61 Meadowstone Street, Gleniti, Timaru

Nestled at 61 Meadowstone Street in the serene Gleniti, Timaru, this residential dwelling boasts a freehold title on a levelled property. Constructed with a mix of materials for the walls and iron for the roof, this 2024-built home offers 3 bedrooms, 2 carparks, and a generous floor area of 214 square meters on a land area of 733 square meters. Both the walls and roof are in good condition, ensuring a solid structure for years to come.

With a significant increase of 2.75 times, the capital value has jumped from $285,000 in 2020 to $1,070,000 as of 2023. The HouGarden AVM estimates the property at $1,025,000, while the latest sale record in 2019 was for $280,000. Such a rapid CV growth is a testament to the property's investment potential.

For families with school-going children, this property falls within the catchment area of several high-performing schools. Gleniti School is a full primary with a decile rating of 9, while St Joseph's School (Timaru) is a full primary with a decile rating of 7. Mountainview High School and Roncalli College, both secondary schools, are rated at deciles 6 and 7 respectively. Craighead Diocesan School, also a secondary school, holds a decile rating of 9.

Updated on October 25, 2024