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1/12 Prospect Terrace, Milford, Auckland - North Shore, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 08 Day 05

1/12 Prospect Terrace, Milford, Auckland - North Shore

3
110m2

Nestled in the serene cul-de-sac of Prospect Terrace, Milford, this 1975-built residence boasts 3 bedrooms, a single carpark, and a floor area of 110 square meters. The property, with its Iron roof and Mixed Materials exterior, is maintained in good condition both inside and out. It is set on an easy-to-moderate rise contour, perfect for those who appreciate a touch of elevation in their living space. The home is under a Cross-Lease ownership, offering a sense of community while maintaining individual privacy.

Since 2017, the Capital Value has seen a significant increase of 11.86%, reaching $1,650,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,607,500, closely aligning with the latest sale in 2018 for $1,390,000. The CV growth trajectory is a testament to the property's appeal and investment potential.

For families with school-aged children, this property falls within the zones of Milford School, Takapuna Normal Intermediate, and both Westlake Boys' and Girls' High Schools, all boasting a decile rating of 9. It's a perfect blend of comfort, convenience, and top-notch education, making this property an absolute must-consider for those seeking a complete package.

Updated on August 06, 2024

Council Data

Last update : 2025 03 05
Improvement value$300,000Reduced by 0% from year 2017
Land value$1,350,000Increased by 14% from year 2017
CV(Year 2021 Month 06)$1,650,000Increased by 11% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourEasy/Moderate rise
Floor area110m²
Decade of construction1970
Title1179484
Type of titleCross-Lease
Legal descriptionAREA 1 DP 603294 1/3 SH LOT 9 DP 7578
CouncilAuckland - North Shore
Estate descriptionFSIM,1/3,LOT 9 DEPOSITED PLAN 7578,1193m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Milford School (Auckland)
0.77 km
Primary
1-6
Government
Co-Educational
EQI: 357
9
Westlake Boys High School
1.62 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 399
9
Westlake Girls' High School
1.87 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 404
9
Takapuna Normal Intermediate
2.24 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Prospect Terrace Neighborhood and Surrounding Data

Suburbs

Data analysis - Milford properties data
Milford property trend
Year
Median price
Growth
Sales count
2024
$1,270,000
-4.2%
32
2023
$1,325,000
-12%
24
2022
$1,505,000
-0.3%
31
2021
$1,510,250
18.3%
48
2020
$1,276,250
12.9%
34
2019
$1,130,500
-6.8%
30
2018
$1,212,500
1.7%
52
2017
$1,192,000
3.7%
42
2016
$1,150,000
11%
37
2015
$1,036,500
27.9%
46
2014
$810,500
-
20

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1/34 Prospect Terrace, Milford
0.24 km
3
2
-m2
Year 2025 Month 02 Day 04
-
Council approved
2/3 Omana Road, Milford
0.28 km
2
1
-m2
Year 2024 Month 11 Day 27
-
Council approved
2/37 Prospect Terrace, Milford
0.16 km
4
233m2
Year 2024 Month 10 Day 01
$2,600,000
Council approved
26 Prospect Terrace, Milford
0.16 km
4
2
200m2
Year 2024 Month 09 Day 27
$1,595,000
Council approved
0.16 km
4
200m2
Year 2024 Month 09 Day 13
$1,595,000
Council approved

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