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64 Luxmoore Road, Marchwiel, Timaru, 2 Bedrooms, 1 Bathrooms

Sold: $384,000

Sold on 2024 Year 2024 Month 01 Day 17

64 Luxmoore Road, Marchwiel, Timaru

2
1
75m2
668m2

This charming residential dwelling at 64 Luxmoore Road, Marchwiel, Timaru, boasts 2 bedrooms, 1 bathroom, and a single carpark, covering a floor area of 75 square meters on a generous 668 square meter freehold section. Constructed in 1940 with wood walls in good condition and a tile roof rated as average, this property is perfectly contoured for level living. The home features weatherboard with aluminium window joinery, a kitchen/dining area suitable for a smallish table, a separate lounge with a heat pump, two double bedrooms with wardrobes, a bathroom with shower over bath, two garden sheds, and a single lock-up garage. Early possession is available, and it's conveniently located close to schooling and Ashbury shops.

From a valuation perspective, the capital value has seen a significant increase from $250,000 in September 2020 to $340,000 in September 2023, marking a 36% growth. The latest sale on January 17, 2024, recorded a sale price of $384,000, up from $239,000 in March 2019. The HouGarden AVM estimates the property's value at $325,000.

In terms of education, the property is zoned for several reputable schools including St Joseph's School (Timaru) and Mountainview High School, both offering quality education with decile ratings of 7 and 6, respectively. Other nearby educational institutions include Grantlea Downs School (decile 5), Craighead Diocesan School (decile 9), and Roncalli College (decile 7), ensuring a range of options for families.

Updated on April 06, 2024.

Council Data

Last update : 2024 12 11
Improvement value$115,000Increased by 64% from year 2020
Land value$225,000Increased by 25% from year 2020
CV(Year 2023 Month 09)$340,000Increased by 36% from year 2020
View typeNo appreciable view
ContourLevel
Land area668m²
Floor area75m²
Decade of construction1940
TitleCB18B/993
Type of titleFreehold
Legal descriptionLOT 2 DP 15052
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 15052,667m2
ConstructionExternal Walls: Wood
Roof: Tiles
ConditionExternal Walls: Good
Roof: Average
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Grantlea Downs School
0.58 km
Primary
1-8
Government
Co-Educational
EQI: 492
5
St Joseph's School (Timaru)
1.02 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Craighead Diocesan School
1.41 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Mountainview High School
1.49 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Roncalli College
2.69 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:668m²
Title:Freehold

Surrounding facilities

Luxmoore Road Neighborhood and Surrounding Data

Mortgage

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Floor area
Sold date
Sold
Data source
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1/132 Evans Street, Waimataitai
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Year 2024 Month 09 Day 27
-
Council approved
48 Luxmoore Road, Waimataitai
0.14 km
3
2
110m2
Year 2024 Month 08 Day 28
-
Council approved

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