Nestled in the serene Rugby Street, Merivale, Christchurch, this 1995-built residence boasts a roughcast exterior and an iron roof, both in good condition. It is a 3-bedroom, 2-bathroom, and 2-car park property with a floor area of 180 square meters, governed by a Cross-Lease ownership. The property's Capital Value (CV) has seen a significant increase from $910,000 in 2019 to the current $1,275,000, reflecting a growth rate of 40.11%. The HouGarden AVM estimates the property's value at $1,220,000, while the latest sales were recorded at $1,355,000 in 2024 and $1,300,000 in 2022.
For families with school-aged children, the property falls within the catchment area of several high-performing schools. These include Burnside High School (Decile 8), Christ the King School (Decile 8), St Patrick's School (Decile 10), Heaton Normal Intermediate (Decile 9), Villa Maria College (Decile 9), Christchurch Boys' High School (Decile 10), Elmwood Normal School (Decile 10), Christchurch Girls' High School (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8), offering a diverse range of educational options.
Updated on April 10, 2024