Nestled on a level section at 11 Peara Lane, Karaka, this freehold property is a stunning 4-bedroom, 1-bathroom residence with a single carpark. Constructed with a mix of materials for the walls and iron for the roof, the 67sqm floor area is complemented by a generous 178sqm land area. The property, built in 2024, is in good condition both inside and out. Notably, the government's capital value (CV) as of June 2021 is $630,000, reflecting a rapid increase in value. The HouGarden AVM estimates the property's worth at $612,500, a testament to its allure in the market.
Regarding the property's financial history, the CV has seen a significant jump, indicating a promising investment with a substantial growth percentage. Recent sales in the area further validate the rising trend in property values, making this home an attractive prospect for buyers.
For families with children, the property falls within the zones of both Rosehill College (a secondary school with a decile rating of 5) and Ngakoroa School (a full primary school with a decile rating of 0), ensuring access to quality education. This, coupled with the property's prime location and modern amenities, makes it an ideal choice for those seeking a balanced lifestyle.
Updated on July 24, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 4 | 3 | -m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.13 km | 4 | 3 | -m2 | Year 2024 Month 09 Day 01 | $820,000 | Council approved | |
 | 0.14 km | 4 | 3 | -m2 | Year 2024 Month 09 Day 01 | - | Council approved | |
 | 0.16 km | 4 | 3 | -m2 | Year 2024 Month 07 Day 04 | $829,000 | Council approved | |
 | 0.13 km | 4 | 3 | -m2 | Year 2024 Month 07 Day 01 | $885,000 | Council approved |