Nestled in the serene Morrow Terrace, a quiet cul-de-sac in Pukekohe, Auckland, lies a charming residential property on a freehold land of 579 square meters. This 3-bedroom, 117 square meter floor area home, built in 1970 with solid brick walls and iron roofing, is in good condition both inside and out. The property, with a current Capital Value (CV) of $780,000, has seen a remarkable increase of 41.82% since 2017, reflecting a growing investment potential.
History shows a promising trend with the latest sale in 2018 fetching $587,500, a significant jump from the $260,000 sale in 2004. The HouGarden AVM estimates the property's worth at $725,000, further validating its market value. This is a golden opportunity for investors and homebuyers looking to capitalize on a property with such a promising CV growth track record.
For families with children, the property falls within the zones of Pukekohe North School, a full primary with a decile rating of 1, Pukekohe Intermediate at decile 5, and Pukekohe High School, a secondary school rated at decile 6. These educational institutions provide a solid foundation for learning and growth.
Updated on May 23, 2024
Year | Median price | Growth | Sales count |
---|---|---|---|
2023 | $800,500 | -11% | 144 |
2022 | $899,000 | 9.6% | 150 |
2021 | $820,000 | 26.2% | 287 |
2020 | $650,000 | 2.4% | 320 |
2019 | $635,000 | 4.1% | 278 |
2018 | $610,000 | -0.2% | 293 |
2017 | $611,000 | 2.7% | 261 |
2016 | $595,000 | 24% | 306 |
2015 | $480,000 | 6.4% | 337 |
2014 | $451,250 | - | 238 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.25 km | 4 | 2 | -m2 | Year 2024 Month 05 Day 01 | - | Council approved | ||
0.14 km | 5 | 2 | -m2 | Year 2024 Month 04 Day 01 | - | Council approved | ||
0.13 km | 3 | 1 | -m2 | Year 2024 Month 01 Day 01 | $709,000 | Council approved | ||
0.13 km | 3 | 1 | -m2 | Year 2024 Month 01 Day 01 | $604,500 | Council approved | ||
0.20 km | 4 | 2 | -m2 | Year 2023 Month 12 Day 01 | $860,000 | Council approved |