Nestled in the prestigious Mount Eden, this 3-bedroom, 2-carpark bungalow on 1 King Edward Street boasts a freehold title and a generous floor area of 123sqm on a levelled 582sqm section. Constructed in 1920 with wood walls and an iron roof, both in average condition, the property exudes vintage charm with modern conveniences like a heat pump. The government's capital value has seen a remarkable increase from $1,750,000 in 2017 to $2,475,000 as of June 2021, reflecting a growth of 41.43%. The HouGarden AVM estimates the property at $1,928,500, while the latest sales were recorded at $975,000 in 2014 and $675,000 in 2008.
For families with school-aged children, the property falls within the zones of highly-rated schools such as Mt Eden Normal School (decile 10), Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), Balmoral School (decile 9), and Auckland Girls' Grammar School (decile 3), ensuring access to quality education.
Set in a quiet cul-de-sac, the north-facing backyard is a private oasis with mature trees, perfect for family gatherings and potential additions like a swimming pool. The versatile studio at the rear provides an ideal work-from-home space or a quiet retreat. With its prime location, this property offers a blend of convenience, lifestyle, and potential, making it an opportunity not to be missed.
Updated on May 09, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Balmoral School (Auckland) | 0.58 km | Primary | 1-8 | Government | Co-Educational | EQI: 371 | 9 | |
Mt Eden Normal School | 0.76 km | Primary | 1-6 | Government | Co-Educational | EQI: 352 | 10 | |
Kowhai Intermediate | 0.87 km | Secondary | 7-8 | Government | Co-Educational | EQI: 406 | 7 | |
Mt Albert Grammar School | 2.16 km | Secondary | 9-15 | Government | Co-Educational | EQI: 419 | 7 | |
Auckland Girls' Grammar School | 2.61 km | Secondary | 9-15 | Government | Single Sex-Girls | EQI: 488 | 3 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,985,000 | -8.5% | 38 |
2022 | $2,170,000 | -3.6% | 41 |
2021 | $2,250,000 | 34.4% | 63 |
2020 | $1,673,500 | 9.7% | 56 |
2019 | $1,525,000 | -6.2% | 69 |
2018 | $1,625,000 | -2.1% | 84 |
2017 | $1,660,000 | 2% | 64 |
2016 | $1,627,500 | 14.4% | 68 |
2015 | $1,422,500 | 21.1% | 98 |
2014 | $1,175,000 | - | 103 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 2 | 1 | 0m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
 | 0.35 km | 3 | 1 | -m2 | Year 2024 Month 03 Day 01 | $2,000,000 | Council approved | |
0.27 km | 2 | 1 | 61m2 | Year 2024 Month 02 Day 08 | $699,000 | Council approved | ||
 | 0.31 km | 4 | 2 | 123m2 | Year 2024 Month 01 Day 31 | $2,050,000 | Council approved | |
 | 0.20 km | 4 | 1 | 149m2 | Year 2023 Month 12 Day 08 | $2,200,000 | Council approved |