2/547 Worcester Street, Linwood, Christchurch

Nestled in a serene cul-de-sac at 2/547 Worcester Street, Linwood, Christchurch, this 3-bedroom, 1-bathroom residential unit is a gem on the market. Constructed in 1978 with concrete walls and tiled roofing, this cross-lease property is in a good condition both inside and out. It boasts a floor area of 88 square meters, a single car park, and a cozy pellet fire, complemented by an HRV system for comfort. The recent updates to the kitchen and laundry flooring add a fresh touch. With a current Capital Value (CV) of $385,000, it has seen a 57.14% increase since 2019. The property's latest sale history includes transactions in 2006 and 2005, with prices of $185,000 and $145,000 respectively. The HouGarden AVM estimates the property value at $382,500.

As for the government valuation, the property has shown a steady rise in value. The CV was $245,000 in August 2019, jumping to $385,000 by August 2022. This growth trajectory is a testament to the investment potential of this property. The location is strategically positioned near popular cafes, parks, and the Eastgate Mall, with easy access to beaches and public transport.

For families with children, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), and more. These educational institutions cater to various age groups and offer a range of decile ratings, ensuring quality education is within reach.

Updated on November 20, 2024