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2/197 Balmoral Road, Mount Eden, Auckland, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $846,000

Sold on 2024 Year 2024 Month 02 Day 08

2/197 Balmoral Road, Mount Eden, Auckland

2
1
62m2

Located at 2/197 Balmoral Road, Mount Eden, Auckland - City, this charming property features 2 bedrooms, 1 bathroom, and 1 carpark, spread across a floor area of 62 square meters. Built in the 1930s, the home boasts a roughcast wall construction and tile roofing, both in average condition. This residence is a Cross-Lease property, categorized under Residential - Ownership home units, and is situated on a level contour with no specified land area. The high ceilings and generous deck areas facing north and west enhance the living experience, offering ample space for relaxation and outdoor entertainment.

The property has seen a capital value increase of approximately 4.49% from $890,000 in July 2017 to $930,000 in June 2021. The latest HouGarden AVM estimates the property's value at $892,500. Historical sales data reveals a sale for $880,000 on June 8, 2020, and a previous sale at $681,000 on October 14, 2015. This demonstrates a steady appreciation in value, reflecting the property's desirability and the robust Auckland housing market.

Education is a priority for many families, and this property does not disappoint. It is zoned for Balmoral School (Auckland) Zone B (years 7-8) with a decile rating of 9, Auckland Girls' Grammar School (Secondary, Year 9-15) with a decile rating of 3, and Mt Albert Grammar School (Secondary, Year 9-15) with a decile rating of 7. These sought-after school zones ensure access to quality education, making it an ideal choice for families.

Updated on April 05, 2024.

Council Data

Last update : 2024 07 03
Improvement value$430,000Increased by 72% from year 2017
Land value$500,000Reduced by -21% from year 2017
CV(Year 2021 Month 06)$930,000Increased by 4% from year 2017
View typeNo appreciable view
ContourLevel
Floor area62m²
Decade of construction1930
TitleNA53A/1300
Type of titleCross-Lease
Legal descriptionFLAT 3 DP 97476, LOT 3 DP 22377 609M2
CouncilAuckland - City
Estate descriptionFSIM,1/4,LOT 3 DEPOSITED PLAN 22377,609m2
Council rates$2,786.60 2023/2024
ConditionExternal Walls: Average Roof: Average
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Balmoral School (Auckland)
0.21 km
Primary
1-8
Government
Co-Educational
EQI: 371
9
Mt Albert Grammar School
1.85 km
Secondary
9-15
Government
Co-Educational
EQI: 419
7
Auckland Girls' Grammar School
3.36 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3

Property history

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Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:-
Title:Cross-Lease
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Mount Eden properties data
Sales count(Last 12 months)
26View
Type: Cross lease
Sales median price(Last 12 months)
$849,500
Low: $1, High: $1,305,000
Rent median price(Last 12 months)
$635
Low: $198, High: $990
Mount Eden property trend
Year
Median price
Growth
Sales count
2023
$827,500
-8.9%
22
2022
$908,000
-5.6%
23
2021
$961,500
17.9%
37
2020
$815,800
20%
51
2019
$680,000
-6.7%
47
2018
$728,625
0.6%
46
2017
$724,250
-3.4%
28
2016
$749,500
15.7%
46
2015
$648,000
15.7%
67
2014
$560,000
-
54

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4A Eldon Road
0.13 km
3
2
0m2
Year 2024 Month 05 Day 13
$2,170,000
Council approved
9/1 Eldon Road
0.29 km
1
1
39m2
Year 2024 Month 05 Day 09
$369,000
Council approved
2/13 Brixton Road
0.24 km
2
1
-m2
Year 2024 Month 04 Day 17
$1
Council approved
235A-235B Balmoral Road
0.31 km
4
2
163m2
Year 2024 Month 02 Day 20
$1,150,000
Council approved
17 Brixton Road
0.17 km
5
3
0m2
Year 2024 Month 02 Day 12
$2,800,000
Council approved

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