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6 Somerset Street, Watlington, Timaru, 4 Bedrooms, 0 Bathrooms, House

Sold: $477,700

Sold on 2024 Year 2024 Month 08 Day 22

6 Somerset Street, Watlington, Timaru

4
190m2
718m2

Nestled in the tranquility of 6 Somerset Street, Watlington, Timaru, this charming 4-bedroom residence boasts a freehold title and a generous land area of 718sqm. Constructed in 1959 with solid brick walls and an iron roof, the property enjoys an easy/moderate contour with a well-maintained exterior. The interior space spans 190sqm, thoughtfully designed with large living areas that open up to a north-facing deck, offering a picturesque view of the Hunter Hills. The package is complete with 2 car parks, a good garaging facility, and an expansive workshop beneath the house, making it an ideal choice for a family seeking comfort, space, and warmth.

As per the latest property valuation, the capital value has seen a 25% increase from $340,000 in 2020 to $425,000 in 2023. The HouGarden AVM estimates the property at $427,500, while the most recent sale history records a price of $477,700 in 2024, indicating a significant appreciation in value. This is a sound investment opportunity in a desirable location.

For families with school-aged children, the property falls within the zones of St Joseph's School (Decile 7) and Craighead Diocesan School (Decile 9), both offering high-quality education. Additionally, Bluestone School (Decile 5) and Roncalli College (Decile 7) are also within close proximity, providing a range of educational options.

Updated on September 11, 2024

Council Data

Last update : 2025 01 22
Improvement value$240,000Increased by 24% from year 2020
Land value$185,000Increased by 25% from year 2020
CV(Year 2023 Month 09)$425,000Increased by 25% from year 2020
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Land area718m²
Floor area190m²
Decade of construction1959
TitleCB795/13
Type of titleFreehold
Legal descriptionLOT 101 DP 19380
CouncilTimaru
Estate descriptionFSIM,1/1,LOT 101 DEPOSITED PLAN 19380,718m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Average
ZoningRES 1

School zones

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

Property history

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For developers

Unitary plan:RES 1
Land:718m²
Title:Freehold

Surrounding facilities

Somerset Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
19 Coonoor Road
0.29 km
3
1
122m2
Year 2024 Month 12 Day 10
-
Council approved
20 Mowbray Street
0.56 km
3
1
136m2
Year 2024 Month 11 Day 18
-
Council approved
4 Somerset Street, Watlington
0.02 km
3
140m2
Year 2024 Month 11 Day 12
$427,000
Council approved
5 Mowbray Street, Watlington
0.48 km
3
1
116m2
Year 2024 Month 09 Day 30
$530,000
Council approved
137 Otipua Road, Watlington
0.48 km
3
1
150m2
Year 2024 Month 09 Day 27
-
Council approved

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