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Sold: $580,000

Sold on 2024 Year 2024 Month 08 Day 31

108/3 Rauemi Way, Te Atatu South, Auckland - Waitakere

2
1
50m2

Nestled in the tranquility of 108/3 Rauemi Way, Te Atatu South, this Auckland property is a charming residential apartment. It boasts 2 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 50 square meters. The unit is governed by a Unit Title, ensuring clear ownership rights. The Iron roof and Concrete walls are both in good condition, reflecting the building's youth as it was constructed in 2024. The property stands on a level contour, adding to its ease of living. This home is not only a comfortable abode but also a sound investment, given its increasing value.

As per the latest valuations, the Capital Value (CV) as of June 2021 stands at $560,000, while the HouGarden AVM estimates it at $537,500. The property's worth has seen a tangible increase, marked by the recent sale on August 31, 2024, at $580,000. This represents a significant growth percentage, making it an attractive prospect for potential buyers.

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 the young ones. This aspect adds another layer of appeal to an already promising property.

Updated on October 16, 2024

Council Data

Last update : 2025 01 22
Improvement value$310,000
Land value$250,000
CV(Year 2021 Month 06)$560,000
View typeNo appreciable view
ContourLevel
Floor area50m²
Decade of construction2024
Title1158500
Type of titleUnit Title
Legal descriptionUNIT 1A DP 593650 AUA108
CouncilAuckland - Waitakere
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 1A DEPOSITED PLAN 593650 AND ACCESSORY UNIT A108 DEPOSITED PLAN 593650
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Freyberg Community School
0.49 km
Primary
1-6
Government
Co-Educational
EQI: 431
5
Tirimoana School
0.55 km
Primary
1-6
Government
Co-Educational
EQI: 424
5
Rangeview Intermediate
0.96 km
Secondary
7-8
Government
Co-Educational
EQI: 464
4
Glendene School
1.31 km
Primary
1-6
Government
Co-Educational
EQI: 505
2
Edmonton School
1.36 km
Primary
1-6
Government
Co-Educational
EQI: 458
4
Henderson School
1.50 km
Primary
1-6
Government
Co-Educational
EQI: 494
3
Flanshaw Road School
1.71 km
Primary
1-6
Government
Co-Educational
EQI: 442
5
Holy Cross Catholic School (Henderson)
1.86 km
Primary
1-8
Government
Co-Educational
EQI: 424
3
Henderson Intermediate
2.26 km
Secondary
7-8
Government
Co-Educational
EQI: 492
3
Henderson High School
2.27 km
Secondary
9-15
Government
Co-Educational
EQI: 480
3

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:-
Title:Unit Title

Surrounding facilities

Rauemi Way Neighborhood and Surrounding Data

Suburbs

Data analysis - Te Atatu South properties data
Te Atatu South property trend
Year
Median price
Growth
Sales count
2024
$592,000
-1%
11
2023
$598,000
-13%
3
2022
$687,050
-3.9%
9
2021
$715,000
47.4%
17
2020
$485,000
-16.4%
26
2019
$580,250
3.6%
8
2018
$560,000
-2.6%
9
2017
$575,000
5%
14
2016
$547,500
6.7%
12
2015
$513,000
39.8%
23
2014
$367,000
-
18

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
124/172 McLeod Road, Te Atatu South
0.03 km
2
1
99m2
Year 2025 Month 01 Day 21
-
Council approved
117/172 Mcleod Road, Te Atatu South
0.06 km
2
1
-m2
Year 2024 Month 11 Day 13
$580,500
Council approved
152 Mcleod Road, Te Atatu South
0.06 km
2
1
82m2
Year 2024 Month 10 Day 30
$710,000
Council approved
116/172 McLeod Road, Te Atatu South
0.01 km
2
1
78m2
Year 2024 Month 10 Day 24
$535,000
Council approved
0.05 km
2
1
53m2
Year 2024 Month 09 Day 09
$625,000
Council approved

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