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4/40 Mount Smart Road, Onehunga, Auckland, 1 Bedrooms, 1 Bathrooms, Unit

Sold: $489,600

Sold on 2024 Year 2024 Month 09 Day 26

4/40 Mount Smart Road, Onehunga, Auckland

1
1
45m2

Welcome to this meticulously maintained one-bedroom residence at 4/40 Mount Smart Road, a prime location in Onehunga, Auckland. This residential ownership home unit, built in 1960, boasts an iron roof and concrete walls in average condition. The property is set on a level contour and features an open-plan design that unites the kitchen, dining, and living areas, creating a sense of spaciousness and warmth. Natural light bathes the interior, complemented by easy access to a covered outdoor area for relaxation or entertainment. It includes a single car park and offers the convenience of a cross-lease title. This property is ideal for first-time buyers, downsizers, or investors seeking quality and value in a desirable area.

Notably, the capital value has seen a growth of 21.57% from $510,000 in July 2017 to $620,000 as of June 2021. The HouGarden AVM estimates the property's value at $622,500, while the latest sale history shows an increase from $330,000 in January 2016 to $486,250 in July 2020. This trend highlights the investment potential of this property.

For families with children, the property falls within the zones of several well-regarded schools. Baradene College, a secondary school with a decile rating of 9, is in close proximity. Other schools include Royal Oak School (decile 8), Royal Oak Intermediate School (decile 2), Onehunga High School (decile 3), and Onehunga Primary School (decile 4), offering a range of educational options for all ages.

Updated on September 30, 2024

Council Data

Last update : 2025 02 12
Improvement value$70,000Reduced by -33% from year 2017
Land value$550,000Increased by 35% from year 2017
CV(Year 2021 Month 06)$620,000Increased by 21% from year 2017
View typeNo appreciable view
ContourLevel
Floor area45m²
Decade of construction1960
TitleNA38B/889
Type of titleCross-Lease
Legal descriptionFLAT 5 DP 81626, GARAGE 1 DP 81626, LOT 9 DP 78372
CouncilAuckland - City
Estate descriptionFSIM,1/6,LOT 9 DEPOSITED PLAN 78372,1420m2
Council rates$2,095.37
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Terrace Housing and Apartment Building Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Royal Oak Intermediate School
0.62 km
Secondary
7-8
Government
Co-Educational
EQI: 472
2
Royal Oak School
0.71 km
Primary
1-6
Government
Co-Educational
EQI: 378
8
Onehunga Primary School
0.92 km
Primary
1-6
Government
Co-Educational
EQI: 418
4
Onehunga High School
1.12 km
Secondary
9-15
Government
Co-Educational
EQI: 488
3
Baradene College
5.54 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:-
Title:Cross-Lease

Mount Smart Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Onehunga properties data
Onehunga property trend
Year
Median price
Growth
Sales count
2024
$474,800
3.2%
4
2023
$460,000
-4.2%
1
2022
$480,000
-23.2%
3
2021
$625,000
28.5%
5
2020
$486,250
9.3%
5
2019
$445,000
1.1%
6
2018
$440,000
1.1%
1
2017
$435,000
-10.7%
3
2016
$487,000
2.4%
5
2015
$475,500
72.3%
6
2014
$276,000
-
2

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/27 Inkerman Street, Onehunga
0.16 km
2
1
-m2
Year 2024 Month 11 Day 01
$721,000
Council approved
0.08 km
4
137m2
Year 2024 Month 10 Day 02
$1,348,000
Council approved
2/35 Inkerman Street, Onehunga
0.10 km
2
1
-m2
Year 2024 Month 10 Day 01
$795,000
Council approved
9d Clarke Road, Onehunga
0.16 km
4
3
208m2
Year 2024 Month 10 Day 01
$1,675,000
Council approved
2/38 Inkerman Street, Onehunga
0.10 km
3
1
102m2
Year 2024 Month 08 Day 22
-
Council approved

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