PHOTO: BARFOOT & THOMPSONThis average-sized three-bedroom house in Mangere East has fetched $1.152 million at auction. The 839sqm property is zoned for Mixed Housing Urban.
Soaring Auckland property prices have hit suburbs traditionally at the lower end of the price bracket.
A 1950s three-bedroom weatherboard house in Allen Street, Mangere East with a CV of $660,000 has sold at auction this week for $1,152,000.
Listing agent Chintamani Abyankar of Barfoot & Thompson says he believes it could be a record price for a three-bedroom house in the suburb. But CoreLogic says records show two or three others have fetched similar figures, although it is rare.
Abyankar says there was a lot of interest in the 839 square metres property because it has development potential, being zoned for Mixed Housing Urban under the Unitary Plan.
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