Nestled in the heart of Papatoetoe, this charming residential unit at 3/11 Overton Road offers a blend of classic 1960's appeal with modern convenience. The 3-bedroom, 1-bathroom home with a single carport is set on a cross-lease title, featuring wood exterior walls and tiled roofing. It boasts a floor area of 93 square meters and is maintained in average condition both inside and out, sitting on a level contour. The property has seen a significant increase in Capital Value (CV), rising from $520,000 in 2017 to $630,000 as of June 2021, marking a growth of 21.15%. The HouGarden AVM estimates the property's worth at $602,500, while the latest sale history shows a transaction at $525,000 in March 2024, following a previous sale at $472,000 in August 2016.
For families with school-aged children, the property falls within the zones of Papatoetoe Intermediate and Papatoetoe High School, both with decile ratings of 2 and 3 respectively, ensuring quality education is within reach. Additionally, Papatoetoe East School, a contributing school, is also in the vicinity. This property not only offers a peaceful living environment in a quiet cul-de-sac but also convenient access to Manukau Westfield and Hunters Corner shopping centers, making it an ideal blend of comfort and connectivity.
With its generous space, potential for further value appreciation, and proximity to reputable schools, this property presents a golden opportunity for both homebuyers and investors. It's a must-see for those seeking an affordable home or investment in a prime location.
Updated on April 17, 2024
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 | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 2 | 1 | -m2 | 2024年04月10日 | $610,000 | Council approved | |
 | 0.24 km | 2 | 1 | 66m2 | 2024年03月26日 | $585,000 | Council approved | |
 | 0.23 km | 4 | 2 | 130m2 | 2024年03月18日 | $1,450,000 | Council approved | |
 | 0.16 km | 2 | 1 | 90m2 | 2023年12月01日 | $651,000 | Council approved | |
 | 0.26 km | 4 | 2 | -m2 | 2023年11月28日 | $1,141,000 | Council approved |