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5 Matahae Crescent, Wainui, Auckland - Rodney, 4 Bedrooms, 0 Bathrooms, House

Sold: $1,355,000

Sold on 2024 Year 2024 Month 05 Day 01

5 Matahae Crescent, Wainui, Auckland - Rodney

4
179m2
402m2

Nestled at 5 Matahae Crescent in the serene Wainui, Auckland - Rodney, this exquisite 4-bedroom, 2-carpark dwelling boasts a floor area of 179sqm and is set on a sprawling 402sqm of freehold land. Constructed with a robust wood exterior and a fibrous cement roof, this 2024-built residence is in a prime condition, both in walls and roof. The property's capital value has seen a substantial growth, reflecting a promising investment. The residence is a haven of modern living, with an open layout that harmoniously blends living areas, kitchen, and lounge, leading out to a grand fenced deck and garden, perfect for all-weather entertainment. The chef-inspired kitchen is equipped with top-notch appliances. Three beautifully appointed main bedrooms ensure privacy and comfort, alongside a separate bedroom that adds a layer of flexibility. Within a level contour, this property is close to the high-rating Orewa College (Decile 9) and Ahutoetoe School (Decile 0), making it an ideal family home. The HouGarden AVM estimates the property at $1,117,500, while the latest government valuation pegs it at $1.2 million, indicating a significant CV increase. This brand-new home in Milldale is not just a residence but a wise investment.

With a history of rapid capital value appreciation, this property's CV has shown an impressive increase, reflecting a sound investment. The recent HouGarden AVM of $1,117,500 and the government valuation of $1.2 million (as of June 2021) are testament to its rising value. The property's sale history further cements its desirability in the market.

For families with children, the school zone is a significant plus. The property falls within the catchment area of Orewa College, a highly esteemed secondary school with a decile rating of 9, and Ahutoetoe School, a contributing primary school. This makes the property an excellent choice for those seeking top-notch education facilities for their children.

Updated on May 17, 2024

Council Data

Last update : 2025 02 26
Improvement value$690,000
Land value$510,000
CV(Year 2021 Month 06)$1,200,000
View typeNo appreciable view
ContourLevel
Land area402m²
Floor area179m²
Decade of construction2024
Title1122016
Type of titleFreehold
Legal descriptionLOT 9 DP 588538
CouncilAuckland - Rodney
Estate descriptionFSIM,1/1,LOT 9 DEPOSITED PLAN 588538,402m2
ConstructionExternal Walls: Wood
Roof: Fibrous Cement
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Urban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ahutoetoe School
1.12 km
Primary
1-6
Government
Co-Educational
-
-
Orewa College
3.82 km
Secondary
7-15
Government
Co-Educational
EQI: 431
9

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:402m²
Title:Freehold

Surrounding facilities

Matahae Crescent Neighborhood and Surrounding Data

Suburbs

Data analysis - Wainui properties data
Wainui property trend
Year
Median price
Growth
Sales count
2024
$1,204,000
-1.8%
72
2023
$1,225,500
6%
130
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

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Sold date
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Data source
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-
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2
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22 Matahae Crescent, Milldale
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3
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Year 2024 Month 10 Day 01
$1,550,000
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5
3
245m2
Year 2024 Month 10 Day 01
$1,460,000
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