Nestled in the serene Papatoetoe locale, at 7a Lochinver Road, lies a stunning freehold property that boasts a capital value increase of 26.34% since 2017. This 2014-built home with a brick exterior and tiled roof spans across 214 square metres of floor area, gracefully sitting on a 553 square metre plot. It offers 4 bedrooms, 2 car parks, and a double internal garage, exuding a warm family ambiance.
With a current CV of $1,175,000, the property's value has sky-rocketed from $930,000 in 2017. The HouGarden AVM estimates it at $1,092,500, while the latest sales were recorded at $915,000 in 2017 and $710,000 in 2014. This home is not just a residence but a sound investment.
For families with school-going children, the property falls within the zones of highly regarded schools such as Papatoetoe Central School (Decile 4), Papatoetoe Intermediate (Decile 2), and Otahuhu College (Decile 1), ensuring access to quality education.
Updated on May 24, 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 | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 3 | 1 | 120m2 | Year 2024 Month 05 Day 01 | $1,282,000 | Council approved | |
 | 0.19 km | 3 | 2 | 98m2 | Year 2024 Month 05 Day 01 | - | Council approved | |
 | 0.19 km | 3 | 2 | 98m2 | Year 2024 Month 05 Day 01 | - | Council approved | |
 | 0.19 km | 3 | 2 | 98m2 | Year 2024 Month 05 Day 01 | - | Council approved | |
0.02 km | 3 | 119m2 | Year 2024 Month 03 Day 13 | $980,000 | Council approved |