Nestled in the serene Ngake Street of Orakei, Auckland, this thoughtfully designed 3-bedroom, 2-carpark residence is a perfect blend of modern functionality and timeless style. Constructed in 1940 with Roughcast walls and a Malthoid roof, both in good condition, this Cross-Lease property offers an expansive floor area of 182 square meters. The property's Capital Value (CV) has seen a remarkable increase from $1,320,000 in 2017 to $1,675,000 as of June 2021, reflecting a growth rate of 26.89%. The HouGarden AVM estimates the property's value at $1,424,500, while the latest sale history includes transactions at $638,000 in 2008 and $363,500 in 1995.
With a property contour that offers an easy to moderate fall, this home not only boasts tranquility but also a stunning view. It is located within the decile 9 Baradene College zone and the decile 4 Orakei School and Selwyn College zones, ensuring top-notch education opportunities. The residence presents an open-plan dining area that leads to two living zones and outdoor entertainment areas, where one can enjoy the ever-changing ocean views or the meticulously maintained gardens.
Here, you're not just buying a home; you're investing in a lifestyle. Steps away from the Eastridge Shopping Centre, Orakei Bay Village, and with easy access to Remuera and the city centre, this property offers urban convenience with a coastal calm that is second to none.
Updated on April 29, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,362,500 | -13.8% | 9 |
2022 | $1,580,000 | -0.3% | 12 |
2021 | $1,584,525 | 5.5% | 13 |
2020 | $1,501,500 | 17.3% | 16 |
2019 | $1,280,000 | -3.4% | 16 |
2018 | $1,325,000 | 1.9% | 13 |
2017 | $1,300,000 | -3% | 9 |
2016 | $1,340,000 | 23.5% | 20 |
2015 | $1,085,000 | 16.4% | 19 |
2014 | $932,500 | - | 18 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 3 | 2 | 143m2 | Year 2024 Month 03 Day 12 | $1,670,000 | Council approved | |
 | 0.11 km | 4 | 2 | 0m2 | Year 2024 Month 03 Day 01 | - | Council approved | |
 | 0.28 km | 5 | 4 | 0m2 | Year 2024 Month 03 Day 01 | $2,625,000 | Council approved | |
 | 0.12 km | 3 | 2 | 138m2 | Year 2024 Month 02 Day 21 | $1,150,000 | Council approved | |
 | 0.07 km | 3 | 1 | 99m2 | Year 2023 Month 12 Day 04 | $1,560,000 | Council approved |