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.
Name | Distance | 类型 | Year | 属性 | 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 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,017,000 | -25.8% | 6 |
2022 | $1,370,000 | -14.4% | 10 |
2021 | $1,600,000 | 9.6% | 17 |
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 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.04 km | 4 | 209m2 | 2024年02月11日 | $1,830,000 | Council approved | |||
 | 0.21 km | 2 | 1 | -m2 | 2024年01月19日 | $590,000 | Council approved | |
0.17 km | 2 | 1 | 72m2 | 2023年12月22日 | $755,000 | Council approved | ||
 | 0.30 km | 3 | 2 | -m2 | 2023年11月02日 | $855,000 | Agent claimed | |
 | 0.01 km | 5 | 3 | 0m2 | 2023年11月01日 | - | Council approved |