5 Riselaw Street, Mairehau, Christchurch

Nestled in the serene environment of 5 Riselaw Street, Mairehau, Christchurch, this charming dwelling on a freehold title was built in 1950. It boasts 2 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 86 square meters and a land area of 658 square meters. The property features brick walls in good condition and a tile roof with average condition, sitting on a level contour. A perfect blend of classic construction and modern comfort.

With a current Capital Value (CV) of $485,000 as of August 2022, this property has shown a remarkable increase of 49.23% from its CV of $325,000 in August 2019. The HouGarden AVM estimates the property's value at $465,000, while the latest sale history includes a transaction at $550,000 in February 2024, a significant jump from the $207,000 sale in February 2009.

For families with children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11 - 13) rates a decile 9, Emmanuel Christian School a decile 8, and Shirley School a contributing school with a decile 3 rating. Other educational institutions in the zone include Shirley Intermediate, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, all catering to various year levels and decile ratings.

Updated on April 10, 2024