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Sold: $1,250,000

Sold on 2024 Year 2024 Month 01 Day 08

26 Domain Road, Bannockburn, Otago

3
160m2
3337m2

Located at 26 Domain Road, Bannockburn, Otago, this freehold property stands as a testament to comfortable living with its 3 bedrooms, spacious floor area of 160 square meters, and a generous land area of 3337 square meters. The dwelling, built in 1980, boasts a roughcast wall construction and an iron roof, both in good condition, ensuring durability and a timeless appeal. The level contour of the property complements its residential dwelling category, making it an ideal home for families or individuals seeking tranquility and space.

The property has seen a significant appreciation in value, with the capital value increasing from $740,000 in September 2019 to $1,070,000 in October 2022, marking a 44.59% growth. This upward trend is further evidenced by the latest sale price of $1,250,000 on January 8, 2024, and a HouGarden AVM estimate of $1,025,000, highlighting the property's investment potential and desirability in the market.

Situated within the zone of Cromwell Primary School, which boasts a high decile rating of 9, this property promises an excellent educational environment for children. The school's contributing status underscores the quality of education and community support, making this location not only a peaceful retreat but also a wise choice for families prioritizing educational opportunities.

Updated on April 06, 2024.

Council Data

Last update : 2024 12 11
Improvement value$330,000Increased by 43% from year 2019
Land value$740,000Increased by 45% from year 2019
CV(Year 2022 Month 10)$1,070,000Increased by 44% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area3337m²
Floor area160m²
Decade of construction1980
Title508923
Type of titleFreehold
Legal descriptionLOT 1 DP 427558
CouncilOtago
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 427558,3337m2
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cromwell Primary School
6.00 km
Primary
1-6
Government
Co-Educational
EQI: 422
9

Property history

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For developers

Unitary plan:-
Land:3337m²
Title:Freehold

Surrounding facilities

Domain Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
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90 Felton Road, Bannockburn
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Year 2024 Month 08 Day 01
$2,035,000
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