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Sold: $1,570,000

Sold on 2024 Year 2024 Month 07 Day 26

50 Muster Road, Jacks Point, Queenstown Lakes

4
215m2
463m2

Nestled in the serene Jacks Point, at 50 Muster Road, this residential property is a perfect blend of comfort and investment. It boasts a freehold title, with a floor area of 215 square meters and a land area of 463 square meters. The 4-bedroom, 2-carpark home is constructed with fibrous cement walls in good condition and an iron roof, also well-maintained. Built in 2024, this property sits on a level contour, promising ease of living in a quiet cul-de-sac.

History shows a remarkable increase in the capital value, from $305,000 in July 2017 to $1,450,000 as of September 2021, indicating a growth rate of 3.75%. The HouGarden AVM estimates the property at $1,460,000, while the latest sales were recorded at $1,570,000 in July 2024 and $325,000 in November 2018.

For families with children, the property falls within the zone of St Joseph's School in Queenstown, a full primary school with a decile rating of 10, and Te Kura Whakatipu o Kawarau, a full primary school.

Updated on September 18, 2024

Council Data

Last update : 2024 12 11
Improvement value$1,050,000
Land value$400,000Increased by 31% from year 2017
CV(Year 2021 Month 09)$1,450,000Increased by 375% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area463m²
Floor area215m²
Decade of construction2024
Title915559
Type of titleFreehold
Legal descriptionLOT 6160 DP 542111
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 6160 DEPOSITED PLAN 542111,463m2
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResort Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Kura Whakatipu o Kawarau
0.36 km
Primary
1-8
Government
Co-Educational
-
-
St Joseph's School (Queenstown)
7.82 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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For developers

Unitary plan:Resort Zone
Land:463m²
Title:Freehold

Surrounding facilities

Muster Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
72 Spur Ridge Rise, Jacks Point
0.22 km
5
3
242m2
Year 2024 Month 11 Day 22
-
Council approved
22 Muster Road, Jacks Point
0.15 km
4
192m2
Year 2024 Month 09 Day 03
$1,400,000
Council approved
0.05 km
4
3
191m2
Year 2024 Month 08 Day 15
-
Council approved
0.30 km
5
254m2
Year 2024 Month 07 Day 26
$1,880,000
Council approved
24 Muster Road, Jacks Point
0.14 km
4
206m2
Year 2024 Month 07 Day 14
$1,440,000
Council approved

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