12 Darby Street, Geraldine, Timaru

Nestled in the serene Geraldine, Timaru, at 12 Darby Street, sits this charming 3-bedroom, 2-carpark residence, built in 2017 with a floor area of 149 sqm on a sprawling 838 sqm of freehold land. The home boasts a sturdy iron roof, well-maintained brick walls, and is north/west facing to maximize light and warmth. The current Capital Value (CV) of $620,000 reflects a 29.17% increase since 2020, while HouGarden's AVM estimates it at $602,500. Notably, the latest sale in 2024 was for $680,000, a significant jump from the 2017 sale of $477,500.

With a CV growth rate that outpaces the market, this property is not just a home but a sound investment. The location is further enhanced by its proximity to high-decile schools such as Geraldine High School (Decile 8) and Craighead Diocesan School (Decile 9), ensuring quality education for the family.

Set in a quiet cul-de-sac, this property offers privacy, security, and a warm, inviting atmosphere, making it a rare find indeed.

Updated on August 22, 2024