Back 54A Merivale Road
Off Market

54A Merivale Road

Parkvale Bay of Plenty

4
1
3
100 m²
House
Last sold for $475,000
Glenn Austin AREINZGlenn Austin AREINZ, last sold this property on 15 May 2025 after 45 days on market.

Overview

Affordable Opportunity in Parkvale

Looking for your next investment or a home you can add value to? This 4-bedroom home in Parkvale, Tauranga, is a solid opportunity for property investors and DIY enthusiasts alike. Situated on an elevated section in a quiet cul-de-sac, this home enjoys urban views from the main living area and offers plenty of space to entertain in the backyard. The layout includes: • Three bedrooms on the ground floor plus an additional bedroom upstairs • A functional kitchen with a dishwasher • Single carport for secure parking or storage • Two decks to enjoy the views and outdoor living • Recent rental appraisal of $700-720 per week, making it a great investment While this home could benefit from some maintenance and repairs, it presents an affordable entry into the market with room to add value. Conveniently located close to Tauranga Hospital, Fraser Cove, and Gate Pa shopping centre, it offers excellent accessibility to key amenities. With a highly motivated vendor ready to meet the market, this is an opportunity you don't want to miss!

Features

4 bedrooms
1 bathroom
3 carspaces
1 carport space
2 open car spaces
100 m² floor area
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Parkvale over the last 12 months, the estimated median property value of 54A Merivale Road is $766.5k.

Median value
$766.5k
Estimated value range
$475k - $892.5k
Median days on market
52
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parkvale. 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 54A Merivale Road

2025
Sold
$475,000
15 May 2025 by Glenn Austin AREINZ, of Austin Realty

Happy sellers in Parkvale

57%
57% of sellers in Parkvale reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 21 reviews in Parkvale over the last 12 months.

Local market activity for 4 bedroom houses in Parkvale

In the last 12 months, 8 four-bedroom houses similar to 54A Merivale Road, have been sold.

This represents a 33% decrease in four-bedroom houses sales when compared to the previous 12 months.

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