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1048 New North Road, Mount Albert, Auckland, 2 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 03 Day 07

1048 New North Road, Mount Albert, Auckland

2
108m2
511m2

This 1930s brick and tile property, located at 1048 New North Road, Mount Albert, Auckland - City, is a testament to classic architecture and untapped potential. With two spacious bedrooms, a classic bathroom, and zero carparks, this freehold property spans a floor area of 108m2 and sits on a generous land area of 511m2. The property features average condition brick walls and tile roof, set on an easy/moderate rise contour, making it a canvas ready for transformation.

From its initial government valuation (CV) of $1,280,000 in 2017 to a significant increase to $1,600,000 by 2021, this property has shown a robust capital value increase of 25%. The latest HouGarden AVM estimates its value at $1,572,500. Historical sales data reveals a journey from $210,000 in 1998 to $467,500 in 2008, highlighting the property's appreciating value over time. This dwelling's rich history and potential for growth make it an attractive investment.

Located in a sought-after school zone, this property offers access to top-rated educational institutions including Gladstone School (Auckland) with a decile of 9, Mt Albert Grammar School with a decile of 7, Owairaka District School with a decile of 3, and Kowhai Intermediate School also with a decile of 7. These schools provide a range of educational opportunities for families looking to settle in the area.

Updated on March 21, 2024.

Council Data

Last update : 2024 12 11
Improvement value$50,000Reduced by -37% from year 2017
Land value$1,550,000Increased by 29% from year 2017
CV(Year 2021 Month 06)$1,600,000Increased by 25% from year 2017
View typeNo appreciable view
ContourEasy/Moderate rise
Land area511m²
Floor area108m²
Decade of construction1936
TitleNA677/210
Type of titleFreehold
Legal descriptionLOT 1 DP 26121
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 26121,511m2
Council rates$3,933.73
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningBusiness - Mixed Use Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Gladstone School (Auckland)
0.84 km
Primary
1-6
Government
Co-Educational
EQI: 372
9
Owairaka District School
0.89 km
Primary
1-6
Government
Co-Educational
EQI: 435
3
Mt Albert Grammar School
1.23 km
Secondary
9-15
Government
Co-Educational
EQI: 419
7
Kowhai Intermediate
3.68 km
Secondary
7-8
Government
Co-Educational
EQI: 406
7

Property history

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For developers

Unitary plan:Business - Mixed Use Zone
Land:511m²
Title:Freehold

Surrounding facilities

New North Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Mount Albert properties data
Mount Albert property trend
Year
Median price
Growth
Sales count
2024
$1,060,000
4.2%
11
2023
$1,017,000
-25.8%
6
2022
$1,370,000
42.7%
10
2021
$960,000
-34.2%
25
2020
$1,460,000
76.8%
13
2019
$826,000
-17.8%
53
2018
$1,005,000
-16.3%
15
2017
$1,200,000
-4.4%
11
2016
$1,255,000
35.5%
15
2015
$926,000
1.4%
21
2014
$913,500
-
22

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
42b Willcott Street, Mount Albert
0.26 km
2
1
72m2
Year 2024 Month 10 Day 15
$729,000
Council approved
42c Willcott Street, Mount Albert
0.26 km
2
1
72m2
Year 2024 Month 10 Day 10
$717,000
Council approved
1018A New North Road, Mount Albert
0.17 km
5
3
0m2
Year 2024 Month 10 Day 09
$1,320,000
Council approved
0.26 km
2
1
72m2
Year 2024 Month 08 Day 17
$745,000
Council approved
11/697 New North Road, Mount Albert
0.09 km
1
1
-m2
Year 2024 Month 07 Day 16
$211,686
Council approved

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