Nestled in the serene Jacks Point of Queenstown Lakes, 14 Corriedale Road boasts a 3-bedroom, 2-car park residence with a floor area of 204sqm on a sprawling 392sqm of freehold land. Constructed in 2020, this home features mixed-material walls in good condition and an iron roof, both contributing to its capital value that has seen a remarkable increase from $300,000 in 2017 to $1,300,000 as of 2021 - a growth rate of 333.33%. The property is categorised as 'Residential - Home & income' and is situated on a level contour, making it an attractive investment.
With a HouGarden AVM of $377,500 and recent sales history showing a jump from $390,000 in 2022 to $1,425,000 in 2024, the property's market value is clearly on an upward trajectory. This is further supported by the government's capital value assessment, reflecting a strong demand for properties in the area.
For families with school-aged children, the property falls within the zone of St Joseph's School (Queenstown), a full primary school with a decile rating of 10, indicating a high-quality education facility. Additionally, Te Kura Whakatipu o Kawarau, also a full primary, offers another option for education, although it has a decile rating of 0.
Updated on April 18, 2024