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295 Wai-Iti Road, Glenwood, Timaru, 4 Bedrooms, 0 Bathrooms

Sold: $499,100

Sold on 2024 Year 2024 Month 09 Day 20

295 Wai-Iti Road, Glenwood, Timaru

4
118m2
533m2

Nestled on Wai-Iti Road in the serene Glenwood, Timaru, this charming 1910-built residence boasts a freehold title and presents a versatile layout that can be configured as a 4-bedroom, 1-living area home or a 3-bedroom, 2-living area haven. The property features an iron roof, wood exterior walls, and an average condition throughout. With a floor area of 118 square meters and a land area of 533 square meters, this home is well-insulated and equipped with the choice of a woodburner or heat-pump for the cooler months. The section is poised for subdivision, yet will retain ample space for a garden, with plans for a new fence and driveway.

Boasting a capital value of $500,000 as of September 2023, the property has seen a CV increase of 21.95% since September 2020. The HouGarden AVM estimates the property's value at $495,000, while the latest sale records from September 2024 and April 2021 indicate values of $499,100 and $440,000 respectively.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools. St Joseph's School and Highfield School are both full primary schools with a decile rating of 7. Mountainview High School and Roncalli College cater to secondary students with decile ratings of 6 and 7 respectively, while Craighead Diocesan School, a secondary school for Years 7-15, holds a decile rating of 9.

Updated on November 06, 2024

Council Data

Last update : 2025 01 15
Improvement value$230,000Increased by 70% from year 2020
Land value$270,000Reduced by -1% from year 2020
CV(Year 2023 Month 09)$500,000Increased by 21% from year 2020
DeckYes
View typeNo appreciable view
ContourEasy/Moderate Fall
Land area533m²
Floor area118m²
Decade of construction1910
Title1093159
Type of titleFreehold
Legal descriptionLOT 1 DP 583060
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 583060,533m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Highfield School
0.27 km
Primary
1-8
Government
Co-Educational
EQI: 476
7
Craighead Diocesan School
1.15 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Mountainview High School
1.50 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
St Joseph's School (Timaru)
1.59 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Roncalli College
3.19 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:533m²
Title:Freehold

Surrounding facilities

Wai-Iti Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.24 km
2
1
81m2
Year 2024 Month 11 Day 13
-
Council approved
0.24 km
2
1
81m2
Year 2024 Month 10 Day 30
$379,000
Council approved
37a Puriri Street, Highfield
0.28 km
2
1
100m2
Year 2024 Month 10 Day 23
$425,000
Council approved
11 Hillsden Place
0.28 km
3
1
200m2
Year 2024 Month 10 Day 14
-
Council approved
279 Wai-Iti Road, Glenwood
0.28 km
4
236m2
Year 2024 Month 07 Day 22
$600,000
Council approved

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