Located at 1/12 Reagan Road, Manukau, Auckland - Manukau, this tastefully renovated unit presents a perfect opportunity for first home buyers or investors. The property features 2 spacious bedrooms, a generous living area equipped with a heat pump, a carport alongside shared visitor parking, and is situated as the front unit in a block of 8. Constructed with solid brick and tiles in 1977, the building's wall and roof conditions are rated as good. The unit spans a floor area of 62m² under a Unit Title, with no specified land area. Its convenient location offers a short walk to AUT and Westfields Mall Manukau, making it an ideal hassle-free investment with a rental appraisal of $600 - $620 per week.
The property has seen a significant capital value increase from $360,000 in July 2017 to $500,000 in June 2021, marking a 38.89% growth. The latest HouGarden AVM estimates the property's value at $480,000. Its sale history includes transactions at $465,000 in May 2018 and $225,000 in October 2011, indicating a steady appreciation over time.
For families considering educational facilities, the property is zoned for Papatoetoe East School (decile 2), Papatoetoe Intermediate (decile 2), and Papatoetoe High School (decile 3), covering a range of schooling options from contributing through to secondary (Year 9-15).
Updated on April 04, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $638,500 | 2.2% | 4 |
2022 | $625,000 | 0.8% | 13 |
2021 | $620,000 | 13.2% | 41 |
2020 | $547,500 | 10.6% | 20 |
2019 | $495,000 | 7.6% | 15 |
2018 | $460,000 | 13.6% | 7 |
2017 | $405,000 | -19% | 5 |
2016 | $500,000 | 40.1% | 11 |
2015 | $357,000 | 6.6% | 25 |
2014 | $335,006 | - | 12 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 3 | 1 | 170m2 | 2024年04月27日 | $830,000 | Council approved | |
 | 0.18 km | 2 | 1 | -m2 | 2024年03月11日 | $450,000 | Council approved | |
 | 0.31 km | 2 | 1 | 95m2 | 2024年03月05日 | $620,080 | Council approved | |
0.20 km | 3 | 1 | 87m2 | 2024年02月16日 | $805,000 | Council approved | ||
0.31 km | 2 | 1 | 95m2 | 2023年11月28日 | $527,000 | Council approved |