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23 Market Road, Remuera, Auckland, 4 Bedrooms, 0 Bathrooms, House

Sold: $2,940,000

Sold on 2024 Year 2024 Month 02 Day 01

23 Market Road, Remuera, Auckland

4
180m2
966m2

This classic villa at 23 Market Road, Remuera, Auckland - City, stands as a testament to timeless elegance and potential. Built in the 1900s, this residence boasts a wooden exterior, iron roof, and is in good condition, reflecting its heritage charm. The property spans 966m2 with an easy/moderate rise contour, featuring a floor area of 180m2. It includes four bedrooms, a formal and casual living area, and a unique street front garage with a loft for additional storage. The freehold property is perfectly positioned at the foothill of Mt Hobson, offering a blend of indoor and private alfresco spaces.

From a financial perspective, the capital value has seen a significant increase from $3,125,000 in 2017 to $3,700,000 in 2021, marking an 18.4% growth. The HouGarden AVM estimates its value at $3,004,500, while the latest sale in January 2024 fetched $2,940,000, up from $588,000 in 2008. This growth trajectory underscores the property's high-value potential and the lucrative opportunity it presents.

Education is a cornerstone of this property's appeal, with access to top schools such as Auckland Grammar, Epsom Girls' Grammar, Baradene College, Remuera Intermediate, and Remuera School, all boasting high decile ratings. This prestigious location offers unparalleled lifestyle and educational opportunities, making it a coveted address for families.

Updated on April 06, 2024.

Council Data

Last update : 2025 01 15
Improvement value$575,000Increased by 9% from year 2017
Land value$3,125,000Increased by 20% from year 2017
CV(Year 2021 Month 06)$3,700,000Increased by 18% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate rise
Land area966m²
Floor area180m²
Decade of construction1900
TitleNA9B/1457
Type of titleFreehold
Legal descriptionLOT 2 DP 42472
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 42472,966m2
Council rates$7,893.31
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Single House Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Remuera School
0.44 km
Primary
1-6
Government
Co-Educational
EQI: 357
10
Epsom Girls Grammar School
1.12 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Remuera Intermediate
1.19 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8
Baradene College
1.93 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9
Auckland Grammar School
2.12 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9

Property history

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For developers

Unitary plan:Residential - Single House Zone
Land:966m²
Title:Freehold

Surrounding facilities

Market Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Remuera properties data
Remuera property trend
Year
Median price
Growth
Sales count
2024
$2,765,000
-11.5%
100
2023
$3,125,444
-14%
78
2022
$3,635,000
14.5%
83
2021
$3,175,000
9.5%
126
2020
$2,900,000
9.8%
115
2019
$2,641,000
1.2%
100
2018
$2,609,500
-7.8%
118
2017
$2,831,000
14.2%
109
2016
$2,480,000
5.3%
112
2015
$2,355,500
17.8%
168
2014
$2,000,000
-
147

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Portland Road, Remuera
0.34 km
5
5
0m2
Year 2024 Month 11 Day 13
-
Council approved
3 Dromorne Road, Remuera
0.11 km
4
3
0m2
Year 2024 Month 11 Day 01
$3,320,000
Council approved
142 Great South Road, Remuera
0.39 km
2
1
-m2
Year 2024 Month 10 Day 05
-
Council approved
0.35 km
3
149m2
Year 2024 Month 09 Day 27
$2,600,000
Council approved
6 Patey Street, Epsom
0.35 km
3
1
0m2
Year 2024 Month 08 Day 01
$3,320,000
Council approved

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