Located at 6 Paapaka Way, Waiuku, Auckland - Franklin, this brand new Brick & Tile home is a gem in a quiet cul-de-sac. It boasts 4 bedrooms and an unspecified number of bathrooms, with a total land area of 400m2. Despite having no specified floor area or car parks, its freehold ownership type ensures that the buyer has full rights to the property. The construction details of the roof and walls remain unknown, as does the building age, but the property is described as having a level contour, indicating ease of access and potential for landscaping.
From a financial perspective, the property has seen significant growth. Initially valued at $330,000 on June 1, 2021, its capital value has seen fluctuations, with a HouGarden AVM of $325,000. However, the latest sale on December 13, 2023, astonishingly reached $908,000, showcasing a rapid increase in value. This growth is indicative of the property's desirability and the area's increasing market value.
The property is ideally located for families, being in the zone for Sandspit Road School and Waiuku College, both of which have a decile rating of 6. This indicates a moderate level of socio-economic advantage, suggesting a supportive and well-resourced educational environment for children. The home's proximity to essential amenities and recreational spots like Kariotahi Beach further enhances its appeal to potential buyers looking for a blend of convenience and lifestyle.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $995,000 | -5.2% | 53 |
2022 | $1,050,000 | 9.7% | 67 |
2021 | $957,000 | 26.8% | 96 |
2020 | $755,000 | 5.6% | 105 |
2019 | $715,000 | -0.1% | 95 |
2018 | $716,000 | 4.2% | 126 |
2017 | $687,000 | 9.1% | 121 |
2016 | $629,500 | 13.4% | 152 |
2015 | $555,000 | 18.7% | 160 |
2014 | $467,500 | - | 120 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 2.28 km | 4 | 2 | -m2 | 2024年01月25日 | $850,000 | Council approved | |
3.40 km | 3 | 142m2 | 2023年12月15日 | $755,000 | Council approved | |||
 | 0.09 km | 3 | 2 | -m2 | 2023年12月01日 | $838,000 | Council approved | |
0.12 km | 6 | 0m2 | 2023年12月01日 | $261,667 | Council approved | |||
0.14 km | 0m2 | 2023年12月01日 | $261,666 | Council approved |