Nestled on a generous 911 sqm section in a quiet cul-de-sac of Papatoetoe, Auckland, this 1976-built freehold property offers immense potential with its 4 bedrooms, 2 carparks, and a floor area of 200 sqm. The residence, featuring mixed-material walls and roof in good condition, is a perfect blend of tradition and modernity, ready for a transformative makeover. With a government valuation (CV) of $1,050,000 as of June 2021, it has shown a remarkable increase of 28.05% since July 2017. The HouGarden AVM estimates the property's worth at $1,005,000, while the latest sale was recorded in 1986 at $79,000.
From an investment perspective, the property's capital value growth is a testament to its appeal. The current owners are motivated to sell, presenting a unique opportunity to secure a property with such a promising CV trajectory. This home, with its 'fix-me-up' appeal, is a blank canvas waiting to be transformed into a family's haven.
For families with school-aged children, the property falls within the decile 2 school zones of Kedgley Intermediate, Aorere College, and Papatoetoe West School, ensuring quality education is within easy reach. This house is not just a property; it's an invitation to craft your ideal lifestyle in a sought-after location.
Updated on April 12, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,010,000 | -9.3% | 85 |
2022 | $1,113,500 | 1.2% | 72 |
2021 | $1,100,000 | 18.9% | 148 |
2020 | $925,000 | 6.9% | 139 |
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% | 126 |
2014 | $600,000 | - | 149 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.61 km | 3 | 1 | -m2 | 2024年04月16日 | - | Council approved | |
 | 0.31 km | 5 | 3 | 179m2 | 2024年02月13日 | $1,145,000 | Council approved | |
 | 1.64 km | 5 | 3 | 176m2 | 2024年02月05日 | $990,000 | Council approved | |
 | 0.28 km | 2 | 2 | -m2 | 2024年01月18日 | $645,000 | Council approved | |
 | 0.74 km | 3 | 1 | 90m2 | 2023年11月28日 | $850,000 | Council approved |