Nestled in the serene Harrison Street of Mairehau, Christchurch, this charming 2-bedroom, 1-bathroom unit with a single carpark is a delightful find. Constructed in 2006 with a robust brick exterior and iron roof, both in good condition, this freehold property offers a comfortable living environment. The capital value has seen a remarkable increase from $320,000 in 2019 to $485,000 in 2022, reflecting a growth of 51.56%. The property, with a floor area of 80 square meters, is situated on a level contour, providing ease of access and a low maintenance lifestyle.
With a current HouGarden AVM of $450,000 and a latest sale history of $335,000 in 2020, this property presents a sound investment. The government valuation growth is a testament to the area's desirability. The property's latest sale price in 2006 was $245,000, indicating a steady appreciation over the years.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School, Emmanuel Christian School, and Marian College are among the institutions with high decile ratings, ensuring access to quality education. This combination of location, value appreciation, and educational opportunities makes this property an attractive proposition.
Updated on May 13, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.07 km | 3 | 1 | 118m2 | Year 2024 Month 10 Day 25 | $650,000 | Council approved | |
 | 0.14 km | 2 | 1 | -m2 | Year 2024 Month 10 Day 02 | - | Council approved | |
| 0.07 km | 3 | 1 | 118m2 | Year 2024 Month 07 Day 16 | $430,000 | Council approved | |
 | 0.30 km | 3 | 1 | 110m2 | Year 2024 Month 07 Day 12 | $640,000 | Council approved | |
 | 0.03 km | 3 | 1 | -m2 | Year 2024 Month 07 Day 01 | - | Council approved |