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Sold: $811,000

Sold on 2024 Year 2024 Month 01 Day 31

32/527 Frankton Road, Queenstown, Queenstown Lakes

1
1
40m2

Located at 32/527 Frankton Road, Queenstown, Queenstown Lakes, this residential apartment offers a compact yet comfortable living space with 1 bedroom, 1 bathroom, and no carpark, covering a floor area of 40m². Built in 2017, the property features mixed materials for walls and an iron roof, both in good condition. It sits on a level contour with a Unit Title ownership type, presenting a modern living solution in a sought-after area.

Since its last government valuation in September 2021 at $700,000, the property has seen a significant capital value increase from $480,000 in July 2017, marking a 45.83% growth. The HouGarden AVM estimates its value at $670,000. The latest sale recorded on January 31, 2024, was at $811,000, up from $340,000 on December 19, 2013, reflecting the property's strong market demand and value appreciation.

Education is a priority with this property located in the zone for top-rated schools, including Queenstown Primary School and St Joseph's School (Queenstown), both full primary schools with a decile rating of 10. This ensures access to quality education, making it an ideal choice for families.

Updated on April 05, 2024.

Council Data

Last update : 2025 01 22
Improvement value$240,000Increased by 88% from year 2017
Land value$460,000Increased by 30% from year 2017
CV(Year 2021 Month 09)$700,000Increased by 45% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourLevel
Floor area40m²
Decade of construction2017
Title740236
Type of titleUnit Title
Legal descriptionUNIT 330C DP 499066 - HAVING 1/4 SH IN AU 311C, 1/12 SH IN AU 332C 313C DP 499066
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 330C AND ACCESSORY UNIT 332C AND 1/4 SHARE OF ACCESSORY UNIT 311C AND 1/12 SHARE OF ACCESSORY UNIT 313C DEPOSITED PLAN 499066
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningHigh Density Residential Zone

School zones

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

Property history

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For developers

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

Surrounding facilities

Frankton Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
11/527 Frankton Road, Queenstown
0.24 km
2
1
65m2
Year 2024 Month 11 Day 21
$1,040,000
Council approved
2/43c Goldridge Way, Queenstown
0.26 km
2
1
72m2
Year 2024 Month 10 Day 24
$642,500
Council approved
14/43 Goldridge Way, Queenstown
0.26 km
2
1
67m2
Year 2024 Month 10 Day 24
-
Council approved
18 Woodbury Rise, Queenstown
0.04 km
4
110m2
Year 2024 Month 09 Day 25
$1,100,000
Council approved
3/43 Goldridge Way, Queenstown
0.26 km
2
1
77m2
Year 2024 Month 08 Day 05
-
Council approved

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