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Sold: $485,000

Sold on 2024 Year 2024 Month 08 Day 01

7 Panama Crescent, West Melton, Selwyn

3051m2

Nestled on a level plot at 7 Panama Crescent, West Melton, Selwyn, this residential vacant land boasts a freehold title, offering boundless potential for your future development. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's unknown roof and wall construction hint at a blank canvas waiting to be transformed. With a land area of 3,051 square meters, it's a prime piece of real estate in a quiet cul-de-sac.

As per the latest records, the property's capital value as of September 2021 was $550,000, and it was sold most recently on August 1, 2024, for $485,000. This indicates a potential capital value decrease, which could present a buying opportunity. The HouGarden AVM reflects a similar trend, suggesting a market reevaluation of the property's worth.

For families with children, the school zone is a significant highlight. The local schools boast impressive decile ratings, ensuring a quality education for your little ones. This, combined with the property's spacious land and serene location, makes it an attractive prospect for those seeking a family-oriented environment.

Updated on September 25, 2024

Council Data

Last update : 2024 12 11
View typeNo appreciable view
ContourLevel
Land area3051m²
Title1177278
Type of titleFreehold
Legal descriptionLOT 367 DP 602505
CouncilSelwyn
Estate descriptionFSIM,1/1,LOT 367 DEPOSITED PLAN 602505,3051m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningLiving West Melton (South)

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
West Melton School
1.67 km
Primary
1-8
Government
Co-Educational
EQI: 389
10
Weedons School
4.55 km
Primary
1-8
Government
Co-Educational
EQI: 413
10

Property history

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For developers

Unitary plan:Living West Melton (South)
Land:3051m²
Title:Freehold

Panama Crescent Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.14 km
0m2
Year 2024 Month 08 Day 02
$375,000
Council approved
0.15 km
0m2
Year 2024 Month 07 Day 25
$385,000
Council approved
0.15 km
0m2
Year 2024 Month 07 Day 15
$435,000
Council approved
0.14 km
0m2
Year 2024 Month 07 Day 05
$405,000
Council approved
0.08 km
0m2
Year 2024 Month 06 Day 21
$435,000
Council approved

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