Nestled in the serene Te Miro, this captivating 4-bedroom, freehold property on 8129 sqm of land offers a peaceful lifestyle. Constructed in 1997 with fibrous cement walls and iron roofing, both in good condition, the home features a floor area of 200 sqm. The property has seen a significant Capital Value increase of 63.01% from $730,000 in 2019 to the current $1,190,000 as of August 2022. The latest sales history includes transactions in 2018 for $734,000 and in 2015 for $520,000. HouGarden's AVM estimates the property's value at $1,140,000. The home is equipped with modern amenities, including a heat pump and a double garage, set amidst an easy/moderate rise contour with a thriving orchard.
From a valuation perspective, the property's CV growth is impressive, reflecting a strong investment potential. The recent sales and AVM figures further validate the property's worth in the current market.
For families with school-aged children, the property falls within the Cambridge High School zone, a decile 9 secondary school, ensuring access to quality education. This combination of a desirable location, a well-maintained property, and a promising CV trajectory makes it an attractive option for both investors and families.
Updated on October 31, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 3.63 km | 3 | 1 | 242m2 | Year 2024 Month 11 Day 15 | - | Council approved | |
 | 1.13 km | 4 | 242m2 | Year 2024 Month 10 Day 11 | $1,220,000 | Council approved | ||
 | 3.88 km | 3 | 246m2 | Year 2024 Month 10 Day 10 | $810,000 | Council approved | ||
 | 3.41 km | 5 | 284m2 | Year 2024 Month 09 Day 18 | $2,210,000 | Council approved | ||
 | 4.92 km | 3 | 1 | 198m2 | Year 2024 Month 07 Day 30 | - | Council approved |