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Sold: $674,000

Sold on 2024 Year 2024 Month 07 Day 01

26 Paetai Lane, Te Atatu Peninsula, Auckland - Waitakere

1
1
50m2
83m2

Nestled in the tranquility of 26 Paetai Lane, Te Atatu Peninsula, this freehold property is a charming residential unit. It boasts a single bedroom, a bathroom, and a carpark, with a floor area of 50 square meters on a levelled land plot of 83 square meters. Constructed with wood exterior walls and an iron roof, this property is just a few years old, built in 2024, and is in good condition both inside and out. The property's government valuation as of June 2021 stands at $710,000.

Reflecting a steady growth, the property's capital value has shown an increase, further supported by the HouGarden AVM of $690,000 and the latest sale record on July 1, 2024, at $674,000. This indicates a promising investment with a potential for value appreciation.

For families with children, the property falls within a desirable school zone. With a decile rating that signifies a high standard of education, the nearby schools are an added bonus to this already attractive property.

Updated on August 21, 2024

Council Data

Last update : 2025 01 22
Improvement value$300,000
Land value$410,000
CV(Year 2021 Month 06)$710,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area83m²
Floor area50m²
Decade of construction2024
Title1155149
Type of titleFreehold
Legal descriptionLOT 50 DP 596836 1/50 SH LOT 100 DP 596836
CouncilAuckland - Waitakere
Estate descriptionFSIM,1/1,LOT 50 DEPOSITED PLAN 596836,83m2
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
2.21 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:83m²
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)
$654,350
Low: $495,000, High: $674,000
Rent median price(Last 12 months)
$497
Low: $415, High: $620
Te Atatu Peninsula property trend
Year
Median price
Growth
Sales count
2024
$654,350
0.7%
16
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
22 Paetai Lane, Te Atatu Peninsula
0.00 km
1
1
50m2
Year 2024 Month 09 Day 16
$659,000
Council approved
35 Paetai Lane, Te Atatu Peninsula
0.00 km
2
1
76m2
Year 2024 Month 09 Day 09
$769,000
Council approved
33c Matipo Road, Te Atatu Peninsula
0.02 km
1
1
55m2
Year 2024 Month 09 Day 05
$669,000
Council approved
35c Matipo Road, Te Atatu Peninsula
0.02 km
1
1
55m2
Year 2024 Month 08 Day 29
$660,000
Council approved

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