18c Forbes Street, Sydenham, Christchurch

Nestled in the tranquility of 18c Forbes Street, Sydenham, Christchurch, this residential ownership home unit boasts a freehold title. The property features 2 bedrooms, 1 bathroom, and a single carpark, spread across a floor area of 98 square meters on a level contour. Constructed with a mix of materials for the walls and iron for the roof, this 2024-built home is in good condition both inside and out. The capital value as of August 2022 is $620,000, reflecting a promising investment in a rapidly appreciating property market.

As per the valuation records, the property has shown a consistent growth trend with the HouGarden AVM estimating it at $622,500. The latest sale on July 14, 2024, for $639,000, is a testament to the capital value increase, indicating a significant appreciation in a short period.

For families with children, the property falls within a desirable school zone. With top-notch educational institutions and a high decile rating, this home is an ideal choice for those seeking quality education for their children.

Updated on September 11, 2024