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Sold: $1,468,000

Sold on 2024 Year 2024 Month 06 Day 12

18 Scurr Terrace, Wanaka, Queenstown Lakes

3
166m2
506m2

Nestled at 18 Scurr Terrace in the serene Wanaka, Queenstown Lakes, this residential dwelling is a prime example of modern living. Constructed with iron for both the walls and roof, this 2022-built property stands firm with a good condition on both its exterior and roofing. It boasts a floor area of 166 square meters on a levelled 506 square meter land, and comes with 3 bedrooms, 1 carpark, and an undefined number of bathrooms. The property is held under the freehold title, ensuring full control and ownership.

Since the initial government valuation of $370,000 in July 2017, the capital value has seen an impressive increase to $1,300,000 as of September 2021, marking a growth rate of 2.5 times. The HouGarden AVM estimates the property's worth at $1,270,000, while the latest sales records from June 2024 and April 2021 highlight a significant jump from $435,000 to $1,468,000, indicating a high demand for such prime real estate in the area.

For families with children, the property falls within the highly sought-after school zone of Wanaka Primary School, a contributing school with a perfect decile score of 10. This combination of a quality property and an excellent school network makes it an unparalleled investment opportunity.

Updated on August 07, 2024

Council Data

Last update : 2025 01 29
Improvement value$740,000
Land value$560,000Increased by 51% from year 2017
CV(Year 2021 Month 09)$1,300,000Increased by 251% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area506m²
Floor area166m²
Decade of construction2022
Title867388
Type of titleFreehold
Legal descriptionLOT 22 DP 529482
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 22 DEPOSITED PLAN 529482,506m2
ConstructionExternal Walls: Iron
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wanaka Primary School
0.41 km
Primary
1-6
Government
Co-Educational
EQI: 400
10

Property history

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For developers

Unitary plan:Low Density Residential Zone
Land:506m²
Title:Freehold

Scurr Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.25 km
3
250m2
Year 2024 Month 11 Day 22
$1,740,000
Council approved
39 Farrant Drive, Wanaka
0.09 km
4
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Year 2024 Month 09 Day 10
$1,930,000
Council approved
10 Scurr Terrace, Wanaka
0.05 km
3
138m2
Year 2024 Month 09 Day 05
$1,380,000
Council approved
223 Aubrey Road, Wanaka
0.20 km
4
153m2
Year 2024 Month 08 Day 31
$1,350,000
Council approved
16 Scurr Terrace, Wanaka
0.01 km
3
146m2
Year 2024 Month 08 Day 05
$1,250,000
Council approved

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