Nestled on a level plot at 137 Fendalton Road, Fendalton, Christchurch, this charming 1915-built residence boasts a freehold title. The 3-bedroom, 210sqm floor area home is complemented by a single carpark and is enveloped in wooden walls with a tiled roof, both in good condition. The property's capital value has seen a remarkable increase of 87.67%, from $730,000 in 2019 to the current $1,370,000 as of August 2022. The HouGarden AVM estimates the property's worth at $1,377,500, with the latest sale recorded on July 29, 2024, at $1,150,000.
With a government-estimated capital value on a rapid rise, this property is not only an attractive investment but also boasts a desirable school zone. It falls within the Burnside High School, Cobham Intermediate, and St Patrick's School (Bryndwr) catchments, all with a decile rating of 8 or 10. Fendalton Open Air School, Villa Maria College, Christchurch Boys' and Girls' High Schools, St Thomas of Canterbury College, Middleton Grange School, and Hagley Community College are also in close proximity, offering a diverse range of educational options.
For families with school-aged children, the property's location in a high-rating school zone is a significant plus. The area's educational institutions are known for their high decile scores, indicating a quality education system and a thriving community.
Updated on September 11, 2024