Nestled in the heart of Point Wells, this charming freehold property boasts a prime location and a rich history of value appreciation. The 3-bedroom, 1-carpark home, built in 1990 with roughcast walls and iron roofing, stands on a flat 809sqm section with a well-maintained garden. The property's Capital Value (CV) has seen a remarkable increase of 51%, from $1,275,000 in 2017 to $1,925,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,254,500, while the latest sale in 1990 was for $114,000. The home is in a level contour, with good wall and roof conditions, and a floor area of 210sqm. It is served by the high-performing Matakana School (Decile 9) and Mahurangi College (Decile 7), ensuring quality education for the family.
With a CV growth rate that outpaces the market, this property presents a sound investment opportunity. The spacious indoor-outdoor flow leads to an established garden and large lawn, perfect for children of all ages. The main living area downstairs opens to a covered deck, and an additional living space upstairs could serve as a fourth bedroom. The single garage with an auto door opener and internal access, along with ample off-street parking, completes the package of this irresistible coastal property.
Located in a quiet cul-de-sac, the residence is an ideal blend of comfort and convenience, with easy access to nearby beaches, coastal walks, and diving spots. This is not just a home; it's an invitation to embrace the natural beauty of the Matakana, Point Wells, and Leigh area.
Updated on April 18, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,400,000 | -12.2% | 5 |
2022 | $1,595,000 | -5.6% | 9 |
2021 | $1,690,000 | 47% | 14 |
2020 | $1,150,000 | -31.3% | 18 |
2019 | $1,675,000 | 45.7% | 7 |
2018 | $1,150,000 | 24.3% | 7 |
2017 | $925,000 | -6.1% | 9 |
2016 | $985,000 | 12.6% | 16 |
2015 | $875,000 | 34.6% | 9 |
2014 | $650,000 | - | 13 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 1.39 km | 5 | 3 | 304m2 | 2024年04月22日 | $5,500,000 | Council approved | |
4.78 km | 4 | 120m2 | 2024年01月16日 | $1,388,000 | Council approved | |||
 | 0.82 km | 5 | 346m2 | 2024年01月11日 | $3,050,000 | Council approved | ||
0.17 km | 4 | 233m2 | 2023年12月21日 | $2,002,500 | Council approved | |||
 | 0.05 km | 2 | 1 | 63m2 | 2023年11月29日 | $1,100,000 | Council approved |