Sold: $530,000
203/4 Richards Avenue, Papatoetoe, Auckland - Manukau
Located at 203/4 Richards Avenue, Papatoetoe, Auckland - Manukau, this modern apartment offers a unique living experience with its mixed materials construction and iron roof, ensuring durability and style. The property, built in 2023, features 1 bathroom, 1 carpark, and a floor area of 56 square meters. Despite having no specified number of bedrooms, the apartment's design caters to a comfortable living space. It operates under a Unit Title ownership, indicating a straightforward ownership structure for potential buyers. The condition of both the walls and roof is rated as good, with the property contour described as an easy/moderate rise, making it an appealing choice for those seeking a blend of modern living and convenience.
The apartment's capital value as of June 1, 2021, was $560,000. However, a recent HouGarden AVM estimated its value at $537,500, with the latest sale on February 8, 2024, closing at $530,000. This indicates a dynamic market and the potential for capital value growth, making it an attractive investment or home purchase option.
The property is zoned for Papatoetoe Intermediate (decile 2), Papatoetoe Central School (decile 4), and Papatoetoe High School (decile 3), offering a range of educational options for families. These schools provide diverse learning environments, catering to students at different stages of their educational journey.
Updated on April 05, 2024.
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Property history
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Data analysis - Papatoetoe properties dataYear | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $595,000 | -5% | 29 |
2022 | $626,250 | -10.4% | 40 |
2021 | $699,000 | 7.7% | 59 |
2020 | $649,000 | 14.9% | 88 |
2019 | $565,000 | 5.6% | 33 |
2018 | $535,000 | 11.5% | 47 |
2017 | $480,000 | 2.1% | 31 |
2016 | $470,000 | 26% | 53 |
2015 | $373,000 | 14.4% | 49 |
2014 | $326,000 | - | 39 |