162 High Street, Waimate, Waimate

Nestled on a serene 506sqm section in the tranquil cul-de-sac of High Street, Waimate, this charming 3-bedroom, 1-bathroom residence boasts a freehold title and a floor area of 123sqm. Constructed in the 1950s with brick walls and an iron roof, both in average condition, this property offers a rural outlook thanks to its boundary with the Solway Showgrounds. The capital value has seen a significant increase, rising from $230,000 in 2019 to $375,000 as of 2022, reflecting a growth rate of 63.04%. The property is equipped with a heat pump and a single carpark, further enhancing its appeal.

With a HouGarden AVM of $357,500 and a latest sale history of $170,000 in 2013, this property presents a sound investment opportunity. The government's valuation history and the increasing capital value indicate a promising trend for potential buyers.

For families with school-aged children, the property falls within the zones of both Craighead Diocesan School, a decile 9 secondary school, and Roncalli College, a decile 7 secondary school. This provides access to quality education options, adding to the property's allure.

Updated on October 29, 2024