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5/70 Nile Road, Milford, Auckland - North Shore, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $765,000

Sold on 2024 Year 2024 Month 04 Day 01

5/70 Nile Road, Milford, Auckland - North Shore

2
1
62m2

Nestled in a serene cul-de-sac at 5/70 Nile Road, Milford, Auckland, this residential ownership home unit boasts a charming vintage appeal with its 1969 brick construction and tiled roof. The 2-bedroom, 1-bathroom unit with a single carpark and a floor area of 62 square meters is set on a cross-lease title. The property presents a capital value growth of 20.59% from $680,000 in 2017 to $820,000 as of June 2021. The HouGarden AVM estimates the property's value at $785,000. This home, with good wall and roof conditions, overlooks a wide lawn and offers an open urban outlook from its elevated position, ensuring no flood concerns.

As for its valuation history, the property has seen a significant increase, reflecting a promising investment opportunity. The recent sale history and AVM reflect a strong market interest in the area. The capital value growth percentage is a testament to the property's potential as a sound investment.

Educationally, the property falls within the decile 9 Westlake Boys' and Girls' High School zones, as well as the decile 8 Forrest Hill School and the decile 9 Milford School. Takapuna Normal Intermediate, also decile 9, is in close proximity. These schools are a major draw for families seeking quality education for their children.

Updated on April 19, 2024

Council Data

Last update : 2025 03 05
Improvement value$260,000Increased by 4% from year 2017
Land value$560,000Increased by 30% from year 2017
CV(Year 2021 Month 06)$820,000Increased by 20% from year 2017
View typeNo appreciable view
ContourEasy/Moderate Fall
Floor area62m²
Decade of construction1969
TitleNA16A/990
Type of titleCross-Lease
Legal description1/5SH LOT 194 DP 8886 FLAT 5 DP 60050
CouncilAuckland - North Shore
Estate descriptionLEHD,1/1,LOT 194 DEPOSITED PLAN 8886,1290m2
Council rates$2,305.38
2023/2024
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)
0.50 km
Primary
1-6
Government
Co-Educational
EQI: 357
9
Westlake Boys High School
0.57 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 399
9
Forrest Hill School
0.59 km
Primary
1-6
Government
Co-Educational
EQI: 375
8
Westlake Girls' High School
0.80 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 404
9
Takapuna Normal Intermediate
1.28 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9

Property history

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

Surrounding facilities

Nile Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Milford properties data
Milford property trend
Year
Median price
Growth
Sales count
2024
$932,500
1.9%
30
2023
$915,000
-7.9%
19
2022
$994,000
-15.3%
24
2021
$1,173,586
14.5%
34
2020
$1,025,000
21%
39
2019
$847,000
6.2%
49
2018
$797,500
-3.3%
44
2017
$825,000
-2.5%
32
2016
$846,500
6.7%
34
2015
$793,500
21.1%
42
2014
$655,000
-
44

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.22 km
3
120m2
Year 2024 Month 12 Day 19
$1,211,148
Council approved
2/22 Belmont Terrace, Milford
0.33 km
2
1
120m2
Year 2024 Month 11 Day 27
-
Council approved
5B Trafalgar Road, Milford
0.12 km
4
3
219m2
Year 2024 Month 11 Day 20
-
Council approved
1/26 Quebec Road, Milford
0.29 km
3
1
100m2
Year 2024 Month 11 Day 11
-
Council approved
3/17 Quebec Road, Milford
0.24 km
2
1
100m2
Year 2024 Month 10 Day 09
$915,000
Council approved

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