Nestled at 49 Marshland Road, Shirley, Christchurch, this charming residence boasts 3 well-proportioned bedrooms, a family bathroom, and 2 parking spaces. Constructed in 1950 with concrete walls and an iron roof, the property sits on a level contour with an average condition. The home is governed by a Cross-Lease title, ensuring a shared ownership stake in the land. The capital value has seen a remarkable increase of 52.05%, jumping from $365,000 in 2019 to $555,000 as of 2022. The HouGarden AVM estimates the property at $557,500, while the latest sales were recorded at $583,000 in 2024 and $585,000 in 2022.
With a CV growth rate that outpaces the market average, this property presents a sound investment. Its location within a quiet cul-de-sac adds to the appeal, as does its proximity to amenities like the Palms Mall and easy access to the CBD. The property falls within the catchment area of several esteemed schools, including Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8), among others, making it an ideal choice for families.
Education takes center stage with a selection of schools catering to various age groups, from primary to secondary, all within walking distance. This, coupled with the property's modern appointments such as a heat pump and partial double glazing, makes it a warm and inviting family home ready for its next chapter.
Updated on September 25, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 2 | 1 | 99m2 | Year 2025 Month 01 Day 24 | - | Council approved | |
 | 0.13 km | 3 | 1 | 100m2 | Year 2024 Month 12 Day 03 | - | Council approved | |
 | 0.16 km | 3 | 1 | 100m2 | Year 2024 Month 11 Day 20 | - | Council approved | |
 | 0.20 km | 3 | 1 | 84m2 | Year 2024 Month 11 Day 14 | $580,100 | Council approved | |
 | 0.15 km | 3 | 113m2 | Year 2024 Month 09 Day 27 | $530,000 | Council approved |