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131c Penrose Road, Mount Wellington, Auckland, 2 Bedrooms, 1 Bathrooms, House

Sold: $656,000

Sold on 2024 Year 2024 Month 07 Day 02

131c Penrose Road, Mount Wellington, Auckland

2
1
60m2
168m2

Nestled in a serene cul-de-sac on 131c Penrose Road, this 2-bedroom, 1-bathroom residential dwelling is a freehold property that has seen a 20% increase in Capital Value since 2017. Constructed in 2020 with wood walls and an iron roof in good condition, it sits on a levelled 168m2 land area with a floor space of 60m2. The property, valued at $732,000 as per the latest government valuation, also boasts a private westerly garden and is energy-efficient with a heat pump, making it an ideal choice for young couples, downsizers, and investors seeking a prime property in central Auckland. Notably, it is within the catchment area of Baradene College (decile 9) and One Tree Hill College (decile 3), and Bailey Road School (decile 3), ensuring quality education options. The HouGarden AVM estimates the property's worth at $680,000, making it a desirable investment with a recent sales history and convenient access to amenities and transport.

Updated on July 04, 2024

Council Data

Last update : 2025 01 22
Improvement value$282,000Increased by 20% from year 2017
Land value$450,000Increased by 20% from year 2017
CV(Year 2021 Month 06)$732,000Increased by 20% from year 2017
View typeNo appreciable view
ContourLevel
Land area168m²
Floor area60m²
Decade of construction2020
Title926766
Type of titleFreehold
Legal descriptionLOT 103 DP 545571, LOT 3 DP 545571
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 3, 103 DEPOSITED PLAN 545571,169m2
Council rates$2,306.21
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Bailey Road School
0.32 km
Primary
1-8
Government
Co-Educational
EQI: 485
3
One Tree Hill College
1.61 km
Secondary
9-15
Government
Co-Educational
EQI: 474
3
Baradene College
5.16 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:168m²
Title:Freehold

Surrounding facilities

Penrose Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Mount Wellington properties data
Sales count(Last 12 months)
30View
Type: Freehold
Sales median price(Last 12 months)
$765,000
Low: $612,500, High: $2,200,000
Rent median price(Last 12 months)
$600
Low: $450, High: $800
Mount Wellington property trend
Year
Median price
Growth
Sales count
2024
$765,000
-5%
31
2023
$805,000
-38.1%
57
2022
$1,300,000
62.5%
15
2021
$800,000
14%
41
2020
$702,000
-18.5%
24
2019
$861,000
15.5%
12
2018
$745,500
-3.2%
8
2017
$770,000
-5.8%
16
2016
$817,250
18.4%
6
2015
$690,000
1.3%
23
2014
$681,000
-
13

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6/4 Panorama Road, Mount Wellington
0.39 km
2
1
-m2
Year 2024 Month 11 Day 27
$610,000
Council approved
22 Panorama Road, Mount Wellington
0.50 km
3
1
-m2
Year 2024 Month 10 Day 19
$960,000
Council approved
21B Panorama Road, Mount Wellington
0.53 km
3
1
86m2
Year 2024 Month 09 Day 17
-
Council approved
1/128 Penrose Road, Mount Wellington
0.16 km
5
2
0m2
Year 2024 Month 09 Day 01
$880,000
Council approved
28A Leonard Road, Mount Wellington
0.46 km
3
1
125m2
Year 2024 Month 08 Day 30
$905,000
Council approved

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