Nestled at 10 Farquhar Place, a quiet cul-de-sac in Methven, Ashburton, this residential dwelling boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1991 with roughcast walls and roof, the property sits on a level contour and is maintained in average condition. It is held under a Cross-Lease ownership title.
As per the latest valuations, the capital value has seen a significant increase from $195,000 in 2018 to $295,000 in 2021, reflecting a growth rate of 51.28%. The HouGarden AVM estimates the property's worth at $290,000. Notably, the latest sale history includes a transaction for $500,000 in June 2024, a stark contrast to the $65,000 sale in March 2003.
For families with school-going children, the property falls within the zones of several well-regarded institutions. 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, Mount Hutt College, and Craighead Diocesan School are also within reach, all boasting a decile rating of 9, while Ashburton Christian School offers a composite curriculum with a decile rating of 6.
Updated on July 26, 2024