38 Stuart Road, Ranfurly, Otago

Located at 38 Stuart Road, Ranfurly, Otago, this residential dwelling is a testament to comfortable living, featuring 3 bedrooms, a spacious floor area of 146sqm, and a generous land area of 738sqm. The property boasts a freehold ownership type, ensuring complete control over the land. Constructed in 1973 with concrete walls and an iron roof, both in average condition, this home is built to last. The level property contour adds to the ease of living, making it an ideal choice for families or retirees seeking a serene lifestyle. The single garage, complemented by additional storage sheds, provides ample space for vehicles and hobbies alike.

The property has seen a remarkable capital value increase of 56.86% from $255,000 in September 2019 to $400,000 in October 2022, reflecting its growing appeal and investment potential. The HouGarden AVM estimates its value at $382,500. Historical sales data reveals a steady appreciation in value, with sales recorded at $178,850 in June 2006 and $185,000 in August 2011. This upward trend underscores the property's solid market performance and potential for future growth.

Education is a cornerstone of the Ranfurly community, and this property is ideally positioned to take advantage of it. While specific school zones and decile ratings are not provided, the area is known for its quality educational institutions, catering to families looking for a supportive and enriching learning environment for their children.

Updated on April 05, 2024.