55 Parkstone Avenue, Ilam, Christchurch

Located at 55 Parkstone Avenue, Ilam, Christchurch, this residential dwelling offers a spacious and versatile living environment. Built in 1990, the property features six bedrooms, two car parks, and a generous floor area of 286 square meters on a freehold land area of 817 square meters. The exterior is constructed with brick walls and a tiled roof, both in good condition, and the property is situated on level contour land.

The capital value of this property has seen a significant increase from $700,000 in August 2019 to $950,000 in August 2022, reflecting a growth rate of approximately 35.71%. The HouGarden AVM estimates the property's value at $912,500. The property was last sold on June 4, 2019, for $500,000. As an investment, it is projected to earn between $1,250 and $1,450 per week in rental income, with a potential minimum of $1,200 per week based on $200 per bedroom.

Situated in a prime location, the property falls within the zones of several reputable schools. Avonhead School, a full primary school with a decile rating of 7, and St Patrick's School (Bryndwr), with a decile rating of 10, are nearby. Secondary education options include Villa Maria College and St Thomas of Canterbury College, with decile ratings of 9 and 8, respectively. Riccarton High School and Hagley Community College, both with a decile rating of 6, are also in the vicinity. Additionally, Middleton Grange School (Years 11 - 13) and Christchurch Adventist School offer composite education with decile ratings of 9 and 5, respectively.

Updated on September 25, 2025