Located at 2/21 Komako Place, Papatoetoe, Auckland - Manukau, this residential property is a delightful, quirky, compact, and modern home with a twist. Perfect for the first home buyer or investor, it features three bedrooms, one bathroom, and one carpark. The property spans a floor area of 90m² on a level contour, under a Cross-Lease ownership type. Built in 1979, it boasts fibrous cement walls and tile roofing, both in average condition. The open-plan living, dining, and kitchen areas are freshly painted and showcase top-of-the-range appliances, modernized bathroom and kitchen with a gas cooktop stove, and a heat pump for comfortable living year-round. The property also offers recently upgraded insulation, under tile heating, and a partially fenced easy-care section with plenty of off-street parking and a flat grassed area.
From a financial perspective, the capital value has seen a significant increase from $503,250 in July 2017 to $680,000 in June 2021, marking a 35.12% growth. The latest sale was recorded at $635,000 on June 28, 2018, after a previous sale at $200,000 on October 27, 2005. The HouGarden AVM estimates the property's value at $665,000. This property is being sold without a price, and prospective purchasers are advised to conduct their own due diligence.
In terms of education, the property is zoned for Kedgley Intermediate, Aorere College, and Papatoetoe West School, all of which have a decile rating of 2. This location is not only secure but also conveniently close to transport, malls, shops, and schools, with easy access to the motorway, making it an ideal choice for families and investors alike.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $765,000 | -8.1% | 75 |
2022 | $832,500 | 1.5% | 62 |
2021 | $820,500 | 19.8% | 132 |
2020 | $685,000 | 9.3% | 87 |
2019 | $627,000 | -1.5% | 85 |
2018 | $636,250 | -2.9% | 114 |
2017 | $655,000 | 2.4% | 67 |
2016 | $639,500 | 16.3% | 86 |
2015 | $550,000 | 35.8% | 133 |
2014 | $405,000 | - | 93 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 3 | 1 | 90m2 | Year 2024 Month 04 Day 03 | $712,500 | Council approved | |
 | 0.21 km | 5 | 3 | 179m2 | Year 2024 Month 02 Day 13 | $1,145,000 | Council approved | |
 | 0.20 km | 2 | 2 | -m2 | Year 2024 Month 01 Day 18 | $645,000 | Council approved | |
 | 0.10 km | 4 | 2 | -m2 | Year 2023 Month 11 Day 29 | $1,105,000 | Council approved | |
 | 1.66 km | 3 | 1 | 90m2 | Year 2023 Month 11 Day 28 | $850,000 | Council approved |