Nestled in the serene Papatoetoe locale, this 120m2, 3-bedroom residence on a 910m2 freehold section is located within a peaceful cul-de-sac. Constructed in 1980 with mixed materials for the walls and iron for the roof, both in good condition, the property exudes potential for renovation or development. It boasts a double garage and ample parking, with a CV of $930,000 as of June 2021, showing a 25.7% increase from its $740,000 valuation in July 2017. This is an ideal investment opportunity for those seeking value growth and a promising future.
With a HouGarden AVM of $867,500, the property's recent sales history and rapid CV increase reflect its allure. It's zoned for Kedgley Intermediate and Aorere College, both with a decile rating of 2, as well as Papatoetoe West School, ensuring quality education within the district.
For families with school-aged children, the property falls within a highly sought-after school zone. The nearby schools are well-regarded, and the area's educational facilities are a significant draw for many buyers. This property, with its solid structure and prime location, is a golden opportunity not to be missed.
Updated on May 21, 2024
Year | Median price | Growth | Sales count |
---|---|---|---|
2023 | $890,000 | -6.3% | 160 |
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 | |
---|---|---|---|---|---|---|---|---|
0.17 km | 3 | 1 | 90m2 | Year 2024 Month 03 Day 13 | $770,000 | Council approved | ||
0.05 km | 4 | 1 | -m2 | Year 2024 Month 03 Day 01 | - | Council approved | ||
0.14 km | 2 | 2 | 83m2 | Year 2024 Month 03 Day 01 | $695,000 | Council approved | ||
0.09 km | 2 | 1 | -m2 | Year 2024 Month 03 Day 01 | $650,000 | Council approved | ||
0.14 km | 2 | 2 | -m2 | Year 2024 Month 01 Day 18 | $645,000 | Council approved |