16 Fatima Street, Redwood, Christchurch

Nestled in the serene Fatima Street of Redwood, Christchurch, this charming freehold property boasts a capital value that has seen a remarkable increase of 45.24% over the past three years. Constructed in 1950 with wood walls and tiled roofing, the dwelling offers three bedrooms, one bathroom, a single carpark, and a floor area of 95 square meters on a levelled 809 square meter section. The home features an HRV system and a heat pump for year-round comfort, and is situated in a prime location near shopping malls, dining, and transport hubs, while also providing a tranquil escape from the city bustle.

With a current Capital Value of $610,000, as of August 2022, and a HouGarden AVM of $567,500, the property's latest sale history includes transactions in 2015 for $436,000 and in 2013 for $353,000. This indicates a strong growth trend in the property's value.

For families with school-aged children, the property falls within the zones of several high-performing schools, including Christ the King School (Decile 8), Villa Maria College (Decile 9), and St Joseph's School (Decile 9). These educational institutions are a testament to the quality of the area's school network.

Updated on June 21, 2024