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Sold: $238,000

Sold on 2024 Year 2024 Month 08 Day 01

30b Park Lane, Highfield, Timaru

3
144m2

Nestled in the serene cul-de-sac of Park Lane, Highfield, Timaru, this 1974-built residence boasts a sturdy iron exterior and roof, both in good condition. The 3-bedroom, 1-carpark home sits on a steep fall property contour and is categorised as a residential dwelling under a cross-lease ownership. With a generous floor area of 170 square metres, this property offers comfort and potential.

Boasting a significant increase in Capital Value, from $265,000 in 2020 to $390,000 in 2023, this property has seen a growth rate of 47.17%. The HouGarden AVM estimates the property's value at $382,500, while the latest sale history shows a sale price of $238,000 in 2024 and $115,000 in 2004, indicating a consistent upward trend in value.

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

Updated on August 28, 2024

Council Data

Last update : 2024 12 11
Improvement value$155,000Increased by 106% from year 2020
Land value$235,000Increased by 23% from year 2020
CV(Year 2023 Month 09)$390,000Increased by 47% from year 2020
DeckYes
View typeNo appreciable view
ContourSteep Fall
Floor area144m²
Decade of construction1974
TitleCB14A/552
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 35013 WITH UNDIVIDED 1/2 INT IN LOT 1 DP 29104
CouncilTimaru
Estate descriptionFSIM,1/2,FLAT 2 DEPOSITED PLAN 35013 AND GARAGE 2 DEPOSITED PLAN 35013
ConstructionExternal Walls: Iron
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waimataitai School
0.52 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
Craighead Diocesan School
0.53 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
1.09 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Mountainview High School
1.51 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Roncalli College
2.08 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:-
Title:Cross-Lease

Surrounding facilities

Park Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
35 Park Lane, Highfield
0.07 km
3
1
174m2
Year 2024 Month 10 Day 26
$555,000
Council approved
40 Grasmere Street
0.22 km
3
1
98m2
Year 2024 Month 09 Day 10
-
Council approved
34 Nile Street
0.13 km
3
2
144m2
Year 2024 Month 08 Day 26
-
Council approved
34 Nile Street, Highfield
0.13 km
3
144m2
Year 2024 Month 08 Day 15
$617,000
Council approved
0.13 km
2
1
110m2
Year 2024 Month 06 Day 20
-
Council approved

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