Located at 1/5 Hamilton Road, Papatoetoe, Auckland - Manukau, this residential dwelling boasts 2 bedrooms, 1 bathroom, and spans across an 80m² floor area with a cross-lease ownership type. The property, constructed in 1940 with brick walls and tile roofing, presents an average condition for both its exterior walls and roof. Nestled in a level contour, it lacks a dedicated carpark but compensates with its charm and historical allure.
The property has seen a significant appreciation in its capital value, growing from $590,000 in July 2017 to $720,000 by June 2021, marking a 22.03% increase. Despite this, the HouGarden AVM estimates its value at $690,000. Historical sales data reveals a steady climb in value, with sales recorded at $262,000 in August 2005 and $415,000 in November 2013. The property's allure is further highlighted by its auction description, emphasizing its unique charm and the emotional pull it exerts, alongside practical upgrades such as a new roof, complete rewiring, and full insulation.
School zoning is a crucial aspect for families, and this property falls within the catchment areas for Papatoetoe Intermediate (decile 2), Papatoetoe High School (decile 3), and Papatoetoe East School (decile 2), offering a range of educational options. The property's location and its proximity to these schools add to its appeal for families prioritizing education.
Updated on April 04, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $629,500 | -12.2% | 108 |
2022 | $717,000 | 2.4% | 75 |
2021 | $700,000 | 19.7% | 201 |
2020 | $585,000 | 6.4% | 152 |
2019 | $550,000 | - | 118 |
2018 | $550,000 | 0.9% | 115 |
2017 | $545,000 | - | 114 |
2016 | $545,000 | 18% | 156 |
2015 | $462,000 | 30.5% | 191 |
2014 | $354,000 | - | 177 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 3 | 1 | 120m2 | 2024年04月11日 | $715,000 | Council approved | |
0.06 km | 3 | 1 | 100m2 | 2023年12月07日 | $700,000 | Council approved | ||
 | 0.20 km | 4 | 2 | -m2 | 2023年11月28日 | $1,141,000 | Council approved | |
0.31 km | 3 | 1 | 93m2 | 2023年11月10日 | $810,000 | Council approved | ||
0.03 km | 4 | 142m2 | 2023年11月09日 | $1,485,000 | Council approved |