Welcome to 3/556 Barbadoes Street, a charming two-bedroom, one-bathroom residential unit, set in a quiet cul-de-sac of Edgeware, Christchurch. Constructed in 1974 with a mix of materials for the walls and iron for the roof, this cross-lease property presents a well-maintained facade and roof. The property boasts a floor area of 60 square meters, a single carpark, and a fully fenced yard - a perfect blend of space and privacy. Notably, the owners have added double glazing for better noise insulation and energy efficiency.
As for the financials, the capital value has seen a remarkable increase from $220,000 in August 2019 to $325,000 in August 2022, indicating a growth of 47.73%. The HouGarden AVM estimates the property at $315,000, while the latest sale in March 2024 was at $377,500, a significant jump from the previous sale in October 2018 at $217,500.
For families with children, the property falls within a desirable school zone. It is close to Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Shirley Intermediate (Decile 4), and several other well-regarded institutions. This is not just a home, but an entry into a thriving community with excellent educational opportunities.
Updated on April 10, 2024