Nestled on a serene and picturesque Preston Avenue, just a stone's throw from Anderson Park's sports grounds, this charming 1920s weatherboard cottage boasts a rich heritage and potential for modernization. The 3-bedroom, 1-bathroom residence, with a floor area of 95 square meters, sits on a level, fully fenced section under a Cross-Lease title. The Iron roof and Wood exterior walls are in average condition, reflecting the era's character. Notably, the property has seen a 25% increase in Capital Value from $980,000 in 2017 to the current $1,225,000 as per the latest government valuation. The HouGarden AVM estimates the property at $1,099,500, while the latest sale history shows a sale price of $950,000 in 2020 and $312,000 in 2004. This property is not just a home but a sound investment opportunity.
With a decile rating of 4, Avondale College for secondary education and Owairaka District School with a rating of 3 for contributing education are within walking distance. Additionally, Wesley Intermediate, rated 1, is also in the zone. The residence features polished native wood flooring, high ceilings, and modernized kitchen amenities. It includes two living areas with original fireplaces, a heat pump, and French doors leading to another sitting room. The bathroom is equipped with a heated towel rail and a partially tiled shower over the bathtub. The property offers a single carport, storage, and ample off-street parking.
Set amidst established gardens and flat lawns with mature trees, this property is perfect for those seeking a tranquil yet convenient lifestyle. It's close to the Mt Albert train station, bus routes, and the southwestern motorway with easy access to the Waterview Tunnel. The shopping and dining precinct of Mt Albert is a short drive away, making this property an attractive prospect for both investors and first-time homebuyers.
Updated on April 15, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,150,000 | -10.8% | 27 |
2022 | $1,288,880 | 7% | 27 |
2021 | $1,204,500 | 0.1% | 46 |
2020 | $1,203,000 | 26.6% | 28 |
2019 | $950,000 | 3.3% | 37 |
2018 | $920,000 | -12.4% | 39 |
2017 | $1,050,000 | 11.7% | 23 |
2016 | $940,000 | 9% | 31 |
2015 | $862,500 | 21.5% | 44 |
2014 | $710,000 | - | 35 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.14 km | 3 | 130m2 | Year 2024 Month 03 Day 08 | $1,640,000 | Council approved | |||
 | 0.15 km | 2 | 1 | -m2 | Year 2024 Month 03 Day 01 | $630,000 | Council approved | |
 | 0.12 km | 3 | 2 | 131m2 | Year 2024 Month 02 Day 28 | $950,000 | Council approved | |
 | 0.23 km | 2 | 1 | 51m2 | Year 2024 Month 02 Day 12 | $520,000 | Council approved | |
 | 0.19 km | 4 | 163m2 | Year 2024 Month 02 Day 07 | $1,525,000 | Council approved |