62 Oakhampton Street, Hornby, Christchurch

Nestled at 62 Oakhampton Street in the heart of Hornby, Christchurch, this residential dwelling on a freehold section boasts a capital value that has seen a rapid increase of 48.7% from $390,000 in 2019 to $580,000 as of 2022. Constructed in 1974 with concrete walls and tiled roof, both in good condition, this home offers 3 bedrooms, a single carpark, and a floor area of 111sqm on a levelled 619sqm plot. The property, with its spacious living areas warmed by a log burner, enjoys a seamless flow to a large deck and the yard, making it an ideal space for family gatherings.

With a HouGarden AVM of $537,500 and the latest sale recorded at $390,000 in 2018, this property presents a lucrative investment opportunity. The government valuation growth is a testament to the potential for added value.

For families with school-aged children, the property falls within the zones of highly regarded schools such as Villa Maria College (Decile 9), Hornby High School Years 7-8 (Decile 3), and others. This combination of location, value, and educational opportunities makes it a standout choice for those seeking an affordable family home in a desirable school district.

Updated on May 16, 2024