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11 Old Farm Lane, Karaka, Auckland - Papakura, 5 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $2,500,000

Sold on 2024 Year 2024 Month 07 Day 01

11 Old Farm Lane, Karaka, Auckland - Papakura

5
340m2
2501m2

Nestled in the serene Karaka, Auckland, this contemporary 5-bedroom residence on 2501 sqm of flat land is a freehold property that exudes modern luxury. Constructed with high-quality materials, including white-washed brick cladding and a colour steel roof, this home boasts an impressive 352 sqm of north-facing living space. It comes complete with a 10-year Master Builder's Guarantee, under-floor heating in the bathrooms, ducted air-conditioning, and attractive timber-look floors. The latest in smart home technology allows for convenient control at your fingertips. The property, valued at $720,000 according to the June 2021 government valuation, has seen a remarkable increase with the latest sale price reaching $2,500,000 in June 2024. The HouGarden AVM estimates the property's worth at $700,000, making it an attractive investment.

Located in a prime school zone, the nearby Karaka School is a full primary with a decile rating of 9, while Rosehill College, a secondary school, holds a decile rating of 5. The residence is situated in a quiet cul-de-sac, ensuring a peaceful environment for family living. The property's capital value has shown a substantial growth percentage, making it a sound investment for the future.

With its excellent school network, modern design, and prime location, this property is not only a home but a masterpiece that promises comfort, convenience, and potential value appreciation.

Updated on August 20, 2024

Council Data

Last update : 2025 01 29
Improvement value$1,300,000
Land value$720,000
CV(Year 2021 Month 06)$2,020,000
View typeFocal Point Of view - Other
ContourLevel
Land area2501m²
Floor area340m²
Decade of construction2024
Title1014192
Type of titleFreehold
Legal descriptionLOT 20 DP 566607, LOT 3 DP 566607
CouncilAuckland - Papakura
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 566607,2501m2
Council rates$1,750.86
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Rural and Coastal Settlement Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Karaka School
0.36 km
Primary
1-8
Government
Co-Educational
EQI: 407
9
Rosehill College
5.94 km
Secondary
9-15
Government
Co-Educational
EQI: 468
5

Property history

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For developers

Unitary plan:Residential - Rural and Coastal Settlement Zone
Land:2501m²
Title:Freehold

Surrounding facilities

Old Farm Lane Neighborhood and Surrounding Data

Suburbs

Data analysis - Karaka properties data
Karaka property trend
Year
Median price
Growth
Sales count
2024
$1,605,000
-2.7%
38
2023
$1,650,000
-0.8%
29
2022
$1,663,500
3.4%
34
2021
$1,609,500
36.4%
49
2020
$1,180,000
-1.7%
51
2019
$1,200,000
-3.2%
37
2018
$1,240,000
-1.2%
39
2017
$1,255,000
5%
44
2016
$1,195,000
26.6%
55
2015
$944,000
13.1%
88
2014
$835,000
-
98

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
129 Lewis Road, Karaka
0.62 km
5
3
-m2
Year 2024 Month 12 Day 01
-
Council approved
2.06 km
4
230m2
Year 2024 Month 11 Day 21
$1,235,000
Council approved
0.65 km
5
264m2
Year 2024 Month 11 Day 08
$2,500,000
Council approved
18 Karaka School Lane, Karaka
0.44 km
5
3
-m2
Year 2024 Month 09 Day 01
$2,000,000
Council approved
151 Whangapouri Road, Karaka
1.53 km
5
4
597m2
Year 2024 Month 08 Day 20
-
Council approved

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