Nestled in the tranquility of a quiet cul-de-sac on 26 Fairfax Avenue, Northcote, Auckland, this 1960s-built, freehold property boasts 4 bedrooms, a single carpark, and a floor area of 175sqm on a sprawling 1218sqm section. The residence features mixed-material walls and a fibrous cement roof, both in good condition. Historically, the capital value has seen a rapid increase from $1,275,000 in July 2017 to $1,650,000 as of June 2021, reflecting a growth rate of 29.41%. The HouGarden AVM estimates the property's value at $1,532,500. This is the first time the property has hit the market since its construction, presenting a unique opportunity for investors and homeowners alike to capitalize on its immense potential.
From a valuation perspective, the property's government-assigned capital value has shown a promising upward trend. The recent sale history and the AVM reflect a strong market interest in this serene bush setting. The property's location within the Northcote school zone is another significant highlight. It is served by the Northcote Intermediate School (Decile 6), Northcote School (Decile 9), and Northcote College (Decile 7), ensuring access to quality education for families.
With its serene environment, panoramic city and harbour views, and excellent school network, this property is not just a dwelling but a peaceful retreat that offers both convenience and the promise of future value.
Updated on June 27, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 4 | 2 | 249m2 | Year 2024 Month 12 Day 10 | - | Council approved | |
 | 0.16 km | 4 | 234m2 | Year 2024 Month 12 Day 08 | $2,520,000 | Council approved | ||
 | 0.14 km | 3 | 190m2 | Year 2024 Month 11 Day 12 | $2,075,000 | Council approved | ||
0.12 km | 4 | 198m2 | Year 2024 Month 11 Day 04 | $1,460,000 | Council approved | |||
 | 0.18 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 01 | $980,000 | Council approved |