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Sold: $489,250

Sold on 2024 Year 2024 Month 09 Day 18

5 Seaview Terrace, Seaview, Timaru

3
180m2
546m2

Nestled at 5 Seaview Terrace, Seaview, Timaru, this residential dwelling is a charming 3-bedroom property on a Freehold title. Constructed in 1930 with wood exterior walls and an iron roof in good condition, it offers a floor area of 180 square meters and is set on a steeply contoured section of 546 square meters. The property boasts an ample 5-car parking space. With an average wall condition, this home presents a cozy and inviting living environment.

As for the financials, the Capital Value (CV) has seen a significant increase from $440,000 in 2020 to $540,000 in 2023, indicating a growth rate of 22.73%. The HouGarden AVM estimates the property's value at $535,000, while the latest sale on September 18, 2024, was at $489,250, highlighting a potentially sound investment opportunity.

Educationally, the property falls within the zones of St Joseph's School (Timaru), a Full Primary with a decile rating of 7, Craighead Diocesan School, a Secondary school (Year 7-15) with a decile rating of 9, Waimataitai School, a Full Primary with a decile rating of 6, and Roncalli College, a Secondary school (Year 9-15) with a decile rating of 7, ensuring a range of quality educational options for the family.

Updated on November 13, 2024

Council Data

Last update : 2024 12 11
Improvement value$280,000Increased by 9% from year 2020
Land value$260,000Increased by 40% from year 2020
CV(Year 2023 Month 09)$540,000Increased by 22% from year 2020
DeckYes
View typeFocal Point Of view - Water
ContourSteep Fall
Land area546m²
Floor area180m²
Decade of construction1930
TitleCB592/18
Type of titleFreehold
Legal descriptionLOT 4 DP 15469-SUBJ TO & WITH INT IN R/W
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 15469,546m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Good
ZoningRES 2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waimataitai School
0.53 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
Roncalli College
1.24 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Craighead Diocesan School
1.35 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
2.00 km
Primary
1-8
Government
Co-Educational
EQI: 404
7

Property history

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For developers

Unitary plan:RES 2
Land:546m²
Title:Freehold

Surrounding facilities

Nelson Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
35 Wai-iti Road, Maori Hill
0.16 km
3
1
111m2
Year 2024 Month 11 Day 22
-
Council approved
156 Le Cren Street, Seaview
0.17 km
2
110m2
Year 2024 Month 11 Day 07
$440,000
Council approved
0.15 km
3
140m2
Year 2024 Month 10 Day 05
$445,000
Council approved
31D Wai-iti Road
0.20 km
2
1
120m2
Year 2024 Month 08 Day 16
-
Council approved
3/48 Sefton Street
0.05 km
1
1
100m2
Year 2024 Month 07 Day 26
-
Council approved

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