47 Tramway Road, Springfield, Selwyn

Nestled at 47 Tramway Road, Springfield, Selwyn, this charming freehold property exudes a warm and inviting ambiance. Constructed in 1950 with wood walls and an iron roof, both in good condition, it offers 3 bedrooms, 1 bathroom, and a single carpark. The 116sqm floor area is complemented by a level 1012sqm section, ideal for a family looking for comfort and practicality. The government’s capital value assessment remains stable at $500,000 since July 2021, with no increase, while the HouGarden AVM estimates it at $480,000. Notably, the property sold for $620,000 in February 2024, a significant jump from the $345,000 sale in 2013.

For educational pursuits, the property falls within the catchment of esteemed institutions. Villa Maria College and Darfield High School, both secondary schools, are decile 9. Springfield School is a contributing school with a decile 6 rating, while St Thomas of Canterbury College and Middleton Grange School (Years 11-13) are secondary and composite respectively, with deciles 8 and 9. Christchurch Adventist School offers a composite education with a decile 5 rating.

Set in a tranquil cul-de-sac, this property is not only a haven for family life but also an investment with potential, given the area’s educational and recreational amenities. Its recent sale history and stable capital value growth make it a Springfield gem worth considering.

Updated on April 17, 2024