234 Wai-Iti Road, Highfield, Timaru

This charming residence located at 234 Wai-Iti Road, Highfield, Timaru, offers a unique blend of comfort and potential. Constructed in 1944, the property features two spacious bedrooms, a sunroom, and an updated bathroom. The house is built with brick walls and a tile roof, both in average condition, ensuring durability and ease of maintenance. The freehold property spans a generous land area of 814 square meters with a level contour, complemented by a floor area of 105 square meters. It includes one carpark, providing ample space for vehicle storage. The property's appeal is further enhanced by its proximity to quality schools and amenities, making it an ideal family home.

The property has seen a significant increase in capital value, rising from $335,000 in September 2020 to $425,000 in September 2023, marking a 26.87% growth. This increase is a testament to the property's growing appeal in the market. The latest sale on January 23, 2024, was at $445,000, up from $265,000 on August 19, 2016, reflecting the property's solid investment potential. The HouGarden AVM estimates the property's value at $407,500, indicating a stable market perception.

Education is a priority for families, and this property does not disappoint. It is zoned for several quality schools including St Joseph's School (Timaru) and Highfield School, both full primary schools with a decile rating of 7. For older students, Mountainview High School and Roncalli College offer secondary education with decile ratings of 6 and 7, respectively. Craighead Diocesan School, a secondary school for years 7-15, boasts a high decile rating of 9, highlighting the excellent educational opportunities available.

Updated on April 05, 2024.