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Sold: $525,000

Sold on 2024 Year 2024 Month 10 Day 04

50 Rhodes Street, Waimate, Waimate

4
200m2
999m2

Nestled in the tranquility of 50 Rhodes Street, Waimate, this residential dwelling is a prime example of a well-maintained property from the 1970s. It boasts a freehold title, with a floor area of 200 square meters and a generous land area of 999 square meters. The exterior walls, constructed of concrete, are in good condition, as is the iron roof. The layout includes 4 bedrooms and ample parking spaces for 4 cars. This property is situated in a level contour, enhancing its appeal.

As per the government valuation, the capital value has seen a remarkable increase from $315,000 in 2019 to $490,000 in 2022, reflecting a growth of 55.56%. The HouGarden AVM estimates the property's worth at $485,000, while the latest sale history shows a sale price of $525,000 in 2024 and $165,000 in 2004, indicating a steady rise in value.

For families with school-aged children, this property falls within the zones of both Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, also a secondary school with a decile rating of 7. This ensures access to quality education within the community.

Updated on November 27, 2024

Council Data

Last update : 2024 12 11
Improvement value$305,000Increased by 28% from year 2019
Land value$185,000Increased by 137% from year 2019
CV(Year 2022 Month 07)$490,000Increased by 55% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area999m²
Floor area200m²
Decade of construction1970
TitleCB9B/975
Type of titleFreehold
Legal descriptionLOT 1 DP 26451
CouncilWaimate
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 26451,999m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningZoned Residential 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Roncalli College
40.04 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Craighead Diocesan School
40.91 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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For developers

Unitary plan:Zoned Residential 1
Land:999m²
Title:Freehold

Surrounding facilities

Rhodes Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
16 George Street, Waimate
0.28 km
3
110m2
Year 2024 Month 11 Day 09
$460,000
Council approved
37a Belt Street, Waimate
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1
63m2
Year 2024 Month 11 Day 05
$219,000
Council approved
0.24 km
2
102m2
Year 2024 Month 09 Day 30
$428,500
Council approved
33 Harris Street, Waimate
0.32 km
3
2
120m2
Year 2024 Month 08 Day 23
-
Council approved
35 Rhodes Street, Waimate
0.16 km
3
119m2
Year 2024 Month 08 Day 08
$505,000
Council approved

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