Nestled in the tranquility of a quiet cul-de-sac at 16 Forth Street, Marchwiel, Timaru, this delightful 2-bedroom, 1-bathroom residence is a freehold property built in 1950 with brick walls and tiled roofing. It offers an floor area of 85 square meters on a levelled 690 square meter section. The property, with an average wall and roof condition, presents a solid foundation for first home buyers or investors. Notably, the capital value has seen a significant increase of 32.61% from $230,000 in 2020 to $305,000 as of 2023, showcasing its investment potential. The latest sale history is marked by a transaction of $370,000 in 2024, a substantial leap from the $42,500 sale in 1998.
Valuations are encouraging, with the HouGarden AVM estimating the property at $280,000. This low-maintenance home is an ideal starter, offering easy drive-on access and a fully fenced flat section for convenience and comfort.
For families with school-aged children, the property falls within the zone for several reputable schools. St Joseph's School (Timaru) is a full primary with a decile rating of 7, while Mountainview High School is a secondary school with a decile rating of 6. Additionally, Grantlea Downs School is a full primary with a decile rating of 5, Craighead Diocesan School offers secondary education with a decile rating of 9, and Roncalli College is a secondary school with a decile rating of 7.
Updated on December 11, 2024
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 3 | 1 | 140m2 | 2024 11 08 | - | Council approved | |
 | 0.20 km | 3 | 1 | 120m2 | 2024 08 15 | - | Council approved | |
 | 0.23 km | 2 | 1 | 90m2 | 2024 07 03 | - | Council approved | |
 | 0.20 km | 3 | 1 | 110m2 | 2024 06 25 | - | Council approved | |
 | 0.18 km | 3 | 1 | 100m2 | 2024 06 20 | - | Council approved |