Nestled at 62 Oakhampton Street in the heart of Hornby, Christchurch, this residential dwelling on a freehold section boasts a capital value that has seen a rapid increase of 48.7% from $390,000 in 2019 to $580,000 as of 2022. Constructed in 1974 with concrete walls and tiled roof, both in good condition, this home offers 3 bedrooms, a single carpark, and a floor area of 111sqm on a levelled 619sqm plot. The property, with its spacious living areas warmed by a log burner, enjoys a seamless flow to a large deck and the yard, making it an ideal space for family gatherings.
With a HouGarden AVM of $537,500 and the latest sale recorded at $390,000 in 2018, this property presents a lucrative investment opportunity. The government valuation growth is a testament to the potential for added value.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Villa Maria College (Decile 9), Hornby High School Years 7-8 (Decile 3), and others. This combination of location, value, and educational opportunities makes it a standout choice for those seeking an affordable family home in a desirable school district.
Updated on May 16, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.37 km | 3 | 110m2 | 2024 05 09 | $500,000 | Council approved | |||
 | 0.28 km | 3 | 1 | -m2 | 2024 05 06 | $488,000 | Council approved | |
0.28 km | 2 | 1 | 90m2 | 2024 04 18 | $500,000 | Council approved | ||
 | 0.12 km | 5 | 2 | 185m2 | 2024 02 08 | $657,000 | Council approved | |
 | 0.22 km | 3 | 106m2 | 2024 01 10 | $510,000 | Council approved |