Nestled on a generous 796 sqm freehold section, this 1960-built property at 29 Coxhead Road, Manurewa, Auckland, offers a golden opportunity for investors and first-time buyers. The charming residence boasts four bedrooms, a bathroom, and is complemented by a single car park and a floor area of 113 sqm. With wood exterior walls and tiled roofing in average condition, this property is set on a site with an easy-to-moderate rise contour. The capital value has seen a remarkable increase of 86.5% from $630,000 in 2017 to $1,175,000 as of June 2021, echoing the rapid appreciation of this prime asset. The HouGarden AVM estimates the property's worth at $1,092,500, while the latest sales history shows a significant leap from $65,000 in 1984 to $162,000 in 1997.
For families with children, the property falls within the highly sought-after school zones of Manurewa Intermediate, Leabank School, and James Cook High School, all with a decile rating of 1, indicating a high standard of education in the area. This property not only combines practicality and ample space but also presents a strategic investment in a thriving educational district.
Located just 1 km from the motorway and a short 6-minute drive to Manurewa's vibrant shopping, dining, and entertainment scene, this property is a perfect blend of convenience and potential. Don't miss the chance to own a piece of this rapidly appreciating real estate market!
Updated on June 13, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $885,500 | -9.6% | 84 |
2022 | $980,000 | -2.2% | 81 |
2021 | $1,002,000 | 25.3% | 161 |
2020 | $800,000 | 9.5% | 143 |
2019 | $730,750 | 2.9% | 140 |
2018 | $710,000 | -1.4% | 106 |
2017 | $720,000 | 5.9% | 104 |
2016 | $680,000 | 16.5% | 147 |
2015 | $583,750 | 26.9% | 196 |
2014 | $460,000 | - | 210 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 1 | 80m2 | Year 2024 Month 06 Day 06 | $775,000 | Council approved | |
 | 0.30 km | 3 | 1 | 90m2 | Year 2024 Month 06 Day 06 | $782,500 | Council approved | |
 | 0.15 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 01 | $720,000 | Council approved | |
 | 0.27 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
 | 0.34 km | 4 | 2 | -m2 | Year 2024 Month 01 Day 23 | $850,000 | Council approved |