Nestled in a serene cul-de-sac on 2/282 Sawyers Arms Road, Bishopdale, Christchurch, this 1980-built residential dwelling with a cross-lease title boasts 3 bedrooms, 2 carparks, and a floor area of 104sqm. The property features concrete walls in good condition, a tiled roof, and a level contour, exuding a modern and tidy ambiance. Notably, the capital value has seen a significant increase from $430,000 in 2019 to $620,000 in 2022, reflecting a growth rate of 44.19%.
With a current HouGarden AVM of $592,500 and a latest sale price of $630,000 in 2024, this property presents a sound investment opportunity. The history of sales shows a consistent rise, with the previous sale in 2014 being $440,000. The property's appeal is further enhanced by its proximity to a range of schools, including Cotswold Matahae School with a decile rating of 8, Breens Intermediate at 7, and the highly-rated Christ the King School, Villa Maria College, and Middleton Grange School, all at decile 8 or 9.
For families with school-aged children, this property falls within a highly sought-after school zone, ensuring access to quality education. The combination of a prime location, strong CV growth, and a desirable school network makes this property an attractive proposition for both investors and families.
Updated on April 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.12 km | 3 | 165m2 | Year 2024 Month 10 Day 08 | $710,000 | Council approved | |||
 | 0.25 km | 2 | 1 | 140m2 | Year 2024 Month 08 Day 12 | - | Council approved | |
 | 0.18 km | 5 | 2 | 278m2 | Year 2024 Month 08 Day 09 | $1,140,000 | Council approved | |
0.02 km | 2 | 110m2 | Year 2024 Month 07 Day 26 | $512,500 | Council approved | |||
 | 0.21 km | 4 | 265m2 | Year 2024 Month 06 Day 20 | $915,000 | Council approved |