2
100m2
Year 2024 Month 05 Day 16
$875,000
Council approved
5 Cheryl Place
0.25 km
3
1
0m2
Year 2024 Month 03 Day 13
$1,695,000
Council approved
0.02 km
2
1
60m2
Year 2024 Month 02 Day 26
$765,000
Council approved
2/80 Archers Road
0.13 km
4
1
-m2
Year 2024 Month 02 Day 01
$1,000,000
Council approved
24 Beatrice Avenue
0.16 km
3
1
140m2
Year 2024 Month 01 Day 10
$1,180,000
Council approved

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