Nestled in the tranquility of a quiet cul-de-sac at 514 Preston Road Extension, Te Awamutu, Waipa, this freehold property built in 2006 boasts a brick exterior and an iron roof, both in good condition. It features 4 bedrooms, 2 carparks, and a spacious floor area of 200 square meters on a levelled land of 956 square meters. The property's capital value has seen a significant increase from $630,000 in 2019 to $890,000 as of August 2022, reflecting a growth rate of 41.27%.
With a HouGarden AVM of $867,500 and a latest sale record of $380,000 in 2012, this property presents a sound investment opportunity. The government's valuation history showcases a consistent rise in value, making it an attractive prospect for potential buyers.
For families with school-going children, the property falls within the catchment area of Te Awamutu College (Secondary, Decile 5), Pekerau School (Contributing, Decile 4), and Te Awamutu Intermediate (Intermediate, Decile 5), ensuring access to quality education.
Updated on July 30, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.43 km | 3 | 2 | 156m2 | Year 2024 Month 11 Day 22 | $810,000 | Council approved | |
 | 0.32 km | 3 | 172m2 | Year 2024 Month 10 Day 04 | $845,000 | Council approved | ||
1.17 km | 3 | 1 | 100m2 | Year 2024 Month 09 Day 27 | $592,000 | Council approved | ||
 | 1.27 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 20 | - | Council approved | |
 | 0.98 km | 3 | 160m2 | Year 2024 Month 09 Day 03 | $730,000 | Council approved |