1/39 Settlement Road, Papakura, Auckland - Papakura

Located at 1/39 Settlement Road, Papakura, Auckland - Papakura, this mid-century 1950s weatherboard home offers a blend of classic charm and contemporary comfort. With 3 bedrooms, 1 bathroom, and no carpark, this property spans approximately 99 sqm of floor area on a level cross-lease land. The house features an iron roof and wooden walls, both in average condition, reflecting its age since 1950. It's an ideal residence for first home buyers, investors, or retirees looking for a sunny, private spot near Papakura's vibrant town centre.

Over the years, the capital value of this property has seen significant growth, from $510,000 in July 2017 to $720,000 in June 2021, marking a 41.18% increase. The latest HouGarden AVM estimates its value at $710,000. Its sale history reveals a steady appreciation, with transactions recorded at $255,000 in April 2013 and $555,000 in October 2020. This property's financial trajectory indicates a solid investment.

The property is zoned for schools with a decile rating of 1, including Edmund Hillary School (Full Primary), Papakura Intermediate (Intermediate), and Papakura High School (Secondary Year 9-15). This zoning ensures access to educational facilities for families with children of various ages, making it a convenient location for educational growth.

Updated on March 21, 2024.