Sold: $815,000

Sold on 2024 Year 2024 Month 10 Day 13

2/1 Waters Place, New Lynn, Auckland - Waitakere

119m²

68m²

Nestled in a serene cul-de-sac at 2/1 Waters Place, New Lynn, Auckland, this freehold property is a charming residential unit. It boasts 3 bedrooms, a single carpark, and a floor area of 119 square meters on a level plot of 68 square meters. Constructed with wood exterior walls and an iron roof, the building is in a good condition, both in walls and roof, and was built in 2024. This property presents an ideal opportunity for ownership in a tranquil setting.

As per the latest valuations, the capital value has shown a promising increase, with a CV of $705,000 as of June 2021. The HouGarden AVM estimates the property's worth at $645,000, while the latest sale on October 13, 2024, fetched an impressive $815,000, indicating a significant growth in the property's market value.

For families with children, the property falls within a desirable school zone. With a decile rating that reflects a high standard of education, the nearby schools are sure to provide an excellent learning environment for the young ones.

Updated on December 04, 2024

Council Data

Last update : 2025 01 22

Improvement value$360,000

Land value$345,000

CV(Year 2021 Month 06)$705,000

DeckYes

View typeNo appreciable view

ContourLevel

Land area68m²

Floor area119m²

Decade of construction2024

Title1177844

Type of titleFreehold

Legal descriptionLOT 2 DP 602841 1/9 SH LOT 10 DP 602841

CouncilAuckland - Waitakere

Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 602841,68m2

ConstructionExternal Walls: Wood
Roof: Iron

ConditionExternal Walls: Good
Roof: Good

ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Kelston Girls' College	0.63 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 509	2	Detail
Kelston School	0.79 km	Primary	1-6	Government	Co-Educational	EQI: 486	3	Detail
Fruitvale Road School	0.84 km	Primary	1-6	Government	Co-Educational	EQI: 453	4	Detail
New Lynn School	1.07 km	Primary	1-6	Government	Co-Educational	EQI: 455	4	Detail
Kelston Boys' High School	1.19 km	Secondary	9-15	Government	Single Sex-Boys	EQI: 507	3	Detail
St Leonards Road School	1.34 km	Primary	1-6	Government	Co-Educational	EQI: 483	3	Detail
Kelston Intermediate	1.41 km	Secondary	7-8	Government	Co-Educational	EQI: 507	2	Detail
Arahoe School	1.58 km	Primary	1-6	Government	Co-Educational	EQI: 392	5	Detail
Glen Eden School	1.71 km	Primary	1-6	Government	Co-Educational	EQI: 469	3	Detail
St Mary's Catholic School (Avondale)	2.11 km	Primary	1-8	Government	Co-Educational	EQI: 454	3	Detail

Property history

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Unitary plan:Residential - Terrace Housing and Apartment Building Zone

Land:68m²

Title:Freehold

Surrounding facilities

Suburbs

Data analysis - New Lynn properties data

Sales count(Last 12 months)

74View

Type: Freehold

Sales median price(Last 12 months)

$910,000

Low: $485,000, High: $1,840,000

Rent median price(Last 12 months)

$660

Low: $170, High: $1,000

New Lynn property trend

Year	Median price	Growth	Sales count
2024	$910,000	-3.2%	75
2023	$940,000	-14.8%	51
2022	$1,103,000	-8.1%	51
2021	$1,200,000	31.7%	101
2020	$911,000	18.6%	130
2019	$768,000	-7.5%	80
2018	$830,416	1.3%	102
2017	$820,000	-3.5%	80
2016	$850,000	12.6%	94
2015	$755,000	21%	107
2014	$624,000	-	88

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
3181 Great North Road, New Lynn	0.17 km	2	2	120m²	Year 2024 Month 11 Day 28	-	Council approved
3179 Great North Road, New Lynn	0.13 km	5	2	-m²	Year 2024 Month 11 Day 01	$1,210,000	Council approved
Lot 1/1 Waters Place, New Lynn	0.01 km	3	2	124m²	Year 2024 Month 10 Day 23	-	Council approved
1/1 Waters Place, New Lynn	0.00 km	3		119m²	Year 2024 Month 09 Day 09	$829,000	Council approved
9/1 Waters Place, New Lynn	0.01 km	2	1	-m²	Year 2024 Month 08 Day 16	-	Council approved