This spacious two-bedroom unit at 1/60 Grove Road, Papakura, Auckland - Papakura, offers a fantastic opportunity for first home buyers or investors. Constructed in 1960, the property features brick walls and an iron roof, both in average condition. It boasts a floor area of 70 square meters on a level cross-lease section. The unit includes two well-sized bedrooms, one bathroom, and lacks a dedicated car park, but compensates with a single-car carport complemented by a storage room. The open-plan kitchen is a highlight, offering ample storage and bench space, leading into a generously sized lounge equipped with a heat pump and bathed in natural light. Additional features include ceiling and underfloor insulation, a laundry nook, and excellent hallway storage cupboards. The property also enjoys a large front lawn, perfect for outdoor activities.
The property has seen a significant increase in capital value, from $410,000 in July 2017 to $590,000 in June 2021, marking a 43.9% growth. The latest HouGarden AVM estimates the property's value at $562,500, with the most recent sale recorded on January 21, 2024, for $575,000, up from $130,000 on March 7, 2003. This demonstrates a strong and steady appreciation in value, making it an attractive investment.
Located within the Papakura school zone, the property is close to Papakura Normal School (Full Primary, decile 3), Cosgrove School (Contributing, decile 1), Papakura Intermediate (Intermediate, decile 1), and Papakura High School (Secondary (Year 9-15), decile 1). This makes it an ideal choice for families seeking quality education options. Its proximity to local shops, public transport, and Bruce Pullman Park, along with a short drive to supermarkets, cafes, and all other amenities, adds to its appeal.
Updated on April 06, 2024.
Name | Distance | 类型 | Year | 属性 | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Cosgrove School | 0.62 km | Primary | 1-6 | Government | Co-Educational | EQI: 532 | 1 | |
Papakura High School | 1.02 km | Secondary | 9-15 | Government | Co-Educational | EQI: 541 | 1 | |
Papakura Intermediate | 1.41 km | Secondary | 7-8 | Government | Co-Educational | EQI: 553 | 1 | |
Papakura Normal School | 1.42 km | Primary | 1-8 | Government | Co-Educational | EQI: 492 | 3 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $589,000 | -11% | 42 |
2022 | $662,000 | -1.2% | 37 |
2021 | $670,000 | 30.1% | 77 |
2020 | $515,000 | 6.6% | 49 |
2019 | $483,000 | -0.7% | 56 |
2018 | $486,500 | -0.7% | 61 |
2017 | $490,000 | 2.3% | 41 |
2016 | $478,750 | 18.2% | 80 |
2015 | $405,000 | 28.6% | 70 |
2014 | $315,000 | - | 56 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 2 | 1 | -m2 | 2024年04月16日 | $630,000 | Council approved | |
 | 0.13 km | 4 | 2 | 131m2 | 2024年03月04日 | $875,000 | Council approved | |
0.21 km | 4 | 185m2 | 2024年02月16日 | $980,000 | Council approved | |||
 | 0.35 km | 4 | 1 | 200m2 | 2024年01月15日 | $896,000 | Council approved | |
 | 0.21 km | 2 | 1 | 70m2 | 2023年12月20日 | $730,000 | Council approved |