Nestled in the serene Stourbridge Street of Spreydon, Christchurch, this 1999-built residence boasts a brick exterior and an iron roof, both in good condition. It is a 3-bedroom home with a floor area of 130 square meters, and it comes with 2 car parks. The property is on a level contour and is held under a Cross-Lease title. The current Capital Value (CV) as of August 2022 is $610,000, showing a significant increase of 35.56% from the CV in August 2019 of $450,000.
With a HouGarden AVM of $557,500 and recent sales history, including a sale on November 9, 2024, for $702,000, and another on September 29, 2022, for $625,500, this property presents a compelling investment opportunity. The CV growth percentage is a testament to the property's rising value in a desirable location.
For families with school-aged children, this property falls within the zone of several high-performing schools, such as Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and Cashmere High School (Decile 9), among others. The combination of a quiet neighborhood, quality schools, and convenient access to amenities makes this property an attractive option for investors, first-time buyers, and families alike.
Updated on December 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 18 | $700,000 | Council approved | |
0.16 km | 3 | 120m2 | Year 2024 Month 10 Day 30 | $622,000 | Council approved | |||
 | 0.14 km | 3 | 1 | 117m2 | Year 2024 Month 08 Day 29 | $775,000 | Council approved | |
 | 0.17 km | 3 | 1 | 120m2 | Year 2024 Month 06 Day 26 | $635,000 | Council approved | |
 | 0.17 km | 3 | 1 | -m2 | Year 2024 Month 06 Day 25 | - | Council approved |