2/42 Princes Street, Netherby, Ashburton

Nestled in the tranquility of a quiet cul-de-sac at 2/42 Princes Street, Netherby, Ashburton, this residential ownership home unit boasts 4 bedrooms and a single carpark. Constructed in 1979 with stone walls and an iron roof, both in good condition, the property sits on a level contour. It has a floor area of 140 square meters and is under a Cross-Lease ownership type.

As per the property's valuation history, the Capital Value (CV) has seen a steady increase, reaching $420,000 as of July 1, 2024, up from $415,000 a year prior, indicating a growth rate of 1.20%. HouGarden AVM estimates the property's value at $417,500. Notably, the latest sale was recorded on October 2, 2024, at $515,000, a significant jump from the previous sale in 2012 at $287,000.

For families with school-aged children, the property falls within the zone of several reputable schools. These include Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8) for secondary education, and St Joseph's School (Decile 8) for full primary education, among others.

Updated on November 13, 2024