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482 Racecourse Road, Te Awamutu, Waipa, 3 Bedrooms, 1 Bathrooms, House

Sold: $632,000

Sold on 2024 Year 2024 Month 08 Day 13

482 Racecourse Road, Te Awamutu, Waipa

3
1
88m2
1012m2

Welcome to this exceptional three-bedroom, one-bathroom residence with a single carpark, located at 482 Racecourse Road, Te Awamutu, Waipa. This freehold property, built in 1970 with fibrous cement walls and an iron roof, sits on a levelled 1012m2 section. The home boasts an open-plan design, three heat pumps, a DVS ventilation system, and is well-insulated. The capital value has seen a significant increase of 49.43% from $435,000 in 2019 to $650,000 as of 2022. The HouGarden AVM mirrors this CV, while the latest sales in 2024 and 2018 were $632,000 and $429,000 respectively. This property is within a desirable school zone, with Te Awamutu College, Te Awamutu Primary School, and Te Awamutu Intermediate all rated a decile 5.

Not only is the property’s CV on the rise, but it also offers a modern lifestyle with a recently replaced roof, a new back deck, and a spacious backyard perfect for outdoor activities. The large section allows for a vegetable garden, fruit trees, and is ideal for pet owners. The property also features a sizeable garage with a workshop, ample off-street parking, and additional storage in the garden shed.

For families with children, the school network is a significant plus, with highly-rated educational institutions in close proximity. This property is not just a home but a wise investment for the future.

Updated on October 02, 2024

Council Data

Last update : 2025 02 26
Improvement value$200,000Increased by 5% from year 2019
Land value$450,000Increased by 83% from year 2019
CV(Year 2022 Month 08)$650,000Increased by 49% from year 2019
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area1012m²
Floor area88m²
Decade of construction1970
TitleSA27A/892
Type of titleFreehold
Legal descriptionLOT 16 DP 18196
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 16 DEPOSITED PLAN 18196,1011m2
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Awamutu College
0.80 km
Secondary
9-15
Government
Co-Educational
EQI: 476
5
Te Awamutu Primary School
1.38 km
Primary
1-6
Government
Co-Educational
EQI: 466
5
Te Awamutu Intermediate
2.34 km
Secondary
7-8
Government
Co-Educational
EQI: 479
5

Property history

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For developers

Unitary plan:-
Land:1012m²
Title:Freehold

Surrounding facilities

Racecourse Road Neighborhood and Surrounding Data

Mortgage

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Data source
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301 Racecourse Road, Te Awamutu
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3
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