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2 Farquhar Place, Methven, Ashburton, 3 Bedrooms, 1 Bathrooms, House

Sold: $536,952

Sold on 2024 Year 2024 Month 08 Day 08

2 Farquhar Place, Methven, Ashburton

3
1
79m2
517m2

Nestled in a quiet cul-de-sac at 2 Farquhar Place, Methven, Ashburton, this charming residential dwelling on a freehold title was built in 1990. The property boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 79 square meters and a land area of 517 square meters. The exterior walls and roof, made of iron, are in good condition. The property has a level contour and enjoys a capital value of $435,000 as of July 1, 2021, showing a significant increase of 27.94% from the $340,000 value in 2018.

With a HouGarden AVM of $427,500, the latest sale history includes transactions in 2012 for $272,000 and in 1997 for $17,000. This indicates a promising investment growth trend.

Educationally, the property falls within the zones of several well-rated schools, including 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 a quality education for residents.

Updated on August 09, 2024

Council Data

Last update : 2024 09 18
Improvement value$350,000Increased by 32% from year 2021
Land value$180,000Increased by 5% from year 2021
CV(Year 2024 Month 07)$530,000Increased by 21% from year 2021
View typeNo appreciable view
ContourLevel
Land area517m²
Floor area79m²
Decade of construction1990
TitleCB17F/512
Type of titleFreehold
Legal descriptionLOT 7 DP 38450 METHVEN TSHIP
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 7 DEPOSITED PLAN 38450,517m2
ConstructionExternal Walls: Iron
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

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

Property history

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For developers

Unitary plan:-
Land:517m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Surrounding facilities

Farquhar Place Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
69 Racecourse Avenue, Methven
0.06 km
2
1
90m2
Year 2024 Month 06 Day 20
$500,000
Council approved
7 Carr Street, Methven
0.16 km
4
210m2
Year 2024 Month 06 Day 07
$785,000
Council approved
0.04 km
2
1
80m2
Year 2024 Month 06 Day 04
$500,000
Council approved
1/3 Lilley Place, Methven
0.05 km
2
1
80m2
Year 2024 Month 05 Day 13
$440,000
Council approved
49 Spaxton Street, Methven
0.17 km
2
1
-m2
Year 2024 Month 03 Day 27
$410,000
Council approved

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