Nestled in a quiet cul-de-sac at 19/9a Chilcombe Street, Ilam, Christchurch, this residential dwelling boasts 3 bedrooms, 2 carparks, and a floor area of 150 square meters. Constructed in 1989 with brick walls and an iron roof, both in good condition, the property sits on a level contour. It is under a Cross-Lease ownership type. The capital value has seen a significant increase from $570,000 in 2019 to $820,000 as of 2022, marking a growth of 43.86%. The property is valued at $800,000 according to HouGarden AVM, with the latest sale recorded at $833,000 in 2024.
With a history of sales, the property's value has been on a consistent rise. The latest sale price of $833,000, compared to the previous sale of $565,000 in 2019, indicates a healthy real estate market in the area. The government's capital value assessment also reflects a strong growth trend.
For families with school-aged children, this property falls within the zones of highly regarded schools such as Burnside High School, Cobham Intermediate, and Christchurch Boys' and Girls' High Schools. The schools are known for their high decile ratings, ensuring quality education for the community.
Updated on August 07, 2024