5 Kowhai Drive, Lake Coleridge, Selwyn

Nestled in the friendly community of Lake Coleridge village at 5 Kowhai Drive, this residential dwelling, built in 1970, stands on a levelled 1305sqm of freehold land. The 120sqm floor area includes 3 bedrooms, a separate laundry, and a carpark. The concrete walls and iron roof are in good condition. The property's capital value remains unchanged at $370,000 since July 2021, with a HouGarden AVM of $367,500. The last sale was in 1994 for $72,000. The property is close to high-decile schools such as Villa Maria College and Darfield High School, both with a decile rating of 9.

Since the last sale in 1994, the capital value has seen a steady increase. The latest government valuation reflects a zero growth percentage from the previous period, yet the property holds a significant potential for investment. The HouGarden AVM provides a competitive estimate, making it an attractive opportunity for buyers.

For families with school-aged children, the property falls within the zones of several well-regarded schools, including Villa Maria College, Darfield High School, St Thomas of Canterbury College, Middleton Grange School, and Christchurch Adventist School. These institutions offer diverse educational options and are known for their high standards and decile ratings.

Updated on November 07, 2024