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Nestled in the heart of Rolleston at 5 Upham Lane, this 2-bedroom, 1-bathroom residence with a single carpark is the essence of modern living. Constructed in 2022 with a mix of materials for the walls and iron for the roof, this freehold property sits on a level contour with a floor area of 89sqm and a land area of 202sqm. Both the walls and roof are in good condition, offering a low-maintenance lifestyle. The property's capital value as of September 2021 is $550,000, reflecting a significant increase from the latest sale in March 2024 at $575,000 and the previous sale in July 2022 at $581,000. The HouGarden AVM estimates the property's value at $530,000, making it an attractive investment.
With a history of steady capital value growth, this property is not just a home but a sound financial investment. The government valuations and recent sale prices are a testament to its increasing worth in the Rolleston real estate market.
For families with children, the property falls within the zone for several high-performing schools. These include Villa Maria College (decile 9), Rolleston Christian School (decile 9), Te Rohutu Whio, Rolleston College (decile 10), St Thomas of Canterbury College (decile 8), Middleton Grange School (Years 11-13, decile 9), and Christchurch Adventist School (decile 5). This address offers access to quality education, ensuring a bright future for the young ones.
Updated on April 17, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.13 km | 0m2 | Year 2024 Month 10 Day 29 | $434,783 | Council approved | ||||
 | 0.13 km | 3 | 121m2 | Year 2024 Month 10 Day 27 | $665,000 | Council approved | ||
 | 0.15 km | 3 | 149m2 | Year 2024 Month 10 Day 23 | $710,000 | Council approved | ||
0.14 km | 3 | 1 | 100m2 | Year 2024 Month 09 Day 11 | $630,000 | Council approved | ||
0.14 km | 3 | 130m2 | Year 2024 Month 08 Day 10 | $671,000 | Council approved |