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43b Velma Road, Hillcrest, Auckland - North Shore, 3 Bedrooms, 0 Bathrooms, House

Sold: $1,335,000

Sold on 2024 Year 2024 Month 09 Day 22

43b Velma Road, Hillcrest, Auckland - North Shore

3
155m2
402m2

Nestled in the serene Hillcrest, Auckland, on 43b Velma Road, this freehold property boasts a capital value of $1,425,000 as of June 2021. The 1990-built home has been fully renovated, featuring 3 bedrooms, 2 bathrooms, and a carpark, all set on a generous 402sqm of land with an easy/moderate contour. The iron roof and wooden exterior walls are both in good condition, while the interior enjoys a versatile layout with two living areas, ground-level bedrooms, and a master bedroom with an ensuite on the second floor. The property benefits from all-day sun and direct access to McFetridge Park. Notably, the capital value has seen a significant increase over the years. The HouGarden AVM estimates the property at $1,260,000, reflecting a potential growth opportunity. It falls within the dual Westlake school zones, including TAKAPUNA NORMAL INTERMEDIATE, SUNNYBRAE SCHOOL, MARLBOROUGH SCHOOL, WESTLAKE BOYS' HIGH SCHOOL, and WESTLAKE GIRLS' HIGH SCHOOL, making it an ideal choice for families.

As for the property's financial history, the government's valuation has shown a consistent rise, indicating a sound investment. The recent sales history and rapid capital value growth percentage further underscore the property's appeal. This sunlit park-side living offers not only tranquility but also convenient access to shopping, Takapuna Golf, and motorway networks.

For families with school-aged children, the decile rating and school options are a significant draw. The property is in a highly sought-after school zone, ensuring quality education for your family. This is not just a house; it's a foundation for a bright future.

Updated on September 24, 2024

Council Data

Last update : 2025 01 15
Improvement value$600,000
Land value$825,000
CV(Year 2021 Month 06)$1,425,000
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Land area402m²
Floor area155m²
Decade of construction1990
Title1174514
Type of titleFreehold
Legal descriptionLOT 2 DP 602061
CouncilAuckland - North Shore
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 602061,402m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Marlborough School
0.54 km
Primary
1-6
Government
Co-Educational
EQI: 388
7
Sunnybrae Normal School
0.80 km
Primary
1-6
Government
Co-Educational
EQI: 379
7
Glenfield Intermediate
0.84 km
Secondary
7-8
Government
Co-Educational
EQI: 441
6
Glenfield Primary School
1.10 km
Primary
1-6
Government
Co-Educational
EQI: 424
5
Willow Park School
1.26 km
Primary
1-6
Government
Co-Educational
EQI: 364
9
Westlake Girls' High School
1.46 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 404
9
Westlake Boys High School
1.52 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 399
9
Onepoto School
1.57 km
Primary
1-6
Government
Co-Educational
EQI: 521
1
Northcote Intermediate
1.63 km
Secondary
7-8
Government
Co-Educational
EQI: 405
6
Takapuna Normal Intermediate
1.63 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:402m²
Title:Freehold

Velma Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Hillcrest properties data
Hillcrest property trend
Year
Median price
Growth
Sales count
2024
$1,250,000
4.2%
49
2023
$1,200,000
-12%
32
2022
$1,363,000
-4.7%
25
2021
$1,430,000
16.4%
41
2020
$1,228,000
21.6%
39
2019
$1,010,000
2.3%
28
2018
$987,500
-6%
40
2017
$1,050,500
-1%
42
2016
$1,060,800
15.9%
51
2015
$915,500
16.8%
50
2014
$784,000
-
42

Mortgage

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Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
126B Coronation Road, Hillcrest
0.34 km
4
3
0m2
Year 2024 Month 10 Day 03
-
Council approved
1/1 Anne Road, Hillcrest
0.36 km
2
1
-m2
Year 2024 Month 09 Day 06
-
Council approved
2/8 Raeben Avenue, Hillcrest
0.26 km
3
1
0m2
Year 2024 Month 09 Day 01
$999,000
Council approved
1/29 Velma Road, Hillcrest
0.11 km
2
1
-m2
Year 2024 Month 08 Day 01
$720,000
Council approved
148 Coronation Road, Hillcrest
0.28 km
5
1
180m2
Year 2024 Month 07 Day 31
-
Council approved

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