53 Royalist Avenue, North New Brighton, Christchurch

Nestled in the serene cul-de-sac of 53 Royalist Avenue, North New Brighton, Christchurch, this residential dwelling on a freehold title boasts 2 bedrooms, 2 carparks, and a floor area of 124 square meters on a sprawling 607 square meter land. Constructed in 1970 with robust concrete walls and iron roofing, both in good condition, this property is set on level contour. The capital value has seen a dramatic increase from $360,000 in 2019 to $570,000 in 2022, reflecting a growth of 58.33%. The latest sale history is marked by a transaction of $700,000 in 2024, a significant leap from the $294,000 sale in 2011.

Valuations are impressive with the HouGarden AVM estimating the property at $542,500. The government's capital value assessment showcases a rapid appreciation that's sure to catch the eye of investors. This home is not only a sound financial investment but also a wise choice for families, given its proximity to several schools. The Middleton Grange School, a composite institution with a decile rating of 9, caters to years 11 to 13. Other notable schools in the zone include Emmanuel Christian School (decile 8), Shirley Boys' High School and Avonside Girls' High School (both decile 6), Rawhiti School (decile 3), Haeata Community College (decile 1), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), and Marian College (decile 8).

Updated on April 10, 2024