Nestled in the serene Ilam neighborhood, 2/5 Coniston Avenue is a charming residential dwelling, built in 1995 with solid brick walls and an iron roof. This 3-bedroom home, with a floor area of 160 square meters and 2 car parks, is set on level contour and boasts good wall and roof conditions. It is tenanted under a Cross-Lease title, adding a layer of security to the investment.
With a current Capital Value (CV) of $640,000, this property has seen a remarkable increase of 37.63% from its previous CV of $465,000 in 2019. The HouGarden AVM estimates the property's worth at $632,500, while the latest sale history shows a sale price of $703,000 in 2024, and $470,000 in 2017, indicating a consistent growth trend in value.
For families with school-aged children, this property is within the catchment area of several esteemed schools. Burnside High School, a secondary school with a decile rating of 8, is in close proximity. Other notable schools include Westburn School (decile 9), Christ the King School (decile 8), St Patrick's School (decile 10), Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School (decile 9), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), and Marian College (decile 8), offering a diverse range of educational options.
Updated on November 13, 2024