111 Smithfield Road, Elgin, Ashburton

Nestled at 111 Smithfield Road, Elgin, Ashburton, this Lifestyle - Improved property is a 2-bedroom haven that stands on a sprawling 5,873sqm of level land. Constructed in 2017 with wood exterior walls and an iron roof, both in good condition, this freehold property exudes warmth and modernity. The 104sqm floor area is a testament to the comfortable living space, further enhanced by the absence of a carpark, ensuring a quiet and serene environment in this cul-de-sac.

With a capital value that has seen a remarkable increase of 17.39% from $460,000 in 2018 to $540,000 in 2021, and a HouGarden AVM of $520,000, the property's latest sale history is particularly impressive, jumping from $200,000 in 2012 to $850,000 in 2024, showcasing a sound investment opportunity.

For families with school-aged children, the property falls within the zone of several esteemed institutions. The nearby Villa Maria College and Craighead Diocesan School, both with a decile rating of 9, offer secondary education. Additionally, St Thomas of Canterbury College, St Joseph's School, and Ashburton Intermediate are among the other well-regarded schools in the area, catering to various educational levels.

Updated on April 10, 2024