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18 Lochinver Road, Papatoetoe, Auckland - Manukau, 4 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 06 Day 27

18 Lochinver Road, Papatoetoe, Auckland - Manukau

4
170m2
809m2

Nestled in the heart of Papatoetoe on an expansive 809-square-meter freehold section, this 4-bedroom residential dwelling, built in 1958, offers a blend of classic charm and modern potential. The property boasts wooden exterior walls, tiled roofing, and an average condition, providing a solid foundation for renovation or development. With a current Capital Value (CV) of $1,225,000, this property has shown a remarkable growth rate of 53.125% since 2017, reflecting its increasing desirability in the Auckland property market.

Valuation history shows a promising trend, with the HouGarden AVM estimating the property's worth at $1,140,000, while the latest sale in 2000 was for $262,000. This indicates a substantial capital gain over the years, making it an attractive investment opportunity. The property's convenient location within a quiet cul-de-sac further enhances its appeal.

For families with school-aged children, the property falls within the zones of highly regarded schools such as Otahuhu College (Decile 1), Papatoetoe Intermediate (Decile 2), and Papatoetoe Central School (Decile 4), ensuring access to quality education. This combination of location, potential for value growth, and educational opportunities makes this property a stand-out choice in the Auckland real estate market.

Updated on July 01, 2024

Council Data

Last update : 2024 07 17
Improvement value$100,000Reduced by -28% from year 2017
Land value$1,125,000Increased by 70% from year 2017
CV(Year 2021 Month 06)$1,225,000Increased by 53% from year 2017
DeckYes
View typeNo appreciable view
ContourEasy/Moderate rise
Land area809m²
Floor area170m²
Decade of construction1958
TitleNA1612/29
Type of titleFreehold
Legal descriptionLOT 139 DP 44500
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 139 DEPOSITED PLAN 44500,809m2
Council rates$3,253.88 2023/2024
ConditionExternal Walls: Average Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Papatoetoe Intermediate
0.33 km
Secondary
7-8
Government
Co-Educational
EQI: 477
2
Otahuhu College
1.28 km
Secondary
9-15
Government
Co-Educational
EQI: 513
1
Papatoetoe Central School
1.82 km
Primary
1-6
Government
Co-Educational
EQI: 420
4

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:809m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Lochinver Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Papatoetoe properties data
Papatoetoe property trend
Year
Median price
Growth
Sales count
2024
$1,055,000
4.2%
29
2023
$1,012,500
-9.1%
86
2022
$1,113,500
1.2%
72
2021
$1,100,000
18.9%
149
2020
$925,000
6.9%
140
2019
$865,000
1.1%
108
2018
$856,000
-3.3%
102
2017
$885,000
4.1%
81
2016
$850,000
13.3%
103
2015
$750,000
25%
129
2014
$600,000
-
150

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7a Lochinver Road, Papatoetoe
0.09 km
4
2
-m2
Year 2024 Month 05 Day 18
$1,113,000
Council approved
31 Grange Road, Papatoetoe
0.08 km
3
1
120m2
Year 2024 Month 05 Day 01
$1,282,000
Council approved
Lot 4 /37 Grange Road, Papatoetoe
0.09 km
3
2
98m2
Year 2024 Month 05 Day 01
-
Council approved
37 Grange Road, Papatoetoe
0.09 km
3
2
98m2
Year 2024 Month 05 Day 01
-
Council approved
Lot 3 /37 Grange Road, Papatoetoe
0.09 km
3
2
98m2
Year 2024 Month 05 Day 01
-
Council approved

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