Nestled on a level contour at 2862 Lauder-Omakau Road, Omakau, Otago, this Lifestyle - Improved property is a charming freehold with a robust fibrous cement exterior and a reliable iron roof, both in good condition. Constructed in 1990, the residence boasts 3 bedrooms, 1 bathroom, and a spacious floor area of 100 square meters, all set on a generous 2.193 hectares of land. The property's capital value has seen a remarkable increase of 32.56% from $430,000 in September 2019 to $570,000 as of October 2022, reflecting its growing desirability. Notably, the latest sale price of $800,000 in July 2024 showcases the property's investment potential, a stark contrast to its $21,000 sale price in June 1989.
According to the HouGarden AVM, the property is estimated at $552,500, which is a testament to its market appeal. This serene home, with no car parks, is situated in a quiet cul-de-sac, providing a peaceful living environment.
For families with children, the property falls within a desirable school zone, ensuring access to quality education.
Updated on August 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 3.60 km | -m2 | Year 2025 Month 01 Day 15 | - | Council approved | |||
 | 3.65 km | 3 | 1 | 91m2 | Year 2024 Month 11 Day 21 | - | Council approved | |
3.19 km | 0m2 | Year 2024 Month 10 Day 19 | $247,000 | Council approved | ||||
 | 3.38 km | 3 | 1 | 110m2 | Year 2024 Month 10 Day 18 | - | Council approved | |
 | 3.47 km | 1 | 0m2 | Year 2024 Month 07 Day 26 | $700,000 | Council approved |