Nestled in a serene cul-de-sac at 3/69 Peter Street, Ashburton, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1975 with iron roofing and concrete walls in good condition, the property sits on a level contour. It is a cross-lease with a floor area of 80 square meters. The capital value as of 2024 remains steady at $285,000, showing a 0.0% increase from the previous year, while the HouGarden AVM reflects the same valuation. Notably, the property's latest sale history includes a significant jump from $177,500 in 2015 to $345,000 in 2024.
With regards to the government's valuation, the property has maintained its capital value over the years, indicating a stable investment in the eyes of the market. The recent sale prices reflect a growing confidence in the property's worth, with a substantial increase of over 93% in the span of 9 years.
For families with school-aged children, the property falls within a highly regarded school zone. It is in close proximity to several esteemed institutions such as Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8), among others, ensuring access to quality education.
Updated on November 07, 2024