Nestled in the serene Woodend area on 1 Appleton Place, this freehold property is a charming residential dwelling, built in 1993 with roughcast walls and an iron roof, both in good condition. It boasts a floor area of 240sqm, with 4 bedrooms, 2 bathrooms, and 2 carparks, sitting on a land area of 992sqm. The property has seen a significant Capital Value increase of 49.06% from $530,000 in August 2019 to $790,000 as of July 2022. The HouGarden AVM estimates the property's value at $795,000, while the latest sales were recorded at $505,000 in 2020 and $515,000 in 2016.
With a CV growth that outpaces the market average, this property is not just an investment but a wise financial decision. The quiet cul-de-sac adds to the appeal, ensuring a peaceful living environment, while the easy/moderate rise contour provides a scenic outlook.
For families with school-aged children, the property falls within the catchment area of esteemed schools such as Rangiora New Life School (Decile 9), Woodend School (Decile 8), and Kaiapoi High School (Decile 7), among others, offering a high standard of education.
Updated on September 23, 2024