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Sold: $180,000

Sold on 2024 Year 2024 Month 11 Day 18

15 Elmwood Drive, Methven, Ashburton

830m2

Nestled on a level plot at 15 Elmwood Drive, Methven, Ashburton, this residential vacant land boasts a freehold title. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable. With a land area of 830 square meters, it presents a blank canvas for your dream home.

As per the latest valuations, the capital value has seen a decrease of 18.75% from $240,000 to $195,000 between 2021 and 2024. However, the HouGarden AVM estimates the property at $220,000, and recent sale history shows a consistent upward trend, with the last sale on November 18, 2024, fetching $180,000, up from $172,000 in August 10, 2021.

For families with school-aged children, the property falls within the zones of several high-performing schools. These include Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Methven School (Decile 9), Mount Hutt College (Decile 9), Ashburton Christian School (Decile 6), and Craighead Diocesan School (Decile 9), ensuring access to quality education.

Updated on December 18, 2024

Council Data

Last update : 2025 02 05
View typeNo appreciable view
ContourLevel
Land area830m²
Title1064333
Type of titleFreehold
Legal descriptionLOT 7 DP 577161
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 7 DEPOSITED PLAN 577161,831m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningResidential C

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Methven School
0.71 km
Primary
1-6
Government
Co-Educational
EQI: 423
9
Mount Hutt College
0.73 km
Secondary
7-15
Government
Co-Educational
EQI: 436
9
Ashburton Christian School
32.26 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
St Thomas of Canterbury College
74.58 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
75.58 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Craighead Diocesan School
89.93 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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For developers

Unitary plan:Residential C
Land:830m²
Title:Freehold

Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7 Wayne Place, Methven
0.18 km
4
2
238m2
Year 2025 Month 01 Day 21
$870,000
Council approved
23 South Belt, Methven
0.20 km
3
1
100m2
Year 2025 Month 01 Day 10
$605,000
Council approved
25 Colcord Place, Methven
0.25 km
2
2
143m2
Year 2024 Month 11 Day 13
$505,000
Council approved
0.07 km
0m2
Year 2024 Month 10 Day 10
$222,000
Council approved
0.15 km
0m2
Year 2024 Month 09 Day 20
$216,000
Council approved

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