149 Caledonian Road, Saint Albans, Christchurch

Located at 149 Caledonian Road, Saint Albans, Christchurch, this residential dwelling boasts 3 bedrooms, 1 bathroom, and 2 carparks, with a floor area of 131 square meters and a land area of 400 square meters. Built in 1920, the property features mixed materials for walls in good condition and an iron roof also in good condition. The level contour and freehold ownership type add to the appeal of this standalone home. Its prime location and well-maintained structure make it a desirable choice for homeowners.

The property has seen a significant increase in capital value, from $560,000 in August 2019 to $800,000 in August 2022, marking a 42.86% growth. The HouGarden AVM estimates its value at $790,000. Recent sales history shows a sale at $540,000 in June 2020 and a notable increase to $960,000 in February 2024. This rapid appreciation highlights the property's investment potential and the area's increasing desirability.

Zoned for top-rated schools including Burnside High School (decile 8), Heaton Normal Intermediate (decile 9), Christchurch Boys' High School (decile 10), Christchurch Girls' High School (decile 9), and several others, this property offers excellent educational opportunities. Its location ensures easy access to local amenities, making it not only a comfortable home but also a wise investment in a sought-after school zone.