Located at 1/531 Weymouth Road, Manurewa, Auckland - Manukau, this residential ownership home unit is a solid brick-and-tile structure built in 1975. It features 2 bedrooms, a separate bathroom, and toilet, along with an internal access garage. The property is set on a level contour with an average condition of both wall and roof, showcasing the durability of its construction. The floor area spans 100 square meters, offering ample space for comfortable living. This property operates under a Cross-Lease ownership type, ensuring a unique investment or living opportunity.
The property has seen a significant capital value increase from $540,000 in July 2017 to $630,000 in June 2021, marking a 16.67% growth. The latest sale recorded on February 7, 2024, was at $595,000, slightly below the HouGarden AVM of $602,500. This trend highlights the property's steady appreciation over the years, making it an attractive option for potential buyers. The auction, scheduled on-site on January 26, 2024, presents a golden opportunity for those looking to invest in a property with a proven track record of value growth.
The property falls within the school zones of James Cook High School and Weymouth School, both offering unique educational environments. James Cook High School, a secondary institution for years 9-15, holds a decile rating of 1, while Weymouth School, a contributing primary institution, has a decile rating of 2. These schools provide diverse learning opportunities for students, making this property an ideal choice for families prioritizing education.
Updated on April 05, 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 | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 3 | 1 | 84m2 | 2024年04月07日 | $605,000 | Council approved | |
 | 0.30 km | 5 | 3 | 250m2 | 2024年02月13日 | $895,000 | Council approved | |
 | 0.29 km | 4 | 2 | 120m2 | 2024年02月12日 | $990,000 | Council approved | |
 | 0.23 km | 3 | 1 | -m2 | 2023年12月13日 | $801,500 | Council approved | |
 | 0.21 km | 4 | 2 | 160m2 | 2023年11月21日 | $730,000 | Council approved |