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Sold: $615,000

Sold on 2024 Year 2024 Month 09 Day 08

7/506 Armagh Street, Linwood, Christchurch

3
112m2
156m2

Nestled in a serene cul-de-sac at 7/506 Armagh Street, Linwood, Christchurch, this residential ownership home unit boasts a freehold title. The modern 112sqm floor area is complemented by a well-maintained mixed materials exterior and a robust iron roof. The property, built in 2024, stands on a level 156sqm section with a single carpark. It features 3 bedrooms and is valued at $640,000 according to the latest government valuation, reflecting a strong capital value growth potential.

History shows a consistent rise in value, with the HouGarden AVM estimating the property at $612,500. The latest sale on September 8, 2024, was for $615,000, indicating a healthy market interest and a capital value increase percentage that is sure to impress investors.

For families, the property falls within a desirable school zone. With top-notch educational facilities and a high decile rating, the nearby schools are a significant draw for those seeking quality education for their children.

Updated on October 23, 2024

Council Data

Last update : 2025 01 15
Improvement value$460,000
Land value$180,000
CV(Year 2022 Month 08)$640,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area156m²
Floor area112m²
Decade of construction2024
Title1182716
Type of titleFreehold
Legal descriptionLOTS 15,16 DP 603878
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 15 DEPOSITED PLAN 603878,156m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Christchurch East School
0.95 km
Primary
1-8
Government
Co-Educational
EQI: 467
3
Te Aratai College
1.22 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Whītau School
1.34 km
Primary
1-6
Government
Co-Educational
EQI: 513
2
Linwood Avenue School
1.41 km
Primary
1-6
Government
Co-Educational
EQI: 511
2
Catholic Cathedral College
1.48 km
Secondary
7-15
Government
Co-Educational
EQI: 456
4
Marian College
1.61 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Pareawa Banks Avenue School
1.75 km
Primary
1-6
Government
Co-Educational
EQI: 463
4
St Mary's School (Christchurch)
1.78 km
Primary
1-8
Government
Co-Educational
EQI: 408
4
Te Waka Unua School
2.15 km
Primary
1-8
Government
Co-Educational
EQI: 512
2
Te Oraka
2.26 km
Secondary
7-8
Government
Co-Educational
EQI: 514
4

Property history

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For developers

Unitary plan:Residential Medium Density
Land:156m²
Title:Freehold

Surrounding facilities

Armagh Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7/506 Armagh Street, Linwood
0.02 km
3
2
-m2
Year 2024 Month 09 Day 16
-
Council approved
3/504 Armagh Street, Linwood
0.03 km
2
2
-m2
Year 2024 Month 08 Day 15
-
Council approved
4/504 Armagh Street, Linwood
0.03 km
2
2
-m2
Year 2024 Month 08 Day 09
-
Council approved
0.03 km
2
1
72m2
Year 2024 Month 08 Day 02
$516,000
Council approved
3/506 Armagh Street, Linwood
0.01 km
2
2
-m2
Year 2024 Month 07 Day 25
-
Council approved

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