Nestled in the tranquility of a quiet cul-de-sac at 4/112 Gossamer Drive, Pakuranga Heights, Auckland, this residential unit boasts a generous floor area of 60 square meters. Constructed in 1975 with brick walls and tiled roofing, this 2-bedroom, 1-bathroom unit with a single car park is an ownership home unit on a cross-lease title. The property has undergone a full renovation, ready to embrace its new occupants with an abundance of natural light and privacy. Notably, the capital value has surged by 30%, from $600,000 in 2017 to the current $780,000 as of June 2021, reflecting a significant investment potential. The HouGarden AVM estimates the property at $725,000, while the latest sale history shows a dramatic increase from $95,000 in 1987 to $321,000 in 2011.
With a vast backyard and an enclosed sunroom, this home is perfect for a smaller family, first-time buyers, or investors. The property is situated in a prime location, close to Botany Town Centre and major transport routes, including public transport. It is also within the zones of Riverhills School, Pakuranga Intermediate, and Edgewater College, with the highly regarded Sancta Maria College being a secondary school of decile 7, ensuring quality education for the family.
Boasting an easy/moderate rise contour and average wall and roof conditions, this unit is not just a home but a sound investment opportunity. Whether it's entertaining on the covered deck, gardening in the fenced yard, or enjoying the convenience of the nearby town centres, this property promises a comfortable and convenient lifestyle.
Updated on June 04, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Riverhills School | 0.28 km | Primary | 1-6 | Government | Co-Educational | EQI: 493 | 4 | |
Pakuranga Intermediate | 1.17 km | Secondary | 7-8 | Government | Co-Educational | EQI: 491 | 3 | |
Edgewater College | 1.37 km | Secondary | 9-15 | Government | Co-Educational | EQI: 499 | 2 | |
Sancta Maria College | 4.71 km | Secondary | 7-15 | Government | Co-Educational | EQI: 390 | 7 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $799,000 | 2% | 3 |
2022 | $783,500 | -9.1% | 6 |
2021 | $861,750 | 23.6% | 18 |
2020 | $697,315 | 12.8% | 10 |
2019 | $618,000 | -8% | 9 |
2018 | $672,000 | -6.7% | 13 |
2017 | $720,000 | 7.5% | 11 |
2016 | $670,000 | 16.5% | 10 |
2015 | $575,000 | 54.8% | 22 |
2014 | $371,500 | - | 7 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 3 | 1 | 140m2 | Year 2024 Month 04 Day 18 | $1,030,000 | Council approved | |
 | 0.22 km | 3 | 2 | 131m2 | Year 2024 Month 04 Day 16 | $870,000 | Council approved | |
 | 0.23 km | 3 | 2 | -m2 | Year 2024 Month 02 Day 23 | $940,000 | Council approved | |
 | 0.28 km | 3 | 2 | 0m2 | Year 2024 Month 02 Day 13 | $1,280,000 | Council approved | |
 | 0.09 km | 3 | 1 | 0m2 | Year 2024 Month 02 Day 01 | $1,160,000 | Council approved |