Nestled in a serene cul-de-sac at 6133/133a Rugby Street, Merivale, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1972 with a mix of materials for the walls and tiles for the roof, this property sits on a level contour with average wall and roof conditions. It is a cross-lease with a floor area of 80 square meters. The capital value has seen a significant increase from $420,000 in August 2019 to the current $680,000 as of August 2022, reflecting a growth rate of 61.9%.
As for the valuation, the HouGarden AVM estimates the property at $660,000, with the latest sale recorded on July 26, 2024, at $624,000, a substantial rise from the previous sale in July 1998 at $135,000.
For families with school-aged children, the property falls within the catchment area of several high-performing schools. These include Burnside High School (Decile 8), Christ the King School (Decile 8), St Patrick's School (Decile 10), Heaton Normal Intermediate (Decile 9), Villa Maria College (Decile 9), Christchurch Boys' High School (Decile 10), Elmwood Normal School (Decile 10), Christchurch Girls' High School (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8).
Updated on August 21, 2024