Positioned at 31 Hoteo Avenue, Papatoetoe, Auckland, this residential unit title property boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1940 with brick walls and tiled roofing, it presents an average condition both inside and out, sitting on a level contour. The capital value has seen a rapid increase of 18.18% from $660,000 in July 2017 to $780,000 as of June 2021. The HouGarden AVM estimates the property at $725,000, while the latest sales were recorded at $563,000 in April 2015 and $177,000 in October 2010. This home is perfect for families, with its close proximity to Papatoetoe Intermediate (Decile 2), Papatoetoe Central School (Decile 4), and Papatoetoe High School (Decile 3).
With a floor area of 90 square meters, this property offers functionality and potential, nestled in a quiet cul-de-sac. It's an ideal investment opportunity with a spacious front yard that invites personalization and future improvements. The convenient location, with easy motorway access and nearby amenities like Hunters Plaza, adds to the appeal of this property, making it an attractive prospect for first-time home buyers and investors alike.
Education is a key highlight, with the property being within the zones of well-regarded schools. The schools offer a range of educational options, from intermediate to secondary, catering to the needs of growing families. This combination of location, value, and educational opportunity makes 31 Hoteo Avenue an affordable gem in Papatoetoe.
Updated on May 03, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $702,000 | -3.5% | 13 |
2022 | $727,400 | -9.1% | 12 |
2021 | $800,000 | 30.6% | 15 |
2020 | $612,500 | 6.3% | 6 |
2019 | $576,250 | -5.1% | 10 |
2018 | $607,250 | 9.5% | 18 |
2017 | $554,500 | -1.3% | 12 |
2016 | $562,000 | 10.2% | 22 |
2015 | $510,000 | 17.4% | 15 |
2014 | $434,500 | - | 12 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.39 km | 3 | 1 | 120m2 | 2024年04月23日 | $1,465,000 | Council approved | |
 | 0.21 km | 2 | 1 | 80m2 | 2024年04月19日 | $675,000 | Council approved | |
0.41 km | 4 | 190m2 | 2024年02月07日 | $1,250,000 | Council approved | |||
 | 0.27 km | 3 | 2 | 131m2 | 2023年12月22日 | $785,000 | Council approved | |
0.15 km | 3 | 126m2 | 2023年12月08日 | $850,000 | Council approved |