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Sold: $420,000

Sold on 2024 Year 2024 Month 11 Day 22

198 Wai-Iti Road, Highfield, Timaru

3
104m2
592m2

Nestled in a serene cul-de-sac at 198 Wai-Iti Road, Highfield, Timaru, this freehold property boasts a charming 1930's construction with roughcast walls and tiled roofing. The dwelling, with an average condition for both walls and roof, sits on an easy-to-moderate fall contour and offers 104 square meters of floor area, three bedrooms, and a single carpark. Its capital value has seen a significant increase of 23.94% from $355,000 in 2020 to $440,000 as of 2023.

Reflecting its growing value, the property's HouGarden AVM stands at $402,500, while the latest sale history shows a transaction at $420,000 in 2024, following a previous sale at $305,000 in 2016. These numbers are a testament to the property's appeal and investment potential.

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 with a decile rating of 9, offers an exceptional educational opportunity.

Updated on December 18, 2024

Council Data

Last update : 2024 12 18
Improvement value$140,000Reduced by 0% from year 2020
Land value$300,000Increased by 39% from year 2020
CV(Year 2023 Month 09)$440,000Increased by 23% from year 2020
DeckYes
View typeNo appreciable view
ContourEasy/Moderate Fall
Land area592m²
Floor area104m²
Decade of construction1930
TitleCB318/73
Type of titleFreehold
Legal descriptionLOT 2 DP 3653
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 3653,592m2
ConstructionExternal Walls: Roughcast
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

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

Property history

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For developers

Unitary plan:RES 1
Land:592m²
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
149 Douglas Street, Highfield
0.12 km
2
1
90m2
Year 2024 Month 12 Day 19
$405,000
Council approved
281 Otipua Road, Highfield
0.17 km
3
1
150m2
Year 2024 Month 07 Day 30
-
Council approved
184a Wai-iti Road
0.05 km
3
1
100m2
Year 2024 Month 07 Day 18
-
Council approved
290 Otipua Road
0.10 km
3
1
131m2
Year 2024 Month 07 Day 17
-
Council approved
290 Otipua Road, Highfield
0.10 km
3
131m2
Year 2024 Month 07 Day 03
$490,100
Council approved

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