Nestled in the tranquility of a quiet cul-de-sac at 15a Strowan Avenue, Elgin, Ashburton, this brand new, freehold property boasts a level contour and well-proportioned living spaces. The residence, built in 2024, features 4 bedrooms, 2 carparks, and a floor area of 181 square meters on a generous land area of 727 square meters. The exterior is adorned with brick walls and an iron roof, both in good condition. The property has seen a remarkable Capital Value (CV) increase of 35.09%, from $570,000 in 2021 to the current $770,000 as of 2024. The HouGarden AVM estimates the property's value at $765,000, with the latest sale recorded at $785,000 on September 13, 2024.
With a CV growth rate that outpaces the market average, this property is not just a home but a sound investment. The recent sale history and AVM reflect the property's desirability and potential for further appreciation. The well-appointed kitchen with a walk-in pantry, open to the dining area, and sliding doors that lead to the outside further enhance the value of this dwelling.
For families with school-aged children, the property falls within the catchment area of several high-performing schools. These include Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8), among others. The location provides an excellent educational backdrop for children of all ages, with a variety of primary, intermediate, and secondary school options.
Updated on November 06, 2024