Nestled in the tranquility of 23 Raranga Street, Marshland, Christchurch, this 2016-built residential dwelling boasts a freehold title on a levelled contour. The 160sqm floor area is complemented by 3 bedrooms, 2 carparks, and is designed with mixed materials for the walls and tiled roofing, both in good condition. The property's capital value has seen a significant increase from $580,000 in 2019 to $840,000 as of 2022, reflecting a growth rate of 44.83%.
With a HouGarden AVM of $770,000 and recent sales history showing an increase from $548,000 in 2015 to $799,500 in 2024, this property presents a sound investment. The government's capital value assessment has been on an upward trend, indicating a promising future for the property's worth.
For families with school-aged children, the property falls within the catchment area of several well-regarded institutions. Middleton Grange School (Years 11-13) and Marshland School (Full Primary) both have a decile rating of 9, while Emmanuel Christian School is rated 8. Other nearby schools include Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, catering to various educational needs and levels.
Updated on December 04, 2024