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Sold: $550,000

Sold on 2024 Year 2024 Month 07 Day 23

2/3 Darroch Street, Belfast, Christchurch

4
140m2

Nestled in the serene cul-de-sac of Darroch Street, Belfast, Christchurch, this residential ownership home unit boasts 2 bedrooms and a single carpark. Constructed in 1968 with concrete walls and an iron roof, both in good condition, this property sits on a level contour. It holds a Cross-Lease title and offers a comfortable floor area of 140 square meters.

As per the latest valuation, the capital value has seen a significant increase from $355,000 in August 2019 to $495,000 in August 2022, showcasing a growth rate of 39.44%. The HouGarden AVM estimates the property's worth at $500,000, while the latest sale records show transactions at $550,000 in July 2024 and $200,000 in January 2011.

For families with school-aged children, this property falls within the catchment area of several well-regarded schools. Christ the King School is an 8-decile full primary, Villa Maria College a 9-decile secondary school, Middleton Grange School (Years 11-13) a 9-decile composite, Belfast School a 7-decile full primary, and Emmanuel Christian School an 8-decile composite, among others.

Updated on September 11, 2024

Council Data

Last update : 2025 02 19
Improvement value$245,000Increased by 17% from year 2019
Land value$250,000Increased by 71% from year 2019
CV(Year 2022 Month 08)$495,000Increased by 39% from year 2019
View typeNo appreciable view
ContourLevel
Floor area140m²
Decade of construction1968
TitleCB7D/1038
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 26031 ON LOT 6 DP 1291 HAVING SHARE IN 911 M2
CouncilChristchurch
Estate descriptionFSIM,1/2,LOT 6 DEPOSITED PLAN 1291,1012m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Belfast School
1.17 km
Primary
1-8
Government
Co-Educational
EQI: 461
7
St Joseph's School (Papanui)
5.20 km
Primary
1-8
Government
Co-Educational
EQI: 392
9
Emmanuel Christian School
5.27 km
Combined
1-10
Government
Co-Educational
EQI: 419
8
Papanui High School
5.65 km
Secondary
9-15
Government
Co-Educational
EQI: 462
7
Christchurch Adventist School
6.37 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Christ The King School (Burnside)
8.55 km
Primary
1-8
Government
Co-Educational
EQI: 370
8
Te Puna Wai o Waipapa - Hagley College
10.41 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Marian College
10.64 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Villa Maria College
10.76 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Middleton Grange School
11.23 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Suburban
Land:-
Title:Cross-Lease

Surrounding facilities

Darroch Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.19 km
3
200m2
Year 2024 Month 11 Day 19
$515,000
Council approved
7a Factory Road, Belfast
0.20 km
3
1
110m2
Year 2024 Month 11 Day 12
-
Council approved
1/8 Darroch Street, Belfast
0.03 km
3
1
106m2
Year 2024 Month 10 Day 16
-
Council approved
3/820 Main North Road, Belfast
0.06 km
2
1
60m2
Year 2024 Month 09 Day 13
$440,000
Council approved
793 Main North Road, Belfast
0.25 km
5
2
180m2
Year 2024 Month 09 Day 03
-
Council approved

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