Located at 16 Springs Road, Hornby, Christchurch, this residential dwelling boasts 3 bedrooms, a floor area of 110 square meters, and sits on a generous land area of 1080 square meters. The property, built in 1954, features wood wall construction and tile roofing, both in average condition. With a level property contour, 2 car parks, and a freehold ownership type, it presents a solid foundation for any potential homeowner or investor.
The property has seen a significant increase in capital value, from $380,000 in August 2019 to $610,000 in August 2022, marking a 60.53% growth. The HouGarden AVM estimates its value at $582,500, while the latest sale in March 2024 was for $575,000. This steady growth in value reflects the property's potential in the current market.
Education is well catered for, with the property falling within the zones of several reputable schools. These include Villa Maria College and Middleton Grange School (Years 11 - 13), both with a decile rating of 9, St Thomas of Canterbury College and Aidanfield Christian School, rated decile 8, and Hagley Community College with a decile 6. The property also lies within the zones for Hornby High School Years 7-8 (decile 3), South Hornby School (decile 4), and Christchurch Adventist School (decile 5), offering a range of educational options for families.
Updated on April 04, 2024.