Sold: $875,000

Sold on 2024 Year 2024 Month 10 Day 15

L/4 Bay Road, Palm Beach, Auckland

88m²

Nestled in the serene Palm Beach, Auckland, this residential unit at L/4 Bay Road boasts a comfortable floor area of 88 square meters. It is a 2-bedroom, 1-bathroom home with an ownership type of Unit Title. Constructed in 1999, the property features wood exterior walls and an iron roof, both in average condition. The capital value has seen a substantial increase from $440,000 in July 2017 to $670,000 as of June 2021, reflecting a growth rate of 52.27%. The property is situated on a level contour and is in close proximity to the Waiheke Primary School, a full primary with a decile rating of 7. The latest sale record shows an transaction at $875,000 on October 15, 2024, a significant jump from the previous sale of $196,000 in July 1999. HouGarden AVM estimates the property's value at $665,000.

Updated on November 13, 2024

Council Data

Last update : 2024 12 11

Improvement value$410,000Increased by 127% from year 2017

Land value$260,000Reduced by 0% from year 2017

CV(Year 2021 Month 06)$670,000Increased by 52% from year 2017

View typeNo appreciable view

ContourLevel

Floor area88m²

Decade of construction1999

TitleNA119A/899

Type of titleUnit Title

Legal descriptionUNIT L UP 189765

CouncilAuckland - City

Estate descriptionSTFH,1/1,UNIT L DEPOSITED PLAN 189765

Council rates$4,125.75
2023/2024

ConditionExternal Walls: Average
Roof: Average

ZoningHauraki Gulf Islands

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Waiheke Primary School	0.90 km	Primary	1-8	Government	Co-Educational	EQI: 412	7	Detail

Property history

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For developers

Unitary plan:Hauraki Gulf Islands

Land:-

Title:Unit Title

Bay Road Neighborhood and Surrounding Data
Bay Road neighborhood is a sub-region located within Raetihi city

Suburbs

Data analysis - Palm Beach properties data

Sales count(Last 12 months)

4View

Type: Unit

Sales median price(Last 12 months)

$790,000

Low: $490,000, High: $875,000

Rent median price(Last 12 months)

$700

Low: $700, High: $700

Palm Beach property trend

Year	Median price	Growth	Sales count
2024	$830,000	10.7%	3
2023	$750,000	15.4%	2
2022	$650,000	-50.4%	2
2021	$1,310,000	125.9%	2
2020	$580,000	4.5%	1
2019	$555,000	29.1%	1
2018	$430,000	-5.5%	5
2017	$455,000	-6.4%	4
2016	$486,000	120.9%	2
2015	$220,000	1.1%	10
2014	$217,500	-	2

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
3 Te Toki Road, Palm Beach	0.14 km	2	2	-m²	Year 2024 Month 10 Day 23	$1,100,000	Council approved
17 Bay Road, Ostend	0.21 km	2	1	64m²	Year 2024 Month 10 Day 21	$1,070,000	Council approved
An/4 Bay Road, Palm Beach	0.35 km	2		114m²	Year 2024 Month 08 Day 10	$830,000	Council approved
22 Crescent Road East, Ostend	0.65 km	5	4	244m²	Year 2024 Month 08 Day 05	$1,450,000	Council approved
Ah/4 Bay Road, Palm Beach	0.35 km	1	1	45m²	Year 2024 Month 07 Day 15	$440,000	Council approved