29 Flay Crescent, Burnside, Christchurch

Nestled at 29 Flay Crescent, Burnside, Christchurch, this charming residential dwelling on a freehold title offers 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1950 with a mix of materials for the walls and iron for the roof, this level property has an average wall and roof condition. It spans across a floor area of 99 square meters and a land area of 469 square meters. The property has seen recent enhancements including a new roof, upgraded insulation, fresh carpeting, and a modern paint job, ensuring low maintenance for the new owners.

As for the financials, the capital value has shown a remarkable increase of 63.38%, from $355,000 in 2019 to $580,000 as of 2022. The HouGarden AVM estimates the property's value at $552,500, while the latest sale was recorded at $560,000 in 2024, a significant jump from the $148,000 sale in 2004. This upward trend in value makes it an attractive opportunity for investors and homebuyers alike.

Educationally, the property falls within the highly sought-after Burnside High School zone, which is a secondary school with a decile rating of 8. Other notable schools in the area include Cobham Intermediate, Burnside Primary, Christ the King School, St Patrick's School, Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Christchurch Adventist School, Hagley Community College, and Marian College, all with impressive decile ratings. This makes the property an ideal choice for families with school-aged children.

Updated on April 11, 2024