Nestled in the tranquility of a quiet cul-de-sac at 24a King Street, Netherby, Ashburton, this freehold property boasts a fair-conditioned brick exterior and an iron roof, built in the year 2000. It features 3 bedrooms, a single carport, and a levelled land area of 463sqm with a floor space of 103sqm, perfect for a growing family. The capital value has seen a rapid increase of 12%, from $375,000 in 2021 to $420,000 as of 2024, reflecting a sound investment opportunity. The latest sales history shows a promising trend, with a sale in September 2024 for $495,000, following another in March 2023 for $423,500. HouGarden AVM estimates the property's value at $417,500, making it an attractive prospect for potential buyers.
With regards to the government's valuation, the property has been on an upward trajectory. The current CV of $420,000 is a significant leap from the previous assessment. This growth, combined with the property's comfortable layout and private setting, makes it a stand-out choice for those seeking a slice of the property market.
For families with school-aged children, the property falls within a highly regarded school zone. It is in close proximity to Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), among others. This ensures access to quality education, adding further value to this already appealing residence.
Updated on November 06, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.65 km | 3 | 1 | 104m2 | Year 2025 Month 01 Day 20 | - | Council approved | |
0.23 km | 3 | 112m2 | Year 2024 Month 10 Day 23 | $400,000 | Council approved | |||
 | 0.59 km | 3 | 1 | 106m2 | Year 2024 Month 09 Day 18 | - | Council approved | |
 | 0.34 km | 3 | 129m2 | Year 2024 Month 09 Day 10 | $510,000 | Council approved | ||
| 0.59 km | 3 | 1 | 106m2 | Year 2024 Month 08 Day 24 | $422,000 | Council approved |