Back 161 Ilam Rd
Off Market

161 Ilam Rd

Ilam Canterbury

4
2
2
809 m²
House
Corina GreyCorina Grey, last sold this property on 05 April 2026 after 26 days on market.

Overview

With the updated Christchurch District Plan changes to zoning so close to our University, there is a bright future for this prime location! The bonus here for developers or investors is the solid brick bungalow with very responsible tenants in place on a one-year lease until November 2026. Currently returning $850 per week with massive opportunity to improve on this return, investors will be impressed with this great renter! The house is sunny and warm and North and West facing, there is a double garage and extra off-street parking for multiple vehicles. With an 18m wide street frontage, strategically placed with a right of way to the north (you won't be built out) and even has on street parking, a rarity in this location now. However, most will concede this is all about the land. TC1 land, this is a good-sized section suitable for future University accommodation or townhouse development, and we expect good interest from builders and developers. Our serious sellers have owned this as an investment pro

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
809 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Ilam over the last 12 months, the estimated median property value of 161 Ilam Rd is $1.11m.

Median value
$1.11m
Estimated value range
$1 - $2.63m
Median days on market
23
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ilam. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 161 Ilam Rd

2026
Sold
Undisclosed
05 Apr 2026 by Corina Grey, of Harcourts Holmwood Real Estate Ltd Ilam

Happy sellers in Ilam

89%
89% of sellers in Ilam reported that their sale price either exceeded or met their price expectations.

Ilam stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 68 reviews in Ilam over the last 12 months.

Local market activity for 4 bedroom houses in Ilam

In the last 12 months, 40 four-bedroom houses similar to 161 Ilam Rd, have been sold.

This represents a 60% decrease in four-bedroom houses sales when compared to the previous 12 months.

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