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Sold: $284,888

Sold on 2024 Year 2024 Month 10 Day 24

D304/176 Broadway, Newmarket, Auckland

1
1
38m2

Nestled in the vibrant heart of Newmarket, Auckland, this residential apartment at D304/176 Broadway is a Unit Title property that has seen a consistent capital value growth. Constructed in 2003 with a mix of materials for the walls and iron for the roof, this 38sqm apartment boasts 1 bedroom and 1 bathroom. The property presents a good wall and roof condition, and is situated on a level contour. It's a perfect blend of modern living in a prime location.

Since 2017, the capital value has increased from $410,000 to $430,000 as of June 2021, indicating a growth rate of 4.88%. The HouGarden AVM estimates the property's value at $392,500, while the latest sale on October 24, 2024, was at $284,888, creating an interesting investment opportunity in this sought-after area.

For families with school-going children, the property falls within the zones of Auckland Grammar (Secondary, Decile 9), Newmarket School (Contributing, Decile 7), Auckland Normal Intermediate (Intermediate, Decile 9), and Epsom Girls' Grammar School (Secondary, Decile 9), ensuring access to some of the best educational institutions in the city.

Updated on December 04, 2024

Council Data

Last update : 2024 12 11
Improvement value$285,000Increased by 1% from year 2017
Land value$145,000Increased by 11% from year 2017
CV(Year 2021 Month 06)$430,000Increased by 4% from year 2017
View typeNo appreciable view
ContourLevel
Floor area38m²
Decade of construction2003
Title340192
Type of titleUnit Title
Legal descriptionUNIT Q3D04 UP 384983
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT Q3D04 DEPOSITED PLAN 384983
Council rates$1,737.69
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)
11View
Type: Unit
Sales median price(Last 12 months)
$395,000
Low: $225,000, High: $595,000
Rent median price(Last 12 months)
$475
Low: $355, High: $720
Newmarket property trend
Year
Median price
Growth
Sales count
2024
$395,000
-17.4%
11
2023
$478,000
16.3%
8
2022
$411,000
-19.6%
6
2021
$511,500
11.2%
12
2020
$460,000
-
11
2019
$460,000
-2.1%
9
2018
$470,000
55.4%
16
2017
$302,500
-32.8%
6
2016
$450,000
45.2%
7
2015
$310,000
11.7%
17
2014
$277,500
-
6

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
A611/176 Broadway, Newmarket
0.07 km
2
2
0m2
Year 2024 Month 11 Day 05
$520,000
Council approved
B618/176 Broadway, Newmarket
0.08 km
2
2
63m2
Year 2024 Month 10 Day 01
-
Council approved
0.08 km
2
2
63m2
Year 2024 Month 09 Day 04
$520,000
Council approved
2D/36 James Cook Crescent, Remuera
0.08 km
2
1
76m2
Year 2024 Month 08 Day 06
-
Council approved
2d/36 James Cook Crescent, Remuera
0.15 km
2
1
76m2
Year 2024 Month 07 Day 23
$1,049,000
Council approved

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