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Sold: $550,000

Sold on 2024 Year 2024 Month 07 Day 25

3/5 Borman Road, Huntington, Hamilton

3
110m2

Nestled in the tranquility of 3/5 Borman Road, Huntington, Hamilton, this residential ownership home unit boasts a modern design with 3 bedrooms and a single carpark. Constructed in 2021, the property features a mix of materials for the external walls, an iron roof, and is in a good condition both inside and out. The 110 square meter floor area is complemented by a level contour, ensuring a practical living space. With a Unit Title, this property presents a secure investment in a rapidly appreciating area.

Since September 2018, the Capital Value (CV) has seen a significant increase from $570,000 to the current $750,000 as of September 2021, reflecting a growth rate of 31.58%. The HouGarden AVM estimates the property's worth at $730,000, while the latest sale history shows transactions at $550,000 on July 25, 2024, and $715,000 on June 15, 2021, indicating a stable and potentially rising market value.

For families with children, the property falls within the Rototuna school zone, which includes the highly rated Rototuna Senior High School (Year 11-13), Rototuna Junior High School (Year 7-8), and Rototuna Primary School, all with a decile rating of 10. This ensures access to some of the best educational facilities in the region.

Updated on August 21, 2024

Council Data

Last update : 2024 12 11
Improvement value$480,000Increased by 24% from year 2018
Land value$270,000Increased by 45% from year 2018
CV(Year 2021 Month 09)$750,000Increased by 31% from year 2018
DeckYes
View typeNo appreciable view
ContourLevel
Floor area110m²
Decade of construction2021
Title971456
Type of titleUnit Title
Legal descriptionUNT 1F AU 6,53 DP 556379 SHR 1/4 AU 5
CouncilHamilton
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 1F AND ACCESSORY UNIT 6, 53 AND 1/4 SHARE OF ACCESSORY UNIT 5 DEPOSITED PLAN 556379
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness Zone - Business 6 Zone - Neighbourhood Centre

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rototuna Primary School
1.30 km
Primary
1-6
Government
Co-Educational
EQI: 397
10
Rototuna Junior High School
1.39 km
Secondary
7-10
Government
Co-Educational
EQI: 428
10
Rototuna Senior High School
1.44 km
Secondary
11-15
Government
Co-Educational
EQI: 460
10

Property history

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For developers

Unitary plan:Business Zone - Business 6 Zone - Neighbourhood Centre
Land:-
Title:Unit Title

Surrounding facilities

Borman Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
19 Rocky Road, Huntington
0.20 km
2
2
-m2
Year 2024 Month 10 Day 09
$655,000
Council approved
5/5 Borman Road, Huntington
0.02 km
2
2
87m2
Year 2024 Month 09 Day 27
$545,000
Council approved
6/148 Horsham Downs Road, Rototuna North
0.03 km
3
1
93m2
Year 2024 Month 09 Day 02
$550,000
Council approved
0.03 km
3
1
93m2
Year 2024 Month 08 Day 19
$550,000
Council approved
0.16 km
2
1
66m2
Year 2024 Month 08 Day 19
$540,000
Council approved

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