Located at 1/50 Sylvan Avenue, Northcote, Auckland - North Shore, this residential ownership home unit is a gem in the city fringe. It features 2 double bedrooms, 1 family-sized bathroom, and a single garage with an additional 2 off-street car parks. The property spans a floor area of 90m², with a cross-lease ownership type. Built in the 1950s, it boasts roughcast walls and an iron roof, both in average condition, and is situated on an easy/moderate fall contour. The open-plan kitchen, dining, and living areas lead to a seamless indoor/outdoor flow to the deck and lawn, complemented by an extra rumpus room, ideal for an office or games room. Its location offers a 5-minute commute to the CBD, with close proximity to Takapuna, local beaches, Onepoto Domain, Northcote Village, and essential amenities.
Since 2007, the capital value has seen a significant increase from $465,000 to $1,100,000 in 2021, marking an 18.28% growth. The latest HouGarden AVM estimates the property's value at $979,500. This residence has a history of sales, with transactions recorded at $550,000 in 2013 and $465,000 in 2007, reflecting its desirability and investment potential.
The property is zoned for Northcote Intermediate School (decile 6), Northcote School (Auckland) (decile 9), and Northcote College (decile 7), offering quality education options for families. This location is perfect for first home buyers, professionals, or downsizers seeking convenience without the hefty price tag. A truly fantastic opportunity to own a piece of Auckland's North Shore.
Updated on April 04, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $840,000 | -4.5% | 7 |
2022 | $880,000 | -7.4% | 11 |
2021 | $950,000 | 16.4% | 21 |
2020 | $816,250 | 6.7% | 12 |
2019 | $765,000 | 8.9% | 19 |
2018 | $702,200 | 7.2% | 26 |
2017 | $655,000 | -13.2% | 7 |
2016 | $755,000 | 14% | 9 |
2015 | $662,000 | -0.3% | 19 |
2014 | $664,000 | - | 16 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.43 km | 5 | 3 | 0m2 | 2024年03月21日 | $1,788,000 | Council approved | |
 | 0.29 km | 3 | 2 | 130m2 | 2024年03月13日 | $1,430,000 | Council approved | |
 | 0.19 km | 3 | 1 | -m2 | 2024年02月22日 | $2,020,000 | Council approved | |
 | 0.24 km | 3 | 1 | 90m2 | 2024年01月31日 | $942,000 | Council approved | |
 | 0.51 km | 3 | 1 | 80m2 | 2023年12月12日 | $790,000 | Council approved |