Introducing an exquisite residential dwelling at 70 Rauhuia Crescent, Parau, Auckland - Waitakere. This freehold property, built in 1970, features 2 bedrooms, 2 carparks, and a floor area of 110sqm. The exterior walls are constructed with Aluminium, in good condition, while the roof, made of Iron, is also well-maintained. It sits on a 1077sqm section with an easy/moderate rise contour, providing a serene environment in a quiet cul-de-sac. The property has seen a significant Capital Value increase of 26.87% from $670,000 in 2017 to $850,000 as of June 2021. HouGarden AVM estimates the property's value at $815,000. This home offers an affordable entry into the market with immense potential for value addition.
As for the government valuation, the rapid increase reflects a promising investment opportunity. The recent sale history and the AVM further validate the property's growing worth. With a bit of creativity and tender loving care, this property can truly transform into a haven, especially with the added benefit of a separate double garage and flexible storage or study space.
For families with school-aged children, the property falls within the zone of Green Bay High School, a secondary school with a decile rating of 8. This indicates a high standard of education in a family-friendly neighborhood. This combination of location, potential, and affordability makes it an ideal choice for both first-home buyers and investors.
Updated on April 29, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Green Bay High School | 7.44 km | Secondary | 9-15 | Government | Co-Educational | EQI: 432 | 8 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2022 | $1,080,000 | -21.6% | 1 |
2021 | $1,377,500 | 69% | 2 |
2018 | $815,000 | 21.6% | 2 |
2016 | $670,000 | 3.9% | 4 |
2015 | $645,000 | - | 1 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.34 km | 3 | 2 | 132m2 | Year 2024 Month 05 Day 17 | $860,000 | Council approved | |
 | 0.36 km | 4 | 2 | -m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
0.18 km | 3 | 1 | 90m2 | Year 2024 Month 02 Day 28 | $817,780 | Council approved | ||
0.80 km | 3 | 180m2 | Year 2023 Month 12 Day 11 | $985,000 | Council approved | |||
 | 0.35 km | 4 | 2 | -m2 | Year 2023 Month 12 Day 01 | $1,775,000 | Council approved |