3 Mooray Avenue, Bishopdale, Christchurch

Nestled in the serene Bishopdale, Christchurch, this 2-bedroom, 2-car park home unit at 3 Mooray Avenue is a prime example of comfortable living. Constructed in 1971 with concrete walls and an iron roof, both in good condition, this cross-lease property sits on a level contour, offering a maintenance-free lifestyle. The capital value has seen a remarkable increase of 36.84% from $380,000 in 2019 to the current $520,000, outpaced only by the latest sale price of $575,000 in 2024. HouGarden AVM estimates the property at $510,000, making it an attractive investment. The updated kitchen and laundry, open-plan design, and the master bedroom’s twin built-in robes are highlights of this home.

With a CV growth that speaks volumes about its investment potential, this property has a history of latest sales, jumping from $360,000 in 2020 to the recent $575,000. The consistent rise in value is a testament to the property’s allure and the area’s desirability.

For families with school-aged children, the Burnside High School Zone is a significant draw. The property falls within a decile 8 zone and is surrounded by a selection of high-performing schools, including Breens Intermediate, Isleworth School, and St. Patrick's School, to name a few. This combination of location, quality, and potential makes it a rare find in the current market.

Updated on August 07, 2024