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Sold: $285,000

Sold on 2024 Year 2024 Month 10 Day 23

46/2 Arthur Street, Seaview, Timaru

2
1
67m2

Nestled in a serene cul-de-sac at 46/2 Arthur Street, Seaview, Timaru, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1972 with iron roofing and concrete walls, both in average condition, the property sits on an easy/moderate rise contour. It offers a comfortable floor area of 67 square meters and is held under a Cross-Lease title.

As for the financials, the capital value has shown a significant increase from $225,000 in September 2020 to $300,000 in September 2023, reflecting a growth rate of 33.33%. The HouGarden AVM estimates the property's worth at $275,000, while the latest sale records from October 2024 indicate a transaction at $285,000, a substantial leap from the $150,000 sale in June 2009.

For families with school-aged children, the property falls within the catchment area of several reputable schools. St Joseph's School (Timaru) is a Full Primary with a decile rating of 7. Craighead Diocesan School caters to Secondary students (Year 7-15) and holds a decile rating of 9. Additionally, Waimataitai School is a Full Primary with a decile rating of 6, Timaru South School is a Full Primary with a decile rating of 2, and Roncalli College serves Secondary students (Year 9-15) with a decile rating of 7.

Updated on December 11, 2024

Council Data

Last update : 2025 01 15
Improvement value$140,000Increased by 23% from year 2020
Land value$160,000Increased by 42% from year 2020
CV(Year 2023 Month 09)$300,000Increased by 33% from year 2020
View typeNo appreciable view
ContourEasy/Moderate rise
Floor area67m²
Decade of construction1972
TitleCB11K/636
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 29831 WITH UNDIVIDED 1/7 INT IN LOT 1 DP 28716
CouncilTimaru
Estate descriptionFSIM,1/7,LOT 1 DEPOSITED PLAN 28716,1854m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 2

School zones

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

Property history

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For developers

Unitary plan:RES 2
Land:-
Title:Cross-Lease

Surrounding facilities

Arthur Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/46 Arthur Street, Seaview
0.09 km
2
1
70m2
Year 2024 Month 11 Day 06
-
Council approved
0.08 km
2
1
67m2
Year 2024 Month 09 Day 17
$380,000
Council approved
0.65 km
2
1
99m2
Year 2024 Month 08 Day 30
-
Council approved
41 Arthur Street, Seaview
0.05 km
3
1
160m2
Year 2024 Month 08 Day 14
$443,000
Council approved
0.65 km
2
1
99m2
Year 2024 Month 08 Day 12
$385,000
Council approved

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