43 Mcbeath Avenue, Hoon Hay, Christchurch

Nestled in a serene cul-de-sac at 43 Mcbeath Avenue, Hoon Hay, Christchurch, this freehold property boasts 4 bedrooms, 2 bathrooms, and a single carpark. Constructed in 1955 with wood walls and tiled roof, both in good condition, this 130sqm home sits on a level 809sqm section. The property has seen a remarkable Capital Value (CV) increase of 52.94% from $425,000 in 2019 to $650,000 as of 2022. The latest sale was recorded at $785,000 in June 2024, signifying a strong market value. The HouGarden AVM estimates the property at $602,500, making it an attractive investment.

With a CV growth that outpaces the market average, this property offers a secure investment with potential for further appreciation. The recent sale history and AVM reflect the property's desirability and the area's increasing popularity.

For families, the property falls within the zone of several high-performing schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Middleton Grange School (Decile 9). This address ensures access to quality education, a key highlight for any family-oriented buyer.

Updated on July 03, 2024