1/59 Ranui Avenue, Waimataitai, Timaru

Nestled in a serene cul-de-sac at 1/59 Ranui Avenue, Waimataitai, Timaru, this freehold property boasts a comfortable floor area of 72 square meters on a sprawling 419 square meter section. Constructed in 1974 with average concrete walls and an iron roof, this residential unit offers 2 bedrooms, 1 bathroom, and a single carpark. The property's capital value has seen a decrease of 48.76% from $605,000 in September 2020 to $310,000 in September 2023, according to the latest government valuation. However, the HouGarden AVM estimates the property's worth at $745,000, and recent sales history shows a transaction of $315,000 on July 26, 2024, and $615,000 on July 30, 2020.

For families with school-aged children, the property falls within the catchment area of several well-regarded institutions. St Joseph's School (Timaru) is a full primary school with a decile rating of 7, while Mountainview High School and Roncalli College cater to secondary students with decile ratings of 6 and 7, respectively. Additionally, Craighead Diocesan School, a secondary school with a decile rating of 9, and Waimataitai School, a full primary with a decile rating of 6, are also in close proximity.

Updated on September 04, 2024