Nestled in a tranquil cul-de-sac at 2/295 Massey Road, Mangere East, this 1986-built residential dwelling on cross-lease title boasts 3 bedrooms, 1 bathroom, and a single carpark. The 89sqm floor area is complemented by mixed-material walls and roof in average condition, sitting on a level contour site. This property has seen a 37.5% increase in Capital Value from $560,000 in 2017 to the current $770,000 as of June 2021. The latest sale was recorded at $600,000 in 2019, with a HouGarden AVM of $740,000, indicating a promising investment opportunity.
With a government-estimated Capital Value on the rise and a history of steady growth, this property is not just a home but a wise investment. The recent sale history and AVM reflect a positive trend in the property's market value, making it an attractive prospect for potential buyers.
For families with children, the property falls within the zones of Southern Cross Campus (Years 7-8) and Mangere East School, both rated at decile 1. This provides access to quality education in a family-friendly environment. The location offers convenience, with easy access to transport hubs, Middlemore Hospital, and the Auckland Airport, making it an ideal blend of comfort and connectivity.
Updated on April 12, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $676,000 | -13.4% | 16 |
2022 | $781,000 | 0.8% | 16 |
2021 | $775,000 | 32.7% | 41 |
2020 | $584,000 | 0.7% | 18 |
2019 | $580,000 | 1.8% | 23 |
2018 | $570,000 | 1.1% | 30 |
2017 | $564,000 | 4.4% | 26 |
2016 | $540,000 | 19.9% | 24 |
2015 | $450,500 | 23.4% | 40 |
2014 | $365,000 | - | 33 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 1 | 111m2 | 2024年03月26日 | $453,000 | Council approved | |
 | 0.38 km | 3 | 1 | 114m2 | 2024年03月05日 | $795,000 | Council approved | |
0.02 km | 5 | 150m2 | 2023年12月07日 | $1,000,000 | Council approved | |||
0.27 km | 2 | 1 | 110m2 | 2023年12月05日 | $650,000 | Council approved | ||
 | 0.28 km | 4 | 1 | 172m2 | 2023年11月16日 | $1,103,000 | Council approved |