Nestled on a sprawling 1293sqm site in the serene Riverhead, 29 Cambridge Road presents a charming Kiwi classic with immense potential. This freehold property, built in 1950 with solid wood walls and iron roofing in good condition, boasts three bedrooms and two car parks. Step inside to find a layout thoughtfully designed for both entertainment and family comfort, with an open-plan living and kitchen area complemented by a separate lounge. The latest government valuation reflects a capital value of $1,430,000, a significant increase of 57.14% since 2017. The HouGarden AVM estimates the property at $1,332,500, while the latest sales history shows rapid appreciation from $410,000 in 2010 to $450,000 just seven months later. Educationally, the property falls within the zones of Massey High School (Decile 4), Riverhead School (Decile 9), and St Paul's School (Massey) - all testaments to the quality of the local education system.
With its subdividable land, convenient location near major hubs like Silverdale and Albany, and the allure of a quiet cul-de-sac street, this property is not just a home but a sound investment. Embrace the tranquility of Riverhead while being mere steps away from amenities, parks, and top-rated schools. Don't miss the opportunity to transform this house into your dream home and secure a piece of the Kiwi dream.
Part of a highly sought-after school network, this property is perfect for families looking to provide the best education for their children. With Massey High School's comprehensive secondary education and Riverhead School's esteemed primary curriculum, the academic journey is set to be both enriching and fulfilling. St Paul's School (Massey) further complements the educational landscape, ensuring a strong community foundation for your family's future.
Updated on May 20, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,094,854 | -21.8% | 20 |
2022 | $1,400,000 | -3.4% | 18 |
2021 | $1,450,000 | 46.1% | 21 |
2020 | $992,500 | 17.1% | 32 |
2019 | $847,500 | -11.3% | 16 |
2018 | $955,000 | 10.4% | 36 |
2017 | $865,000 | 11.7% | 21 |
2016 | $774,500 | -7.2% | 40 |
2015 | $835,000 | 34.7% | 24 |
2014 | $620,000 | - | 40 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.47 km | 4 | 2 | -m2 | Year 2024 Month 05 Day 01 | $1,730,000 | Council approved | |
 | 1.02 km | 5 | 3 | -m2 | Year 2024 Month 03 Day 08 | $1,525,000 | Council approved | |
 | 0.37 km | 5 | 4 | 353m2 | Year 2024 Month 02 Day 26 | $2,100,000 | Council approved | |
 | 0.25 km | 3 | 1 | -m2 | Year 2024 Month 02 Day 08 | $1,120,000 | Council approved | |
 | 0.23 km | 5 | 2 | 256m2 | Year 2024 Month 01 Day 26 | $1,635,000 | Council approved |