5/324 Worcester Street, Linwood, Christchurch

Nestled in the heart of Linwood, Christchurch, at 5/324 Worcester Street, lies a modern and sunny three-bedroom apartment with a capital value that has seen a remarkable increase of 45.7% over the past three years. This residential ownership home unit, built in 1997, boasts roughcast walls in good condition and an iron roof, both contributing to its sturdy and well-maintained structure. The 160sqm floor area is complemented by a spacious open plan living area with a heat pump and a ranch slider leading to a balcony, a modern kitchen with ample storage and a breakfast bar, and three warm double bedrooms with large wardrobes. The bathroom features a vanity, shower over bath, and toilet, while the separate laundry is discreetly located downstairs. The apartment is tastefully decorated in neutral colors with quality carpeting and drapes. It also enjoys secure front gate entry to a private courtyard with an intercom, low maintenance grounds, and a basement double garage with two remote controls. In terms of property value, the latest sale was for $450,000 in 2024, a significant jump from the $286,000 sale in 2012, with the HouGarden AVM estimating the property at $475,000. The government's capital value as of August 2022 is $510,000, up from $350,000 in August 2019. For families, the property falls within the catchment area of several esteemed schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others.

Updated on May 15, 2024