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120/2 Wai-Iti Road, Highfield, Timaru, 3 bedrooms, 0浴

Sold: $435,000

2024年03月04日售出

120/2 Wai-Iti Road, Highfield, Timaru

3
110m2
$1,871/Monthly repayments
Based on estimate value

Nestled in the serene Highfield of Timaru, this 2-bedroom unit with a single carpark is a perfect blend of convenience and comfort. Constructed in 1976 with mixed materials for the walls and iron for the roof, it sits on a level contour and boasts a floor area of 110 square meters under a Cross-Lease title. The property has been well maintained with good wall and roof conditions, making it an ideal bachelor pad or a sound rental investment. Its location is further enhanced by being just a stone’s throw away from the Highfield Mall.

As for the financials, the property’s Capital Value (CV) has seen a growth of 21.82% from $275,000 in 2020 to $335,000 in 2023. HouGarden’s AVM estimates the value at $325,000, while the latest sales were recorded at $435,000 in 2024 and $280,000 in 2018. These figures highlight the increasing desirability of the property in the market.

For families with children, the property falls within the catchment area of several reputable schools. St Joseph's School (Timaru) and Craighead Diocesan School, both with high decile ratings of 7 and 9 respectively, are among the notable institutions in the zone. Other schools include Waimataitai School, Bluestone School, and Roncalli College, catering to various educational needs.

Updated on April 10, 2024

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School zones

Name
Distance
类型
Year
属性
Gender
Score
Decile
Craighead Diocesan School
0.45 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Waimataitai School
0.71 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
Bluestone School
0.90 km
Primary
1-8
Government
Co-Educational
EQI: 473
5
St Joseph's School (Timaru)
1.41 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Roncalli College
1.85 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Council Data

Last update : 2024 05 01
Improvement value$180,000Increased by 13% from year 2020
Land value$155,000Increased by 32% from year 2020
CV(Year 2023 Month 09)$335,000Increased by 21% from year 2020
景色
景色No appreciable view
坡度
坡度Level
建筑面积
建筑面积110m²
建造年代
建造年代1976
地契编号
地契编号CB17A/224
地契类型
地契类型Cross-Lease
法律描述
法律描述FLAT 2 DP 38742 WITH UNDIVIDED 1/3 INT IN PT LOT 3 DP 2273
市议会
市议会Timaru
产权描述
产权描述FSIM,1/3,PART LOT 3 DEPOSITED PLAN 2273,662m2
建筑规格
建筑规格External Walls: Mixed Materials Roof: Iron
建筑现况
建筑现况External Walls: Good Roof: Good
城市规划
城市规划RES 1

Property history

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For developers

Unitary plan:RES 1
Land:-
Title:Cross-Lease
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/120 Wai-iti Road
0.24 km
1
1
110m2
2024年03月15日
$435,000
Council approved
1A Onslow Street
0.35 km
2
1
127m2
2024年01月12日
$605,000
Council approved
0.13 km
3
134m2
2023年12月13日
$680,000
Council approved
0.24 km
6
0m2
2023年11月29日
$270,000
Council approved
0.33 km
3
188m2
2023年11月10日
$1,085,000
Council approved

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