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17a Meachen Terrace, Waiuku, Auckland - Franklin, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $550,000

Sold on 2024 Year 2024 Month 10 Day 29

17a Meachen Terrace, Waiuku, Auckland - Franklin

2
1
90m²

Nestled in the heart of Waiuku at 17a Meachen Terrace, this charming brick unit on a level contour boasts 2 bedrooms, 1 bathroom, and a spacious floor area of 90sqm. Constructed in 1973 with a brick exterior and tile roofing, both the walls and roof are in good condition. It is situated on a cross-lease title, providing a low-maintenance lifestyle with easy access to local amenities. The property features a cozy kitchen with a bay window, a large living area equipped with a heat pump for year-round comfort, and a compact patio for outdoor relaxation.

As per the latest records, the capital value has shown a significant increase from $430,000 in July 2017 to $500,000 as of June 2021, indicating a growth rate of 16.28%. The HouGarden AVM estimates the property value at $495,000, while the latest sale history shows a transaction at $550,000 in October 2024, previously sold for $220,000 in March 2007. This trend highlights the investment potential of this property in a prime location.

For families with children, the property falls within the zones of Sandspit Road School, a full primary with a decile rating of 6, and Waiuku College, a secondary school catering to Year 9-15, also with a decile rating of 6. This makes it an ideal choice for those seeking quality education in a family-friendly environment.

Updated on November 20, 2024

Council Data

Last update : 2025 03 19
Improvement value$210,000Increased by 5% from year 2017
Land value$290,000Increased by 26% from year 2017
CV(Year 2021 Month 06)$500,000Increased by 16% from year 2017
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1973
TitleNA27A/935
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 70423, LOT 6 DP 67208
CouncilAuckland - Franklin
Estate descriptionFSIM,1/2,LOT 6 DEPOSITED PLAN 67208,809m2
Council rates$1,533.09
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waiuku College
0.67 km
Secondary
9-15
Government
Co-Educational
EQI: 470
6
Sandspit Road School
0.73 km
Primary
1-8
Government
Co-Educational
EQI: 453
6

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Meachen Terrace Neighborhood and Surrounding Data

Suburbs

Data analysis - Waiuku properties data
Waiuku property trend
Year
Median price
Growth
Sales count
2024
$517,500
-5.9%
14
2023
$550,000
-10.5%
7
2022
$614,500
4%
8
2021
$591,000
33.3%
16
2020
$443,500
3.1%
14
2019
$430,000
-2.5%
19
2018
$440,900
10.1%
20
2017
$400,500
10.5%
14
2016
$362,500
16.9%
18
2015
$310,000
19.2%
40
2014
$260,000
-
17

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
41a Edgewater Parade, Waiuku
0.24 km
2
1
90m2
Year 2025 Month 02 Day 10
$557,500
Council approved
2 Meachen Terrace, Waiuku
0.18 km
2
1
90m2
Year 2025 Month 01 Day 01
-
Council approved
48 Edgewater Parade, Waiuku
0.31 km
3
2
170m2
Year 2024 Month 12 Day 04
$885,000
Council approved
37 King Street, Waiuku
0.25 km
3
1
109m2
Year 2024 Month 10 Day 23
$500,000
Council approved
12 Owens Road, Waiuku
0.20 km
3
1
142m2
Year 2024 Month 10 Day 15
$720,000
Council approved

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