40 Corfe Street, Ilam, Christchurch

Nestled in the serene Ilam neighborhood, 40 Corfe Street presents a charming residential dwelling, built in 1982 with enduring brick walls and a robust tile roof. This freehold property boasts 3 bedrooms, 2 carparks, and a sprawling 210 square meters of floor area on a levelled 700 square meter section. The well-maintained walls and roof showcase the property's good condition, making it an attractive investment opportunity.

With a government valuation (CV) of $840,000 as of August 2022, the property has shown a remarkable increase of 35.48% from its 2019 CV of $620,000. The HouGarden AVM estimates the property's worth at $770,000, while the latest sale in November 2024 fetched an impressive $875,000. Such figures reflect a strong capital value growth and a promising real estate market for this quiet cul-de-sac street.

For families with school-aged children, the property falls within the catchment area of several esteemed educational institutions. Avonhead School and St Patrick's School (Bryndwr) are both full primary schools with deciles of 7 and 10 respectively. Additionally, secondary options include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Riccarton High School (decile 6), Middleton Grange School (Years 11-13, decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6), providing a diverse range of educational opportunities.

Updated on December 11, 2024