Located at 4/582 Barbadoes Street, Edgeware, Christchurch, this residential property is a gem for those seeking a comfortable living space or a smart investment. The home features two double bedrooms, one bathroom, and no carpark, spread over a floor area of 60 square meters. It is a Cross-Lease property with brick walls, tile roofing, and was built in 1969. Both the wall and roof conditions are rated as good, and the property contour is level, ensuring a stable and secure living environment.
Over the years, the capital value of this property has seen a significant increase, from $230,000 in August 2019 to $360,000 in August 2022, marking a 56.52% growth. The latest sale records show a transaction at $355,000 on January 22, 2024, following a previous sale at $350,000 on May 6, 2021. The HouGarden AVM estimates the property's value at $342,500, highlighting its consistent appreciation and investment potential.
The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Emmanuel Christian School (Composite Year 1-10) with a decile of 8, and several others catering to a range of educational needs. Its location offers quiet living while being conveniently close to the city, local shops, transport, and parks, making it an attractive option for families and investors alike.
Updated on April 06, 2024.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.03 km | 1 | 1 | 63m2 | 2024 05 11 | $395,000 | Council approved | ||
 | 0.17 km | 2 | 1 | 60m2 | 2024 03 25 | $240,000 | Council approved | |
0.07 km | 2 | 1 | 60m2 | 2024 03 12 | $377,500 | Council approved | ||
 | 0.10 km | 3 | 1 | 120m2 | 2024 02 22 | $400,000 | Council approved | |
0.09 km | 3 | 182m2 | 2024 02 16 | $1,000,000 | Council approved |