2 Colman Avenue, Sockburn, Christchurch

Located at 2 Colman Avenue, Sockburn, Christchurch, this residential dwelling is a testament to spacious living and potential. Built in 1955, the property features five bedrooms, a generous floor area of 155m2, and sits on a 698m2 freehold land. The exterior is constructed with concrete walls and tile roofing, both in fair condition, reflecting its age and the opportunity for enhancement. The level contour of the property adds to its appeal, providing a solid foundation for any renovations or landscaping endeavors.

The capital value of this property has seen a significant increase, from $485,000 in August 2019 to $630,000 in August 2022, marking a 29.9% growth. This upward trend is further evidenced by the latest sale price of $675,000 in December 2023, surpassing the HouGarden AVM of $602,500. Such figures indicate a strong market interest and potential for further capital gains, making it an attractive investment. The property's history, including a sale for $185,000 in August 1998, showcases its long-term value appreciation.

Education is a key feature of this location, with access to a range of schools catering to various educational needs and levels. Villa Maria College and Middleton Grange School, both with a decile rating of 9, are standout options for secondary education. Riccarton School offers full primary education with a decile of 3, while St Thomas of Canterbury College and Riccarton High School provide secondary education with deciles of 8 and 6, respectively. Christchurch Adventist School and Hagley Community College, with deciles of 5 and 6, offer composite and secondary education, ensuring a variety of choices for families.

Updated on April 06, 2024.