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Sold: $270,000

Sold on 2024 Year 2024 Month 09 Day 18

64c Rakaia Barrhill Methven Road, Rakaia, Ashburton

4497m2

Nestled on a level plot at 64c Rakaia Barrhill Methven Road, this residential vacant land boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms and bathrooms are not available, the property presents a blank canvas with an unknown roof and wall construction, ready to be transformed into a dream home. The unknown condition of the walls and roof adds an air of mystery to this promising piece of real estate.

As per the latest valuation records, the capital value of this property has seen a growth of 6.38% from $235,000 in 2021 to $250,000 in 2024. The HouGarden AVM estimates the property's worth at $245,000, closely aligning with the government's valuation. The most recent sale in the area took place on September 18, 2024, fetching a price of $270,000, indicating a healthy market interest in the vicinity.

For families with school-aged children, this property falls within the zones of several high-performing schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively. Additionally, Mount Hutt College, Ashburton Christian School, Ashburton College, and Craighead Diocesan School are also within reach, providing a range of educational options for the family to choose from.

Updated on November 06, 2024

Council Data

Last update : 2024 12 11
Improvement value$10,000Increased by 100% from year 2021
Land value$240,000Increased by 4% from year 2021
CV(Year 2024 Month 07)$250,000Increased by 6% from year 2021
View typeNo appreciable view
ContourLevel
Land area4497m²
Title1112891
Type of titleFreehold
Legal descriptionLOT 6 DP 587113
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 6 DEPOSITED PLAN 587113,4497m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningResidential D

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ashburton College
26.33 km
Secondary
9-15
Government
Co-Educational
EQI: 467
6
Ashburton Christian School
26.34 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
Mount Hutt College
31.53 km
Secondary
7-15
Government
Co-Educational
EQI: 436
9
St Thomas of Canterbury College
49.96 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
51.05 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Craighead Diocesan School
94.85 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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For developers

Unitary plan:Residential D
Land:4497m²
Title:Freehold

Rakaia Barrhill Methven Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.76 km
3
108m2
Year 2024 Month 10 Day 04
$435,000
Council approved
0.22 km
0m2
Year 2024 Month 09 Day 25
$225,087
Council approved
0.64 km
0m2
Year 2024 Month 08 Day 23
$178,900
Council approved
0.66 km
0m2
Year 2024 Month 08 Day 15
$195,000
Council approved
0.63 km
0m2
Year 2024 Month 07 Day 03
$173,913
Council approved

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