Nestled at 71 Waipapa Avenue, Diamond Harbour, Christchurch, this residential dwelling on a freehold title was built in 1950. It boasts 3 bedrooms, a single carpark, a floor area of 128 square meters, and a spacious land area of 820 square meters. The property features concrete walls in average condition and a tiled roof also in average condition, sitting on a level contour. A classic home in a quiet cul-de-sac, it presents a promising investment with its increasing capital value.
As per the latest government valuation in 2022, the property's capital value has surged to $610,000, marking a significant increase of 48.8% from the $410,000 valuation in 2019. The HouGarden AVM estimates the property's worth at $567,500. The latest sale history shows a transaction in 2024 at $615,000, a substantial leap from the 1992 sale price of $118,500.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. Other notable schools include Aidanfield Christian School (decile 8), Cashmere High School (Year 9-15, decile 9), Christchurch Adventist School (decile 5), and Marian College (Year 9-15, decile 8), ensuring access to quality education.
Updated on May 29, 2024