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Sold: $535,000

Sold on 2024 Year 2024 Month 02 Day 07

17 Burnett Street, Oceanview, Timaru

3
123m2
857m2

Nestled in the serene locale of Oceanview, Timaru, the property at 17 Burnett Street is a testament to modern living with a touch of timeless charm. This residential dwelling boasts three bedrooms, complemented by two car parks, and spans a floor area of 123 square meters on a generous land area of 857 square meters. The freehold property, constructed in 1980, features concrete walls in good condition and an iron roof, also in good condition, ensuring durability and peace of mind for its occupants. The level contour of the property further adds to its appeal, making it an ideal choice for families seeking comfort and convenience.

The financial trajectory of this property has been impressive, with its capital value witnessing a significant increase of 24.39% from $410,000 in September 2020 to $510,000 in September 2023. The latest sale recorded on February 7, 2024, saw the property fetching $535,000, a testament to its growing appeal in the market. The HouGarden AVM estimates the property's value at $490,000, highlighting its potential as a lucrative investment.

Education is a cornerstone of the Oceanview community, and 17 Burnett Street is zoned for several reputable schools. St Joseph's School (Timaru) and Grantlea Downs School, both full primary institutions, boast deciles of 7 and 5, respectively. For secondary education, Mountainview High School and Roncalli College offer comprehensive programs for years 9-15, with deciles of 6 and 7, respectively. Craighead Diocesan School, catering to years 7-15, stands out with a decile of 9, reflecting its high educational standards.

Updated on April 05, 2024.

Council Data

Last update : 2024 06 12
Improvement value$270,000Increased by 20% from year 2020
Land value$240,000Increased by 29% from year 2020
CV(Year 2023 Month 09)$510,000Increased by 24% from year 2020
DeckYes
View typeNo appreciable view
ContourLevel
Land area857m²
Floor area123m²
Decade of construction1980
TitleCB14F/20
Type of titleFreehold
Legal descriptionLOT 20 DP 35030
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 20 DEPOSITED PLAN 35030,857m2
ConstructionExternal Walls: Concrete Roof: Iron
ConditionExternal Walls: Good Roof: Good
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Grantlea Downs School
0.60 km
Primary
1-8
Government
Co-Educational
EQI: 492
5
St Joseph's School (Timaru)
1.45 km
Primary
1-8
Government
Co-Educational
EQI: 404
7
Mountainview High School
1.69 km
Secondary
9-15
Government
Co-Educational
EQI: 485
6
Craighead Diocesan School
2.34 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
Roncalli College
3.77 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7

Property history

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For developers

Unitary plan:RES 1
Land:857m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

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Floor area
Sold date
Sold
Data source
6 Ellesmere Place
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Year 2024 Month 02 Day 18
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Year 2024 Month 02 Day 08
$490,000
Council approved

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