Nestled at 50 Grey Road, Timaru, this residential ownership home unit boasts 2 bedrooms and 1 carpark. Constructed in 1993 with brick walls and an iron roof, both of which are in good condition, this property sits on a level contour. It is a cross-lease title and has a floor area of 102 square meters. Notably, the capital value has seen a significant increase from $365,000 in 2020 to $440,000 as of 2023, marking a growth of 20.5%.
As for the valuation, the HouGarden AVM estimates the property at $422,500, while the latest sale records from 2024 show a transaction at $481,000, following a previous sale in 2015 at $300,000.
When it comes to the school zone, this property is served by St Joseph's School (Timaru), a full primary with a decile rating of 7. Additionally, Craighead Diocesan School, a secondary school with a decile rating of 9, and Waimataitai School, a full primary with a decile rating of 6, are also in close proximity. Roncalli College, a secondary school with a decile rating of 7, rounds out the list of esteemed educational institutions in the area.
Updated on April 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 1 | 124m2 | Year 2024 Month 12 Day 06 | - | Council approved | |
 | 0.75 km | 2 | 1 | 88m2 | Year 2024 Month 10 Day 15 | $300,000 | Council approved | |
0.13 km | 2 | 1 | 99m2 | Year 2024 Month 08 Day 30 | - | Council approved | ||
 | 0.18 km | 3 | 1 | 160m2 | Year 2024 Month 08 Day 14 | $443,000 | Council approved | |
0.13 km | 2 | 1 | 99m2 | Year 2024 Month 08 Day 12 | $385,000 | Council approved |