Nestled in the highly sought-after locale of Orewa, just a stone's throw from the picturesque Orewa Beach, stands this charming single-level home. Constructed in 1995 with robust brick walls and a tile roof, the property exudes a sense of solid comfort and low maintenance living. It boasts 3 bedrooms, a well-appointed bathroom, and a single carpark, all within a floor area of 130 square meters. The residence, on a cross-lease title, has seen a significant capital value increase of 17.65% from $850,000 in July 2017 to $1,000,000 as of June 2021. The latest valuation from HouGarden AVM estimates the property at $930,000, making it an attractive investment with a history of a sale in 1995 at $215,000.
With a CV growth that outpaces the market average, this property is not just a home but a sound financial decision. The house has been freshly painted, new carpeting laid, and kitchen flooring updated, ready for its new occupants to enjoy the open plan living that seamlessly transitions to a fenced garden – ideal for children and pets. The master bedroom is spaciously designed with direct access to the family bathroom, complemented by an additional double and single bedroom, a separate toilet, and a single internal access garage.
Located in a quiet cul-de-sac on Milton Road, the property is in close proximity to Orewa's best amenities, with an easy walk to the beach and convenient access to cafes, restaurants, and shops. Education is another highlight, with the property being in the zone for both Orewa Beach School, rated a decile 7, and Orewa College, a decile 9 secondary school. This home offers coastal comfort with the convenience of town life.
Updated on May 10, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,005,000 | -0.7% | 16 |
2022 | $1,012,500 | -14.9% | 12 |
2021 | $1,190,000 | 33% | 25 |
2020 | $895,000 | 17.4% | 44 |
2019 | $762,500 | 0.3% | 28 |
2018 | $760,000 | -5.9% | 44 |
2017 | $807,500 | 4.1% | 26 |
2016 | $776,000 | 15.4% | 43 |
2015 | $672,500 | 8.5% | 46 |
2014 | $620,000 | - | 35 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 6 | 3 | -m2 | Year 2024 Month 05 Day 17 | $1,550,000 | Council approved | |
 | 0.17 km | 3 | 2 | -m2 | Year 2024 Month 05 Day 01 | - | Council approved | |
 | 0.31 km | 3 | 2 | -m2 | Year 2024 Month 04 Day 17 | $1,695,000 | Council approved | |
 | 0.16 km | 2 | 1 | 120m2 | Year 2024 Month 02 Day 27 | $809,000 | Council approved | |
 | 0.14 km | 2 | 2 | 119m2 | Year 2024 Month 02 Day 22 | $902,000 | Council approved |