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Sold: $335,000

Sold on 2024 Year 2024 Month 04 Day 28

Johnston Road, Rakaia, Ashburton

20234m2

Nestled on Johnston Road, Rakaia, Ashburton, this Lifestyle - Vacant property is set on a sprawling 20,234 square meters of levelled land. Embracing the tranquility of a cul-de-sac, this freehold property boasts an unknown roof and wall construction, hinting at a mysterious allure that awaits discovery. With no specified number of bedrooms, bathrooms, or carparks, this property presents a clean slate for potential development.

As for its financial credentials, the property has seen a significant jump in its Capital Value, from $236,000 in 2018 to $302,000 in 2021, marking a growth of 27.97%. The HouGarden AVM estimates the property's worth at $275,000, while the latest sale on 28th April 2024 fetched an impressive $335,000, indicating a strong market interest.

For families with educational concerns, 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, Mount Hutt College with a decile of 9, and the Ashburton Christian School and Ashburton College, rated at a decile of 6. Additionally, Craighead Diocesan School offers another option for secondary education with a decile rating of 9.

Updated on May 15, 2024

Council Data

Last update : 2024 06 12
Improvement value$2,000Increased by 100% from year 2018
Land value$300,000Increased by 27% from year 2018
CV(Year 2021 Month 07)$302,000Increased by 27% from year 2018
View typeNo appreciable view
ContourLevel
Land area20234m²
TitleCB20B/526
Type of titleFreehold
Legal descriptionSEC 5 BLK I RAKAIA VILLAGE SETTLEMENT
CouncilAshburton
Estate descriptionFSIM,1/1,SECTION 5 BLOCK I RAKAIA VILLAGE SETTLEMENT
ConstructionExternal Walls: Unknown Roof: Unknown
ConditionExternal Walls: Unknown Roof: Unknown

School zones

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

Property history

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For developers

Unitary plan:-
Land:20234m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
15 Robinson Street
0.39 km
2
1
130m2
Year 2024 Month 04 Day 22
$415,000
Council approved
0.15 km
2
1
65m2
Year 2024 Month 04 Day 10
$460,000
Council approved
8.18 km
0m2
Year 2024 Month 03 Day 28
$430,000
Council approved
2.73 km
3
101m2
Year 2024 Month 02 Day 14
$620,000
Council approved
8 Elizabeth Avenue
2.80 km
2
1
102m2
Year 2024 Month 01 Day 30
$418,000
Council approved

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