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Sold: $1,220,000

Sold on 2024 Year 2024 Month 08 Day 20

5 Reid Court, Wainui, Auckland - Rodney

4
180m2
550m2

Nestled in the serene cul-de-sac of Reid Court, Wainui, Auckland, lies a stunning 4-bedroom, 2-car park family home on a sprawling 550 sqm section. This freehold property, built in 2024, boasts of a solid iron roof and well-maintained wooden walls. With a capital value of $1,380,000 as of June 2021, it has seen a remarkable increase, evident from the latest sale of $1,220,000 in August 2024, and a HouGarden AVM of $1,387,500. The home features a well-thought-out floor plan with central heating, a gourmet kitchen with Bosch appliances, and a large deck that seamlessly transitions into a beautifully landscaped garden. It is situated in a prime location, with schools like Orewa College and Wainui School, both with a decile rating of 9, making it an ideal choice for families.

History shows a rapid growth in the property's value, with a notable increase from the previous sale of $513,913 in March 2023. The property's capital value has been on a steady rise, making it a sound investment for the fortunate buyer. The home comes with a 10-year Master Build Guarantee and additional features like LED bathroom mirror lighting and under-tile floor heating, offering both comfort and luxury.

For families with children, the property falls within the catchment area of highly-rated schools. Orewa College, a secondary school with a decile rating of 9, and Wainui School, a full primary school also with a decile rating of 9, ensure quality education is within easy reach. This property is not just a home but a wise investment in a family's future.

Updated on October 02, 2024

Council Data

Last update : 2025 02 12
Improvement value$550,000
Land value$830,000
CV(Year 2021 Month 06)$1,380,000
View typeNo appreciable view
ContourLevel
Land area550m²
Floor area180m²
Decade of construction2024
Title1088331
Type of titleFreehold
Legal descriptionLOT 25 DP 581992 1/6 SH LOT 6001 DP 581992
CouncilAuckland - Rodney
Estate descriptionFSIM,1/1,LOT 25 DEPOSITED PLAN 581992,550m2
Council rates$2,241.43
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ahutoetoe School
1.96 km
Primary
1-6
Government
Co-Educational
-
-
Orewa College
2.71 km
Secondary
7-15
Government
Co-Educational
EQI: 431
9
Wainui School
6.22 km
Primary
1-8
Government
Co-Educational
EQI: 419
9

Property history

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Unitary plan:Residential - Mixed Housing Suburban Zone
Land:550m²
Title:Freehold

Surrounding facilities

Reid Court Neighborhood and Surrounding Data

Suburbs

Data analysis - Wainui properties data
Wainui property trend
Year
Median price
Growth
Sales count
2024
$1,208,000
-1.6%
71
2023
$1,228,000
6.2%
129
2022
$1,156,000
-10.9%
75
2021
$1,297,500
127.6%
70
2020
$570,000
-45.3%
103
2019
$1,042,500
-18.2%
22
2018
$1,275,000
-27.1%
12
2017
$1,749,000
19.6%
8
2016
$1,462,500
12.5%
10
2015
$1,300,000
4%
13
2014
$1,250,000
-
7

Mortgage

Sold nearby

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Distance
Bed
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Floor area
Sold date
Sold
Data source
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$1,285,000
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14 Puruatanga Road, Millwater
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3
217m2
Year 2024 Month 10 Day 01
$1,270,000
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12 Puruatanga Road, Wainui
0.09 km
5
197m2
Year 2024 Month 09 Day 11
$1,200,000
Council approved
10 Puruatanga Road, Millwater
0.08 km
4
2
-m2
Year 2024 Month 09 Day 01
$1,220,000
Council approved

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