This cherished 3-bedroom brick-and-tile home at 18 Ballance Avenue, Papatoetoe, Auckland - Manukau, is now on the market due to a change in the vendor's circumstances. The property features 1 bathroom, 1 carpark, and a floor area of 91m2, all situated on a generous 817m2 freehold section. The house, built in 1940, boasts a level contour with average condition walls and roof, constructed from brick and tiles respectively. The property is classified under 'Residential - Dwelling' and offers a spacious kitchen, large double garage plus workshop, and mature fruit trees within its modern gardens.
From its initial capital value of $850,000 in July 2017, the property has seen a significant appreciation, reaching a capital value of $980,000 by June 2021, marking a 15.29% increase. The latest sale, recorded on January 31, 2024, was at $986,000, slightly above the HouGarden AVM of $940,000. This growth trajectory underscores the property's value and potential for future appreciation.
The property is ideally located for families, within the school zones of Puhinui School (decile 3), Papatoetoe Intermediate (decile 2), and Papatoetoe High School (decile 3), ensuring a variety of educational options. Its proximity to key amenities and transport links further enhances its appeal, making it a peaceful yet incredibly convenient home.
Updated on April 05, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $885,000 | -6.8% | 149 |
2022 | $950,000 | -5% | 136 |
2021 | $1,000,000 | 14.9% | 261 |
2020 | $870,000 | 17.6% | 207 |
2019 | $740,000 | 0.1% | 183 |
2018 | $739,000 | -4.6% | 215 |
2017 | $775,000 | -0.6% | 165 |
2016 | $780,000 | 16.4% | 235 |
2015 | $670,000 | 30.7% | 274 |
2014 | $512,500 | - | 261 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 2 | 1 | 120m2 | 2024年03月14日 | $860,000 | Council approved | |
0.17 km | 3 | 1 | 0m2 | 2024年03月08日 | $774,000 | Council approved | ||
 | 0.32 km | 3 | 2 | 140m2 | 2024年02月07日 | $1,025,000 | Council approved | |
0.34 km | 4 | 3 | 199m2 | 2024年01月25日 | $1,119,900 | Council approved | ||
 | 0.08 km | 2 | 1 | -m2 | 2023年11月29日 | $730,500 | Council approved |