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Sold: $690,000

Sold on 2024 Year 2024 Month 06 Day 04

50 Mustang Avenue, Wigram, Christchurch

3
145m2
182m2

Nestled in the serene Mustang Avenue, this freehold property at 50 Mustang Avenue, Wigram, Christchurch, is a prime example of modern living. Constructed in 2013 with roughcast walls and an iron roof, both in good condition, this residential unit boasts 3 bedrooms, 2 carparks, and a floor area of 145 square meters on a levelled land area of 182 square meters.

With a CV of $700,000 as of August 2022, the property has shown a remarkable growth of 44.33% from its $485,000 valuation in August 2019. The HouGarden AVM estimates the property's value at $680,000, while the latest sale records from June 4, 2024, and July 6, 2013, indicate sales prices of $690,000 and $439,000 respectively, showcasing a consistent increase in capital value.

For families with school-going children, the property falls within the catchment area of several esteemed institutions. These include Villa Maria College (Decile 9), Hornby High School Years 7-8 (Decile 3), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), Wigram Primary School - Te Piki Kahu (Decile 4), Aidanfield Christian School (Decile 8), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6), ensuring access to quality education.

Updated on July 26, 2024

Council Data

Last update : 2025 01 08
Improvement value$335,000Increased by 15% from year 2019
Land value$365,000Increased by 87% from year 2019
CV(Year 2022 Month 08)$700,000Increased by 44% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area182m²
Floor area145m²
Decade of construction2013
Title637879
Type of titleFreehold
Legal descriptionLOT 4 DP 471040
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 471040,182m2
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wigram Primary School - Te Piki Kāhu
0.57 km
Primary
1-6
Government
Co-Educational
EQI: 408
4
Hornby High School
2.04 km
Secondary
7-15
Government
Co-Educational
EQI: 500
3
St Thomas of Canterbury College
2.15 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Aidanfield Christian School
2.49 km
Combined
1-13
Government
Co-Educational
EQI: 377
8
Middleton Grange School
3.02 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
3.12 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Te Puna Wai o Waipapa - Hagley College
6.45 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
7.88 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Suburban
Land:182m²
Title:Freehold

Surrounding facilities

Mustang Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
60 Mustang Avenue, Wigram
0.15 km
3
2
119m2
Year 2024 Month 12 Day 10
-
Council approved
3/39 Gallaghan Close, Wigram
0.17 km
3
2
147m2
Year 2024 Month 12 Day 05
-
Council approved
8 Bennington Way, Wigram
0.11 km
3
2
190m2
Year 2024 Month 11 Day 21
-
Council approved
64 Mustang Avenue, Wigram
0.16 km
3
3
119m2
Year 2024 Month 08 Day 21
$715,000
Council approved
0.20 km
3
180m2
Year 2024 Month 08 Day 14
$890,000
Council approved

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