Located at 22 Summit Drive, Torbay, Auckland - North Shore, this exceptional property features 4 bedrooms, a spacious floor area of 253m2, and sits on a generous 921m2 of level, freehold land. The home, constructed in 1970 with wood walls and an iron roof, both in good condition, is categorized as Residential - Vacant land multiple housing. This two-level family abode offers not only breathtaking sea views of the Hauraki Gulf but also a swimming pool and ample parking, highlighting the potential for further development without the need to remove the existing home.
From a financial perspective, the property has seen a significant increase in capital value, from $1,525,000 in July 2017 to $1,975,000 in June 2021, marking a 29.51% growth. The latest HouGarden AVM estimates the property's value at $1,892,500. Historical sales data reveals a sale for $430,000 in July 2002 and $320,000 in May 1994, demonstrating substantial value appreciation over time.
Education is a priority, and this property does not disappoint, being zoned for top-tier schools including Long Bay College, Glamorgan School, and Northcross Intermediate, all boasting a decile rating of 10. This ensures access to high-quality education, making it an ideal location for families.
Updated on April 06, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,305,000 | -5.2% | 56 |
2022 | $1,376,000 | -2.3% | 49 |
2021 | $1,408,000 | 25.4% | 86 |
2020 | $1,123,000 | 3.3% | 90 |
2019 | $1,087,500 | 0.2% | 74 |
2018 | $1,085,000 | -1.4% | 95 |
2017 | $1,100,000 | 2.8% | 67 |
2016 | $1,070,000 | 14.7% | 101 |
2015 | $932,500 | 16.6% | 112 |
2014 | $800,000 | - | 98 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 4 | 2 | 180m2 | 2024年03月13日 | $1,010,000 | Council approved | |
0.17 km | 7 | 260m2 | 2023年11月21日 | $1,500,000 | Council approved | |||
 | 0.17 km | 4 | 2 | 0m2 | 2023年11月16日 | $1,515,000 | Council approved | |
0.20 km | 4 | 146m2 | 2023年11月03日 | $1,240,000 | Council approved | |||
 | 0.17 km | 4 | 3 | -m2 | 2023年11月01日 | - | Council approved |