Nestled in a serene cul-de-sac at 13 Coulter Street, Linwood, Christchurch, this freehold property boasts a generous land area of 1404sqm and a floor area of 100sqm. Constructed in 1947 with wood walls and a fibrous cement roof, it presents an average condition both inside and out. The residence comprises 3 bedrooms, 1 bathroom, and a carpark. Notably, the capital value has surged by 61.67% from $300,000 in 2019 to $485,000 in 2022, showcasing a rapid appreciation. The latest sale in 2024 was recorded at $537,000, a testament to its investment potential.
As for the valuation, the HouGarden AVM estimates the property at $470,000. The government’s CV increase reflects a promising trend for potential investors. Moreover, the property is equipped with a heat pump and boasts a large living and dining area, ideal for family gatherings. The fully fenced grounds offer ample space and privacy, with a bonus of included lawn mowing services.
When it comes to education, the property falls within the zone of several esteemed schools, including Middleton Grange School (Decile 9) and Marian College (Decile 8), ensuring top-notch education for the family. This, coupled with its convenient location near malls, public transport, and parks, makes it an attractive option for both investors and families.
Updated on August 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 2 | 1 | -m2 | Year 2024 Month 12 Day 06 | - | Council approved | |
 | 0.26 km | 2 | 1 | 70m2 | Year 2024 Month 11 Day 07 | - | Council approved | |
 | 0.05 km | 3 | 1 | 129m2 | Year 2024 Month 10 Day 24 | - | Council approved | |
 | 0.10 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 03 | $570,000 | Council approved | |
 | 0.21 km | 3 | 117m2 | Year 2024 Month 08 Day 28 | $580,000 | Council approved |