Nestled in the serene cul-de-sac of White Street, Rangiora, this charming freehold property on a 625m2 section boasts a capital value that has surged by 55% since 2019. With 3 bedrooms, 1 bathroom, and 2 car parks, it offers a comfortable living space of 114m2, complemented by a robust concrete exterior and a well-maintained iron roof, both in good condition. Built in 1962, this residence is primed for a new chapter. The property's allure is further enhanced by its proximity to top-rated schools, including Ashgrove School and Rangiora High School, both decile 9 institutions. The latest sale history and HouGarden AVM reflect a promising investment opportunity, with the property valued at $620,000 as of July 2022, and recent sales fetching $410,000 in 2019 and $376,000 in 2016. This is not just a home; it's a smart investment in a thriving community.
Government valuations show an impressive leap from $400,000 in August 2019 to the current $620,000, a growth rate that's hard to ignore. The HouGarden AVM echoes this figure, providing a reliable estimate for potential investors. The property's value has seen a consistent and rapid increase, making it an attractive prospect for those looking to enter the property market or expand their portfolio.
For families with educational priorities, this property falls within the zone of some of the best schools in the region. Ashgrove School, Rangiora High School, and Rangiora New Life School are all decile 9, while Christchurch Adventist School and Marian College offer additional choices with deciles 5 and 8 respectively. This address not only promises a quality education but also a sound investment in your family's future.
Updated on September 19, 2024