1/44 Peer Street, Upper Riccarton, Christchurch

This perfect family home nestled in a quiet cul-de-sac boasts 3 bedrooms and 2 bathrooms. Constructed with sturdy weatherboard exterior and featuring a new metal roof, the freehold property sits on a plot of approximately 500 square meters. Historical data shows a steady increase in the government valuation of the property, with the latest valuation as of August 1, 2022, being $600,000. Over the past five years, the compound annual growth rate of the government valuation has reached 5.2%. Moreover, according to the HouGarden AVM, the estimated value of the property's backyard is $620,000. The most recent sale record in 2021 was at $580,000, indicating the ongoing demand and appreciation potential in the area. In terms of educational resources, the residence is located within an acclaimed school zone. The nearby schools are known for their high-quality education and decile scores. Children will have the opportunity to benefit from top-notch educational resources, laying a solid foundation for their future.

Updated on September 26, 2024