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5 Newton Street, Watlington, Timaru, 3 Bedrooms, 1 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 02 Day 15

5 Newton Street, Watlington, Timaru

3
1
120m2
809m2

Introducing a charming three-bedroom residence at 5 Newton Street, Watlington, Timaru, perfect for those stepping into home ownership. This delightful property features one bathroom, one carpark, and spans a floor area of 120m² on a generous land area of 809m². Boasting a freehold ownership type, the house is constructed with a durable roughcast wall and stylish tile roof, dating back to 1940. The property's level contour, average wall and roof condition, alongside its residential dwelling category, make it an appealing choice for families or investors alike.

Over the years, the capital value of this property has seen a significant increase, from $320,000 in September 2020 to $400,000 in September 2023, marking a 25% growth. The latest sale recorded on January 24, 2024, was at $438,500, up from $206,000 back in November 2012. The HouGarden AVM estimates the property's value at $382,500, highlighting its potential as a valuable asset.

Located in a prime school zone, this property is within reach of several reputable schools, including St Joseph's School (Timaru) with a decile rating of 7, Craighead Diocesan School with a decile of 9, Timaru South School at decile 2, and Roncalli College, also rated decile 7. These educational institutions offer a range of learning environments from full primary to secondary (Year 7-15 and Year 9-15), ensuring a quality education for children of all ages.

Updated on April 04, 2024.

Council Data

Last update : 2025 01 22
Improvement value$170,000Increased by 13% from year 2020
Land value$230,000Increased by 35% from year 2020
CV(Year 2023 Month 09)$400,000Increased by 25% from year 2020
View typeNo appreciable view
ContourLevel
Land area809m²
Floor area120m²
Decade of construction1940
TitleCB22K/182
Type of titleFreehold
Legal descriptionLOT 6 D P 4476
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 6 DEPOSITED PLAN 4476,809m2
ConstructionExternal Walls: Roughcast
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average
ZoningRES 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Roncalli College
0.91 km
Secondary
9-15
Government
Co-Educational
EQI: 447
7
Timaru South School
0.92 km
Primary
1-8
Government
Co-Educational
EQI: 515
2
Craighead Diocesan School
2.50 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Joseph's School (Timaru)
3.53 km
Primary
1-8
Government
Co-Educational
EQI: 404
7

Property history

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For developers

Unitary plan:RES 1
Land:809m²
Title:Freehold

Surrounding facilities

Newton Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
29 Newton Street, Watlington
0.27 km
3
1
108m2
Year 2025 Month 01 Day 23
-
Council approved
20 Mowbray Street
0.44 km
3
1
136m2
Year 2024 Month 11 Day 18
-
Council approved
0.31 km
4
210m2
Year 2024 Month 11 Day 12
$532,000
Council approved
20 Mowbray Street, Watlington
0.48 km
3
1
136m2
Year 2024 Month 10 Day 25
$535,000
Council approved
5 Mowbray Street, Watlington
0.47 km
3
1
116m2
Year 2024 Month 09 Day 30
$530,000
Council approved

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