Nestled at 101 Domain Avenue, Kensington, Timaru, this charming residential dwelling on a freehold title was built in 1940. It boasts a floor area of 97 square meters and is set on a spacious 516 square meter plot. The exterior walls are constructed with brick, while the roof is tiled. Both the walls and roof are in average condition. The property features 2 bedrooms, 1 bathroom, and 2 car parks, along with a purpose-built 7x6 meter garage suitable for a caravan, motorhome, or boat. It is well-maintained, with double-glazing and two heat pumps for comfort.
As for the financials, the capital value has seen a significant increase from $380,000 in September 2020 to $470,000 in September 2023, indicating a growth rate of 23.68%. The HouGarden AVM estimates the property at $450,000. The latest sale history includes transactions at $440,000 in February 2024 and $340,000 in May 2020.
For families with children, the property falls within the zones of several schools, including St Joseph's School (Timaru) with a decile rating of 7, Craighead Diocesan School with a decile rating of 9, Timaru South School with a decile rating of 2, and Roncalli College with a decile rating of 7. This home offers the perfect blend of convenience, comfort, and a promising investment opportunity in a sought-after school district.
Updated on April 11, 2024