Nestled at 22 Leinster Road, Merivale, Christchurch, this residential ownership home unit boasts 5 bedrooms and 2 car parks. Constructed in 1991 with brick walls and an iron roof, both in good condition, this cross-lease property sits on a level contour. The floor area spans 190 square meters, making it a spacious and comfortable living space. The property's capital value has seen a rapid increase, rising from $780,000 in August 2019 to the current $1,130,000, indicating a growth rate of 44.87%.
As for the property's valuation, the HouGarden AVM estimates it at $1,102,500, with the latest sale recorded on July 29, 2024, at $1,050,000. These figures reflect a strong market presence and investment potential.
In terms of education, the property falls within a highly sought-after school zone. It is close to Burnside High School (Decile 8), Christ the King School (Decile 8), St Patrick's School (Decile 10), Heaton Normal Intermediate (Decile 9), Villa Maria College (Decile 9), Christchurch Boys' High School (Decile 10), Elmwood Normal School (Decile 10), Christchurch Girls' High School (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8), providing a range of educational options for families.
Updated on August 07, 2024