42a Jellicoe Street, Oceanview, Timaru

Nestled at 42a Jellicoe Street in the serene Oceanview, Timaru, this residential dwelling boasts a freehold title on a land area of 776 square meters. Constructed in 2023 with mixed materials for the walls and iron for the roof, this property presents a modern and sturdy structure, both in good condition. It features 3 bedrooms, a single car park, and a floor area of 116 square meters. The property sits on an easy to moderate fall contour, ensuring a pleasant and functional layout.

As for the financials, the capital value has seen a remarkable increase of 26% from $500,000 in September 2020 to the current $630,000 in September 2023. The HouGarden AVM estimates the property at $602,500, while the latest sale history shows transactions at $575,000 in February 2024 and $185,000 in May 2021, reflecting a steady growth in value.

Educationally, the property falls within the zones of several reputable schools. St Joseph's School (Timaru) is a full primary with a decile rating of 7. Mountainview High School caters to secondary students with a decile rating of 6. Grantlea Downs School is another full primary with a decile rating of 5. For secondary education, both Craighead Diocesan School (decile 9) and Roncalli College (decile 7) are options, providing a range of choices for families.

Updated on April 10, 2024