3 Caernarvon Street, Waimate, Waimate

Nestled in the tranquility of 3 Caernarvon Street, Waimate, this charming residential dwelling, built in 1940, offers a freehold opportunity on a level plot. The property boasts 2 bedrooms, 1 bathroom, and a single carpark, with a floor area of 61 square meters and a generous land area of 809 square meters. The exterior walls, constructed of roughcast, and the iron roof are both in average condition, adding to the property's timeless appeal.

As for the financials, the capital value has seen a remarkable increase from $160,000 in 2019 to $280,000 in 2022, reflecting a 75% growth. The HouGarden AVM estimates the property's worth at $275,000, while the latest sale history shows a transaction in 2024 for $105,000, a significant leap from the $75,000 sale in 2008.

For families with educational considerations, this property falls within the zones of Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, another secondary institution with a decile rating of 7, ensuring quality education for children from Year 7 through to Year 15.

Updated on August 28, 2024