Back 5 Wallace Rd
Off Market

5 Wallace Rd

Ranui Auckland

3
2
1
1106 m²
House
Alyshia MarshallAlyshia Marshall, last sold this property on 24 August 2025 after 24 days on market.

Overview

SOLD By Alyshia Marshall

Huge Property, Huge Opportunity, Little Price! This whopping property is vacant, surplus to requirements and in need of some DIY restoration. The home is designed, built and permitted as a four-bedroom, two bathroom home, with the basement fourth room and second bathroom having been stripped ready for a modern revamp, but not yet completed. The upstairs interior is very much in a habitable condition, however, it does require your D.I.Y or trade skills to repair some aspects of the interior and modernise it while you are in the process. This home is well worth your investment of time and energy, as it overlooks the Waitakere Ranges from an elevated position, takes in all day sun and is set on a 1,106m2 section! This large site gives opportunity for a secondary dwelling on site (Minor household unit) while also providing plenty of off-street parking, an internal access basement garage and loads of outdoor space for kids and pets. Positioned on the border of Swanson, this property is actually in-zone for Swanson Primary School! Not only is it in this ideal school zone, but both Swanson and Ranui train stations are nearby, motorway access via Lincoln road is an easy trip, while everything that you need, including supermarkets, is easily accessible on Lincoln Road. The potential to add value here is very real, giving property flippers, investors, developers or savvy home buyers the opportunity to build capital wealth. Make your next move your best move and pop in to the open home this weekend.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1106 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ranui over the last 12 months, the estimated median property value of 5 Wallace Rd is $761.4k.

Median value
$761.4k
Estimated value range
$0.01 - $1.09m
Median days on market
39
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ranui. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Wallace Rd

2025
Sold
Undisclosed
24 Aug 2025 by Alyshia Marshall, of Ray White Swanson
2019
Sold
$740,000
07 Oct 2019 by Jennifer Birch, of Barfoot & Thompson - Swanson

Happy sellers in Ranui

71%
71% of sellers in Ranui reported that their sale price either exceeded or met their price expectations.

Ranui stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 73 reviews in Ranui over the last 12 months.

Local market activity for 3 bedroom houses in Ranui

In the last 12 months, 72 three-bedroom houses similar to 5 Wallace Rd, have been sold.

This represents a 89% decrease in three-bedroom houses sales when compared to the previous 12 months.

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