Type and search...
994b Paerata Road, Paerata, Auckland - Franklin, 1 Bedrooms, 1 Bathrooms, House

Sold: $502,000

Sold on 2024 Year 2024 Month 09 Day 24

994b Paerata Road, Paerata, Auckland - Franklin

1
1
62m2
1112m2

Nestled in the tranquility of a quiet cul-de-sac on 994b Paerata Road, Paerata, Auckland - Franklin, this freehold property is a charming residential dwelling built in 1940. It boasts a single bedroom, a bathroom, and a modest floor area of 62 square meters on a sprawling 1112 square meter section. The Aluminium roof and Fibrous Cement walls are in average and poor condition respectively, making it a perfect project for the right buyer. With a capital value of $590,000 as of June 2021, this property has seen a remarkable increase of 47.5% from its $400,000 valuation in July 2017. It is currently valued at $592,500 by HouGarden AVM, indicating a steady growth potential.

For families with school-aged children, the property falls within the zones of Paerata School, a full primary with a decile rating of 1, and Pukekohe High School, a secondary school catering to years 9-15 with a decile rating of 6. This is an ideal opportunity for those looking to invest in a property with excellent educational facilities nearby.

Whether you're seeking a low-maintenance haven to park your Campervan, a first homebuyer eager to climb the property ladder, or an investor looking to land bank, this property offers potential and convenience. It features modern amenities like a dishwasher and a heat pump for comfort throughout the year, and a spacious backyard for outdoor leisure. The property is move-in ready with a well-maintained interior and exterior. Don't miss your chance to own this affordable gem in a sought-after location.

Updated on September 27, 2024

Council Data

Last update : 2025 01 22
Improvement value$290,000Increased by 93% from year 2017
Land value$300,000Increased by 20% from year 2017
CV(Year 2021 Month 06)$590,000Increased by 47% from year 2017
View typeNo appreciable view
ContourLevel
Land area1112m²
Floor area62m²
Decade of construction1940
TitleNA26D/1253
Type of titleFreehold
Legal descriptionLOT 6 DP 41913
CouncilAuckland - Franklin
Estate descriptionFSIM,1/1,LOT 6 DEPOSITED PLAN 41913,1112m2
Council rates$1,795.22
2023/2024
ConditionExternal Walls: Poor
Roof: Average
ZoningResidential - Single House Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Paerata School
2.41 km
Primary
1-8
Government
Co-Educational
EQI: 514
1
Pukekohe High School
4.79 km
Secondary
9-15
Government
Co-Educational
EQI: 462
6

Property history

Need Login
Please login

For developers

Unitary plan:Residential - Single House Zone
Land:1112m²
Title:Freehold

Surrounding facilities

Paerata Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Paerata properties data
Sales count(Last 12 months)
Type: Freehold
Sales median price(Last 12 months)
$502,000
Low: $502,000, High: $502,000
Rent median price(Last 12 months)
-
Paerata property trend
Year
Median price
Growth
Sales count
2024
$502,000
43.1%
1
2020
$350,781
84.6%
3
2017
$190,000
-90.8%
1
2016
$2,060,000
-
1

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
113 Ostrich Farm Road, Pukekohe
1.49 km
3
3
-m2
Year 2024 Month 11 Day 22
-
Council approved
6 Anchor Road, Paerata
1.02 km
6
3
150m2
Year 2024 Month 09 Day 20
$1,300,000
Council approved
994a Paerata Road, Paerata
0.03 km
3
1
109m2
Year 2024 Month 09 Day 05
$1,315,000
Council approved
1026 Paerata Road, Paerata
0.31 km
3
2
-m2
Year 2024 Month 09 Day 04
$810,000
Council approved
1003 Paerata Road, Paerata
0.09 km
3
1
94m2
Year 2024 Month 08 Day 21
-
Council approved

You may like

Last update:-