Nestled in the serene Saint Albans Street, Christchurch, this residential dwelling boasts a practical layout with 2 bedrooms and a single carpark. Constructed in 1991 with concrete walls and an iron roof, both in good condition, this cross-lease property offers a level contour and a comfortable floor area of 114 square meters. The property has seen a significant increase in its capital value, rising from $500,000 in August 2019 to its current valuation of $850,000 in August 2022, indicating a growth rate of 70%.
According to the latest market data, the HouGarden AVM estimates the property's value at $842,500, with the most recent sale recorded on October 7, 2024, at $775,000. This provides a clear picture of the property's consistent appreciation.
For families with school-aged children, the property falls within a highly sought-after school zone. Christ the King School, a full primary with a decile rating of 8, is within easy reach. Additionally, the renowned Heaton Normal Intermediate, Villa Maria College, Christchurch Boys' and Girls' High Schools, and several other well-regarded institutions are all part of the local educational network, ensuring access to quality education.
Updated on November 13, 2024