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Sold: $520,000

Sold on 2024 Year 2024 Month 09 Day 04

B618/176 Broadway, Newmarket, Auckland

2
2
63m2

Nestled in the heart of Newmarket, Auckland, this residential apartment at B618/176 Broadway boasts a modern design with 2 bedrooms, 2 bathrooms, and a single carpark. Constructed in 2005, the property features mixed materials for the walls and an iron roof, both in good condition. It sits on a level contour and holds a Unit Title. The floor area spans a comfortable 63 square meters, making it an ideal space for contemporary living.

Since 2017, the Capital Value (CV) has seen a growth of 4.48%, reaching $700,000 as of June 2021. The HouGarden AVM estimates the property's value at the same amount, while the latest sale history shows transactions at $520,000 in 2024 and $530,000 in 2014, indicating a stable investment opportunity in this quiet cul-de-sac.

For families with children, the property falls within the zone of several high-ranking schools. Auckland Grammar, a secondary school with a decile rating of 9, is in close proximity. Additionally, Newmarket School, Auckland Normal Intermediate, and Epsom Girls' Grammar School, all with impressive decile ratings, offer a comprehensive education for students of different ages.

Updated on October 23, 2024

Council Data

Last update : 2024 12 11
Improvement value$455,000Increased by 2% from year 2017
Land value$245,000Increased by 8% from year 2017
CV(Year 2021 Month 06)$700,000Increased by 4% from year 2017
View typeNo appreciable view
ContourLevel
Floor area63m²
Decade of construction2005
Title340461
Type of titleUnit Title
Legal descriptionAU 215L2 UP 384983, UNIT Q6B18 UP 384983
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT Q6B18 AND ACCESSORY UNIT 215L2 DEPOSITED PLAN 384983
Council rates$2,245.96
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Metropolitan Centre Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Newmarket School
0.44 km
Primary
1-6
Government
Co-Educational
EQI: 381
7
Auckland Grammar School
0.85 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Epsom Girls Grammar School
0.98 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Normal Intermediate
2.21 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:-
Title:Unit Title

Surrounding facilities

Broadway Neighborhood and Surrounding Data

Suburbs

Data analysis - Newmarket properties data
Sales count(Last 12 months)
5View
Type: Unit
Sales median price(Last 12 months)
$568,000
Low: $520,000, High: $631,500
Rent median price(Last 12 months)
$635
Low: $560, High: $1,100
Newmarket property trend
Year
Median price
Growth
Sales count
2024
$568,000
-10.7%
5
2023
$636,000
-12.6%
6
2022
$728,000
-0.3%
7
2021
$730,000
0.7%
23
2020
$725,000
6.1%
21
2019
$683,500
1.7%
16
2018
$672,000
-4%
33
2017
$700,000
-1.4%
21
2016
$710,000
10.3%
20
2015
$643,500
23%
29
2014
$523,000
-
22

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
A611/176 Broadway, Newmarket
0.21 km
2
2
0m2
Year 2024 Month 11 Day 05
$520,000
Council approved
0.20 km
1
1
38m2
Year 2024 Month 10 Day 24
$284,888
Council approved
B618/176 Broadway, Newmarket
0.20 km
2
2
63m2
Year 2024 Month 10 Day 01
-
Council approved
2D/36 James Cook Crescent, Remuera
0.31 km
2
1
76m2
Year 2024 Month 08 Day 06
-
Council approved
2d/36 James Cook Crescent, Remuera
0.16 km
2
1
76m2
Year 2024 Month 07 Day 23
$1,049,000
Council approved

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