Located at 45 Larch Crescent, Alexandra, Otago, this residential dwelling boasts a modern lifestyle within its confines. With 3 bedrooms, the property spans across a floor area of 181m² and a substantial land area of 1928m². It is characterized by its freehold ownership type, mixed materials wall construction, and iron roof construction, all maintained in good condition. Built in 2021, the property sits on a level contour, offering a near-new home experience in a generously sized and relatively private fully fenced section.
The property has seen a significant increase in its capital value, from $760,000 in September 2019 to $1,040,000 in October 2022, marking a 36.84% growth. The HouGarden AVM estimates its value at $995,000. Its latest sale was recorded on January 15, 2024, for $1,140,000, following a previous sale on February 27, 2020, for $269,000. This trajectory underscores the property's substantial value appreciation and market demand.
Education is well catered for with The Terrace School (Alexandra) and Alexandra School, both full primary schools with a decile rating of 8, ensuring quality education options are within reach. This property, offering a lifestyle akin to a residential area, is ideal for families seeking a blend of comfort, space, and educational opportunities.
Updated on April 06, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 4 | 2 | 225m2 | Year 2024 Month 12 Day 16 | - | Council approved | |
 | 0.35 km | 3 | 2 | 202m2 | Year 2024 Month 12 Day 12 | - | Council approved | |
 | 0.35 km | 4 | 2 | 181m2 | Year 2024 Month 12 Day 10 | - | Council approved | |
 | 0.54 km | 3 | 2 | 139m2 | Year 2024 Month 11 Day 06 | - | Council approved | |
 | 0.55 km | 3 | 2 | 159m2 | Year 2024 Month 07 Day 11 | - | Council approved |