Nestled on a serene cul-de-sac at 5 Corsair Crescent, Mangere, Auckland, this charming 3-bedroom, 1-bathroom residential property is a freehold haven. Constructed in 1966 with durable brick walls and tile roofing, it stands as a testament to classic craftsmanship. The 99sqm floor area is complemented by a spacious 706sqm section, creating a blank canvas for potential development. Notably, the property has experienced a significant Capital Value increase of 67.97%, from $640,000 in 2017 to the current $1,075,000 as of June 2021. The latest sale was recorded at $860,000 in February 2021, with the HouGarden AVM estimating the property's worth at $1,030,000.
For families with educational considerations, the property falls within the decile 1 zone for Viscount School (Full Primary), Mangere College (Secondary), and Sir Douglas Bader Intermediate, ensuring top-notch education is within easy reach. The convenient location, close to Middlemore Hospital, Auckland Airport, and major shopping centers, further enhances the property's appeal.
Boasting a heat pump, timber floors, and a well-maintained yard, this property is an ideal investment for first-time buyers or astute land bankers. The mixed housing urban zoning opens up a world of potential for future development. Don't miss the opportunity to secure this piece of prime real estate with a reserve price of just $1.
Updated on May 02, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $835,000 | -9.7% | 61 |
2022 | $925,000 | -7.4% | 40 |
2021 | $999,000 | 37.8% | 103 |
2020 | $725,000 | 11.5% | 91 |
2019 | $650,000 | - | 115 |
2018 | $650,000 | 1.8% | 101 |
2017 | $638,250 | 0.1% | 76 |
2016 | $637,500 | 17.5% | 88 |
2015 | $542,500 | 24% | 96 |
2014 | $437,500 | - | 72 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 2 | 132m2 | Year 2024 Month 05 Day 06 | $905,000 | Council approved | |
 | 0.28 km | 1 | 1 | 50m2 | Year 2024 Month 04 Day 24 | $529,000 | Council approved | |
 | 0.43 km | 5 | 168m2 | Year 2024 Month 03 Day 08 | $1,050,000 | Council approved | ||
 | 0.52 km | 3 | 1 | 96m2 | Year 2024 Month 01 Day 31 | $682,000 | Council approved | |
4.04 km | 5 | 164m2 | Year 2024 Month 01 Day 03 | $1,144,380 | Council approved |