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Sold: $5,000,000

Sold on 2024 Year 2024 Month 06 Day 19

23 Davis Crescent, Newmarket, Auckland

548m2
315m2

Nestled in the serene Davis Crescent, this freehold property in Newmarket, Auckland, boasts a land area of 315 square meters and a floor area of 548 square meters. Constructed in 1960 with concrete walls in good condition and an iron roof in average condition, the property offers 8 carparks. The prime location and solid structure make it a valuable investment opportunity.

With a capital value of $3,200,000 as of June 2021, the property has shown a significant increase of 23.08% from its $2,600,000 valuation in July 2017. The HouGarden AVM estimates the property's worth at $2,980,000, while the latest sale history includes a transaction of $5,000,000 in June 2024 and $700,000 in September 1997.

For families, the property falls within the catchment area of several top-rated schools. Auckland Grammar, a secondary school with a decile rating of 9, is nearby. Newmarket School, an contributing primary school with a decile rating of 7, and Auckland Normal Intermediate and Epsom Girls' Grammar School, both secondary schools with a decile rating of 9, are also in close proximity.

Updated on July 03, 2024

Council Data

Last update : 2025 01 29
Improvement value$600,000Reduced by -20% from year 2017
Land value$2,600,000Increased by 40% from year 2017
CV(Year 2021 Month 06)$3,200,000Increased by 23% from year 2017
Land area315m²
Floor area548m²
Decade of construction1960
TitleNA1841/96
Type of titleFreehold
Legal descriptionPT LOT 1 DP 47206, PT LOT 3 DP 47054 315M2
CouncilAuckland - City
Estate descriptionFSIM,1/1,PART LOT 3 DEPOSITED PLAN 47054 AND PART LOT 1 DEPOSITED PLAN 47206,316m2
Council rates$18,265.06
2023/2024
ConditionExternal Walls: Good
Roof: Average
ZoningBusiness - Metropolitan Centre Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Newmarket School
0.61 km
Primary
1-6
Government
Co-Educational
EQI: 381
7
Auckland Grammar School
0.87 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Epsom Girls Grammar School
1.24 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Normal Intermediate
2.42 km
Secondary
7-8
Government
Co-Educational
EQI: 374
9

Property history

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For developers

Unitary plan:Business - Metropolitan Centre Zone
Land:315m²
Title:Freehold

Surrounding facilities

Davis Crescent Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3A/19 George Street, Newmarket
0.10 km
2
2
125m2
Year 2025 Month 01 Day 20
-
Council approved
0.12 km
3
110m2
Year 2024 Month 12 Day 04
$1,450,000
Council approved
40/8 Clayton Street, Newmarket
0.06 km
1
1
36m2
Year 2024 Month 09 Day 18
$385,000
Council approved
40/8 Clayton Street, Newmarket
0.06 km
1
1
36m2
Year 2024 Month 09 Day 18
-
Council approved
17/8 Clayton Street, Newmarket
0.06 km
1
1
36m2
Year 2024 Month 08 Day 11
$370,000
Council approved

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