12 Allens Road, Allenton, Ashburton

This charming property located at 12 Allens Road, Allenton, Ashburton, offers a unique opportunity for first home buyers or investors. The house, built in the 1970s, features 3 bedrooms, a spacious open-plan kitchen and living area, a conservatory, separate laundry, and toilet. It boasts a large double garage and is set on a generous 918sqm freehold section. The exterior is constructed of solid red brick with an iron roof, both in average condition, reflecting the home's age and character. The level contour of the property adds to its appeal, providing a great canvas for landscaping and outdoor activities.

Over the years, the capital value of this property has seen a significant increase, from $295,000 in July 2018 to $395,000 in July 2021, marking a 33.9% growth. This trend underscores the property's potential for value addition and equity growth. Despite this, the latest sale on January 26, 2024, was at $440,000, slightly above the HouGarden AVM of $387,500, indicating a market that values the potential and location of this home.

The property is ideally situated within excellent school zones, offering a range of educational options. It is zoned for Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Ashburton Christian School (decile 6), Allenton School (decile 7), Ashburton College (decile 6), Ashburton Borough School (Y1-6) (decile 7), St Joseph's School (Ashburton) (decile 8), Ashburton Intermediate (decile 6), and Craighead Diocesan School (decile 9). These schools provide high-quality education options for families, making this property an attractive choice for those prioritizing educational opportunities.

Updated on March 22, 2024.