Introducing a gem nestled in the heart of Randwick Park, Auckland - Manukau, at 6 Nearco Street. This freehold property spans a generous land area of 663m2 with a comfortable floor area of 94m2. Built in 1978, the dwelling boasts three bedrooms, one bathroom, and one carpark, making it an ideal family home. The house is constructed with fibrous cement walls and tile roofing, both in good condition, and sits on an easy/moderate rise contour. This residential dwelling is a perfect blend of comfort and potential, offering a unique opportunity for first-time buyers, investors, or developers.
Over the years, the property has seen a significant increase in its capital value, from $580,000 in July 2017 to $760,000 in June 2021, marking a 31.03% growth. The HouGarden AVM estimates its value at $730,000. Its last sale was in April 2012 for $235,000, following a previous sale in April 2006 for $255,000. This steady growth in value underscores the property's potential as a lucrative investment.
Education is a priority, and this property does not disappoint. It falls within the zone for Randwick Park School, a full primary school with a decile rating of 1, and Alfriston College, a secondary school catering to years 9-15 with a decile rating of 2. These educational institutions provide a solid foundation for young residents.
Updated on April 05, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $840,000 | -7.1% | 39 |
2022 | $904,000 | 2.5% | 34 |
2021 | $882,000 | 29.2% | 43 |
2020 | $682,500 | 3.4% | 28 |
2019 | $660,000 | 8.1% | 21 |
2018 | $610,500 | -0.6% | 46 |
2017 | $614,000 | -0.2% | 36 |
2016 | $615,000 | 12.3% | 31 |
2015 | $547,500 | - | 30 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 3 | 1 | 70m2 | 2024年05月01日 | $555,500 | Council approved | |
 | 0.22 km | 3 | 1 | 94m2 | 2024年03月16日 | $710,000 | Council approved | |
 | 0.13 km | 3 | 1 | 90m2 | 2023年12月05日 | $750,000 | Council approved | |
0.27 km | 3 | 1 | 90m2 | 2023年12月03日 | $585,000 | Council approved | ||
 | 0.12 km | 3 | 1 | -m2 | 2023年11月29日 | $701,000 | Council approved |