3 Armidale Crescent, Wanaka, Queenstown Lakes

Nestled at 3 Armidale Crescent, Wanaka, within the serene Queenstown Lakes, this residential dwelling boasts a freehold title on a level plot of 451 square meters. The modern construction, completed in 2022, features a mix of materials for the walls, complemented by a robust iron roof in good condition. The interior spans 159 square meters, with a comfortable number of carparks, amounting to 2. The property's capital value as of September 2021 stands at $980,000, reflecting a promising investment in a rapidly appreciating asset.

History shows a consistent rise in value, with the latest sale on June 13, 2024, fetching $1,366,000, a significant increase from the previous sale of $1,050,000 in July 2020. HouGarden's AVM estimates the property's worth at $955,000, a figure that underscores the capital value's upward trajectory. This growth potential is further enhanced by the property's excellent condition both in walls and roof.

For families with children, the property falls within the highly sought-after school zone of Wanaka Primary School, a contributing school with a perfect decile score of 10. This ensures access to quality education in a neighborhood that values academic excellence.

Updated on July 26, 2024