48 Penzance Road, Mairangi Bay, Auckland - North Shore

241m²

560m²

Council Data

Last update : 2025 03 05

Improvement value$775,000Reduced by -21% from year 2017

Land value$1,350,000Increased by 35% from year 2017

CV(Year 2021 Month 06)$2,125,000Increased by 6% from year 2017

DeckYes

View typeFocal Point Of view - Water

ContourSteep rise

Land area560m²

Floor area241m²

Decade of construction2003

Title108251

Type of titleFreehold

Legal descriptionLOT 1 DP 326654

CouncilAuckland - North Shore

Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 326654,560m2

Council rates$4,825.30
2023/2024

ConditionExternal Walls: Good
Roof: Good

ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Murrays Bay Intermediate	0.51 km	Secondary	7-8	Government	Co-Educational	EQI: 381	10	Detail
Murrays Bay School	0.64 km	Primary	1-6	Government	Co-Educational	EQI: 362	10	Detail
Rangitoto College	0.91 km	Secondary	9-15	Government	Co-Educational	EQI: 400	10	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone

Land:560m²

Title:Freehold

Surrounding facilities

Penzance Road Neighborhood and Surrounding Data
Penzance Road neighborhood is a sub-region located within Mairangi Bay city

Suburbs

Data analysis - Mairangi Bay properties data

Sales count(Last 12 months)

24View

Type: Freehold

Sales median price(Last 12 months)

$1,951,500

Low: $1,248,000, High: $2,900,000

Rent median price(Last 12 months)

$922

Low: $695, High: $1,200

Mairangi Bay property trend

Year	Median price	Growth	Sales count
2024	$1,904,000	2.9%	22
2023	$1,850,000	-13%	29
2022	$2,127,500	6.4%	28
2021	$2,000,000	10.2%	51
2020	$1,815,000	23.1%	41
2019	$1,474,000	-10.7%	32
2018	$1,650,000	-6.3%	41
2017	$1,760,000	10.6%	42
2016	$1,591,000	9.3%	43
2015	$1,455,000	27.6%	49
2014	$1,140,000	-	40

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
37A Hythe Terrace, Mairangi Bay	0.24 km	3	3	191m²	Year 2025 Month 02 Day 21	-	Council approved
4/27 Hastings Road, Mairangi Bay	0.25 km	4	3	220m²	Year 2025 Month 02 Day 01	-	Council approved
33B Penzance Road, Mairangi Bay	0.12 km	5	2	214m²	Year 2024 Month 11 Day 14	$1,630,000	Council approved
25A Hythe Terrace, Mairangi Bay	0.23 km	3	2	120m²	Year 2024 Month 10 Day 24	-	Council approved
85 Penzance Road, Mairangi Bay	0.17 km	4	3	340m²	Year 2024 Month 10 Day 01	$1,780,000	Council approved