Located at 1/12 Wallace Street, Kensington, Timaru, this residential property offers a smart investment opportunity. It features 2 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 102 square meters. The property is a Cross-Lease title and boasts a low-maintenance concrete exterior and an iron roof, both in good condition. Built in 1970, this level-contoured property is described as a solid, sunny front unit with a low-maintenance block exterior and a near-new roof. The living space is complemented by a conservatory and an adjoining kitchen with ramp access. Bedrooms come with built-in wardrobes, and the unit is well-heated by a heat pump, with insulation in the ceiling and underfloor. Additionally, it features easy drive-on access to an internal single garage, with a separate laundry area.
The property's capital value has seen a significant increase, from $290,000 on September 1, 2020, to $375,000 on September 1, 2023, marking a 29.31% growth. The latest sale on February 12, 2024, was at $375,000, up from $272,000 on January 16, 2019. The HouGarden AVM estimates the property's value at $357,500.
In terms of education, the property is zoned for several schools including St Joseph's School (Timaru) with a decile rating of 7, Craighead Diocesan School with a decile of 9, Timaru South School with a decile of 2, and Roncalli College with a decile of 7. These schools offer a range of educational levels from full primary to secondary (Year 7-15 and Year 9-15).
Updated on April 05, 2024.
Name | Distance | 类型 | Year | 属性 | Gender | Score | Decile | |
---|---|---|---|---|---|---|---|---|
Timaru South School | 0.68 km | Primary | 1-8 | Government | Co-Educational | EQI: 515 | 2 | |
Roncalli College | 0.80 km | Secondary | 9-15 | Government | Co-Educational | EQI: 447 | 7 | |
Craighead Diocesan School | 2.65 km | Secondary | 7-15 | Government | Single Sex-Girls | EQI: 405 | 9 | |
St Joseph's School (Timaru) | 3.65 km | Primary | 1-8 | Government | Co-Educational | EQI: 404 | 7 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.32 km | 2 | 1 | 120m2 | 2024年02月15日 | $438,500 | Council approved | ||
0.31 km | 2 | 1 | 120m2 | 2024年02月09日 | $420,000 | Council approved | ||
0.40 km | 3 | 134m2 | 2023年12月05日 | $517,000 | Council approved | |||
0.21 km | 4 | 129m2 | 2023年11月30日 | $467,500 | Council approved | |||
0.10 km | 3 | 110m2 | 2023年11月18日 | $478,000 | Council approved |