331a King Street, Temuka, Timaru

Nestled at 331a King Street, Temuka, Timaru, this residential dwelling boasts a freehold title on a level contour. The modern property, built in 2023, features mixed materials for the exterior walls and an iron roof, both in good condition. It offers 3 bedrooms, a spacious floor area of 167 square meters, and a generous land area of 496 square meters, complete with 2 car parks. The property's capital value has seen a significant increase from $520,000 in 2020 to $680,000 in 2023, reflecting a growth rate of 30.77%.

As for valuation, the HouGarden AVM estimates the property at $685,000, with the latest sale records showing transactions at $700,000 on both August 10, 2024, and September 16, 2022. This indicates a stable and consistent market value for the property.

In terms of education, the property falls within the school zones of St Joseph's School (Temuka), a full primary with a decile rating of 6, Opihi College Years 9-15, a secondary school with a decile rating of 5, Craighead Diocesan School, a prestigious secondary school with a decile rating of 9, and Roncalli College, another secondary school with a decile rating of 7, ensuring a range of quality educational options for residents.

Updated on October 02, 2024