50 Cowes Street, Avondale, Christchurch

Nestled at the end of a quiet cul-de-sac on 50 Cowes Street, this freehold property in Avondale, Christchurch, boasts a brick exterior and a tiled roof, constructed in 1985. The well-maintained home features 3 bedrooms, 1 bathroom, and 2 car parks, spread across a floor area of 150 square meters on a levelled 586 square meter section. The capital value has seen a significant increase of 50%, from $380,000 in 2019 to the current $570,000, reflecting the rapid growth in the area's property market. The latest sale was recorded at $579,000, with a HouGarden AVM estimate of $552,500, indicating a property with exceptional value.

On the valuation front, the property has shown a consistent rise in the government's eyes, with a recent CV increase that speaks volumes about the investment potential. The recent sales history further underscores the property's allure, offering a clear trend of appreciation. This is a dwelling that promises both comfort and financial growth.

For families with school-aged children, the property falls within the catchment area of several esteemed institutions. Middleton Grange School, a composite school with a decile rating of 9, is one of the many highlights. Other schools in the zone include Hillview Christian School (decile 7), Chisnallwood Intermediate (decile 5), Haeata Community College, Hagley Community College, Marian College, and more, ensuring a variety of educational options for all ages.

Updated on August 01, 2024