Welcome to a charming residence nestled in the heart of Paerata Rise, a thriving community. This 3-bedroom, freehold property, built in 2020 with mixed materials and an iron roof, stands on a level contour with a floor area of 116sqm and a land area of 242sqm. The modern home boasts good wall and roof conditions, and it's designed for comfort with a heat pump and an efficient DVS ventilation system. The property features an internal garage and a functional attic for ample storage, while the established fruit trees in the garden offer a natural treat.
Since 2017, the capital value has seen a growth of 21.31%, reaching $740,000 as per the latest government valuation. The HouGarden AVM estimates the property at $720,000, and the latest sale was recorded in 2019 for $266,000. This indicates a promising investment in a rapidly appreciating area.
For families, the property falls within the decile 1 Paerata School and the decile 6 Pukekohe High School zones, ensuring quality education options. This combination of comfort, convenience, and a desirable school network makes this property an attractive prospect for both living and investment.
Updated on August 22, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 3 | 2 | 171m2 | Year 2024 Month 12 Day 03 | $1,055,000 | Council approved | |
 | 0.24 km | 3 | 2 | 140m2 | Year 2024 Month 11 Day 15 | $960,000 | Council approved | |
 | 0.15 km | 3 | 2 | 167m2 | Year 2024 Month 10 Day 17 | $1,100,000 | Council approved | |
 | 0.27 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 13 | $789,000 | Council approved | |
 | 0.16 km | 3 | 182m2 | Year 2024 Month 08 Day 01 | $1,179,000 | Council approved |