387 Estuary Road, South New Brighton, Christchurch

Nestled in the serene Estuary Road of South New Brighton, Christchurch, this inviting 2-bedroom, 2-carpark home is a post-quake construction, built in 2016. The residence boasts a freehold title, wood exterior walls in good condition, and an iron roof that adds both durability and character. With a floor area of 101 square meters and a land area of 617 square meters, it presents a level contour that is perfect for a family looking for a tranquil coastal lifestyle. The property has seen a significant Capital Value (CV) increase from $410,000 in August 2019 to $650,000 in August 2022, indicating a growth of 58.5%.

Valuation history shows a promising trend, with the HouGarden AVM estimating the property at $602,500. Notably, the latest sale was in 2004 for $185,000, showcasing the property's long-term value appreciation. The home's estuary views and quiet cul-de-sac location make it an attractive investment.

For families with children, the property falls within the catchment area of several reputable schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the many highlights. Other schools include Hillview Christian School (decile 7), Shirley Boys' High School, Avonside Girls' High School, Haeata Community College, South New Brighton School, Christchurch Adventist School, Hagley Community College, and Marian College, all offering a diverse range of educational opportunities.

Updated on May 21, 2024