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1b Cherry Place, Waiuku, Auckland - Franklin, 3 Bedrooms, 0 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 07 Day 10

1b Cherry Place, Waiuku, Auckland - Franklin

3
120m2

Welcome to 1B Cherry Place, a charming residential unit in the tranquil Waiuku, Auckland - Franklin. Constructed in 1981 with durable brick walls and iron roofing, this cross-lease property offers 3 comfortable bedrooms and is maintained in good condition both inside and out. The 120sqm floor area provides ample space for a cozy lifestyle. This low-maintenance gem is perfect for first-time buyers or retirees seeking a peaceful retreat.

With a significant increase of 39.13% in Capital Value from $460,000 in 2017 to $640,000 in 2021, and an estimated value of $597,500 by HouGarden AVM, this property presents a sound investment. Notably, the latest sale history shows a consistent rise, from $165,000 in 2000 to $166,281 in 2007, indicating a steadily appreciating market value.

For families with school-aged children, this property falls within the catchment area of Waiuku College, a secondary school with a decile rating of 6. The convenient location, coupled with the property's solid structure and potential for value growth, makes it an attractive proposition for those seeking a quality lifestyle and educational opportunities.

Updated on July 10, 2024

Council Data

Last update : 2025 02 26
Improvement value$380,000Increased by 52% from year 2017
Land value$260,000Increased by 23% from year 2017
CV(Year 2021 Month 06)$640,000Increased by 39% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area120m²
Decade of construction1981
TitleNA52A/728
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 96116, LOT 15 DP 65316
CouncilAuckland - Franklin
Estate descriptionFSIM,1/2,LOT 15 DEPOSITED PLAN 65316,814m2
Council rates$1,770.66
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
1.66 km
Secondary
9-15
Government
Co-Educational
EQI: 470
6

Property history

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

Surrounding facilities

Cherry Place Neighborhood and Surrounding Data

Suburbs

Data analysis - Waiuku properties data
Waiuku property trend
Year
Median price
Growth
Sales count
2024
$637,500
1.2%
10
2023
$630,000
-4.8%
8
2022
$662,000
7.2%
9
2021
$617,500
26.4%
8
2020
$488,500
0.7%
10
2019
$485,000
-1.4%
15
2018
$492,000
2.5%
15
2017
$480,000
4.3%
13
2016
$460,000
31.4%
9
2015
$350,000
13.3%
13
2014
$309,000
-
9

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5 Margaret Place, Waiuku
0.21 km
4
2
-m2
Year 2025 Month 02 Day 19
$700,000
Council approved
102 Racecourse Road, Waiuku
0.06 km
4
1
-m2
Year 2025 Month 01 Day 01
-
Council approved
20 Harbour Crest Drive, Waiuku
0.26 km
5
1
111m2
Year 2024 Month 11 Day 01
$921,000
Council approved
20 & 20A Harbour Crest Drive, Waiuku
0.27 km
5
2
111m2
Year 2024 Month 11 Day 01
-
Council approved
29 Harbour Crest Drive, Waiuku
0.23 km
4
2
-m2
Year 2024 Month 10 Day 01
$900,000
Council approved

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