47 Rowley Avenue, Hoon Hay, Christchurch

Nestled in the serene Rowley Avenue, Hoon Hay, Christchurch, this freehold property boasts a charming residential - dwelling category. Constructed in 1960 with robust brick walls and tiled roofing, both in good condition, the house stands on a levelled contour. It features 3 bedrooms, a spacious floor area of 116 square meters, and a single carpark. The property's capital value has seen a remarkable increase from $310,000 in 2019 to $480,000 in 2022, showcasing a growth rate of 54.84%. The latest sale history indicates a transaction of $360,000 in 2024 and $305,445 in 2019, while the HouGarden AVM estimates the property's worth at $485,000.

With regards to the government's valuation, the capital value has shown a steady rise. The property's strategic location places it within the catchment area of several esteemed schools, including Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School (Years 11 - 13, decile 9), Aidanfield Christian School (decile 8), Hillmorton High School (Year 9-15, decile 4), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6), ensuring a high-quality education for residents.

Overall, this property not only offers a peaceful living environment in a quiet cul-de-sac but also presents a sound investment opportunity with its increasing capital value and proximity to top-rated schools.

Updated on October 02, 2024