Located at 392a Hibiscus Coast Highway, Orewa, Auckland - Rodney, this modern residence is a testament to contemporary living with its 3 bedrooms, Unit Title ownership, and a floor area of 104m². Constructed in 2021 with mixed materials for walls and an iron roof, both in good condition, this property stands on a level contour, offering a blend of durability and aesthetic appeal. The property falls under the Residential - Ownership home units category, featuring 2 dedicated car parks and is uniquely positioned as a corner lot within a gated complex, enhancing both privacy and outdoor space availability.
The property has seen a significant capital value increase from $870,000 in July 2017 to $1,125,000 in June 2021, marking a 29.31% growth. The latest sale recorded on January 21, 2024, was at $1,083,000, slightly below the HouGarden AVM of $1,077,500, indicating a strong market presence. This residence not only promises a lucrative investment opportunity with Airbnb and rental options but also comes with the assurance of a building warranty, covering the best part of 10 years.
Education is well catered for with Orewa Beach School (Contributing, decile 7) and Orewa College (Secondary (Year 7-15), decile 9) within the vicinity, ensuring quality learning environments for residents. The property's location directly across the beach and a mere 5-minute stroll from Orewa town offers an affordable beach lifestyle, making it an ideal choice for families and investors alike.
Updated on April 06, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $980,000 | -24.2% | 13 |
2022 | $1,292,500 | 0.8% | 16 |
2021 | $1,282,500 | 39.4% | 34 |
2020 | $920,000 | 25.2% | 37 |
2019 | $735,000 | -8% | 25 |
2018 | $799,000 | -19.1% | 29 |
2017 | $987,500 | 34.4% | 24 |
2016 | $735,000 | 5.8% | 28 |
2015 | $695,000 | 9.4% | 43 |
2014 | $635,000 | - | 27 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 3 | 2 | 140m2 | 2024年03月27日 | $1,207,000 | Council approved | |
 | 0.21 km | 2 | 1 | -m2 | 2024年02月01日 | $967,000 | Council approved | |
0.12 km | 1 | 1 | 51m2 | 2023年12月20日 | $615,000 | Council approved | ||
 | 0.06 km | 3 | 3 | 166m2 | 2023年12月18日 | $965,000 | Council approved | |
 | 0.18 km | 3 | 2 | -m2 | 2023年12月05日 | $1,300,000 | Council approved |