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176ad Wai-Iti Road, Highfield, Timaru, 0 Bedrooms, 1 Bathrooms

Sold: $180,000

Sold on 2024 Year 2024 Month 10 Day 21

176ad Wai-Iti Road, Highfield, Timaru

1
60m2

Nestled at 176ad Wai-Iti Road, Highfield, Timaru, this residential ownership home unit boasts a single bathroom and a modest floor area of 60 square meters. Constructed in 1950 with roughcast walls and an iron roof, both in average condition, it sits on a level contour. The property holds a Unit Title and has seen a significant jump in its capital value from $200,000 in 2020 to $245,000 as of 2023, indicating a growth rate of 22.5%.

With a HouGarden AVM valuation matching the current capital value, this property's latest sale history includes transactions for $95,000 in 2005 and $180,000 in 2024. These figures reflect a promising investment trend in this quiet cul-de-sac.

For families with school-aged children, the property falls within the catchment area of several esteemed institutions. 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 offers a secondary education with a higher decile rating of 9.

Updated on November 27, 2024

Council Data

Last update : 2025 01 15
Improvement value$130,000Increased by 9% from year 2020
Land value$115,000Increased by 41% from year 2020
CV(Year 2023 Month 09)$245,000Increased by 22% from year 2020
View typeNo appreciable view
ContourLevel
Floor area60m²
Decade of construction1950
TitleCB26K/16
Type of titleUnit Title
Legal descriptionPRINCIPAL UNIT D DP 47740 ON LOT 1 DP 16760 WITH 1/8 INT IN COMMON PROPERTY BODY CORPORATE 47740
CouncilTimaru
Estate descriptionSTFH,1/1,UNIT D AND ACCESSORY UNIT D1 DEPOSITED PLAN 47740
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

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

Property history

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For developers

Unitary plan:RES 1
Land:-
Title:Unit Title

Surrounding facilities

Wai-Iti Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.22 km
3
1
104m2
Year 2024 Month 11 Day 26
-
Council approved
0.22 km
3
104m2
Year 2024 Month 11 Day 22
$420,000
Council approved
12b Sealy Street, Highfield
0.31 km
2
1
130m2
Year 2024 Month 11 Day 22
$620,000
Council approved
0.30 km
3
169m2
Year 2024 Month 09 Day 06
$864,500
Council approved
281 Otipua Road, Highfield
0.20 km
3
1
150m2
Year 2024 Month 07 Day 30
-
Council approved

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