Nestled in the serene cul-de-sac of 54 Worthy Street, Ilam, Christchurch, this charming residential dwelling, built in 1950, boasts a freehold title on a spacious 685m2 section. The 3-bedroom, 2-carpark home features average-condition brick walls and tiled roofing, spanning a floor area of 118m2. The capital value has seen a remarkable increase of 38.46% from $455,000 in 2019 to $630,000 as of 2022, reflecting its growing desirability. The property is complemented by a sunny living area with a heat pump and a layout designed for comfort and entertainment.
With a HouGarden AVM valuation of $632,500 and a sales history including a 2014 sale for $410,000, this property presents a solid investment. Notably, the last sale in 1997 was for $165,000, showcasing the property's long-term value appreciation.
For families with school-aged children, the property falls within the zones of several esteemed schools, including Avonhead School with a decile rating of 7, St Patrick's School (Bryndwr) at decile 10, and Villa Maria College at decile 9. Other educational institutions in the vicinity include St Thomas of Canterbury College, Riccarton High School, Middleton Grange School, Christchurch Adventist School, and Hagley Community College, offering a range of options for quality education.
Updated on October 01, 2024