Nestled in the serene Edgeware neighborhood at 1/39 Cleveland Street, this residential unit title property boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 2006 with quality brick walls and tiled roofing, the 78-square-meter home sits on a level contour with a well-maintained exterior. The property's capital value has seen a significant increase from $340,000 in 2019 to $450,000 in 2022, reflecting a growth rate of 32.35%. The latest sales history also indicates a promising trend, with a sale price of $450,000 in 2024 following a previous sale at $400,000 in 2021.
As for the government's valuation and the HouGarden AVM, both align at $450,000, reflecting the property's current market worth. This figure is a testament to the property's appeal and investment potential.
For families with school-aged children, the property falls within a highly sought-after school zone. It is in close proximity to Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Shirley School (Decile 3), Shirley Intermediate (Decile 4), Christchurch Adventist School (Decile 5), Mairehau High School (Decile 4), Hagley Community College (Decile 6), and Marian College (Decile 8), offering a range of educational options.
Updated on September 25, 2024