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50 Ihimaera Terrace, Leamington, Waipa, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 07 Day 11

50 Ihimaera Terrace, Leamington, Waipa

3
163m2
487m2

Nestled at 50 Ihimaera Terrace, Leamington, Waipa, this charming residential dwelling boasts 3 bedrooms, a spacious open-plan living and dining area, and a well-appointed kitchen with ample bench space. Constructed in 2014 with brick walls and tiled roofing, this freehold property sits on a level 487sqm land area, offering a sense of grandeur from its elevated position at the end of a quiet cul-de-sac. The property includes 2 carparks and a large garage, with the entire package being move-in ready. Notably, the capital value has seen a remarkable increase of 50.82% from $610,000 in 2019 to $920,000 as of August 2022, while the HouGarden AVM estimates it at $857,500. The latest sales history shows a sale in 2014 for $415,000 and another in 2010 for $373,000, indicating a consistent appreciation in value.

As for the government valuations, the property has shown a steady climb in value. Regarding the school zone, the Cambridge High School, Cambridge Middle School, and Cambridge School all have a decile rating of 9, while Leamington School stands at a decile 7. This makes the property an attractive prospect for families with school-aged children.

With its prime location, solid construction, and promising investment potential, this home presents a compelling opportunity for those seeking value for money.

Updated on July 11, 2024

Council Data

Last update : 2024 12 11
Improvement value$400,000Increased by 60% from year 2019
Land value$520,000Increased by 44% from year 2019
CV(Year 2022 Month 08)$920,000Increased by 50% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area487m²
Floor area163m²
Decade of construction2014
Title419052
Type of titleFreehold
Legal descriptionLOT 26 DP 392290
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 26 DEPOSITED PLAN 392290,487m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cambridge School
0.75 km
Primary
1-6
Government
Co-Educational
EQI: 404
9
Cambridge Middle School
1.22 km
Combined
7-10
Government
Co-Educational
EQI: 431
9
Cambridge High School
2.41 km
Secondary
9-15
Government
Co-Educational
EQI: 445
9
Leamington School
2.43 km
Primary
1-6
Government
Co-Educational
EQI: 438
7

Property history

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For developers

Unitary plan:-
Land:487m²
Title:Freehold

Surrounding facilities

Ihimaera Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
13 Alpers Ridge, Cambridge
0.21 km
4
2
170m2
Year 2024 Month 09 Day 06
-
Council approved
37 Ihimaera Terrace, Cambridge
0.17 km
3
2
169m2
Year 2024 Month 08 Day 08
$909,000
Council approved
28 Alpers Ridge, Cambridge
0.15 km
4
2
229m2
Year 2024 Month 08 Day 05
-
Council approved
20 Kingdon Street, Leamington
0.27 km
3
164m2
Year 2024 Month 07 Day 15
$950,000
Council approved
49 Alpers Ridge, Leamington
0.19 km
4
2
177m2
Year 2024 Month 07 Day 12
$935,000
Council approved

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