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2/138 Rangitoto Road, Papatoetoe, Auckland - Manukau

3

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72m²

This standalone, freshly renovated property located at 2/138 Rangitoto Road, Papatoetoe, Auckland - Manukau, offers a unique blend of comfort and convenience. Featuring three bedrooms, one bathroom, and a single carpark, this dwelling spans a floor area of 72 square meters. Constructed in 1980 with mixed materials for both the roof and walls, the property is in average condition. It sits on a level contour under a Cross-Lease ownership type, making it a perfect choice for those seeking a residential dwelling in a serene environment.

The property has seen a significant increase in its capital value, from $595,000 in July 2017 to $740,000 in June 2021, marking a 24.37% growth. The latest HouGarden AVM estimates the property's value at $710,000, while the most recent sale in January 2024 fetched $750,000, indicating a robust and growing market. This property's capital value growth and recent sales history underscore its investment potential and desirability.

Located within the school zones of Papatoetoe West School (decile 2), Papatoetoe Intermediate (decile 2), and Papatoetoe High School (decile 3), this property promises a solid educational foundation for children. The proximity to these schools, combined with the property's strategic location near amenities, parks, and transportation links, offers a balanced lifestyle of convenience and quality education.

Updated on April 06, 2024.

Council Data

Last update : 2025 01 29

Improvement value$100,000Increased by 300% from year 2017

Land value$640,000Increased by 12% from year 2017

CV(Year 2021 Month 06)$740,000Increased by 24% from year 2017

DeckYes

View typeNo appreciable view

ContourLevel

Floor area72m²

Decade of construction1980

TitleNA90C/57

Type of titleCross-Lease

Legal descriptionFLAT 2 DP 151862, LOT 2 DP 40691

CouncilAuckland - Manukau

Estate descriptionFSIM,1/2,LOT 2 DEPOSITED PLAN 40691,1631m2

Council rates$2,455.01
2023/2024

ConditionExternal Walls: Average
Roof: Average

ZoningResidential - Mixed Housing Suburban Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Papatoetoe West School	0.99 km	Primary	1-6	Government	Co-Educational	EQI: 471	2	Detail
Papatoetoe Intermediate	1.08 km	Secondary	7-8	Government	Co-Educational	EQI: 477	2	Detail
Papatoetoe High School	1.68 km	Secondary	9-15	Government	Co-Educational	EQI: 476	3	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone

Land:-

Title:Cross-Lease

Rangitoto Road Neighborhood and Surrounding Data
Rangitoto Road neighborhood is a sub-region located within Papatoetoe city

Suburbs

Data analysis - Papatoetoe properties data

Sales count(Last 12 months)

73View

Type: Cross lease

Sales median price(Last 12 months)

$760,000

Low: $466,000, High: $4,100,000

Rent median price(Last 12 months)

$715

Low: $530, High: $850

Papatoetoe property trend

Year	Median price	Growth	Sales count
2024	$760,000	-1.2%	76
2023	$769,000	-7.6%	81
2022	$832,500	1.5%	62
2021	$820,500	19.8%	132
2020	$685,000	9.3%	88
2019	$627,000	-1.5%	85
2018	$636,250	-2.9%	114
2017	$655,000	2.3%	67
2016	$640,000	16.4%	87
2015	$550,000	35.8%	133
2014	$405,000	-	93

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
2/124 Kolmar Road, Papatoetoe	0.27 km	1	1	-m²	Year 2024 Month 11 Day 01	$345,000	Council approved
2/218 Shirley Road	0.10 km	2	1	100m²	Year 2024 Month 10 Day 01	$667,000	Council approved
20/124 Kolmar Road, Papatoetoe	0.21 km	1	1	-m²	Year 2024 Month 10 Day 01	$335,000	Council approved
4A Weston Avenue, Papatoetoe	0.10 km	3	2	131m²	Year 2024 Month 08 Day 16	$868,000	Council approved
181A Rangitoto Road, Papatoetoe	0.26 km	2	1	155m²	Year 2024 Month 08 Day 14	$635,000	Council approved