Nestled in the serene Orewa suburb, on Auckland's picturesque Hibiscus Coast, sits this charming two-bedroom, one-bathroom residence with a single carpark. Constructed in 1987 with fibrous cement walls and an iron roof, this cross-lease property exudes a cozy, well-maintained ambiance. The capital value has seen a significant increase from $650,000 in 2017 to $860,000 as of June 2021, reflecting a growth rate of 32.31%. The property's latest sale history includes transactions in 1996 and 1990, with the HouGarden AVM currently valuing the property at $800,000. The home is located in a prime school zone, with Orewa Beach School rated a decile 7 and Orewa College, a decile 9 secondary school, both within easy reach.
Boasting a level contour and a generous floor area of 65 square meters, this residence is perfect for first-time buyers, retirees, or investors. The solid structure and flat site make it a stand-out in the neighborhood, while the proximity to the beach, local amenities, and excellent schools ensures a promising investment with potential for future capital gains and attractive rental returns. The property also features a spacious, standalone garage, ideal for storage or workshop purposes.
Part of a deceased estate, this property presents a unique opportunity to own a piece of Kiwi history in a sought-after location. It's a home that's ready to embrace a new chapter, just waiting for the right owner to add their personal touch and enjoy the rewards of a prime property in a thriving community.
Updated on May 14, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $880,500 | -7.3% | 28 |
2022 | $950,000 | 4.3% | 23 |
2021 | $911,000 | 20% | 35 |
2020 | $759,000 | 7.7% | 32 |
2019 | $705,000 | 2.2% | 39 |
2018 | $690,000 | -3.5% | 55 |
2017 | $715,000 | 3.2% | 35 |
2016 | $692,500 | 15.4% | 42 |
2015 | $600,000 | 19.4% | 28 |
2014 | $502,500 | - | 39 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 2 | 1 | 100m2 | Year 2024 Month 04 Day 22 | $765,000 | Council approved | |
0.18 km | 2 | 1 | 89m2 | Year 2024 Month 04 Day 02 | $768,000 | Council approved | ||
 | 0.27 km | 2 | 1 | -m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
 | 0.11 km | 3 | 2 | 138m2 | Year 2024 Month 02 Day 27 | $1,179,000 | Council approved | |
 | 0.13 km | 3 | 1 | 127m2 | Year 2024 Month 02 Day 16 | $1,050,000 | Council approved |