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FOR SALE

38 Rakiura Parade Otatara, 9879


38 Rakiura Parade , Otatara, 9879
bed3
bathroom1
car1
land1133 m2
floor93 m2
Property Type
Residential
Year Built
1985
Last Sold on 15 May 2000 for $80,000

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$450K
$500K

About 38 Rakiura Parade, Otatara, Invercargill, 9879

38 Rakiura Parade, Otatara, Invercargill, 9879 is a Residential property built in 1985 with 3 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $450,000 to $500,000.

The property last sold on 15 May 2000 for $80,000. On 1 July 2023, 38 Rakiura Parade, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $400,000, Land Value of $185,000 and Improvement Value of $215,000.

Property History

DateTypePriceAgent/Agency
6 Oct 2026ASKING PRICE$479,000Lisa Bartley of Harcourts W Thompson & Co Ltd Invercargill, (Licensed: Reaa 2008)
9 Jul 2021Rented$370Kerry Thomas of Harcourts W Thompson & Co Ltd Invercargill, (Licensed: Reaa 2008)
30 Mar 2021Rented$370Kerry Thomas of Harcourts W Thompson & Co Ltd Invercargill, (Licensed: Reaa 2008)
15 May 2000SOLD$80,000
5 Oct 1995SOLD$98,000
14 Dec 1981SOLD$16,000
Present Day
6 Oct
2026
Asking Price — $479,000
Listed by Lisa Bartley of Harcourts W Thompson & Co Ltd Invercargill, (Licensed: Reaa 2008)
9 Jul
2021
Listed for Rent - Last price at $370 per week
Listed by Kerry Thomas of Harcourts W Thompson & Co Ltd Invercargill, (Licensed: Reaa 2008)
30 Mar
2021
Listed for Rent - Last price at $370 per week
Listed by Kerry Thomas of Harcourts W Thompson & Co Ltd Invercargill, (Licensed: Reaa 2008)
15 May
2000
Sold for $80,000
26 years 5 months 4 days
5 Oct
1995
Sold for $98,000
31 years 14 days
1985
Property Built
14 Dec
1981
Sold for $16,000
44 years 10 months 5 days

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Rating Valuation

Capital Value
$400,000
Land Value
$185,000
Improvement Value
$215,000
Legal Description(s)

Lot 2 Deposited Plan 6071

Valuation Date
01-07-2023
Valuation Reference
29570/29400

Additional Information

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

Suburb Insights

Comparable Properties

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