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1148 Rakaia Highway Dromore, 7772


1148 Rakaia Highway , Dromore, 7772
bed3
bathroom1
car1
land20.2 ha
floor124 m2
Property Type
Lifestyle
Year Built
1925
Last Sold on 16 Jan 2025 for $925,000
Settlement Date
12 Feb 2025
Sold By
Property Brokers Limited
Settlement Date
12 Feb 2025
Sold By
Property Brokers Limited

Estimated Value Range  

Low Confidence
  

Low
High
confidence marker image
$1.10M
$1.20M

About 1148 Rakaia Highway, Dromore, Ashburton, 7772

1148 Rakaia Highway, Dromore, Ashburton, 7772 is a Lifestyle property built in 1925 with 3 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $1,100,000 to $1,200,000.

The property last sold on 16 January 2025 for $925,000. It was sold by Property Brokers Limited. On 1 July 2024, 1148 Rakaia Highway, Dromore, Ashburton, 7772 had a Rating Valuation with a Capital Value of $1,005,000, Land Value of $740,000 and Improvement Value of $265,000.

Property History

DateTypePriceAgent/Agency
16 Jan 2025SOLD$925,000
26 Oct 2024ASKING PRICEPrice Not DisclosedGreg Jopson of Property Brokers Ashburton, (Licensed: Reaa 2008)
13 Dec 1997SOLD$190,000
8 Jul 1989SOLD$50,000
20 Feb 1987SOLD$40,000
28 May 1981SOLD$47,000
1 Jan 1930SOLD$0
Present Day
16 Jan
2025
Sold for $925,000
6 months 20 days
26 Oct
2024
Asking Price — Price Not Disclosed
Listed by Greg Jopson of Property Brokers Ashburton, (Licensed: Reaa 2008)
13 Dec
1997
Sold for $190,000
27 years 7 months 23 days
8 Jul
1989
Sold for $50,000
36 years 28 days
20 Feb
1987
Sold for $40,000
38 years 5 months 16 days
28 May
1981
Sold for $47,000
44 years 2 months 8 days
1 Jan
1930
Sold for $0
95 years 7 months 4 days
1925
Property Built

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Rating Valuation

Capital Value
$1,005,000
Land Value
$740,000
Improvement Value
$265,000
Legal Description(s)

Section 6 Reserve 264

Valuation Date
01-07-2024
Valuation Reference
24430/2402

Additional Information

Roof Construction
Steel/G-Iron
Zone
Rural Industry Zone B, 1B
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Ashburton District
Land Use
Single Unit - Lifestyle

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.