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38 Marine Drive, Diamond Harbour, Christchurch, 2 Bedrooms, 1 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 11 Day 04

38 Marine Drive, Diamond Harbour, Christchurch

2
1
58m2
670m2

Nestled at 38 Marine Drive, Diamond Harbour, Christchurch, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and a compact yet functional floor area of 58 square meters. Constructed in 1950 with fibrous cement walls and an aluminium roof in average condition, it sits on a steep fall contour with a generous land area of 670 square meters. The property, with a current Capital Value (CV) of $520,000, has seen a remarkable increase of 55.22% from its previous CV of $335,000 in 2019.

With a HouGarden AVM of $515,000, the latest sale history includes transactions at $290,000 in 2015 and $190,000 in 2011, indicating a steady growth in value. This property offers a serene escape from the city hustle, with potential for further improvement and negotiation over $449,000.

Located in a prime school zone, the area is served by Middleton Grange School (Decile 9), Aidanfield Christian School (Decile 8), Cashmere High School (Decile 9), Christchurch Adventist School (Decile 5), and Marian College (Decile 8), ensuring access to quality education.

Updated on November 04, 2024

Council Data

Last update : 2024 12 11
Improvement value$200,000Increased by 11% from year 2019
Land value$320,000Increased by 106% from year 2019
CV(Year 2022 Month 08)$520,000Increased by 55% from year 2019
DeckYes
View typeFocal Point Of view - Water
ContourSteep Fall
Land area670m²
Floor area58m²
Decade of construction1950
Title349533
Type of titleFreehold
Legal descriptionLOT 1 DP 387325
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 387325,670m2
ConstructionExternal Walls: Fibrous Cement
Roof: Aluminium
ConditionExternal Walls: Average
Roof: Average
ZoningResidential Banks Peninsula

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cashmere High School
11.56 km
Secondary
9-15
Government
Co-Educational
EQI: 418
9
Marian College
12.36 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Aidanfield Christian School
15.18 km
Combined
1-13
Government
Co-Educational
EQI: 377
8
Middleton Grange School
16.50 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Christchurch Adventist School
17.61 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Banks Peninsula
Land:670m²
Title:Freehold

Surrounding facilities

Marine Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
31 Whero Avenue, Diamond Harbour
0.33 km
2
126m2
Year 2024 Month 10 Day 14
$525,000
Council approved
12 Marine Drive, Diamond Harbour
0.46 km
2
1
90m2
Year 2024 Month 09 Day 09
$660,000
Council approved
34 Waipapa Avenue, Diamond Harbour
0.19 km
4
2
0m2
Year 2024 Month 08 Day 25
$800,000
Council approved
47 Waipapa Avenue, Diamond Harbour
0.24 km
3
220m2
Year 2024 Month 06 Day 27
$360,000
Council approved
17 Whero Avenue, Diamond Harbour
0.26 km
3
1
66m2
Year 2024 Month 06 Day 24
$670,000
Council approved

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