Back 5 Gracefield Avenue
Off Market

5 Gracefield Avenue

Christchurch Central Canterbury

3
1
1
110 m²
Townhouse
Last sold for $590,000
Caleb GriffioenCaleb Griffioen, last sold this property on 27 November 2024 after 35 days on market.

Overview

Affordable Entry to the Central City

Deadline Treaty closes Wednesday 27th November at 3.00pm (unless sold prior) Download reports and sale particulars at www.bit.ly/5GRAC Schedule a viewing at www.bit.ly/CGVIEW Right in the heart of central Christchurch, this three-bedroom townhouse is a rare opportunity for first-home buyers or savvy investors looking for that perfect entry-level option. Imagine living just a short walk from Hagley Park, The Terrace’s buzzing bars and restaurants, and everything the central city has to offer—including the casino and Town Hall. The location alone is a lifestyle upgrade. Constructed in the 1990s with solid tilt slab design, this home offers the peace of mind that comes with durability. With sunlight streaming in from the east and west, the natural warmth flows through the open-plan spaces. A heat pump keeps things comfortable year-round, and the internal access garage means you won’t have to worry about parking or braving the weather when you come home. Plus, no body corporate fees means less hassle and more flexibility for you. The townhouse is tidy and move-in ready, but there’s plenty of scope to add your personal style and make it truly yours. First-home buyers will love the chance to get a foot on the property ladder in such a prime location, while investors will see the potential for strong returns in this sought-after part of town. Whether you’re looking for your first home or an investment with promise, this townhouse is a smart move. Don’t let it pass you by—make time to view and see the possibilities.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
110 m² floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Christchurch Central over the last 12 months, the estimated median property value of 5 Gracefield Avenue is $849k.

Median value
$849k
Estimated value range
$170k - $2.75m
Median days on market
33
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Christchurch Central. 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 5 Gracefield Avenue

2024
Sold
$590,000
Private Sale/Treaty on 27 Nov 2024 by Caleb Griffioen, of Griffioen

Happy sellers in Christchurch Central

67%
67% of sellers in Christchurch Central reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 80 reviews in Christchurch Central over the last 12 months.

Local market activity for 3 bedroom townhouses in Christchurch Central

In the last 12 months, 30 three-bedroom townhouses similar to 5 Gracefield Avenue, have been sold.

This represents a 17% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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