2 Rugby Street, Highfield, Timaru

Discover the charm of 2 Rugby Street, Highfield, Timaru, a delightful 3-bedroom residential dwelling that promises comfort and tranquility. Nestled in a serene neighborhood, this property boasts a freehold ownership type, ensuring long-term security and peace of mind for its occupants. Constructed in 1975 with durable concrete walls and an iron roof, both in good condition, the house spans a floor area of 130 square meters on a level 400 square meter land area. It features a single carpark, highlighting its practicality for families. The property's exterior and structure exude a timeless appeal, promising a cozy living environment.

Financially, the property has shown impressive growth, with its capital value increasing from $460,000 in September 2020 to $570,000 in September 2023, marking a 23.91% rise. The HouGarden AVM estimates its value at $542,500, while its latest sale on February 7, 2024, was at $500,000, significantly higher than its 1996 sale price of $64,901. This steady appreciation underscores the property's investment potential and the vibrant real estate market in Timaru.

Education is a cornerstone of this property's appeal, situated within the zones of esteemed schools such as St Joseph's School (Timaru) and Highfield School, both full primary schools with a decile rating of 7. For older students, Mountainview High School and Roncalli College offer secondary education with decile ratings of 6 and 7, respectively, while Craighead Diocesan School, with a decile rating of 9, provides an excellent option for secondary education from Years 7 to 15. This wide range of educational institutions ensures that families have access to quality education at all levels.

Updated on April 05, 2024.