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73b Bush Street, Rangiora, Waimakariri, 2 Bedrooms, 1 Bathrooms

Sold: $430,000

Sold on 2024 Year 2024 Month 08 Day 07

73b Bush Street, Rangiora, Waimakariri

2
1
100m2

Nestled in the tranquility of a quiet cul-de-sac at 73b Bush Street, Rangiora, Waimakariri, this 1987-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with durable fibrous cement walls and an iron roof in good condition, it sits on a levelled contour with approximately 350m2 of land area. The home is heated by an efficient heat pump and is part of a cross-lease ownership. The latest sale history shows a significant jump from $93,000 in 1998 to $430,000 in 2024, indicating a capital value increase of 482.76%.

As per the government's valuation, the capital value has risen from $290,000 in August 2019 to $430,000 in July 2022. HouGarden AVM estimates the property's worth at $432,500. This growth trajectory highlights the investment potential of this property.

For families with children, the property falls within the catchment area of esteemed schools. Rangiora High School and Rangiora New Life School both have a decile rating of 9, while Rangiora Borough School stands at a decile 7. Marian College and Christchurch Adventist School are also within reach, offering diverse educational options.

Updated on September 25, 2024

Council Data

Last update : 2025 01 22
Improvement value$165,000Reduced by -10% from year 2019
Land value$265,000Increased by 152% from year 2019
CV(Year 2022 Month 07)$430,000Increased by 48% from year 2019
View typeNo appreciable view
ContourLevel
Floor area100m²
Decade of construction1987
TitleCB30B/948
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 52130 ON LOT 1 DP 49517 - HAVING 1/2 INT IN 733 SQ METRES
CouncilWaimakariri
Estate descriptionFSIM,1/2,LOT 1 DEPOSITED PLAN 49517,733m2
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRes2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rangiora Borough School
0.88 km
Primary
1-8
Government
Co-Educational
EQI: 462
7
Rangiora New Life School
1.02 km
Combined
1-13
Government
Co-Educational
EQI: 431
9
Rangiora High School
1.83 km
Secondary
9-15
Government
Co-Educational
EQI: 448
9
Christchurch Adventist School
20.73 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
25.51 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8

Property history

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For developers

Unitary plan:Res2
Land:-
Title:Cross-Lease

Surrounding facilities

Bush Street Neighborhood and Surrounding Data

Mortgage

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Bed
Bath
Floor area
Sold date
Sold
Data source
9 Coates Place, Rangiora
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1
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Year 2024 Month 11 Day 14
-
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1
-m2
Year 2024 Month 11 Day 05
$570,000
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63 Johns Road, Rangiora
0.16 km
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1
-m2
Year 2024 Month 10 Day 10
-
Council approved
48 Johns Road, Rangiora
0.20 km
5
2
161m2
Year 2024 Month 09 Day 24
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Council approved
54 Bush Street, Rangiora
0.16 km
3
1
107m2
Year 2024 Month 08 Day 27
-
Council approved

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