5 Gibson Street, Seaview, Timaru

Located at 5 Gibson Street, Seaview, Timaru, this charming residential dwelling boasts three bedrooms, one bathroom, and a single carpark, covering a floor area of 97 square meters on a generous 521 square meter freehold section. Constructed in 1927 with brick walls and an iron roof, both in average condition, this property offers a level contour and features an open plan living area. The interior has been refreshed with new carpet in the main areas and a new log fire, enhancing the cozy ambiance. The sunny aspect of the home complements the lovely backyard BBQ area, adorned with fruit trees, and a large garage, making it an ideal setting for family gatherings.

The property has seen a significant increase in capital value, from $330,000 in September 2020 to $410,000 in September 2023, marking a 24.24% growth. The latest sale on November 2, 2023, confirmed the property's value at $410,000, up from $240,000 in September 2014. The HouGarden AVM estimates the property's value at $402,500, indicating a stable market perception.

Education is well catered for, with the property falling within the zones of several reputable schools. St Joseph's School (Timaru) and Roncalli College, both with a decile rating of 7, offer quality primary and secondary education, respectively. Craighead Diocesan School, a secondary school for years 7-15, boasts a higher decile rating of 9, reflecting its excellent educational standards. Waimataitai School and Timaru South School, with decile ratings of 6 and 2 respectively, provide additional primary education options, ensuring a variety of choices for families.