Nestled in the serene cul-de-sac of Red Beach Road, this charming 1960's bungalow on cross-lease title boasts 3 bedrooms, 2 carparks, and a floor area of 130sqm. The well-maintained wood exterior and iron roof complement the modernized interior, bathed in natural light. The property has seen a significant Capital Value increase of 34.78% from $690,000 in 2017 to $930,000 as of June 2021. The HouGarden AVM estimates it at $892,500, while the latest sale in 2017 was for $730,000. Recent upgrades include new insulation, a heat pump, and a new roof, ensuring comfort and low maintenance living.
With a CV growth rate that outpaces the market, this property is not just a home but a sound investment. Its location within the catchment area of highly rated schools such as Orewa College, Red Beach School, and Whangaparaoa College, all with a decile rating of 9, makes it an ideal choice for families.
Set on an easy/moderate rise contour, the property enjoys a private and fully fenced backyard, perfect for children and pets. It's just a short walk to the sandy beaches of Orewa and Red Beach, and the convenience of the Red Beach shopping center is only 500m away. This property is currently under offer, reflecting its desirability in a prime location.
Updated on May 01, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $860,750 | -19.7% | 6 |
2022 | $1,072,000 | 2.1% | 6 |
2021 | $1,050,000 | 31.7% | 19 |
2020 | $797,500 | 9.2% | 18 |
2019 | $730,000 | 2.4% | 21 |
2018 | $713,000 | -7.3% | 25 |
2017 | $769,000 | 10.3% | 24 |
2016 | $697,000 | 15.2% | 29 |
2015 | $605,000 | 4% | 25 |
2014 | $581,750 | - | 22 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.31 km | 3 | 1 | 120m2 | Year 2024 Month 04 Day 04 | $1,195,000 | Council approved | |
0.04 km | 2 | 1 | 81m2 | Year 2024 Month 03 Day 15 | $680,000 | Council approved | ||
 | 0.32 km | 3 | 2 | 200m2 | Year 2024 Month 02 Day 16 | $1,137,500 | Council approved | |
 | 0.20 km | 2 | 1 | -m2 | Year 2024 Month 01 Day 26 | $900,000 | Council approved | |
 | 0.27 km | 5 | 230m2 | Year 2023 Month 12 Day 15 | $1,025,000 | Council approved |