Located at 17 Marengo Parkway, Takanini, Auckland - Papakura, this modern two-storey home is a gem in the heart of Addison Park. Built in 2005, the property spans 184m² in floor area on a 290m² section. It boasts a freehold ownership type, ensuring no ongoing leasehold fees. The house is constructed with mixed materials for the walls and tiles for the roof, both in good condition. The property is level, making it accessible and easy to maintain. It features three bedrooms, a comfortable living space without specifying the number of bathrooms, and lacks carparking facilities, emphasizing its family-friendly design and modern conveniences such as a dishwasher, cooktop/oven, and a heat pump for heating.
The property has seen a significant increase in capital value, from $800,000 in July 2017 to $970,000 in June 2021, marking a 21.25% growth. The latest HouGarden AVM estimates its value at $955,000. Historical sales data reveals a steady appreciation in value, with sales recorded at $399,000 in April 2005 and $530,000 in December 2013. This trend underscores the property's investment potential and desirability in the market.
Education is a priority for many families, and this property is zoned for Papakura Normal School (Full Primary, decile 3), Papakura Intermediate (Intermediate, decile 1), and Papakura High School (Secondary (Year 9-15), decile 1). These schools provide a range of educational opportunities for children of all ages, making it an ideal location for families looking to settle in a community-focused area.
Updated on March 22, 2024.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $828,500 | -11.9% | 78 |
2022 | $940,000 | 8% | 85 |
2021 | $870,000 | 23.4% | 170 |
2020 | $705,000 | 8.5% | 149 |
2019 | $650,000 | -5.1% | 106 |
2018 | $685,000 | 3% | 106 |
2017 | $665,000 | 4.1% | 111 |
2016 | $639,000 | 15.2% | 99 |
2015 | $554,500 | 24.3% | 138 |
2014 | $446,250 | - | 146 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 5 | 3 | -m2 | 2024年04月10日 | $955,000 | Council approved | |
 | 0.07 km | 4 | 2 | 184m2 | 2024年03月26日 | $1,000,000 | Council approved | |
 | 0.11 km | 5 | 3 | 204m2 | 2024年01月03日 | $1,232,000 | Council approved | |
 | 0.17 km | 4 | 168m2 | 2023年12月15日 | $840,000 | Council approved | ||
 | 0.08 km | 3 | 2 | 165m2 | 2023年12月06日 | $968,000 | Council approved |