Nestled in the serene Templeton suburb of Christchurch, 5 Bailey Street is a charming freehold property, built in 2000 with solid brick walls and an iron roof, both in good condition. This 4-bedroom, 2-carpark home spans a floor area of 238sqm on a levelled 804sqm section. The property has seen a significant Capital Value increase of 42.11% from $570,000 in 2019 to $810,000 as of 2022. The latest sale was recorded at $888,500, with HouGarden AVM estimating the property's worth at $815,000. The residence boasts an open-plan kitchen and dining, a heat pump for year-round comfort, and a private street with ample parking.
For investors, the property's CV growth and latest sale history present a promising investment opportunity. The estimated value by HouGarden AVM provides additional confidence in the property's market standing.
Educationally, the property falls within the zones of highly regarded schools such as Villa Maria College (Decile 9) and Templeton School (Decile 8), ensuring quality education for the family. Other nearby schools include Hornby High School, St Thomas of Canterbury College, Middleton Grange School, Christchurch Adventist School, and Hagley Community College, catering to various educational needs.
Updated on September 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 3 | 1 | 106m2 | Year 2024 Month 11 Day 13 | - | Council approved | |
 | 0.15 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 11 | - | Council approved | |
 | 0.18 km | 4 | 190m2 | Year 2024 Month 10 Day 10 | $746,000 | Council approved | ||
 | 0.14 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 05 | $700,000 | Council approved | |
 | 0.17 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 19 | - | Council approved |