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Sold: $238,000

Sold on 2024 Year 2024 Month 10 Day 05

18 Farm Road, Allenton, Ashburton

600m2

Nestled on a level plot at 18 Farm Road, Allenton, Ashburton, this residential vacant land boasts a freehold title, offering a blank canvas for your dream home. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's potential is undeniable. With unknown wall and roof construction, this could be an opportunity to create a personalized space. The property's capital value has seen a significant increase, reflecting a growing market interest.

As per the latest records, the government's capital value assessment has jumped from $240,000 in 2021 to $285,000 in 2024, indicating a CV increase of 18.75%. HouGarden's AVM mirrors this figure, suggesting a stable market evaluation. The most recent sale on October 5, 2024, was at $238,000, which may present a buying opportunity for the discerning investor.

For families with school-aged children, the property falls within a highly regarded school zone. Notable institutions include Villa Maria College, a secondary school with a decile rating of 9, and St Thomas of Canterbury College, rated decile 8. Other schools in the area include Ashburton Christian School, Allenton School, and Ashburton Borough School, each with their unique educational offerings and decile ratings.

Updated on November 27, 2024

Council Data

Last update : 2025 02 12
Improvement value$25,000Increased by 400% from year 2021
Land value$260,000Increased by 10% from year 2021
CV(Year 2024 Month 07)$285,000Increased by 18% from year 2021
View typeNo appreciable view
ContourLevel
Land area600m²
TitleCB30F/1043
Type of titleFreehold
Legal descriptionLOT 3 DP 50869
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 50869,600m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningResidential C

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Allenton School
0.73 km
Primary
1-6
Government
Co-Educational
EQI: 435
7
Ashburton College
1.73 km
Secondary
9-15
Government
Co-Educational
EQI: 467
6
St Joseph's School (Ashburton)
2.38 km
Primary
1-8
Government
Co-Educational
EQI: 404
8
Ashburton Borough School
2.42 km
Primary
1-8
Government
Co-Educational
EQI: 449
7
Ashburton Intermediate
2.91 km
Secondary
7-8
Government
Co-Educational
EQI: 471
6
Ashburton Christian School
4.46 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
Craighead Diocesan School
69.50 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Thomas of Canterbury College
76.51 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
77.60 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9

Property history

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For developers

Unitary plan:Residential C
Land:600m²
Title:Freehold

Surrounding facilities

Farm Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
55 Farm Road, Allenton
0.22 km
3
1
116m2
Year 2024 Month 12 Day 07
$535,000
Council approved
61 Lane Street, Allenton
0.12 km
3
170m2
Year 2024 Month 11 Day 07
$595,000
Council approved
56 Lane Street, Ashburton
0.07 km
4
1
170m2
Year 2024 Month 11 Day 04
$640,000
Council approved
1/62 Lane Street, Allenton
0.09 km
2
110m2
Year 2024 Month 10 Day 15
$430,000
Council approved
0.03 km
5
298m2
Year 2024 Month 10 Day 06
$795,000
Council approved

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