Nestled in the charming community of Little River, this 3-bedroom, 1-bathroom residence with a single carpark on 809 sqm of freehold land is a gem. Constructed in 1950 with fair condition brick walls and iron roofing, the property offers a level contour and a floor area of 100 sqm. The current Capital Value (CV) stands at $430,000, showcasing a significant increase of 40.98% from $305,000 in 2019. The property's HouGarden AVM is $412,500, with the latest sale recorded at $295,000 in 2024, down from $315,000 in 2019. This home is perfect for families, with its additional self-contained facility and potential for an artist's studio or a home office.
With a CV growth rate that outpaces the market, this property is not just a home but a sound investment. The recent sale history and AVM reflect a stable market presence and the potential for further value appreciation.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Villa Maria College (Decile 9), Lincoln High School (Decile 10), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5), ensuring access to quality education.
Updated on October 23, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.43 km | 2 | 1 | -m2 | 2024 11 13 | $550,000 | Council approved | |
9.37 km | 3 | 112m2 | 2024 11 11 | $450,000 | Council approved | |||
 | 9.73 km | 3 | 1 | -m2 | 2024 09 17 | - | Council approved | |
 | 3.67 km | 5 | 3 | 365m2 | 2024 09 12 | - | Council approved | |
0.26 km | 0m2 | 2024 09 03 | $125,000 | Council approved |