4 Porter Street, Netherby, Ashburton

Nestled on a generous 999sqm section at 4 Porter Street, Netherby, Ashburton, this beautifully renovated red brick home boasts a freehold title and a charming street appeal. The residence, built in 1950, features 3 bedrooms, 2 carparks, and a spacious floor area of 160sqm. The exterior walls are constructed with brick, while the roof is tiled, both in average condition. The property's capital value has seen a rapid increase, rising from $425,000 in 2021 to $530,000 as of 2024, indicating a growth rate of 24.71%.

With a HouGarden AVM of $525,000 and recent sales history showing a transaction of $585,000 in 2024 and $520,000 in 2022, the property holds significant investment potential. The latest renovations include a new roof and modern updates, blending comfort with timeless charm, and making it an ideal choice for families, empty nesters, and first-home buyers.

For families with children, the property falls within the catchment area of several reputable schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively, along with St Joseph's School (Ashburton) and Ashburton Intermediate, rated 8 and 6. The local school, Ashburton Netherby School, has a decile rating of 3, offering additional options for education.

Updated on November 20, 2024