Nestled in the serene Hillsborough, Christchurch, 51 Vernon Terrace is a charming residential dwelling on a freehold title, built in 1930 with wood and iron construction. This 3-bedroom, 1-bathroom home boasts an average condition roof and walls, sitting on a steep rise with a floor area of 100 square meters and a land area of 814 square meters. It includes 2 car parks and is located in a quiet cul-de-sac, providing privacy and convenience.
With a current Capital Value (CV) of $840,000 as of August 2022, the property has shown a remarkable increase of 48.67% from its previous CV of $565,000 in August 2019. The HouGarden AVM estimates the property's value at $842,500, while the latest sale on July 31, 2024, was at $910,000, indicating a high demand for such properties in the area.
For families with school-aged children, the property falls within the zones of several high-performing schools. These include Villa Maria College (Secondary, Decile 9), St Thomas of Canterbury College (Secondary, Decile 8), Middleton Grange School (Years 11-13, Composite, Decile 9), Cashmere High School (Secondary, Decile 9), St Martins School (Full Primary, Decile 9), Hillview Christian School (Composite, Decile 7), Christchurch Adventist School (Composite, Decile 5), and Hagley Community College (Secondary, Decile 9).
Updated on September 25, 2024