Located at 1/48 Russell Road, Manurewa, Auckland - Manukau, this residential property offers a unique blend of comfort and convenience with its 2 bedrooms, 1 bathroom, and an additional rumpus room, all spread across a 100m² floor area. The property, built in 1980, features brick walls in good condition and a tiled roof also in good condition. It sits on a level contour under a Cross-Lease ownership type, highlighting its appeal with a fully renovated interior, exclusive garden area, separate laundry, and an open plan kitchen, living, and dining area. Parking is made easy with 1 dedicated carpark.
From a financial perspective, the property has seen a significant increase in capital value, from $540,000 in July 2017 to $680,000 in June 2021, marking a 25.93% growth. The latest sale records show transactions at $680,000 in December 2023 and $546,000 in July 2023, with a current HouGarden AVM estimate at $650,000. This trajectory underscores the property's solid investment potential and market appeal.
Education is a priority, and this property does not disappoint, being zoned for Manurewa Intermediate, Manurewa West School, and James Cook High School, all of which are decile 1 institutions. This ensures access to quality education, making it an ideal home for families looking to provide their children with solid academic foundations.
Updated on April 06, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $568,000 | -18.9% | 47 |
2022 | $699,999 | 7.4% | 49 |
2021 | $651,500 | 24.1% | 122 |
2020 | $525,000 | 7% | 68 |
2019 | $490,500 | 1.7% | 38 |
2018 | $482,500 | -3.5% | 66 |
2017 | $500,000 | 8.1% | 61 |
2016 | $462,500 | 17.1% | 90 |
2015 | $395,000 | 25.2% | 128 |
2014 | $315,500 | - | 96 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 2 | 1 | 85m2 | 2024年03月27日 | $450,000 | Council approved | |
0.10 km | 3 | 1 | 100m2 | 2024年03月08日 | $1,300,000 | Council approved | ||
0.13 km | 2 | 160m2 | 2024年01月21日 | $738,000 | Council approved | |||
 | 0.05 km | 3 | 1 | 90m2 | 2023年12月13日 | $878,000 | Council approved | |
 | 0.09 km | 3 | 2 | 150m2 | 2023年12月05日 | $931,000 | Council approved |