Nestled in the tranquility of 5 Mclean Street, Glenavy, Waimate, this residential dwelling on a freehold title boasts a generous floor area of 96 square meters, complemented by 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 2009 with fibrous cement walls and an iron roof, both in good condition, this property sits on a level contour with a land area of 900 square meters. The property's capital value has seen a rapid increase, rising by 50% from $270,000 in 2019 to the current $405,000 as of 2022.
Reflecting the property's market worth, the HouGarden AVM estimates the value at $402,500, while the latest sale history shows a transaction at $425,000 in 2024, signifying a consistent appreciation in value since the initial sale in 2009 for $148,200.
For families with school-aged children, the property falls within the zones of the well-regarded Glenavy School, a full primary with a decile rating of 7, as well as Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, another secondary school with a decile rating of 7.
Updated on November 06, 2024