53 Morgan Street, Methven, Ashburton

Nestled in the tranquility of 53 Morgan Street, a prime residential area in Methven, Ashburton, this charming property boasts a 2-bedroom, 1-bathroom layout with a single carpark. Constructed in 1995 with wood exterior walls and an iron roof, both of which are in good condition, this home sits on a level contour. It is held under a Cross-Lease ownership title and offers a comfortable living space of 80 square meters.

As for its financials, the property has seen a significant Capital Value increase of 14.29% from $350,000 in 2021 to the current $400,000 as of 2024. The HouGarden AVM estimates the property's worth at $397,500, while the latest sale records show transactions at $450,000 in 2024 and $330,000 in 2021, indicating a steady rise in market value.

For families with school-aged children, the property falls within the zones of several well-regarded schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively, Methven School with a decile of 9, Mount Hutt College with a decile of 9, Ashburton Christian School with a decile of 6, and Craighead Diocesan School with a decile of 9.

Updated on November 06, 2024