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8 Balmoral Street, Marchwiel, Timaru, 3 Bedrooms, 0 Bathrooms, House

Sold: $410,000

Sold on 2024 Year 2024 Month 10 Day 02

8 Balmoral Street, Marchwiel, Timaru

3
111m2
966m2

Embrace the allure of a bygone era with this charming 1930s residence, proudly sitting behind an enchanting picket fence on the serene 8 Balmoral Street, Marchwiel, Timaru. This freehold property, with its Iron roof and Wood exterior, offers a cozy 111sqm floor area on a steeply contoured 966sqm section. It boasts three ample bedrooms, two car parks, and an open-plan living space that marries vintage charm with modern practicality. The property's Capital Value has seen a rapid increase of 38.71%, from $310,000 in 2020 to $430,000 as of 2023, while the HouGarden AVM estimates it at $427,500. The latest sales history shows transactions at $410,000 in 2024 and $415,000 in 2021, indicating a stable growth trend in the area.

For families with school-aged children, the property falls within the catchment of several well-regarded institutions. St Joseph's School and Highfield School, both with a decile rating of 7, cater to primary students, while Mountainview High School and Roncalli College, with deciles 6 and 7 respectively, serve secondary students. Craighead Diocesan School, a prestigious secondary school with a decile rating of 9, is also within reach.

With its blend of timeless appeal and modern convenience, this property is not just a home but an investment in a promising future.

Updated on November 20, 2024

Council Data

Last update : 2025 01 22
Improvement value$250,000Increased by 25% from year 2020
Land value$180,000Increased by 62% from year 2020
CV(Year 2023 Month 09)$430,000Increased by 38% from year 2020
DeckYes
View typeFocal Point Of view - Other
ContourSteep Fall
Land area966m²
Floor area111m²
Decade of construction1930
TitleCB6D/31
Type of titleFreehold
Legal descriptionLOT 31 DP 24821
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 31 DEPOSITED PLAN 24821,966m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

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

Property history

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For developers

Unitary plan:RES 1
Land:966m²
Title:Freehold

Surrounding facilities

Balmoral Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.26 km
3
1
122m2
Year 2024 Month 12 Day 20
-
Council approved
50 Balmoral Street, Marchwiel
0.28 km
3
1
110m2
Year 2024 Month 12 Day 03
-
Council approved
42 Lindsay Street
0.07 km
4
2
200m2
Year 2024 Month 11 Day 20
-
Council approved
20 Carlisle Place, Marchwiel
0.24 km
3
190m2
Year 2024 Month 10 Day 15
$675,000
Council approved
106 Pages Road, Timaru Central
0.18 km
4
1
147m2
Year 2024 Month 09 Day 26
-
Council approved

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