Nestled in the serene Parakai, 4 Rere Place is a charming residence that boasts a generous floor area of 85 square meters. This 2-bedroom, 1-bathroom home is built with sturdy fibrous cement walls and an iron roof, both in good condition, dating back to 1950. It sits on an easy-to-moderate rise contour and is under a Cross-Lease title. The property has seen a significant Capital Value increase of 46.7% from $460,000 in 2017 to the current $675,000 as of June 2021. The HouGarden AVM estimates the property's worth at $670,000, closely aligning with the government's valuation. The latest sale was recorded in November 2018 for $490,000.
With a CV growth that outpaces the market average, this property is not just a home but a sound investment. The house, set in a quiet cul-de-sac, enjoys a prime location with easy access to the new park, hot pools, and local shops. It's the perfect blend of modern convenience and tranquility, where one can enjoy the seamless flow from the open-plan living to the two deck areas, ideal for entertainment or a peaceful retreat.
For families with school-aged children, the property falls within the zones of Parakai School, a Full Primary with a decile rating of 3, and Kaipara College, a Secondary school catering to Year 9-15 with a decile rating of 7. This is an opportunity not to be missed, as a home that checks all the boxes in a sought-after school zone is a rare find indeed.
Updated on November 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 5.29 km | 1 | 1 | 65m2 | Year 2024 Month 12 Day 06 | - | Council approved | |
 | 0.35 km | 3 | 2 | 140m2 | Year 2024 Month 11 Day 27 | - | Council approved | |
 | 0.04 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 03 | - | Council approved | |
 | 5.24 km | -m2 | Year 2024 Month 08 Day 22 | - | Council approved | |||
 | 0.43 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 01 | $690,000 | Council approved |