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5 Racecourse Avenue Methven, 7730

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5 Racecourse Avenue , Methven, 7730

770 m²

196 m²

Property Type

Residential

Year Built

2006

Last Sold on 17 Jun 2025 for $735,000

Settlement Date

23 Jul 2025

Sold By

Arizto Ltd, (Licensed: Reaa 2008)

Settlement Date

23 Jul 2025

Sold By

Arizto Ltd, (Licensed: Reaa 2008)

Estimated Value Range

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About 5 Racecourse Avenue, Methven, 7730

5 Racecourse Avenue, Methven, 7730 is a Residential property built in 2006 with 4 bedrooms, 2 bathrooms and 3 parking spaces. The property is estimated to be valued in the range of $750,000 to $800,000.

The property last sold on 17 June 2025 for $735,000. It was sold by Arizto Ltd, (Licensed: Reaa 2008). On 1 July 2024, 5 Racecourse Avenue, Methven, 7730 had a Rating Valuation with a Capital Value of $730,000, Land Value of $205,000 and Improvement Value of $525,000.

Property History

Date	Type	Price	Agent/Agency
25 Jul 2025	Rented	$675
17 Jun 2025	SOLD	$735,000
12 Mar 2025	ASKING PRICE	$755,000
15 Jul 2024	Rented	$320
25 Dec 2021	Rented	$415
24 Mar 2021	Rented	$400
12 Aug 2016	SOLD	$480,500	Rosa Harper of Professionals Methven (Methven Real Estate Ltd MR
1 Nov 2015	ENQUIRIES OVER	$485,000	Rosa Harper of Professionals Methven (Methven Real Estate Ltd MR
1 Jan 1930	SOLD	$0

Present Day

25 Jul

2025

Listed for Rent - Last price at $675 per week

17 Jun

2025

Sold for $735,000

5 months 23 days

12 Mar

2025

Asking Price — $755,000

15 Jul

2024

Listed for Rent - Last price at $320 per week

25 Dec

2021

Listed for Rent - Last price at $415 per week

24 Mar

2021

Listed for Rent - Last price at $400 per week

12 Aug

2016

Sold for $480,500

9 years 3 months 28 days

Sold by Rosa Harper of Professionals Methven (Methven Real Estate Ltd MR

1 Nov

2015

Enquiries Over — $485,000

Listed by Rosa Harper of Professionals Methven (Methven Real Estate Ltd MR

2006

Property Built

1 Jan

1930

Sold for $0

95 years 11 months 9 days

Commute Calculator

Rating Valuation

Capital Value

$730,000

Land Value

$205,000

Improvement Value

$525,000

Legal Description(s)

Lot 1 Deposited Plan 360755

Valuation Date

01-07-2024

Valuation Reference

24391/64310

View Historical Valuations

Additional Information

Roof Construction

Steel/G-Iron

Zone

Residential Zone A, 9A

Units of Use

Wall Construction

Brick

Maori Land

Territorial Authority

Ashburton District

Land Use

Single Unit excluding Bach

Suburb Insights

Comparable Properties

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