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8 Korako Drive, Kumeu, Auckland - Rodney, 5 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 10 Day 24

8 Korako Drive, Kumeu, Auckland - Rodney

5
281m2
700m2

Nestled on a serene 700m2 site at 8 Korako Drive, Kumeu, Auckland, this contemporary freehold residence boasts a 2017 build with wood and iron construction, exuding a warm and inviting ambiance. The 281m2 floor area is thoughtfully spread across 5 bedrooms, complemented by 2 carparks and a family-friendly layout. The property, with its good condition walls and roof, presents a stunning backyard with a pool complex, creating an entertainer's paradise.

Since 2017, the property's Capital Value has seen a remarkable increase of 33.33%, reaching $1,700,000 as of June 2021. The HouGarden AVM estimates the property at $1,630,000, while the latest sales history shows a significant jump from $386,956 in 2015 to $445,000 just a few months later. This is a clear indicator of the property's growing value and appeal.

For families with children, the property falls within the zones of Massey High School (Decile 4), Matua Ngaru School (Decile 9), and St Paul's School (Massey) - all reputable educational institutions. The location offers a family-friendly neighborhood with easy access to parks, shopping, and motorway connections, making it an ideal blend of comfort, convenience, and investment potential.

Updated on October 24, 2024

Council Data

Last update : 2025 01 22
Improvement value$940,000Increased by 31% from year 2017
Land value$760,000Increased by 35% from year 2017
CV(Year 2021 Month 06)$1,700,000Increased by 33% from year 2017
View typeNo appreciable view
ContourLevel
Land area700m²
Floor area281m²
Decade of construction2017
Title703519
Type of titleFreehold
Legal descriptionLOT 82 DP 489260
CouncilAuckland - Rodney
Estate descriptionFSIM,1/1,LOT 82 DEPOSITED PLAN 489260,700m2
Council rates$4,149.53
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Single House Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Matua Ngaru School
0.42 km
Primary
1-8
Government
Co-Educational
EQI: 392
9
St Paul's School (Massey)
9.52 km
Primary
1-6
Government
Co-Educational
EQI: 404
4
Massey High School
10.49 km
Secondary
9-15
Government
Co-Educational
EQI: 485
4

Property history

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For developers

Unitary plan:Residential - Single House Zone
Land:700m²
Title:Freehold

Surrounding facilities

Korako Drive Neighborhood and Surrounding Data

Suburbs

Data analysis - Kumeu properties data
Kumeu property trend
Year
Median price
Growth
Sales count
2024
$1,777,500
16.9%
8
2023
$1,520,000
-35.3%
9
2022
$2,350,000
29.8%
8
2021
$1,810,000
63.8%
25
2020
$1,105,000
13.9%
21
2019
$970,000
-14.8%
13
2018
$1,138,500
-33%
18
2017
$1,700,000
30.1%
15
2016
$1,306,500
30.7%
22
2015
$1,000,000
-13%
24
2014
$1,150,000
-
22

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
180 Matua Road, Kumeu
0.10 km
5
3
0m2
Year 2024 Month 12 Day 01
-
Council approved
26 Korako Drive, Huapai
0.18 km
4
2
-m2
Year 2024 Month 10 Day 01
$1,387,000
Council approved
14 Gilbransen Road, Kumeu
0.25 km
4
2
-m2
Year 2024 Month 09 Day 06
-
Council approved
152 Matua Road, Huapai
0.28 km
4
2
-m2
Year 2024 Month 09 Day 01
$1,335,000
Council approved
10 Pititi Lane, Kumeu
0.18 km
4
2
-m2
Year 2024 Month 08 Day 02
-
Council approved

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