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542 Flora East Makarewa, 9876
542 Flora East , Makarewa, 9876
3
1
1
13.8 ha
130 m2Property Type
Lifestyle
Year Built
1995
Last Sold on 12 Mar 2025 for $890,000
Settlement Date
02 May 2025
Sold By
Pgg Wrightson Real Estate Ltd
Settlement Date
02 May 2025
Sold By
Pgg Wrightson Real Estate Ltd
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Estimated Value Range
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Medium Confidence
Low
High
$900K
$1.00M
About 542 Flora East, Makarewa, Invercargill, 9876
542 Flora East, Makarewa, Invercargill, 9876 is a Lifestyle property built in 1995 with 3 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $900,000 to $1,000,000.
The property last sold on 12 March 2025 for $890,000. It was sold by Pgg Wrightson Real Estate Ltd. On 1 July 2024, 542 Flora East, Makarewa, Invercargill, 9876 had a Rating Valuation with a Capital Value of $890,000, Land Value of $600,000 and Improvement Value of $290,000.
Property History
| Date | Type | Price | Agent/Agency |
|---|---|---|---|
| 12 Mar 2025 | SOLD | $890,000 | |
| 19 Dec 2024 | ENQUIRIES OVER | $850,000 | Andrew Patterson of Pgg Wrightson Real Estate Ltd (Invercargill), (Licensed: Reaa 2008) |
| 20 Aug 2024 | ENQUIRIES OVER | $850,000 | Andrew Patterson of Pgg Wrightson Real Estate Ltd (Invercargill), (Licensed: Reaa 2008) |
| 24 Feb 2024 | ENQUIRIES OVER | $865,000 | Kirsty Anderson of Pgg Wrightson Real Estate Ltd (Invercargill), (Licensed: Reaa 2008) |
| 17 Feb 2016 | ASKING PRICE | $619,500 | |
| 7 Dec 2005 | SOLD | $410,000 | |
| 11 Oct 1993 | SOLD | $170,000 | |
| 24 Jan 1988 | SOLD | $26,500 |
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Rating Valuation
Capital Value
$890,000
Land Value
$600,000
Improvement Value
$290,000
Legal Description(s)
Lot 2 Deposited Plan 405976 and Lot 4 Deposited Plan 7653
Valuation Date
01-07-2024
Valuation Reference
29470/69800
Additional Information
Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone A, 1A
Units of Use
1
Wall Construction
Fibre Cement
Maori Land
No
Territorial Authority
Southland District
Land Use
Single Unit - Lifestyle
Suburb Insights
Median Sale Price(12 MTH)
$317K
Sale Price Change(12 MTH)
-20.70%
Avg Days on Market(12 MTH)
-
Median Rent(3 MTH)
$500/W
Median Rent Change(12 MTH)
4.20%
Median Rent Yield(12 MTH)
-
Comparable Properties
There are no similar properties in the area that are listed for sale or recently sold.