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Sold: $1,450,000

Sold on 2024 Year 2024 Month 07 Day 19

107a Panorama Terrace, Queenstown, Queenstown Lakes

198m2

Nestled at 107a Panorama Terrace, Queenstown, in the serene Queenstown Lakes district, this residential ownership home unit boasts a prime location. Constructed in 1999 with wood exterior walls and an iron roof, the property is in good condition both inside and out. It features a single carpark and a floor area of 198 square meters, sitting on a steep fall contour. The ownership type is Unit Title, ensuring a clear and secure landholding status.

As per the valuation records, the capital value has shown a notable increase from $1,030,000 in July 2017 to $1,160,000 as of September 2021, reflecting a growth rate of 12.62%. The HouGarden AVM estimates the property's worth at $1,130,000, while the latest sale history shows transactions at $440,000 in April 2006 and a significant leap to $1,450,000 in July 2024.

For families with children, the property falls within the catchment area of both Queenstown Primary School and St Joseph's School, both of which are Full Primary schools with a decile rating of 10, indicating the high standard of education available in the zone.

Updated on August 14, 2024

Council Data

Last update : 2024 12 11
Improvement value$695,000Increased by 7% from year 2017
Land value$465,000Increased by 20% from year 2017
CV(Year 2021 Month 09)$1,160,000Increased by 12% from year 2017
View typeFocal Point Of view - Water
ContourSteep Fall
Floor area198m²
Decade of construction1999
TitleOT18B/14
Type of titleUnit Title
Legal descriptionPUA AUA1-AUA5 DP 26190 ON LOT 1 DP 25363 BLK XX SHOTOVER SD
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,UNIT A AND ACCESSORY UNIT A1, A2, A3, A4 AND A5 DEPOSITED PLAN 26190
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Joseph's School (Queenstown)
1.37 km
Primary
1-8
Government
Co-Educational
EQI: 389
10
Queenstown Primary School
1.88 km
Primary
1-8
Government
Co-Educational
EQI: 403
10

Property history

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For developers

Unitary plan:Low Density Residential Zone
Land:-
Title:Unit Title

Surrounding facilities

Panorama Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
236 Frankton Road, Queenstown
0.46 km
4
150m2
Year 2024 Month 11 Day 07
$1,500,000
Council approved
16 Peregrine Place, Queenstown
0.50 km
4
4
305m2
Year 2024 Month 11 Day 05
-
Council approved
2B London Lane
0.59 km
4
3
250m2
Year 2024 Month 10 Day 18
-
Council approved
402 Frankton Road, Queenstown
0.26 km
6
1
89m2
Year 2024 Month 08 Day 05
$1,520,000
Council approved
1/11 Gum Lane, Queenstown
0.20 km
3
185m2
Year 2024 Month 07 Day 21
$1,800,000
Council approved

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