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Sold: $225,000

Sold on 2024 Year 2024 Month 04 Day 04

D502/176 Broadway, Newmarket, Auckland

1
1
38m2

Nestled in the vibrant heart of Newmarket, Auckland, this residential apartment at D502/176 Broadway boasts a smart layout with 1 bedroom, 1 bathroom, and a single carpark. Constructed in 2005 with a mix of materials for the walls and iron for the roof, this unit presents a well-maintained condition. The property sits on a level contour and features a floor area of 38 square meters. It is governed by a Unit Title, ensuring a clear and secure ownership structure.

Since 2017, the Capital Value (CV) has shown a growth of 4.17%, reaching $500,000 as of June 2021. The HouGarden AVM estimates the property's worth at $480,000, while the latest sale records from 2024 and 2012 indicate a dynamic market with sales prices of $225,000 and $320,000 respectively.

For families with educational considerations, this 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 area.

Updated on May 02, 2024

Council Data

Last update : 2024 12 11
Improvement value$345,000Increased by 1% from year 2017
Land value$155,000Increased by 10% from year 2017
CV(Year 2021 Month 06)$500,000Increased by 4% from year 2017
View typeNo appreciable view
ContourLevel
Floor area38m²
Decade of construction2005
Title352520
Type of titleUnit Title
Legal descriptionAU 4L2 UP 384983, UNIT Q5D02 UP 384983
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT Q5D02 AND ACCESSORY UNIT 4L2 DEPOSITED PLAN 384983
Council rates$1,869.48
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
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
0.08 km
2
2
0m2
Year 2024 Month 11 Day 05
$520,000
Council approved
0.08 km
1
1
38m2
Year 2024 Month 10 Day 24
$284,888
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
0.12 km
2
1
76m2
Year 2024 Month 08 Day 06
-
Council approved

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