2/2 Ruakaka Street, Hornby, Christchurch

Nestled at 2 Ruakaka Street, Hornby, Christchurch, this residential unit boasts a 2-bedroom, 1-bathroom layout with 2 carparks, and a floor area of 90 square meters. Constructed in 1970 with concrete walls and tiled roof, both in good condition, this Unit Title property is set on a level contour. The capital value has seen a rapid increase from $305,000 in August 2019 to $450,000 in August 2022, reflecting a growth of 47.5%. The property, complete with an updated kitchen, open plan dining, a separate lounge, and a heat pump for the winter, also features a single garage and shed for storage. Close to The Hub Hornby and amenities, it's appealing for both nesting and investment, further enhanced by its proximity to parks, public transport, and a range of schools.

Government valuations show a consistent rise, with the HouGarden AVM estimating the property at $437,500. The latest sale history is notable, with a transaction in 2024 at $475,000, and another in 2013 at $281,000. This property is not just a number; it's a home in a sought-after school zone. The nearby schools include Villa Maria College (Decile 9), Hornby High School (Decile 3), St Thomas of Canterbury College (Decile 8), and more, offering a variety of educational options.

For those with a focus on education, this property falls within a highly rated school district. The secondary schools in the area, such as Villa Maria College and Hornby High School, are known for their high decile ratings, ensuring a quality education for your family. Other educational institutions like South Hornby School, Middleton Grange School, Aidanfield Christian School, and Hagley Community College, are also in close proximity, providing diverse educational opportunities.

Updated on August 01, 2024