Sold: $1,450,000

Sold on 2024 Year 2024 Month 12 Day 04

5b/23 George Street, Newmarket, Auckland

110m²

Council Data

Last update : 2025 02 12

Improvement value$1,155,000Reduced by -5% from year 2017

Land value$570,000Increased by 14% from year 2017

CV(Year 2021 Month 06)$1,725,000Reduced by 0% from year 2017

DeckYes

View typeNo appreciable view

ContourLevel

Floor area110m²

Decade of construction1998

TitleNA121C/69

Type of titleUnit Title

Legal descriptionAU 16 UP 187528, AU 4 UP 187528, UNIT 5B UP 187528

CouncilAuckland - City

Estate descriptionSTFH,1/1,UNIT 5B AND ACCESSORY UNIT 4 AND 16 DEPOSITED PLAN 187528

Council rates$3,906.39
2023/2024

ConditionExternal Walls: Good
Roof: Good

ZoningBusiness - Mixed Use Zone

Similar Properties

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Newmarket School	0.80 km	Primary	1-6	Government	Co-Educational	EQI: 381	7	Detail
Auckland Grammar School	0.93 km	Secondary	9-15	Government	Single Sex-Boys	EQI: 385	9	Detail
Parnell School	1.37 km	Primary	1-8	Government	Co-Educational	EQI: 388	9	Detail
Epsom Girls Grammar School	1.48 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 397	9	Detail

Property history

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For developers

Unitary plan:Business - Mixed Use Zone

Land:-

Title:Unit Title

Surrounding facilities

George Street Neighborhood and Surrounding Data
George Street neighborhood is a sub-region located within Newmarket city

Suburbs

Data analysis - Newmarket properties data

Sales count(Last 12 months)

10View

Type: Unit

Sales median price(Last 12 months)

$1,124,000

Low: $790,000, High: $2,575,000

Rent median price(Last 12 months)

$812

Low: $275, High: $1,200

Newmarket property trend

Year	Median price	Growth	Sales count
2024	$1,150,000	-44.7%	11
2023	$2,079,000	98.4%	5
2022	$1,048,000	13.6%	9
2021	$922,500	-9.6%	12
2020	$1,020,000	-4.8%	17
2019	$1,071,500	6.6%	10
2018	$1,005,000	-3.7%	26
2017	$1,043,400	5.4%	18
2016	$990,000	13.3%	15
2015	$874,000	31.4%	12
2014	$665,000	-	26

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
3A/19 George Street, Newmarket	0.04 km	2	2	125m²	Year 2025 Month 01 Day 20	-	Council approved
3a/19 George Street, Newmarket	0.04 km	2	2	121m²	Year 2025 Month 01 Day 13	$1,950,000	Council approved
5B/23 George Street, Newmarket	0.00 km	3	2	110m²	Year 2024 Month 12 Day 04	$1,450,000	Council approved
40/8 Clayton Street, Newmarket	0.15 km	1	1	36m²	Year 2024 Month 09 Day 18	$385,000	Council approved
40/8 Clayton Street, Newmarket	0.15 km	1	1	36m²	Year 2024 Month 09 Day 18	-	Council approved