Discover the epitome of luxury living in this 1930s' Remuera residence at 47 Market Road, Auckland - City. This exceptional property boasts six spacious bedrooms, a generous floor area of 568 sqm, and sits on a substantial land area of 2713 sqm. The freehold home is characterized by its wood construction, tile roof, and is in good condition, reflecting its well-maintained status since its build in 1930. The property's contour is described as easy/moderate rise, making it an attractive and manageable site. This residential home & income category property offers a unique blend of charm and potential.
From a financial perspective, the property has seen a significant increase in capital value, from $8,200,000 in July 2017 to $9,800,000 in June 2021, marking a 19.51% rise. The HouGarden AVM estimates its value at $9,640,000. Historical sales data reveals a substantial growth in value, with the latest sale recorded at $3,775,000 in July 2011, up from $528,000 in September 1994. This trajectory underscores the property's exceptional investment potential and its appeal in the market.
Education is a priority for many families, and this property does not disappoint. It falls within the zones of highly regarded schools, including Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Remuera School, all boasting high decile ratings. This prestigious location ensures access to top-tier education, making it an ideal choice for families seeking the best for their children.
Updated on April 02, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $7,260,000 | 83.8% | 7 |
2022 | $3,950,000 | -21.4% | 8 |
2021 | $5,025,000 | -8.4% | 16 |
2020 | $5,487,500 | 72.5% | 18 |
2019 | $3,181,920 | -8.6% | 7 |
2018 | $3,480,000 | 6.6% | 17 |
2017 | $3,265,000 | -11.8% | 16 |
2016 | $3,700,000 | 12.1% | 9 |
2015 | $3,300,000 | -12.7% | 17 |
2014 | $3,780,000 | - | 16 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 4 | 3 | 251m2 | 2024年04月21日 | $1,590,000 | Council approved | |
 | 0.24 km | 6 | 3 | 278m2 | 2024年02月28日 | $5,700,000 | Council approved | |
0.25 km | 4 | 159m2 | 2024年02月01日 | $2,575,000 | Council approved | |||
 | 0.35 km | 3 | 1 | 153m2 | 2024年01月31日 | $2,950,000 | Council approved | |
 | 0.35 km | 4 | 180m2 | 2024年01月12日 | $2,940,000 | Council approved |