Nestled at 50 Melcombe Street in the serene Tinwald neighborhood of Ashburton, this freehold property is a charming residential dwelling. Constructed in 1995 with robust brick walls and a reliable iron roof, both in good condition, the house boasts 4 bedrooms and 2 car parks. It spans an area of 170 square meters and is set on a generous 714 square meter plot, enjoying a level contour.
As per the property's financials, the capital value has seen a substantial increase of 18% from $500,000 in 2021 to the current $590,000 as of 2024. The HouGarden AVM estimates the property's worth at $582,500, while the latest sale records from 2024 and 2020 indicate a strong market with respective sale prices of $585,000 and $446,500.
For families with school-aged children, the property falls within a highly regarded school zone. Notable institutions include Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8), offering education from Year 7 to 15. Other schools in the area include Ashburton Christian School (decile 6), Ashburton College (decile 6), and St Joseph's School (decile 8), among others, catering to various educational levels.
Updated on November 13, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 4 | 1 | 156m2 | Year 2024 Month 11 Day 27 | $500,000 | Council approved | |
0.17 km | 5 | 148m2 | Year 2024 Month 11 Day 25 | $240,000 | Council approved | |||
 | 0.20 km | 3 | 202m2 | Year 2024 Month 11 Day 08 | $810,000 | Council approved | ||
0.04 km | 3 | 220m2 | Year 2024 Month 10 Day 13 | $650,000 | Council approved | |||
0.13 km | 3 | 126m2 | Year 2024 Month 09 Day 16 | $595,000 | Council approved |