29 Aroha Street, Pegasus, Waimakariri

Nestled in the serene Aroha Street of Pegasus, Waimakariri, this 231sqm residential dwelling on a 708sqm freehold section boasts 4 bedrooms, 2 carparks, and a Malthoid roof with roughcast walls, all in a good condition. Constructed in 2016, the property is strategically placed for sun-soaked days, with high ceilings and sliders opening to private, sheltered patios. The master suite overlooks a private courtyard, and the home features underfloor heating and a gas fire for winter cosiness. The CV has seen a 50.91% increase from $550,000 in 2019 to $830,000 in 2022. The HouGarden AVM estimates the property at $760,000, while the latest sale was for $845,000 in 2024. Educationally, the property falls within the decile 9 Rangiora New Life School and decile 10 Pegasus Bay School zones, among others. This property is not just a home but a retreat in the heart of Pegasus.

With a CV growth that speaks volumes about its investment potential, this property has seen its value soar. The latest sale figure of $845,000 is a testament to its allure. The HouGarden AVM provides a robust estimate of $760,000, reflecting the property's strong market standing. The government's valuation history shows a significant increase from $550,000 in 2019 to the current $830,000, indicating a rapid appreciation in capital value.

For families with educational considerations, this property is within the catchment area of highly-rated schools. The Rangiora New Life School offers a composite education with a decile rating of 9, while Pegasus Bay School provides a full primary education with a perfect decile score of 10. Other schools in the vicinity include Kaiapoi High School, Christchurch Adventist School, and Marian College, catering to diverse educational needs.

Updated on December 18, 2024