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Sold: Sold price unknown

Sold on 2024 Year 2024 Month 10 Day 10

2/52 Hobbs Street, Waimataitai, Timaru

2
1
90m2

Nestled in the serene Waimataitai neighborhood of Timaru, this 1993-built residential unit at 2/52 Hobbs Street boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with durable brick walls and an iron roof, both in good condition, this cross-lease property offers a level contour and a floor area of 90 square meters. The home units fall under the category of 'Residential - Ownership home units', ensuring a sense of community and shared responsibility among residents.

With a current Capital Value (CV) of $400,000 as of September 1, 2023, the property has shown a significant increase of 26.98% from its previous CV of $315,000 in 2020. The HouGarden AVM estimates the property's value at $382,500, while the latest sale record dates back to 1993 at $92,000, highlighting the property's appreciating value over time.

For families with school-going children, the property falls within the catchment area of several esteemed schools. St Joseph's School (Timaru) and Waimataitai School are both full primary schools with deciles of 7 and 6 respectively. Mountainview High School and Roncalli College cater to secondary students with deciles of 6 and 7, while Craighead Diocesan School, a secondary school with a decile of 9, offers a comprehensive education for students from Year 7 to 15.

Updated on October 25, 2024

Council Data

Last update : 2024 12 11
Improvement value$255,000Increased by 23% from year 2020
Land value$145,000Increased by 34% from year 2020
CV(Year 2023 Month 09)$400,000Increased by 26% from year 2020
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1993
TitleCB37C/480
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 64091 ON LOT 1 DP 52960 HAVING 1/2 INT IN 558 SQ METRES
CouncilTimaru
Estate descriptionFSIM,1/2,FLAT 2 DEPOSITED PLAN 64091
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRES 2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waimataitai School
0.61 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
Craighead Diocesan School
0.74 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
0.88 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Mountainview High School
1.34 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Roncalli College
2.32 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 2
Land:-
Title:Cross-Lease

Surrounding facilities

Hobbs Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
40 Grasmere Street
0.24 km
3
1
98m2
Year 2024 Month 09 Day 10
-
Council approved
189 Selwyn Street, Marchwiel
0.09 km
3
1
150m2
Year 2024 Month 09 Day 02
$420,000
Council approved
40 Grasmere Street, Waimataitai
0.24 km
3
1
98m2
Year 2024 Month 08 Day 20
$455,000
Council approved
25 Grasmere Street, Waimataitai
0.21 km
3
1
132m2
Year 2024 Month 07 Day 22
$535,000
Council approved
12 Glen Street, Marchwiel
0.20 km
3
1
110m2
Year 2024 Month 07 Day 03
-
Council approved

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