Positioned in the serene environment of 1/7 Haumia Way, a quiet cul-de-sac in Otara, Auckland, this residential dwelling on a cross-lease title presents an attractive opportunity for both first-time buyers and investors. The property, built in 1988 with iron roofing and fibrous cement walls, maintains an average condition both inside and out. It features 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 87 square meters. Notably, the capital value has seen a significant increase from $550,000 in 2017 to $600,000 as of June 2021, reflecting a growth rate of 9.09%. The HouGarden AVM estimates the property's value at $572,500, while the latest sale history shows a progression from $144,000 in 2004 to $365,000 in 2015.
For families with children, the property falls within the zone of Rongomai School, Dawson School, and Tangaroa College, all rated a decile 1. The residence is not only conveniently located near local amenities and Botany Junction but also boasts a sunlit open-plan kitchen, new carpeting, and a fresh coat of paint. The inclusion of a heat pump and a standalone garage adds to the comfort and convenience of this charming home.
With a prime location and a promising CV growth history, this property is not just a house but a gateway to homeownership, offering both value for money and the convenience of being in close proximity to educational institutions.
Updated on April 18, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $505,000 | -13.9% | 1 |
2022 | $586,500 | -12.9% | 2 |
2021 | $673,000 | 24.6% | 4 |
2020 | $540,000 | 16.8% | 13 |
2019 | $462,250 | -11.5% | 4 |
2018 | $522,250 | 5.5% | 6 |
2017 | $495,000 | 7.6% | 15 |
2016 | $460,000 | 18.3% | 19 |
2015 | $389,000 | 29.7% | 13 |
2014 | $300,000 | - | 15 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 3 | 1 | 80m2 | 2024年02月08日 | $550,000 | Council approved | |
 | 0.36 km | 3 | 1 | 110m2 | 2024年01月31日 | $805,000 | Council approved | |
 | 0.32 km | 3 | 110m2 | 2023年12月10日 | $790,000 | Council approved | ||
 | 0.26 km | 5 | 3 | 120m2 | 2023年11月08日 | $2,100,000 | Agent claimed | |
 | 0.10 km | 4 | 1 | 93m2 | 2023年11月08日 | $885,000 | Council approved |