Nestled at the end of a quiet cul-de-sac in the heart of Ranui, Auckland, stands a charming three-bedroom, one-bathroom residence on a generous 625m2 of prime, level land. This freehold property, built in 1985 with a robust fibrous cement exterior and a tiled roof in good condition, offers not just a comfortable family living space but also a promising investment. With a floor area of 88m2, double car parks, and a location zoned for mixed housing suburban development, the property holds significant potential for future growth.
Since 2017, the capital value has surged by 37.5%, reaching $880,000 as of June 2021, according to government valuations. The HouGarden AVM estimates the property's worth at $842,500, while the latest sale history shows a substantial increase from $56,000 in 1985 to $560,000 in 2015. This trend highlights the property's increasing desirability and investment value.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. Birdwood School, a full primary with a decile rating of 2, is within easy reach, as are Waitakere College, Henderson Intermediate, and St Paul's School in Massey, all boasting decile ratings of 3 and 4. Whether you seek a nurturing environment for your children's education or a sound real estate investment, this property is a compelling choice.
Updated on October 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 7 | 3 | 211m2 | Year 2024 Month 10 Day 23 | $1,165,000 | Council approved | |
 | 0.21 km | 3 | 1 | 88m2 | Year 2024 Month 10 Day 10 | $740,000 | Council approved | |
 | 0.21 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.11 km | 3 | 1 | 90m2 | Year 2024 Month 06 Day 18 | - | Council approved | |
 | 0.15 km | 3 | 1 | 80m2 | Year 2024 Month 06 Day 18 | - | Council approved |