Introducing a remarkable opportunity at 55 Palm Road, Palm Beach, Auckland - City, this residential dwelling stands as a testament to family dreams and beachside living. Boasting 5 bedrooms, the property spans across a generous floor area of 181 sqm, situated on a substantial land area of 809 sqm. Ownership is freehold, ensuring complete control over this slice of paradise. The house, constructed in 1980, features fibrous cement walls in good condition and an iron roof, also in good condition. The property is level, making it accessible and easy to manage. With no carparks specified, the emphasis is on the breathtaking surroundings and the home's internal spaces.
From a financial perspective, the property has seen a significant increase in capital value, from $2,400,000 in July 2017 to $4,300,000 in June 2021, marking a 79.17% increase. The HouGarden AVM estimates the property's value at $4,230,000. This substantial growth highlights the property's increasing desirability and investment potential. The home's unique position in Palm Beach, known for its white sands and serene waters, adds to its allure, making it a coveted asset.
The property is ideally located within a prestigious school zone, ensuring access to top-tier education. However, specific schools and decile ratings are not provided, indicating a need for potential buyers to conduct further research into local educational facilities. This aspect is crucial for families considering this property as a long-term residence.
Updated on March 22, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $10,500,000 | 296.2% | 1 |
2021 | $2,650,000 | 35.9% | 1 |
2020 | $1,950,000 | 30% | 1 |
2016 | $1,500,000 | -23.3% | 1 |
2015 | $1,955,000 | - | 1 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 2 | 1 | 65m2 | 2024年02月14日 | $1,225,000 | Council approved | |
0.11 km | 2 | 1 | 40m2 | 2024年01月19日 | $1,350,000 | Council approved | ||
0.06 km | 4 | 2 | 152m2 | 2023年11月26日 | $2,200,000 | Council approved | ||
0.18 km | 3 | 114m2 | 2023年11月10日 | $1,470,000 | Council approved | |||
 | 0.21 km | 3 | 1 | 74m2 | 2023年11月08日 | $1,550,000 | Council approved |