Nestled on a level plot at 158 Middle Swamp Road, Temuka, Timaru, this Lifestyle - Improved property boasts a charming 1950s build with average condition brick walls and iron roofing. It offers 4 bedrooms, 2 carparks, and a generous floor area of 200 square meters, all set on a vast freehold land of 11,390 square meters. The property's capital value has seen a significant increase, reflecting a growth of 30.65% from $620,000 in 2020 to $810,000 as of 2023.
With a HouGarden AVM of $780,000, the latest sale history is notable, with a transaction in 2024 reaching $905,000, a stark contrast to the $296,250 sale in 1997. This indicates a promising investment with a substantial capital gain potential.
For families with school-aged children, the property falls within the catchment area of several reputable schools. Winchester Rural School is a Contributing school with a decile rating of 7. St Joseph's School (Temuka) is a Full Primary with a decile rating of 6. Opihi College Years 9-15 and Roncalli College are Secondary schools with decile ratings of 5 and 7 respectively, while Craighead Diocesan School is a Secondary school with a higher decile rating of 9.
Updated on October 23, 2024