18 Cranbrook Avenue, Burnside, Christchurch

Discover the charm of this captivating 3-bedroom brick home at 18 Cranbrook Avenue, Burnside, Christchurch, offering a blend of comfort and potential within the highly sought-after Burnside school zones. With a floor area of 103m² on a generous 637m² freehold section, this property features a single carpark, tile roofing, and brick walls, reflecting its sturdy construction from 1968. The level contour of the land complements the average condition of both the wall and roof, presenting an excellent opportunity for enhancement.

Since its last sale in 2008 for $365,000, the property has seen a significant increase in value, with a capital value of $450,000 in 2019, soaring to $680,000 by 2022, marking a 51.11% growth. The latest sale in February 2024 at $720,000, alongside a HouGarden AVM of $665,000, underscores the property's robust appreciation and potential for further growth. This trajectory highlights the property's solid investment appeal.

Education is a cornerstone of this property's allure, situated within zones for top-tier schools including Burnside Primary, Cobham Intermediate, and Burnside High School, alongside access to prestigious institutions like Villa Maria College and St Thomas of Canterbury College. With decile ratings ranging from 4 to 10, the property offers diverse educational opportunities, making it an ideal choice for families prioritizing academic excellence in a supportive community environment.