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Sold: $310,000

Sold on 2024 Year 2024 Month 08 Day 05

4/59 Ranui Avenue, Waimataitai, Timaru

2
1
72m2
482m2

Nestled in a serene cul-de-sac at 4/59 Ranui Avenue, Waimataitai, Timaru, this residential ownership home unit boasts a freehold title. The property, built in 1970, features 2 bedrooms, 1 bathroom, and 2 car parks. It has a floor area of 72 square meters and is situated on a level 482 square meter land. Both the walls, made of concrete, and the iron roof are in average condition.

As per the latest property valuation, the capital value (CV) stands at $310,000, with a notable increase from the previous assessment. The HouGarden AVM reflects a similar trend, indicating a promising investment. The recent sale on August 5, 2024, also confirms the property's worth at $310,000, showcasing a substantial growth percentage in the capital value.

For families with children, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for the young ones.

Updated on September 11, 2024

Council Data

Last update : 2025 01 15
Improvement value$160,000
Land value$150,000
CV(Year 2023 Month 09)$310,000
View typeNo appreciable view
ContourLevel
Land area482m²
Floor area72m²
Decade of construction1970
Title1186255
Type of titleFreehold
Legal descriptionLOT 4 DP 604844
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 604844,482m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRES 2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waimataitai School
0.47 km
Primary
1-8
Government
Co-Educational
EQI: 467
6
Oceanview Heights School
0.65 km
Primary
1-8
Government
Co-Educational
EQI: 538
2
Craighead Diocesan School
0.97 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
1.08 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Grantlea Downs School
1.08 km
Primary
1-8
Government
Co-Educational
EQI: 492
5
Mountainview High School
1.56 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Bluestone School
1.77 km
Primary
1-8
Government
Co-Educational
EQI: 473
5
Timaru Boys' High School
1.86 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 445
7
Highfield School
1.94 km
Primary
1-8
Government
Co-Educational
EQI: 476
7
Sacred Heart School (Timaru)
2.21 km
Primary
1-8
Government
Co-Educational
EQI: 436
5

Property history

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For developers

Unitary plan:RES 2
Land:482m²
Title:Freehold

Ranui Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.10 km
3
122m2
Year 2024 Month 10 Day 22
$470,000
Council approved
13 Grasmere Street, Waimataitai
0.09 km
3
130m2
Year 2024 Month 10 Day 13
$485,000
Council approved
15 Grasmere Street, Waimataitai
0.09 km
3
1
120m2
Year 2024 Month 09 Day 05
$506,000
Council approved
0.12 km
2
1
72m2
Year 2024 Month 07 Day 26
$315,000
Council approved
25 Grasmere Street, Waimataitai
0.09 km
3
1
132m2
Year 2024 Month 07 Day 22
$535,000
Council approved

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