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322 King Street, Temuka, Timaru, 2 Bedrooms, 0 Bathrooms

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 07 Day 10

322 King Street, Temuka, Timaru

2
115m2
943m2

Nestled at 322 King Street, Temuka, Timaru, this charming residential dwelling is set on a level contour with a land area of 943 square meters. It boasts 2 bedrooms, a single carpark, and a generous floor area of 115 square meters. Constructed in 1920, the property features roughcast walls and an iron roof, both in fair condition. It is offered with the security of freehold title, ensuring long-term ownership and investment potential.

With a current Capital Value (CV) of $360,000 as of September 1, 2023, this property has shown a significant increase of 31% from its previous CV of $275,000 in 2020. The HouGarden AVM estimates the property's value at $352,500, while the latest sale history includes transactions in 2024 for $270,000 and in 2003 for $74,000, reflecting a consistent growth trend.

For families with school-aged children, the property falls within the catchment area of several reputable schools. St Joseph's School (Temuka) is a Full Primary with a decile rating of 6. Opihi College caters to Years 9-15 with a decile rating of 5, while Craighead Diocesan School and Roncalli College, both secondary schools, are rated 9 and 7 respectively in terms of decile.

Updated on August 08, 2024

Council Data

Last update : 2025 02 26
Improvement value$165,000Increased by 28% from year 2020
Land value$195,000Increased by 32% from year 2020
CV(Year 2023 Month 09)$360,000Increased by 30% from year 2020
View typeNo appreciable view
ContourLevel
Land area943m²
Floor area115m²
Decade of construction1920
TitleCB29F/651
Type of titleFreehold
Legal descriptionLOT 1 DP 45005
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 45005,943m2
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Fair
Roof: Fair
ZoningRES 1

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Joseph's School (Temuka)
1.68 km
Primary
1-8
Government
Co-Educational
EQI: 442
6
Opihi College
1.81 km
Secondary
7-15
Government
Co-Educational
EQI: 496
5
Craighead Diocesan School
17.95 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Roncalli College
19.27 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:943m²
Title:Freehold

Surrounding facilities

King Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1/42 Thomas Street, Temuka
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2
1
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Year 2024 Month 12 Day 17
$310,500
Council approved
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3
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Year 2024 Month 11 Day 29
$690,000
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312 King Street, Temuka
0.10 km
4
138m2
Year 2024 Month 10 Day 23
$525,000
Council approved
0.56 km
4
2
188m2
Year 2024 Month 10 Day 09
-
Council approved
0.56 km
4
188m2
Year 2024 Month 09 Day 25
$710,000
Council approved

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