3 Callan Place, Hoon Hay, Christchurch

Embrace the perfect fusion of comfort and potential in the charming 1970s Summerhill stone bungalow at 3 Callan Place, nestled in a serene cul-de-sac within the desirable Hoon Hay suburb. This freehold property boasts 3 bedrooms, a functional bathroom, an open-plan living area, and is complemented by a heat pump and log burner for year-round comfort. The exterior features concrete walls, tiled roofing in good condition, and a level contour on a land area of 673sqm. The property has seen a CV increase of 53.4%, from $365,000 in 2019 to $560,000 in 2022, with a HouGarden AVM of $537,500. Notably, the latest sale was recorded at $590,000 in 2024, indicating a promising investment opportunity. Educationally, the property falls within the decile 9 Villa Maria College, decile 8 St Thomas of Canterbury College, and other well-rated school zones, making it an ideal choice for families.

With a current capital value of $560,000, this property presents a sound investment with a history of steady growth. The latest sales history showcases an increase from $525,000 in 2021 to $590,000 in 2024, reflecting a healthy market trend. The HouGarden AVM further validates the property's worth, providing a reliable estimate for potential buyers.

For families with educational priorities, this property is zoned for top-performing schools such as Villa Maria College and St Thomas of Canterbury College, both with high decile ratings. Other schools in the area include Middleton Grange School and Aidanfield Christian School, offering a range of educational options for children of all ages.

Updated on October 23, 2024