19 Caleb Place, Northwood, Christchurch

Nestled in the serene cul-de-sac of 19 Caleb Place, Northwood, Christchurch, this 2006-built, freehold property boasts a capital value that has seen a rapid increase of 38.18% over the past three years. The 3-bedroom, 2-carpark home sits on a level 450sqm section with a well-maintained brick exterior and tiled roof. Inside, the 180sqm floor area is thoughtfully designed for modern living, with an open-plan layout that bathes in natural light. The property's latest sale history and HouGarden AVM reflect a healthy market interest, with the latest sale reaching $850,000, up from $510,000 in 2011.

With a government valuation of $760,000 as of August 2022, and an AVM of $730,000, the property presents a sound investment. The CV has surged from $550,000 in 2019, indicating a strong growth trajectory. The location is further enhanced by its proximity to a range of well-regarded schools, including Christ the King School and Villa Maria College, both with high decile ratings.

For families with school-aged children, the property falls within the zones of Papanui High School, St Joseph's School, and others, offering a selection of educational institutions with impressive decile scores. This charming residence not only promises an easy living experience but also stands as a wise investment in a sought-after school district.

Updated on April 18, 2024