16 Wesney Terrace, Kingston, Queenstown Lakes

Nestled in the tranquility of 16 Wesney Terrace, Kingston, within the scenic Queenstown Lakes, this residential dwelling boasts a freehold title. Constructed in 1960 with wood exterior walls and an iron roof, the property offers 2 bedrooms, 1 bathroom, and 2 car parks. The floor area spans 82 square meters, while the land area is a generous 809 square meters. Notably, the wall and roof conditions are currently listed as poor, yet this charming property sits on a level contour, inviting potential for improvement.

As for the financials, the capital value has seen a significant increase from $470,000 in July 2017 to $770,000 as of September 2021, reflecting a growth rate of 63.83%. The HouGarden AVM estimates the property's worth at $775,000. The latest sale history includes transactions at $740,000 in August 2024 and $350,000 in January 2007, indicating a steady rise in value over the years.

For families with children, the property falls within a desirable school zone. With a decile rating that reflects its high standard, the local schools are sure to provide an excellent education for the young ones.

Updated on September 18, 2024