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Sold: $635,000

Sold on 2024 Year 2024 Month 09 Day 03

49 Ngae Place, Mangere East, Auckland - Manukau

2
1
72m2
99m2

Nestled in the tranquility of a quiet cul-de-sac at 49 Ngae Place, Mangere East, Auckland, this freehold property boasts a well-maintained fibrous cement exterior and an iron roof in good condition. The 72 square meter floor area is spread across 2 bedrooms, 1 bathroom, and a levelled land area of 99 square meters. Built in 2024, this residential ownership home unit presents a practical living space with a promising capital value.

As per the valuation records, the property's capital value as of June 2021 stands at $760,000, with a HouGarden AVM estimate of $730,000. The latest sale on September 3, 2024, indicates a transaction price of $635,000, highlighting a potential for growth and investment. The capital value has seen a significant increase over the years, reflecting a promising trend for the property's worth.

Educationally, the property falls within the zones of Robertson Road School, a full primary with a decile rating of 1, and Southern Cross Campus for years 7-8, also rated a decile 1. This addresses a strong demand for families seeking quality education within a convenient location.

Updated on October 23, 2024

Council Data

Last update : 2025 01 15
Improvement value$430,000
Land value$330,000
CV(Year 2021 Month 06)$760,000
View typeNo appreciable view
ContourLevel
Land area99m²
Floor area72m²
Decade of construction2024
Title1091241
Type of titleFreehold
Legal descriptionLOT 100 DP 582702, LOT 123 DP 582702, LOT 56 DP 582702
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 56, 123 DEPOSITED PLAN 582702,99m2
Council rates$1,187.86
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Robertson Road School
0.11 km
Primary
1-8
Government
Co-Educational
EQI: 504
1
Southern Cross Campus
0.59 km
Combined
1-13
Government
Co-Educational
EQI: 518
1

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:99m²
Title:Freehold

Surrounding facilities

Ngae Place Neighborhood and Surrounding Data

Suburbs

Data analysis - Mangere East properties data
Sales count(Last 12 months)
7View
Type: Freehold
Sales median price(Last 12 months)
$650,000
Low: $600,000, High: $970,000
Rent median price(Last 12 months)
$597
Low: $470, High: $635
Mangere East property trend
Year
Median price
Growth
Sales count
2024
$650,000
-13.3%
7
2023
$750,000
-14.4%
3
2022
$876,000
2.5%
7
2021
$855,000
1.8%
19
2020
$840,000
49.2%
9
2019
$563,000
-27.1%
6
2018
$772,500
19.8%
4
2017
$645,000
-17.3%
5
2016
$780,000
13.7%
8
2015
$686,000
52.4%
6
2014
$450,000
-
5

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
10 Ngae Place, Mangere East
0.02 km
0m2
Year 2024 Month 10 Day 03
$615,000
Council approved
18 Dolbel Place, Mangere East
0.02 km
4
3
-m2
Year 2024 Month 09 Day 17
-
Council approved
24 Halswell Street, Mangere East
0.11 km
3
1
-m2
Year 2024 Month 09 Day 16
-
Council approved
0.02 km
3
101m2
Year 2024 Month 09 Day 10
$735,000
Council approved
2 Coptic Place, Mangere East
0.22 km
3
1
100m2
Year 2024 Month 07 Day 31
$952,000
Council approved

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