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Sold: $659,000

Sold on 2024 Year 2024 Month 09 Day 16

22 Paetai Lane, Te Atatu Peninsula, Auckland - Waitakere

1
1
50m2
52m2

Nestled at the end of a quiet cul-de-sac on 22 Paetai Lane, Te Atatu Peninsula, this brand new one-bedroom townhouse boasts a freehold title and a level contour. Constructed with wood exterior walls and an iron roof, the 50 square meter floor area is complemented by a 52 square meter land area, a single carpark, and a well-maintained building condition. The property, valued at $690,000 according to the June 2021 government valuation, has seen a rapid increase in its capital value over the years.

With a recent sale on September 16, 2024, for $659,000, the property's HouGarden AVM estimates the value at $685,000, indicating a significant growth percentage. This townhouse not only offers modern living but also presents a promising investment opportunity with its increasing capital value.

For families with children, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for your little ones.

Updated on November 06, 2024

Council Data

Last update : 2025 01 15
Improvement value$300,000
Land value$390,000
CV(Year 2021 Month 06)$690,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area52m²
Floor area50m²
Decade of construction2024
Title1155147
Type of titleFreehold
Legal descriptionLOT 48 DP 596836 1/50 SH LOT 100 DP 596836
CouncilAuckland - Waitakere
Estate descriptionFSIM,1/1,LOT 48 DEPOSITED PLAN 596836,52m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Matipo Road School
0.29 km
Primary
1-6
Government
Co-Educational
EQI: 393
7
Peninsula Primary School
0.83 km
Primary
1-6
Government
Co-Educational
EQI: 420
5
Colwill School Massey
0.87 km
Primary
1-8
Government
Co-Educational
EQI: 508
2
Te Atatu Intermediate
1.09 km
Secondary
7-8
Government
Co-Educational
EQI: 439
6
Rutherford College
1.98 km
Secondary
9-15
Government
Co-Educational
EQI: 462
5
Rutherford School
2.03 km
Primary
1-6
Government
Co-Educational
EQI: 431
5
West Harbour School
2.20 km
Primary
1-8
Government
Co-Educational
EQI: 499
2
Royal Road School
2.22 km
Primary
1-8
Government
Co-Educational
EQI: 503
2
Marina View School
2.24 km
Primary
1-8
Government
Co-Educational
EQI: 383
8
Lincoln Heights School
2.32 km
Primary
1-8
Government
Co-Educational
EQI: 496
2

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:52m²
Title:Freehold

Surrounding facilities

Paetai Lane Neighborhood and Surrounding Data

Suburbs

Data analysis - Te Atatu Peninsula properties data
Sales count(Last 12 months)
14View
Type: Freehold
Sales median price(Last 12 months)
$659,000
Low: $495,000, High: $674,000
Rent median price(Last 12 months)
$500
Low: $415, High: $620
Te Atatu Peninsula property trend
Year
Median price
Growth
Sales count
2024
$659,000
1.4%
15
2023
$650,000
1.2%
5
2022
$642,000
7.2%
1
2021
$599,000
3.3%
11
2020
$580,000
-51.5%
17
2019
$1,195,000
6.7%
2
2017
$1,120,000
107.8%
3
2016
$539,000
21.1%
9
2015
$445,000
-39.5%
3
2014
$735,000
-
3

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
49 Paetai Lane, Te Atatu Peninsula
0.00 km
2
1
79m2
Year 2024 Month 09 Day 26
$700,000
Council approved
0.00 km
2
1
76m2
Year 2024 Month 09 Day 09
$769,000
Council approved
0.03 km
1
1
55m2
Year 2024 Month 09 Day 05
$669,000
Council approved
0.03 km
1
1
55m2
Year 2024 Month 08 Day 29
$660,000
Council approved
0.00 km
3
1
99m2
Year 2024 Month 08 Day 01
$854,000
Council approved

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