Nestled in the heart of Onehunga on a serene cul-de-sac, this well-built 2-bedroom, 1-bathroom residence with 2 car parks is a gem for both investors and first-time buyers. Constructed in 1970 with brick walls and tiled roofing, this cross-lease property offers an easy-care lifestyle with an impressive capital value growth of 43.10%. The CV has surged from $580,000 in 2017 to $830,000 as of June 2021. The home boasts a floor area of 62m2, a heat pump for comfort, and is in close proximity to various schools, parks, and shopping malls. The property is tenanted at $500 per week, and its HouGarden AVM is valued at $775,000, with a notable sales history in 2008 and 2012. Zoned for Onehunga Primary, Royal Oak Intermediate, and Onehunga High School, this home is perfect for families seeking top-notch education.
With a property contour that's level and a prime location, it's no surprise that this residence has seen a substantial increase in its government valuation. The latest sale records from 2012 and 2008 reflect a growing investment opportunity in this sought-after area.
For those with a keen eye for education, the property falls within the catchment area of highly regarded schools. Baradene College, a secondary school with a decile rating of 9, is one of the many educational highlights in the vicinity. This, coupled with the convenience of public transport and the tranquility of a quiet street, makes this property an unbeatable choice.
Updated on May 16, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Royal Oak Intermediate School | 0.44 km | Secondary | 7-8 | Government | Co-Educational | EQI: 472 | 2 | |
Onehunga Primary School | 0.65 km | Primary | 1-6 | Government | Co-Educational | EQI: 418 | 4 | |
Onehunga High School | 0.86 km | Secondary | 9-15 | Government | Co-Educational | EQI: 488 | 3 | |
Baradene College | 5.88 km | Secondary | 7-15 | Government | Single Sex-Girls | EQI: 372 | 9 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $740,832 | -8% | 32 |
2022 | $805,000 | -9% | 39 |
2021 | $885,000 | 20.6% | 50 |
2020 | $734,000 | 15.6% | 59 |
2019 | $635,000 | -5.2% | 53 |
2018 | $670,000 | 1.3% | 64 |
2017 | $661,500 | 5.1% | 59 |
2016 | $629,500 | 8.5% | 56 |
2015 | $580,000 | 16% | 92 |
2014 | $500,000 | - | 68 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 2 | 1 | 71m2 | Year 2024 Month 05 Day 05 | $725,000 | Council approved | |
 | 0.04 km | 2 | 1 | -m2 | Year 2024 Month 05 Day 01 | - | Council approved | |
 | 0.13 km | 3 | 2 | 0m2 | Year 2023 Month 12 Day 13 | $1,860,000 | Council approved | |
 | 0.17 km | 2 | 1 | 74m2 | Year 2023 Month 12 Day 12 | $856,000 | Council approved | |
0.13 km | 1 | 1 | 48m2 | Year 2023 Month 12 Day 11 | $460,000 | Council approved |