Nestled in the serene Bronwyn Street of Mairehau, Christchurch, this charming freehold property boasts a capital value increase of 60% over three years. Constructed in 1950 with wood walls and iron roofing, the dwelling maintains an average condition. It features 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 99 square meters on a levelled 711 square meter land. The property, valued at $680,000 as per the latest government valuation, also presents a modern heat pump and a spacious deck for year-round comfort. Notably, the property falls within a desirable school zone, with institutions like Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8) in close proximity.
Reflecting a strong market trend, the property's HouGarden AVM stands at $675,000, with the latest sale recorded at $390,000 in 2019, following a previous sale at $277,000 in 2018. This indicates a promising investment opportunity in a rapidly appreciating area.
For families with educational priorities, this property is an excellent choice, being within the catchment area of several well-rated schools, including Mairehau High School (Decile 4) and Mairehau School (Decile 6), ensuring access to quality education.
Updated on November 26, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 3 | 1 | -m2 | 2024 12 11 | - | Council approved | |
 | 0.20 km | 3 | 1 | 110m2 | 2024 11 28 | - | Council approved | |
0.25 km | 2 | 1 | 93m2 | 2024 09 08 | $500,000 | Council approved | ||
 | 0.28 km | 3 | 1 | 82m2 | 2024 08 09 | - | Council approved | |
0.17 km | 3 | 104m2 | 2024 08 01 | $645,000 | Council approved |