56 Jellicoe Street, Oceanview, Timaru

Nestled in a serene cul-de-sac at 56 Jellicoe Street, Oceanview, Timaru, this charming residential dwelling on a freehold title was built in 1950. It boasts 2 bedrooms, 1 bathroom, and a single carpark, with a floor area of 91 square meters and a generous land area of 638 square meters. The property features wooden exterior walls and an iron roof, both in average condition, and is set on a contour with an easy to moderate fall.

As per the latest government valuation, the capital value has seen a significant increase from $340,000 in September 2020 to $430,000 in September 2023, reflecting a growth rate of 26.47%. HouGarden AVM estimates the property's value at $412,500. Notably, the property was last sold for $332,000 in December 2019, following a sale in December 2015 for $210,000.

For families with school-aged children, the property falls within the zones of several reputable schools. St Joseph's School (Timaru) is a full primary with a decile rating of 7. Mountainview High School and Roncalli College cater to secondary students, with decile ratings of 6 and 7 respectively. Grantlea Downs School is another full primary option with a decile rating of 5, while Craighead Diocesan School offers secondary education with a decile rating of 9.

Updated on October 25, 2024