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Sold: $799,500

Sold on 2024 Year 2024 Month 10 Day 18

23 Raranga Street, Marshland, Christchurch

3
160m2
471m2

Nestled in the tranquility of 23 Raranga Street, Marshland, Christchurch, this 2016-built residential dwelling boasts a freehold title on a levelled contour. The 160sqm floor area is complemented by 3 bedrooms, 2 carparks, and is designed with mixed materials for the walls and tiled roofing, both in good condition. The property's capital value has seen a significant increase from $580,000 in 2019 to $840,000 as of 2022, reflecting a growth rate of 44.83%.

With a HouGarden AVM of $770,000 and recent sales history showing an increase from $548,000 in 2015 to $799,500 in 2024, this property presents a sound investment. The government's capital value assessment has been on an upward trend, indicating a promising future for the property's worth.

For families with school-aged children, the property falls within the catchment area of several well-regarded institutions. Middleton Grange School (Years 11-13) and Marshland School (Full Primary) both have a decile rating of 9, while Emmanuel Christian School is rated 8. Other nearby schools include Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, catering to various educational needs and levels.

Updated on December 04, 2024

Council Data

Last update : 2025 01 09
Improvement value$380,000Increased by 10% from year 2019
Land value$460,000Increased by 95% from year 2019
CV(Year 2022 Month 08)$840,000Increased by 44% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area471m²
Floor area160m²
Decade of construction2016
Title624619
Type of titleFreehold
Legal descriptionLOT 1125 DP 466017
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 1125 DEPOSITED PLAN 466017,471m2
ConstructionExternal Walls: Mixed Materials
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential New Neighbourhood

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Marshland School
0.39 km
Primary
1-8
Government
Co-Educational
EQI: 406
9
Mairehau High School
3.16 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Christchurch Adventist School
5.56 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Emmanuel Christian School
6.39 km
Combined
1-10
Government
Co-Educational
EQI: 419
8
Marian College
7.99 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
8.38 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Middleton Grange School
10.43 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential New Neighbourhood
Land:471m²
Title:Freehold

Surrounding facilities

Raranga Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
17 Ruapani Street, Marshland
0.28 km
4
2
217m2
Year 2024 Month 12 Day 09
-
Council approved
84 Metehau Street, Marshland
0.20 km
4
2
225m2
Year 2024 Month 12 Day 03
-
Council approved
73 Te Korari Street, Marshland
0.38 km
4
2
215m2
Year 2024 Month 11 Day 14
-
Council approved
9 Whitau Place, Marshland
0.36 km
3
2
162m2
Year 2024 Month 10 Day 29
$820,000
Council approved
30 Taiore Crescent, Marshland
0.14 km
3
2
175m2
Year 2024 Month 09 Day 17
$900,000
Council approved

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