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16 Oak Street, Orari, Timaru, 4 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $910,000

Sold on 2024 Year 2024 Month 06 Day 11

16 Oak Street, Orari, Timaru

4
277m2
20234m2

Welcome to this exceptional property, a stunning 4-bedroom, freehold residence nestled in the tranquility of Oak Street, Orari, Timaru. Constructed in 2000, the home boasts roughcast walls and an iron roof, both in good condition, complemented by a levelled property contour. The interior spans an area of approximately 277sqm, while the land area is an expansive 2.0234 hectares, providing ample space for the family to enjoy a desirable lifestyle.

As for the property's financials, the capital value has seen a remarkable increase of 26.8% over the past three years, from $765,000 to the current $970,000. The HouGarden AVM estimates the property's worth at $945,000, with the latest sale recorded at $910,000 in June 2024, following a previous sale at $779,000 in February 2020.

For families with school-aged children, this property falls within the catchment area of several well-regarded schools, including Geraldine High School and Primary School, both with a decile rating of 8. Other nearby options include Winchester Rural School, St Joseph's School in Temuka, Craighead Diocesan School, and Roncalli College, ensuring a quality education for your children.

Updated on August 07, 2024

Council Data

Last update : 2024 12 11
Improvement value$665,000Increased by 23% from year 2020
Land value$305,000Increased by 35% from year 2020
CV(Year 2023 Month 09)$970,000Increased by 26% from year 2020
View typeFocal Point Of view - Other
ContourLevel
Land area20234m²
Floor area277m²
Decade of construction2000
TitleCB136/180
Type of titleFreehold
Legal descriptionSEC 3 BLK XI ORARI TN
CouncilTimaru
Estate descriptionFSIM,1/1,SECTION 3 BLOCK XI TOWN OF ORARI
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningR 2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Winchester Rural School
5.29 km
Primary
1-6
Government
Co-Educational
EQI: 450
7
Geraldine Primary School
6.72 km
Primary
1-6
Government
Co-Educational
EQI: 431
8
Geraldine High School
6.73 km
Secondary
7-15
Government
Co-Educational
EQI: 451
8
St Joseph's School (Temuka)
11.21 km
Primary
1-8
Government
Co-Educational
EQI: 442
6
Craighead Diocesan School
27.74 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Roncalli College
29.07 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:R 2
Land:20234m²
Title:Freehold

Surrounding facilities

Oak Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5.15 km
4
1
133m2
Year 2024 Month 09 Day 11
-
Council approved
1003 Temuka - Orari Highway, Geraldine
0.69 km
3
102m2
Year 2024 Month 07 Day 27
$400,000
Council approved
3.25 km
3
153m2
Year 2024 Month 07 Day 25
$760,000
Council approved
5.05 km
4
125m2
Year 2024 Month 07 Day 10
$580,000
Council approved
119 Orari Back Road, Geraldine
4.37 km
3
203m2
Year 2024 Month 07 Day 01
$975,000
Council approved

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