Nestled in the serene neighborhood of Saint Johns, Auckland - City, the property at 3/38 Merton Road is a testament to classic design and convenience. This residential unit, part of a small enclave, boasts 2 bedrooms, 1 bathroom, and a carport for parking. The single-level unit spans a floor area of 60 square meters, with a generous master bedroom featuring a large wardrobe. Its simple yet functional kitchen offers ample storage and potential for upgrades. The living area opens up to a spacious grassed yard, perfect for relaxation or entertainment. Constructed in 1960, the property features brick walls and tile roofing, both in good condition, and sits on a level contour under a Unit Title ownership.
Over the years, the property has seen significant financial growth. From a capital value of $580,000 in July 2017, it surged to $760,000 by June 2021, marking a 31.03% increase. The latest HouGarden AVM estimates its value at $750,000. The property's sale history highlights its appreciating value, with sales recorded at $535,000 in May 2015 and $135,000 in January 2001. This upward trend underscores the property's potential as a smart financial investment.
Education is a priority, and this property does not disappoint. It is zoned for Stonefields School and Selwyn College, both reputable institutions with decile ratings of 9 and 4, respectively. Stonefields School offers full primary education, while Selwyn College caters to secondary education from Year 9 to 15. Baradene College, another esteemed secondary school (Year 7-15), is also within reach, boasting a decile rating of 9. This property is not just a home but a gateway to quality education.
Updated on March 22, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $777,000 | 17.7% | 7 |
2022 | $660,000 | 1.5% | 1 |
2021 | $650,000 | 9.2% | 7 |
2020 | $595,000 | 3.5% | 4 |
2019 | $575,000 | -17.6% | 3 |
2018 | $697,500 | -0.2% | 2 |
2017 | $698,750 | 22% | 6 |
2016 | $572,750 | 11.5% | 2 |
2015 | $513,500 | -2.7% | 12 |
2014 | $527,500 | - | 5 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 3 | 1 | 0m2 | 2024年03月05日 | $1,100,000 | Council approved | |
 | 0.04 km | 3 | 1 | -m2 | 2024年02月28日 | $1,131,000 | Council approved | |
0.69 km | 3 | 3 | 83m2 | 2023年12月04日 | $909,977 | Council approved | ||
 | 0.17 km | 3 | 1 | 154m2 | 2023年11月29日 | $1,445,000 | Council approved | |
0.21 km | 4 | 153m2 | 2023年11月25日 | $1,391,304 | Council approved |