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5/1 Norrie Avenue, Mount Albert, Auckland, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $668,000

Sold on 2024 Year 2024 Month 07 Day 13

5/1 Norrie Avenue, Mount Albert, Auckland

2
1
59m2

Nestled at 5/1 Norrie Avenue, Mount Albert, Auckland, this residential unit boasts a convenient and sought-after location. The 1975-built property features 2 bedrooms, 1 bathroom, and a single carpark, all set on a level contour with concrete walls and tiled roofing. It's a unit title with a floor area of 59 square meters, offering a modern twist with polished concrete floors. The capital value has seen a significant increase of 24.14% from $580,000 in 2017 to $720,000 as of June 2021. The latest sale records show transactions at $668,000 in 2024 and $540,000 in 2019, while the HouGarden AVM estimates the property at $700,000.

With a government valuation on the rise and a recent renovation that includes an upgraded kitchen and a bathroom with industrial accents, this property is ideal for first-time buyers, downsizers, students, or as a sound investment. The added perk of being a ground-floor unit with no stairs and a serene view of the green courtyard makes it even more appealing. It's within a short 300m walk to Baldwin Ave train station, and the school zones include the high-decile Gladstone School, Kowhai Intermediate, and Mt Albert Grammar School, ensuring quality education options.

Embrace the New York Style Living in this unit, which combines the ease of access to amenities like Owairaka Mountain, St Lukes Mall, and Mt Albert Shops with the advantage of being in close proximity to motorways and additional educational institutions like Unitec and AIS international school. This unit offers exceptional value and an opportunity not to be missed.

Updated on August 21, 2024

Council Data

Last update : 2024 12 11
Improvement value$250,000Increased by 19% from year 2017
Land value$470,000Increased by 27% from year 2017
CV(Year 2021 Month 06)$720,000Increased by 24% from year 2017
View typeNo appreciable view
ContourLevel
Floor area59m²
Decade of construction1975
TitleNA33C/422
Type of titleUnit Title
Legal descriptionUNIT E UP 77133
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT E AND ACCESSORY UNIT 9-10 AND 16 DEPOSITED PLAN 77133
Council rates$2,277.18
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Gladstone School (Auckland)
0.90 km
Primary
1-6
Government
Co-Educational
EQI: 372
9
Mt Albert Grammar School
0.91 km
Secondary
9-15
Government
Co-Educational
EQI: 419
7
Kowhai Intermediate
2.44 km
Secondary
7-8
Government
Co-Educational
EQI: 406
7

Property history

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Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Unit Title

Surrounding facilities

Norrie Avenue Neighborhood and Surrounding Data

Suburbs

Data analysis - Mount Albert properties data
Mount Albert property trend
Year
Median price
Growth
Sales count
2024
$669,000
11.5%
27
2023
$600,000
-15.4%
27
2022
$709,000
-40.2%
26
2021
$1,185,000
79.1%
109
2020
$661,500
11.4%
28
2019
$593,826
-4.2%
46
2018
$620,000
3.3%
54
2017
$600,000
12.1%
26
2016
$535,000
9.3%
31
2015
$489,500
30.5%
44
2014
$375,000
-
35

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5 Linwood Avenue, Mount Albert
0.12 km
4
2
140m2
Year 2024 Month 11 Day 29
-
Council approved
8 Baldwin Avenue, Mount Albert
0.17 km
5
3
190m2
Year 2024 Month 11 Day 27
-
Council approved
27 Wairere Avenue, Mount Albert
0.15 km
4
2
184m2
Year 2024 Month 09 Day 25
-
Council approved
9 Norrie Avenue, Mount Albert
0.10 km
4
1
0m2
Year 2024 Month 09 Day 01
$1,918,260
Council approved
4 Norrie Avenue, Mount Albert
0.07 km
2
1
70m2
Year 2024 Month 08 Day 28
-
Council approved

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