8/281 Cambridge Terrace, Christchurch Central, Christchurch

Nestled at 8/281 Cambridge Terrace in the heart of Christchurch Central, this residential apartment boasts 3 bedrooms, 2 bathrooms, and a single carpark. Constructed in 2011 with roughcast walls and an iron roof, both in good condition, this unit title property offers a level contour and a floor area of 120 square meters. The capital value has seen a significant increase from $670,000 in 2019 to $900,000 as of 2022, reflecting a growth rate of 34.33%.

As for the property's valuation, the HouGarden AVM estimates it at $892,500, while the latest sale records show transactions at $1,210,000 in 2024 and $555,000 back in 2011.

For families with school-aged children, this property falls within the catchment area of several well-regarded schools. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. Other schools in the zone include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Mairehau High School (decile 4), Christchurch East School (decile 3), Hagley Community College (decile 6), and Marian College (decile 8).

Updated on November 27, 2024