Nestled in the serene locale of 17 Palm Road, Palm Beach, Auckland - City, this charming residential dwelling boasts 2 bedrooms, 1 bathroom, and spans across a floor area of 65 square meters on a generous land area of 819 square meters. The property, constructed in 1960, features fibrous cement walls and an iron roof, both in average condition, and is perched on a steep fall contour. Emphasizing its allure is the freehold ownership type, ensuring buyers have complete control over their investment.
Over the years, the property has seen a significant appreciation in value, with the capital value escalating from $770,000 in July 2017 to $1,060,000 by June 2021, marking a robust growth of approximately 37.66%. This upward trajectory is further evidenced by the latest sale price of $1,225,000 in February 2024, substantially higher than the HouGarden AVM of $1,015,000, showcasing the property's desirability and investment potential.
The property falls within the zone of Waiheke Primary School, a full primary institution with a decile rating of 7, indicating a high level of educational quality. This feature adds to the property's appeal for families seeking a conducive learning environment for their children.
Updated on April 04, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 2 | 2 | -m2 | Year 2024 Month 10 Day 23 | $1,100,000 | Council approved | |
0.22 km | 2 | 1 | 88m2 | Year 2024 Month 10 Day 15 | $875,000 | Council approved | ||
 | 0.12 km | 3 | 1 | 83m2 | Year 2024 Month 10 Day 13 | $1,432,000 | Council approved | |
 | 0.15 km | 3 | 1 | 73m2 | Year 2024 Month 09 Day 21 | $2,405,000 | Council approved | |
0.22 km | 2 | 114m2 | Year 2024 Month 08 Day 10 | $830,000 | Council approved |