Nestled in the serene Russley neighborhood, this charming family home at 1/53 Cutts Road boasts a practical layout with 3 bedrooms, a large bathroom, and an open-plan living area. Constructed in 1950 with wood walls and tile roofing, the property sits on a level contour and is maintained in average condition. It comes with a single carpark, a heat pump, and a conservatory that opens to a fully fenced backyard - perfect for pets. The home is held under a Cross-Lease title, ensuring a unique ownership experience. Notably, the capital value has seen a rapid increase of 43.59% from $390,000 in 2019 to $560,000 in 2022. The HouGarden AVM estimates the property at $562,500, with the latest sale recorded at $554,000 in 2024.
For families with school-aged children, the property falls within the zones of several well-regarded schools. Russley School, a Full Primary, holds a decile rating of 7. Surrounding secondary options include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Riccarton High School (decile 6), Middleton Grange School (Years 11-13, decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6), catering to diverse educational needs.
Updated on September 18, 2024