Nestled in the sought-after suburb of Papatoetoe, 31 Grange Road presents a charming residential opportunity on a generous 809m2 freehold section. This 1957-built home boasts 3 bedrooms, 2 carparks, and a spacious floor area of 120m2. The Iron roof and well-maintained wooden exterior walls provide a solid foundation for potential value addition. The property's Capital Value (CV) has seen a remarkable increase of 64.5% from $775,000 in 2017 to $1,275,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,185,000, while the latest sales history shows transactions at $985,000 in 2018 and $895,000 in 2017. This home is perfect for a family looking to settle within the decile 1 Otahuhu College, decile 2 Papatoetoe Intermediate, and decile 4 Papatoetoe Central School zones.
With a great location, close to shops and SH1, and immense development potential, 31 Grange Road is a golden opportunity for investors and DIY enthusiasts alike. Don't miss your chance to secure this property at our upcoming auction on May 1st, 2024.
For families with school-aged children, the property falls within some of the best school zones in the area, ensuring access to quality education. The combination of a rapidly rising CV, a prime location, and a promising school network makes 31 Grange Road an attractive prospect for both investors and homeowners.
Updated on May 03, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $885,000 | -6.8% | 149 |
2022 | $950,000 | -5% | 136 |
2021 | $1,000,000 | 14.9% | 261 |
2020 | $870,000 | 17.6% | 207 |
2019 | $740,000 | 0.1% | 183 |
2018 | $739,000 | -4.6% | 215 |
2017 | $775,000 | -0.6% | 165 |
2016 | $780,000 | 16.4% | 235 |
2015 | $670,000 | 30.7% | 274 |
2014 | $512,500 | - | 261 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.01 km | 3 | 2 | 95m2 | 2024年03月28日 | $735,000 | Council approved | |
0.38 km | 3 | 119m2 | 2024年03月13日 | $980,000 | Council approved | |||
0.32 km | 3 | 1 | 95m2 | 2024年03月06日 | $730,000 | Council approved | ||
 | 0.10 km | 3 | 2 | 230m2 | 2024年02月05日 | $830,000 | Council approved | |
0.08 km | 3 | 0m2 | 2024年01月20日 | $830,000 | Council approved |