505 Palmerston Road Te Hapara, 4010


505 Palmerston Road , Te Hapara, 4010
bed3
bathroom1
car1
land607 m2
floor120 m2
Property Type
Residential
Year Built
1910
Last Sold on 3 Nov 2005 for $280,000
1 of 1Jun 06

Estimated Value Range  

Medium Confidence
  

Low
High
confidence marker image
$700K
$750K

About 505 Palmerston Road, Te Hapara, Gisborne, 4010

505 Palmerston Road, Te Hapara, Gisborne, 4010 is a Residential property built in 1910 with 3 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $700,000 to $750,000.

The property last sold on 3 November 2005 for $280,000. On 1 August 2023, 505 Palmerston Road, Te Hapara, Gisborne, 4010 had a Rating Valuation with a Capital Value of $736,000, Land Value of $299,000 and Improvement Value of $437,000.

Property History

DateTypePriceAgent/Agency
23 Jan 2018AUCTIONPrice Not DisclosedKerry Low of Bayleys Gisborne
3 Nov 2005SOLD$280,000
5 May 2003SOLD$56,000
26 Sep 1997SOLD$68,000
Present Day
23 Jan
2018
Auction — Price Not Disclosed
Listed by Kerry Low of Bayleys Gisborne
3 Nov
2005
Sold for $280,000
19 years 8 months 5 days
5 May
2003
Sold for $56,000
22 years 2 months 3 days
26 Sep
1997
Sold for $68,000
27 years 9 months 12 days
1910
Property Built

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Rating Valuation

Capital Value
$736,000
Land Value
$299,000
Improvement Value
$437,000
Legal Description(s)

Lot 60 Deposited Plan 370

Valuation Date
01-08-2023
Valuation Reference
8550/3700

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone A, 9A
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Gisborne District
Land Use
Single Unit excluding Bach

Suburb Insights

Created with Highcharts 7.2.1SuburbJul-2024Aug-2024Sep-2024Oct-2024Nov-2024Dec-2024Jan-2025Feb-2025Mar-2025Apr-2025May-2025Jun-20250$100K$200K$300K$400K$500K$600K
Median Sale Price(12 MTH)
$541K
Sale Price Change(12 MTH)
-3.70%
Avg Days on Market(12 MTH)
26 days
Median Rent(3 MTH)
$645/W
Median Rent Change(12 MTH)
7.50%
Median Rent Yield(12 MTH)
5.80%

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.