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12 Lachlan Place, Marchwiel, Timaru, 4 Bedrooms, 2 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 02 Day 08

12 Lachlan Place, Marchwiel, Timaru

4
2
240m2
918m2

Introducing 12 Lachlan Place, Marchwiel, Timaru, a splendid residential dwelling that stands as a testament to quality living and comfort. This property, built in 1996, features 4 bedrooms, 2 bathrooms, and accommodates 2 cars with its spacious carparks. Spanning a floor area of 240 square meters on a generous land area of 918 square meters, this freehold property boasts brick walls in good condition and a sturdy tile roof, also in good condition. The property's contour presents a steep rise, offering a unique landscape.

The financial journey of this property has been impressive, with its capital value escalating from $530,000 in September 2020 to $690,000 in September 2023, marking a 30.19% increase. The latest sale records show a transaction at $735,000 on January 30, 2024, following a previous sale at $707,500 on September 20, 2022. The HouGarden AVM estimates the property's value at $660,000, underscoring its desirable market position.

Education is a cornerstone of this property's appeal, located within zones for several reputable schools. St Joseph's School (Timaru) and Highfield School, both full primary schools, boast a decile rating of 7. For secondary education, Mountainview High School and Roncalli College offer comprehensive learning environments with decile ratings of 6 and 7, respectively. Craighead Diocesan School, with its decile 9 rating, provides an excellent option for secondary education from Year 7-15.

Updated on April 05, 2024.

Council Data

Last update : 2024 12 11
Improvement value$380,000Increased by 49% from year 2020
Land value$310,000Increased by 12% from year 2020
CV(Year 2023 Month 09)$690,000Increased by 30% from year 2020
DeckYes
View typeNo appreciable view
ContourSteep rise
Land area918m²
Floor area240m²
Decade of construction1996
TitleCB42A/578
Type of titleFreehold
Legal descriptionLOT 2 DP 72636
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 72636,918m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Mountainview High School
0.55 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
St Joseph's School (Timaru)
0.82 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Highfield School
1.11 km
Primary
1-8
Government
Co-Educational
EQI: 476
7
Craighead Diocesan School
1.20 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Roncalli College
3.49 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:918m²
Title:Freehold

Surrounding facilities

Lachlan Place Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
50 Balmoral Street, Marchwiel
0.43 km
3
1
110m2
Year 2024 Month 12 Day 03
-
Council approved
20 Carlisle Place, Marchwiel
0.33 km
3
190m2
Year 2024 Month 10 Day 15
$675,000
Council approved
8 Balmoral Street, Marchwiel
0.41 km
3
111m2
Year 2024 Month 10 Day 02
$410,000
Council approved
4 Balmoral Street, Marchwiel
0.40 km
3
1
95m2
Year 2024 Month 06 Day 24
$440,000
Council approved
10a Balmoral Street, Marchwiel
0.32 km
3
135m2
Year 2024 Month 06 Day 19
$492,000
Council approved

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