51 Bay Road, Ostend, Auckland

This charming property located at 51 Bay Road, Ostend, Auckland - City, boasts 3 bedrooms, 1 bathroom, and 1 carpark, making it an ideal family home. The dwelling spans a floor area of 92 square meters, situated on a generous land area of 1012 square meters. It features a freehold ownership type, ensuring long-term security and peace of mind for the owners. The house, constructed in 2000, has fibrous cement walls and an iron roof, both in average condition. The property's contour is described as easy/moderate fall, suitable for various outdoor activities.

The capital value of the property has seen a significant increase, from $760,000 on July 1, 2017, to $1,020,000 on June 1, 2021, marking a 34.21% growth. This reflects the property's appreciating value in the market. The latest sale recorded on December 31, 2023, was at $950,000, slightly below the HouGarden AVM of $975,000, indicating a strong market presence. The property's initial purchase price was $170,000 on February 29, 2000, showcasing a substantial return on investment over the years.

Located in a desirable school zone, the property falls under the Waiheke Primary School catchment area, which is a full primary school with a decile rating of 7. This highlights the quality of education available in the vicinity, making it an excellent choice for families with school-age children.

Updated on April 06, 2024.