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8 Salem Place, Torbay, Auckland - North Shore, 5 Bedrooms, 3 Bathrooms, House

Sold: $1,720,000

Sold on 2024 Year 2024 Month 05 Day 01

8 Salem Place, Torbay, Auckland - North Shore

5
3
160m2
812m2

Nestled at 8 Salem Place, Torbay, Auckland, this freehold property is a charming residential-vacant land with multiple housing potential. Constructed in 1960 with wood walls and an iron roof, it stands on a flat 812m2 site. The 5-bedroom, 3-bathroom home with a floor area of 160m2 and 3 carparks boasts an average wall and roof condition. The government's capital value has seen a 25% increase from $1,400,000 in 2017 to $1,750,000 as of 2021. HouGarden's AVM estimates the property at $1,625,000, while the latest sales were at $1,441,000 in 2016 and $290,500 in 2001. This property is in a prime school zone, with Long Bay College, Northcross Intermediate, and Torbay School all decile 10.

With a serene cul-de-sac location, the property offers a peaceful retreat with ocean views and an in-ground swimming pool. It's an entertainer's paradise, featuring a large designer kitchen, a sunny lounge, and double-glazed windows. The downstairs area provides privacy with a separate entry, making it ideal for extended family or flatmates. A large freestanding garage with a workshop and additional parking spaces adds convenience. This property is not just a home but a wise investment in a sought-after area.

Education is a priority with top-rated schools in the zone. Long Bay College is a secondary school catering to Years 9-15, while Northcross Intermediate and Torbay School are both decile 10 institutions. This property is perfect for families looking to secure a quality education for their children while enjoying the benefits of a serene and well-located home.

Updated on May 03, 2024

Council Data

Last update : 2024 06 12
Improvement value$100,000Reduced by -80% from year 2017
Land value$1,650,000Increased by 83% from year 2017
CV(Year 2021 Month 06)$1,750,000Increased by 25% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourLevel
Land area812m²
Floor area160m²
Decade of construction1960
TitleNA839/61
Type of titleFreehold
Legal descriptionLOT 85 D P 32494
CouncilAuckland - North Shore
Estate descriptionFSIM,1/1,LOT 85 DEPOSITED PLAN 32494,812m2
Council rates$4,119.40 2023/2024
ConditionExternal Walls: Average Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Torbay School
0.79 km
Primary
1-6
Government
Co-Educational
EQI: 395
10
Long Bay College
1.01 km
Secondary
9-15
Government
Co-Educational
EQI: 422
10
Northcross Intermediate
2.66 km
Secondary
7-8
Government
Co-Educational
EQI: 407
10

Property history

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Unitary plan:Residential - Mixed Housing Suburban Zone
Land:812m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Torbay properties data
Torbay property trend
Year
Median price
Growth
Sales count
2023
$1,478,444
-4.6%
24
2022
$1,550,000
3.3%
15
2021
$1,500,000
15.4%
34
2020
$1,300,000
11.1%
29
2019
$1,170,000
-5.2%
18
2018
$1,234,500
-3.1%
38
2017
$1,274,000
9.9%
34
2016
$1,159,000
19.3%
25
2015
$971,250
19.5%
47
2014
$813,000
-
33

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
24A Killarney Avenue
0.33 km
4
2
143m2
Year 2024 Month 06 Day 11
-
Council approved
4/6 Law Street
0.26 km
3
2
118m2
Year 2024 Month 04 Day 10
$1,075,000
Council approved
0.16 km
3
1
98m2
Year 2024 Month 03 Day 01
$1,478,820
Council approved
24 Killarney Avenue
0.33 km
4
2
155m2
Year 2024 Month 03 Day 01
$1,238,000
Council approved
22 Killarney Avenue
0.30 km
5
3
-m2
Year 2024 Month 02 Day 28
$1,550,000
Council approved

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