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3a/18 Joseph Banks Terrace, Remuera, Auckland, 3 Bedrooms, 0 Bathrooms

Sold: $1,000,000

Sold on 2024 Year 2024 Month 08 Day 18

3a/18 Joseph Banks Terrace, Remuera, Auckland

3
133m2

Nestled in the serene Joseph Banks Terrace, this residential apartment complex, built in 1996, offers a prime living experience. The 3-bedroom unit, with a floor area of 133 square meters, boasts a concrete exterior in good condition and a mixed-material roof同样in excellent state. It comes with 2 car parks and is governed by a Unit Title, ensuring privacy and security in this levelled property.

Since 2017, the capital value has seen a significant increase of 40.15%, reaching $1,850,000 as per the latest government valuation in June 2021. The HouGarden AVM estimates the property at $1,775,000, while the latest sale history shows a transaction for $1,000,000 in August 2024, following a previous sale at $1,560,000 in August 2018.

For families with school-aged children, the property falls within the zones of Auckland Grammar (Decile 9) for secondary education, Newmarket School (Decile 7) for contributing education, Epsom Girls' Grammar School (Decile 9) for secondary education, and Remuera Intermediate (Decile 8), ensuring access to high-quality education.

Updated on October 16, 2024

Council Data

Last update : 2025 01 09
Improvement value$1,020,000Increased by 39% from year 2017
Land value$830,000Increased by 40% from year 2017
CV(Year 2021 Month 06)$1,850,000Increased by 40% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Floor area133m²
Decade of construction1996
TitleNA108B/438
Type of titleUnit Title
Legal descriptionAU 12 UP 175956, AU 13 UP 175956, AU 52 UP 175956, PT AU 59 UP 175956, UNIT
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 3A AND ACCESSORY UNIT 12-13 AND 52 AND 1/3 SHARE IN ACCESSORY UNIT 59 DEPOSITED PLAN 175956
Council rates$4,141.70
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Newmarket School
0.46 km
Primary
1-6
Government
Co-Educational
EQI: 381
7
Epsom Girls Grammar School
0.84 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Grammar School
0.93 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Remuera Intermediate
2.58 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:-
Title:Unit Title

Surrounding facilities

Joseph Banks Terrace Neighborhood and Surrounding Data

Suburbs

Data analysis - Remuera properties data
Sales count(Last 12 months)
18View
Type: Unit
Sales median price(Last 12 months)
$1,980,000
Low: $775,000, High: $5,500,000
Rent median price(Last 12 months)
$870
Low: $200, High: $1,550
Remuera property trend
Year
Median price
Growth
Sales count
2024
$1,980,000
-9.4%
18
2023
$2,185,000
-2.6%
24
2022
$2,243,000
-2.6%
32
2021
$2,302,000
28.6%
49
2020
$1,790,000
3.5%
28
2019
$1,730,000
-17%
31
2018
$2,085,000
14.1%
39
2017
$1,827,500
20.8%
30
2016
$1,512,500
4.9%
32
2015
$1,442,000
25.4%
35
2014
$1,150,000
-
33

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
509/26 Remuera Road, Newmarket
0.28 km
3
3
0m2
Year 2024 Month 12 Day 01
-
Council approved
616/26 Remuera Road, Newmarket
0.30 km
3
2
96m2
Year 2024 Month 10 Day 15
$890,000
Council approved
616/26 Remuera Road, Newmarket
0.28 km
3
2
132m2
Year 2024 Month 10 Day 07
$890,000
Council approved
3A/18 Joseph Banks Terrace, Remuera
0.17 km
3
2
0m2
Year 2024 Month 09 Day 01
$1,000,000
Council approved
2d/36 James Cook Crescent, Remuera
0.07 km
2
1
76m2
Year 2024 Month 07 Day 23
$1,049,000
Council approved

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