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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 : 2025 02 05
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

Similar Properties

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

Salem Place Neighborhood and Surrounding Data

Suburbs

Data analysis - Torbay properties data
Torbay property trend
Year
Median price
Growth
Sales count
2024
$1,456,500
-2.8%
30
2023
$1,498,888
-3.3%
25
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
2/2 Salem Place, Torbay
0.05 km
3
1
150m2
Year 2024 Month 10 Day 10
-
Council approved
24 Sealy Road, Torbay
0.20 km
3
1
-m2
Year 2024 Month 10 Day 07
-
Council approved
12 Sealy Road, Torbay
0.27 km
4
2
182m2
Year 2024 Month 09 Day 18
-
Council approved
24 Salem Place, Torbay
0.12 km
5
231m2
Year 2024 Month 09 Day 02
$1,610,000
Council approved
2/24 Marina Road, Torbay
0.21 km
2
1
-m2
Year 2024 Month 09 Day 01
$840,000
Council approved

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