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12 Gibson Street, Seaview, Timaru, 3 Bedrooms, 0 Bathrooms

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 10 Day 11

12 Gibson Street, Seaview, Timaru

3
120m2
617m2

Nestled at 12 Gibson Street, Seaview, Timaru, this charming residence boasts a freehold title on a 617sqm section. Constructed in 1935 with wood walls and an iron roof, the house presents an average condition both inside and out. It features 3 bedrooms, a modern kitchen, and an open-plan living area heated by a heat pump. The floor area spans 120sqm, allowing for ample space and an indoor-outdoor flow to the deck, which offers scenic views across the town to the hills. The property includes off-street parking and is situated in a centrally convenient location.

As per the latest records, the capital value has shown a significant increase of 24.64% from $345,000 in September 2020 to $430,000 in September 2023. The HouGarden AVM estimates the property's value at $412,500, while the most recent sale was in 2019 for $330,000, showcasing a substantial growth from the $56,500 sale price in 2003.

For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7), Craighead Diocesan School (Decile 9), Waimataitai School (Decile 6), Timaru South School (Decile 2), and Roncalli College (Decile 7), providing a range of educational options.

Updated on October 26, 2024

Council Data

Last update : 2025 03 05
Improvement value$180,000Increased by 28% from year 2020
Land value$250,000Increased by 21% from year 2020
CV(Year 2023 Month 09)$430,000Increased by 24% from year 2020
View typeNo appreciable view
ContourEasy/Moderate Fall
Land area617m²
Floor area120m²
Decade of construction1935
TitleCB440/275
Type of titleFreehold
Legal descriptionLOT 2 DP 10491
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 10491,617m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 2

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Roncalli College
0.54 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Timaru South School
1.23 km
Primary
1-8
Government
Co-Educational
EQI: 515
2
Waimataitai School
1.28 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
Craighead Diocesan School
1.75 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
2.65 km
Primary
1-8
Government
Co-Educational
EQI: 404
7

Property history

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For developers

Unitary plan:RES 2
Land:617m²
Title:Freehold

Surrounding facilities

Gibson Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
98 Church Street, Seaview
0.26 km
4
1
174m2
Year 2024 Month 11 Day 30
$555,000
Council approved
0.30 km
2
1
67m2
Year 2024 Month 10 Day 23
$285,000
Council approved
8 Gibson Street
0.19 km
3
1
116m2
Year 2024 Month 10 Day 06
-
Council approved
88 Church Street, Seaview
0.20 km
3
136m2
Year 2024 Month 09 Day 26
$502,488
Council approved
0.30 km
2
1
67m2
Year 2024 Month 09 Day 17
$380,000
Council approved

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