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Sold: $700,000

Sold on 2024 Year 2024 Month 09 Day 22

Racecourse Road, Allenton, Ashburton

83862m2

Nestled on Racecourse Road in the serene Allenton, Ashburton, this lifestyle property is a gem on a level contour with 83,862 square meters of land. It boasts a freehold title, offering independence and full control over the property. While the specifics of the building such as the number of bedrooms and bathrooms, floor area, and roof and wall construction are yet to be determined, the property's potential is undeniable. It sits in a quiet cul-de-sac, ensuring peace and privacy.

As for its financials, the property's capital value has seen a steady increase, from $670,000 in July 2021 to $720,000 as of July 2024, marking a growth rate of 7.46%. HouGarden's AVM estimates the property's value at $715,000. The latest sale history shows transactions at $715,300 in July 2023 and $700,000 in September 2024, reflecting a stable market interest.

For families with children, the property falls within a desirable school zone. It is in close proximity to high-decile schools such as Villa Maria College and St Thomas of Canterbury College, both secondary schools with a decile rating of 9 and 8 respectively. Other notable schools in the area include Ashburton Christian School, Allenton School, and Ashburton Borough School, each with their unique educational offerings and decile ratings ranging from 6 to 8.

Updated on October 16, 2024

Council Data

Last update : 2024 12 11
Improvement value$10,000Reduced by 0% from year 2021
Land value$710,000Increased by 7% from year 2021
CV(Year 2024 Month 07)$720,000Increased by 7% from year 2021
View typeNo appreciable view
ContourLevel
Land area83862m²
Title1023645
Type of titleFreehold
Legal descriptionLOT 1 DP 568166
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 568166
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningRural A

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Allenton School
3.03 km
Primary
1-6
Government
Co-Educational
EQI: 435
7
Ashburton College
3.93 km
Secondary
9-15
Government
Co-Educational
EQI: 467
6
St Joseph's School (Ashburton)
4.77 km
Primary
1-8
Government
Co-Educational
EQI: 404
8
Ashburton Borough School
4.85 km
Primary
1-8
Government
Co-Educational
EQI: 449
7
Ashburton Intermediate
5.10 km
Secondary
7-8
Government
Co-Educational
EQI: 471
6
Ashburton Christian School
6.58 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
Craighead Diocesan School
71.37 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Thomas of Canterbury College
75.51 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
76.59 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9

Property history

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For developers

Unitary plan:Rural A
Land:83862m²
Title:Freehold

Racecourse Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
56 Lane Street, Ashburton
0.44 km
4
1
170m2
Year 2024 Month 11 Day 04
$640,000
Council approved
0.47 km
0m2
Year 2024 Month 10 Day 05
$238,000
Council approved
5 Coniston Drive, Allenton
0.16 km
4
270m2
Year 2024 Month 09 Day 02
$840,000
Council approved
9 Houston Place
0.36 km
3
1
121m2
Year 2024 Month 08 Day 13
-
Council approved
0.55 km
3
226m2
Year 2024 Month 07 Day 22
$1,322,000
Council approved

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