5 Waters Street, Hoon Hay, Christchurch

Located in the serene neighborhood of Hoon Hay, Christchurch, the property at 5 Waters Street is a quintessential family home. Built in 1950, this freehold property spans a generous land area of 809 square meters with a floor area of 136 square meters. It features three spacious bedrooms, a large garage complemented by a huge studio room, and ample outdoor space including a private rear deck with built-in seats. The house is constructed with brick walls and tile roofing, both in good condition, ensuring durability and minimal maintenance. The level contour of the property adds to its appeal, making it an ideal choice for families seeking comfort and convenience.

The capital value of this property has seen a significant increase, from $425,000 in August 2019 to $650,000 in August 2022, marking a 52.94% growth. This is indicative of the property's appreciating value in the real estate market. The latest sale in January 2024 was at $660,000, slightly above the HouGarden AVM of $622,500, further affirming its market value. Such a consistent upward trend in valuation highlights the property's investment potential.

5 Waters Street is zoned for several prestigious schools, including Our Lady of the Assumption School (Chch) with a decile rating of 10, and Villa Maria College, Middleton Grange School (Years 11 - 13), both with a decile rating of 9. This property offers the perfect blend of comfort, convenience, and educational opportunities, making it an ideal choice for families prioritizing quality education for their children.

Updated on April 05, 2024.