This charming residence located at 40 Orion Street, Papakura, Auckland - Papakura, is a testament to modern living blended with 1960's charm. The property boasts 3 bedrooms, 1 bathroom, and a floor area of 89m2, all situated on a generous 412m2 freehold section. The exterior features wood construction with tile roofing, both in average condition, reflecting the home's age since 1960. The property's contour is described as easy/moderate rise, making it both accessible and appealing.
From a financial perspective, the property has seen a significant increase in capital value, from $530,000 in July 2017 to $740,000 in June 2021, marking a 39.62% growth. This growth is supported by a HouGarden AVM estimate of $730,000. Historical sales data reveals a steady appreciation in value, with sales recorded at $190,000 in May 2005 and $315,000 in August 2013. This trend underscores the property's solid investment potential and the opportunity for future development.
The property is ideally located within the school zones of Edmund Hillary School (Full Primary, decile 1), Papakura Intermediate (Intermediate, decile 1), and Papakura High School (Secondary (Year 9-15), decile 1), offering a range of educational options for families. This, combined with the property's close proximity to Papakura township, local amenities, parks, and public transport, makes it an attractive option for both families and investors alike.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $805,000 | -10.1% | 187 |
2022 | $895,000 | 0.4% | 205 |
2021 | $891,000 | 31% | 507 |
2020 | $680,000 | 11.5% | 386 |
2019 | $610,000 | -0.9% | 222 |
2018 | $615,500 | 2.6% | 192 |
2017 | $600,000 | -1.6% | 226 |
2016 | $609,500 | 18.6% | 308 |
2015 | $514,000 | 35.6% | 336 |
2014 | $379,000 | - | 189 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 3 | 1 | -m2 | 2024年03月21日 | $645,000 | Council approved | |
 | 0.21 km | 3 | 1 | 100m2 | 2024年03月14日 | $760,000 | Council approved | |
 | 0.22 km | 3 | 1 | 91m2 | 2024年01月25日 | $820,000 | Council approved | |
 | 0.33 km | 4 | 1 | -m2 | 2023年12月06日 | $555,000 | Council approved | |
 | 0.12 km | 3 | 1 | 101m2 | 2023年11月21日 | $702,000 | Council approved |