Nestled in the serene Papatoetoe, this 4-bedroom, 2-carpark home with a Cross-Lease title is a gem on a level contour. Constructed in 1993 with wood walls and iron roofing, both in good condition, the property offers a generous 150 sq/m of floor area. The government's capital value has seen a 30% increase from $700,000 in 2017 to $910,000 as of June 2021. HouGarden's AVM estimates it at $847,500, while the latest sales were at $704,000 in 2016 and $253,500 in 2008. This residence is in the decile 2 school zone, with Papatoetoe North School, Kedgley Intermediate, and Aorere College all within reach.
Investors are keen on an exit, presenting a golden opportunity for new buyers or savvy investors. The home is move-in ready, with a wheelchair accessible bathroom, modern amenities, and a private outdoor space. The well-appointed kitchen and spacious living area make it ideal for family life or entertaining. With a sense of urgency in the market, this property in a prime location should not be missed.
For families with children, the school network is a significant plus. The contributing Papatoetoe North School, intermediate Kedgley, and secondary Aorere College are all rated decile 2, offering a consistent educational journey. This home is not just a dwelling but a foundation for a thriving family life.
Updated on June 12, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $885,000 | -5.6% | 8 |
2022 | $937,500 | 4.2% | 10 |
2021 | $900,000 | 19.3% | 21 |
2020 | $754,500 | 6% | 22 |
2019 | $712,000 | 4.7% | 13 |
2018 | $680,000 | - | 16 |
2017 | $680,000 | -1.7% | 13 |
2016 | $691,500 | 22.3% | 16 |
2015 | $565,500 | 22.4% | 22 |
2014 | $462,000 | - | 17 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 3 | 1 | 100m2 | Year 2024 Month 05 Day 09 | $1,282,000 | Council approved | |
 | 0.31 km | 2 | 1 | -m2 | Year 2024 Month 03 Day 20 | $670,000 | Council approved | |
 | 0.10 km | 3 | 3 | 102m2 | Year 2024 Month 03 Day 08 | $925,000 | Council approved | |
 | 0.16 km | 4 | 1 | -m2 | Year 2024 Month 03 Day 01 | $706,500 | Council approved | |
 | 0.17 km | 4 | 3 | -m2 | Year 2024 Month 02 Day 01 | $1,080,000 | Council approved |