Nestled in the tranquility of a quiet cul-de-sac at 122 Northbrook Road, Rangiora, this freehold property boasts a modern design with 4 bedrooms, 2 carparks, and a floor area of 210 square meters on a sprawling 602 square meter lot. Constructed with durable brick walls and an iron roof in 2019, both the walls and roof are in good condition. The property, valued at $860,000 as per the latest government valuation, has seen a remarkable CV increase of 55.95% since 2019. The latest sale history includes a transaction in 2024 for $820,000, and a previous one in 2018 for $176,000, while the HouGarden AVM estimates the property's worth at $837,500.
With a capital value growth that outpaces the market average, this property is not just an investment but a promise of a secure future. The surrounding wetlands offer a serene backdrop, where one can enjoy the antics of wildlife right from the doorstep, making every day feel like a vacation.
For families with school-going children, the property falls within the catchment area of esteemed institutions such as Rangiora High School and Rangiora Borough School, both with high decile ratings. This ensures access to quality education, adding further value to this already desirable property.
Updated on August 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 3 | 209m2 | Year 2024 Month 10 Day 31 | $800,000 | Council approved | ||
 | 0.16 km | 4 | 2 | 220m2 | Year 2024 Month 10 Day 24 | $934,000 | Council approved | |
 | 0.83 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 26 | - | Council approved | |
 | 0.31 km | 4 | 2 | -m2 | Year 2024 Month 08 Day 05 | - | Council approved | |
 | 0.88 km | 4 | 220m2 | Year 2024 Month 07 Day 19 | $845,000 | Council approved |