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83b Forest Drive, Methven, Ashburton, 2 Bedrooms, 0 Bathrooms, Townhouse

Sold: $525,000

Sold on 2024 Year 2024 Month 02 Day 26

83b Forest Drive, Methven, Ashburton

2
162m2
550m2

Located in the serene 83b Forest Drive, Methven, Ashburton, this spacious two-bedroom plus sunroom home is a gem in a prime location. Built in 2006 with a floor area of 162 sqm and sitting on a 550 sqm freehold land, the property boasts brick walls in good condition and an iron roof also in good condition. The level contour of the property adds to its appeal, making it an ideal choice for those seeking a comfortable and carefree lifestyle. The open-plan kitchen with a small breakfast bar opens into a generous-sized living room equipped with a heat pump, ensuring comfort throughout the seasons. Additionally, the property features a large glassed-in sunporch that flows into a delightful garden setting, separate laundry, and an attached double garage, providing ample space for parking and storage.

Over the years, the property has seen a significant increase in its capital value, from $405,000 on July 1, 2018, to $500,000 on July 1, 2021, marking a 23.46% increase. The HouGarden AVM estimates the property's value at $490,000, while the latest sale on February 4, 2024, was at $525,000, indicating a strong market interest. This property's capital value growth and recent sale history underscore its desirability and potential as a valuable investment.

The property is zoned for several high-decile 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). This wide range of educational options, coupled with the property's prime location, makes it an excellent choice for families seeking quality education for their children.

Updated on March 22, 2024.

Council Data

Last update : 2024 12 11
Improvement value$335,000Reduced by 0% from year 2021
Land value$185,000Increased by 12% from year 2021
CV(Year 2024 Month 07)$520,000Increased by 4% from year 2021
View typeNo appreciable view
ContourLevel
Land area550m²
Floor area162m²
Decade of construction2006
TitleCB44A/161
Type of titleFreehold
Legal descriptionLOT 4 DP 76470
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 76470,550m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential C

School zones

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

Property history

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For developers

Unitary plan:Residential C
Land:550m²
Title:Freehold

Surrounding facilities

Forest Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
77 Forest Drive, Methven
0.06 km
4
1
-m2
Year 2024 Month 12 Day 11
-
Council approved
53 Morgan Street, Methven
0.15 km
2
1
80m2
Year 2024 Month 09 Day 27
$450,000
Council approved
0.15 km
2
1
80m2
Year 2024 Month 09 Day 13
$450,000
Council approved
87 Forest Drive, Methven
0.13 km
3
200m2
Year 2024 Month 07 Day 30
$650,000
Council approved
30 Chapman Street, Methven
0.07 km
7
1
260m2
Year 2024 Month 07 Day 08
$436,200
Council approved

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