7 Oruawharo Lane, Great Barrier Island (Aotea Island), Auckland

Nestled in the tranquility of 7 Oruawharo Lane, this charming residence in Great Barrier Island boasts a freehold title and a generous land area of 804 square meters. Constructed in 1980 with robust fibrous cement walls and a reliable iron roof, this 46 square meter home features 1 bedroom, 1 bathroom, and is designed for comfort with a level contour. The property has seen a significant increase in capital value, rising from $380,000 in July 2017 to $560,000 as of June 2021, reflecting a growth rate of 47.37%.

Valuations are promising, with the HouGarden AVM estimating the property's worth at $562,500. The latest sale history is notable, with a transaction in August 2024 fetching $700,000, a stark contrast to the $78,000 sale in December 1994, highlighting the property's appreciating value over time.

For families with children, the school zone is a significant advantage. The local schools boast impressive decile ratings, ensuring a quality education for the young ones.

Updated on October 02, 2024