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367 Highbank Cairnbrae Road, Methven, Ashburton, 0 Bedrooms, 0 Bathrooms

Sold: $5,680,000

Sold on 2024 Year 2024 Month 09 Day 05

367 Highbank Cairnbrae Road, Methven, Ashburton

340m2
1127133m2

Nestled on a vast arable-irrigated land of 1,127,133 square meters, this freehold property at 367 Highbank Cairnbrae Road, Methven, Ashburton, boasts an impressive floor area of 340 square meters. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents a unique opportunity for country living, with a fully furnished sleepout and ample parking. The property's exterior walls and roof construction remain unknown, yet it stands as a testament to the tranquility of a quiet cul-de-sac.

As per the valuation records, the capital value has seen a rapid increase from $4,700,000 in 2021 to $5,150,000 in 2024, marking a growth of 9.57%. The HouGarden AVM estimates the property's worth at $5,282,500, closely aligning with the latest sale price of $5,680,000 in 2024, a significant leap from the previous sale in 2005 at $1,900,000.

For families with school-going children, this 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 October 09, 2024

Council Data

Last update : 2025 02 05
Improvement value$650,000Increased by 14% from year 2021
Land value$4,500,000Increased by 8% from year 2021
CV(Year 2024 Month 07)$5,150,000Increased by 9% from year 2021
Land area1127133m²
Floor area340m²
Title547624
Type of titleFreehold
Legal descriptionLOT 1 DP 4450594
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 440594
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningRural B

School zones

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

Property history

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For developers

Unitary plan:Rural B
Land:1127133m²
Title:Freehold

Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7 Holmes Road, Methven
6.07 km
-m2
Year 2025 Month 01 Day 29
-
Council approved
6.19 km
0m2
Year 2024 Month 12 Day 17
$222,500
Council approved
15 Holmes Road, Methven
6.16 km
-m2
Year 2024 Month 12 Day 02
-
Council approved
367 Highbank School Road, Methven
2.46 km
4
230m2
Year 2024 Month 11 Day 21
$1,150,000
Council approved
6.24 km
0m2
Year 2024 Month 08 Day 21
$213,000
Council approved

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