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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 : 2025 01 22
Improvement value$10,000Increased by 400% from year 2021
Land value$315,000Increased by 5% from year 2021
CV(Year 2024 Month 07)$325,000Increased by 7% from year 2021
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
ZoningRural A

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:Rural A
Land:20234m²
Title:Freehold

Surrounding facilities

Johnston Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2.52 km
0m2
Year 2024 Month 11 Day 27
$152,174
Council approved
1.91 km
0m2
Year 2024 Month 09 Day 25
$225,087
Council approved
2.06 km
0m2
Year 2024 Month 09 Day 18
$270,000
Council approved
2.54 km
0m2
Year 2024 Month 08 Day 23
$178,900
Council approved
0.35 km
0m2
Year 2024 Month 08 Day 15
$195,000
Council approved

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