1 Fernbrook Place, Mairehau, Christchurch

Nestled in the serene Fernbrook Place, a quiet cul-de-sac in Mairehau, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1970 with concrete walls and tiled roofing, both the walls and roof are in good condition. The property sits on a level contour and is under a Cross-Lease ownership type. The floor area spans 90 square meters, offering a comfortable living space.

As per the government valuation, the capital value has seen a significant increase from $335,000 in August 2019 to $475,000 in August 2022, reflecting a growth rate of 41.79%. The HouGarden AVM estimates the property's value at $455,000. The latest sale history includes a transaction at $475,000 in February 2024 and another at $295,000 in September 2013.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11-13) is a composite school with a decile rating of 9. Emmanuel Christian School caters to Year 1-10 with a decile rating of 8. Other schools in the zone include Christchurch Adventist School (decile 5), Mairehau High School (Year 9-15, decile 4), Mairehau School (Full Primary, decile 6), Hagley Community College (Year 9-15, decile 6), and Marian College (Year 9-15, decile 8).

Updated on April 10, 2024