Located at 53 Panorama Road, Mount Wellington, Auckland - City, this property presents a unique opportunity for those looking to undertake a major project or for developers and land bankers. The property features 3 bedrooms, with the number of bathrooms not specified, and no car parking spaces. It spans a floor area of 124sqm and sits on a substantial land area of 1014sqm. The property is categorized as Residential - Vacant land multiple housing, with a freehold ownership type. Constructed in 1950, the building has brick walls in average condition and a tile roof in good condition. The property is level, offering a solid foundation for development.
The capital value of the property has seen a significant increase, from $1,025,000 on July 1, 2017, to $1,675,000 on June 1, 2021, marking a 63.41% rise. The latest HouGarden AVM estimates the property's value at $1,078,500. Historical sales data reveals that the property was sold twice on February 28, 1992, for $100,000 and on July 4, 1992, for $113,000. This property is a prime candidate for a major renovation or a complete redevelopment to leverage the large freehold land.
The property is situated within the zone of several schools, including Baradene College (Secondary, Year 7-15, decile 9), Stanhope Road School (Full Primary, decile 4), One Tree Hill College (Secondary, Year 9-15, decile 3), and Bailey Road School (Full Primary, decile 3). This location offers a range of educational options for families.
Updated on March 22, 2024.
Name | Distance | 类型 | Year | 属性 | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Bailey Road School | 0.62 km | Primary | 1-8 | Government | Co-Educational | EQI: 485 | 3 | |
Stanhope Road School | 0.96 km | Primary | 1-8 | Government | Co-Educational | EQI: 426 | 4 | |
One Tree Hill College | 2.08 km | Secondary | 9-15 | Government | Co-Educational | EQI: 474 | 3 | |
Baradene College | 5.04 km | Secondary | 7-15 | Government | Single Sex-Girls | EQI: 372 | 9 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,037,000 | -7.8% | 81 |
2022 | $1,125,000 | -15.6% | 77 |
2021 | $1,332,500 | 37.6% | 146 |
2020 | $968,385 | 16.7% | 134 |
2019 | $830,000 | -4.2% | 81 |
2018 | $866,500 | -1.5% | 108 |
2017 | $880,000 | -9.3% | 108 |
2016 | $970,750 | 23.7% | 90 |
2015 | $785,000 | 24.6% | 103 |
2014 | $630,000 | - | 87 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 2 | 1 | -m2 | 2024年03月05日 | $690,000 | Council approved | |
 | 0.10 km | 5 | 2 | 157m2 | 2024年02月27日 | $900,000 | Council approved | |
0.09 km | 3 | 1 | 66m2 | 2023年12月20日 | $800,000 | Council approved | ||
 | 0.15 km | 2 | 1 | -m2 | 2023年12月06日 | $600,000 | Council approved | |
0.25 km | 3 | 1 | 80m2 | 2023年12月03日 | $795,000 | Council approved |