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114 Otipua Road, Watlington, Timaru, 3 Bedrooms, 0 Bathrooms, House

Sold: $475,000

Sold on 2024 Year 2024 Month 05 Day 28

114 Otipua Road, Watlington, Timaru

3
115m2
506m2

Nestled in the serene Otipua Road, this charming family home on a freehold title boasts a brick exterior and tile roofing, constructed in 1958. It offers 3 comfortable bedrooms, a spacious open-plan living area, and a single carpark, all within a levelled 506sqm section. The property's capital value has seen a significant increase of 24.6% from $325,000 in 2020 to $405,000 in 2023, reflecting its growing desirability. The HouGarden AVM estimates the property at $392,500, while the latest sale in 2014 was $180,000, indicating substantial value appreciation.

With a heat pump ensuring year-round comfort, this home is not only a haven for family living but also a wise investment. The property falls within the catchment area of esteemed schools, including St Joseph's School (Decile 7) for primary education and Craighead Diocesan School (Decile 9) for secondary education, making it an ideal choice for families with academic aspirations.

Enjoying a peaceful lifestyle in a quiet cul-de-sac, this property is not to be missed by those seeking a blend of comfort, convenience, and quality education.

Updated on July 26, 2024

Council Data

Last update : 2025 01 15
Improvement value$200,000Increased by 25% from year 2020
Land value$205,000Increased by 24% from year 2020
CV(Year 2023 Month 09)$405,000Increased by 24% from year 2020
DeckYes
View typeNo appreciable view
ContourLevel
Land area506m²
Floor area115m²
Decade of construction1958
TitleCB749/55
Type of titleFreehold
Legal descriptionLOT 1 DP 15543
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 15543,506m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Roncalli College
0.95 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Bluestone School
1.21 km
Primary
1-8
Government
Co-Educational
EQI: 473
5
Craighead Diocesan School
2.23 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
3.28 km
Primary
1-8
Government
Co-Educational
EQI: 404
7

Property history

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For developers

Unitary plan:RES 1
Land:506m²
Title:Freehold

Surrounding facilities

Otipua Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
19 Coonoor Road
0.32 km
3
1
122m2
Year 2024 Month 12 Day 10
-
Council approved
20 Mowbray Street
0.10 km
3
1
136m2
Year 2024 Month 11 Day 18
-
Council approved
20 Mowbray Street, Watlington
0.10 km
3
1
136m2
Year 2024 Month 10 Day 25
$535,000
Council approved
32a Aynsley Street, Parkside
0.20 km
5
2
200m2
Year 2024 Month 10 Day 08
$650,000
Council approved
5 Mowbray Street, Watlington
0.09 km
3
1
116m2
Year 2024 Month 09 Day 30
$530,000
Council approved

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