Leeston, Selwyn District, Canterbury

 

Nestled in an idyllic setting, Karumata Oaks beckons you to experience the charm of rural living within arm's reach of essential conveniences. This hidden gem is situated just a short distance from the heart of Leeston, a quaint rural township in the Selwyn District, a mere 30 kilometres southwest of Christchurch.

Convenience takes centre stage at Karumata Oaks, where the Leeston township is only a stone's throw away, ensuring that everyday amenities are easily accessible. Enjoy the perfect blend of rural tranquillity and urban convenience with the nearby towns of Lincoln and Rolleston at your fingertips. A 40-minute commute will take you to the bustling Christchurch City Centre.

Families will appreciate the proximity to educational institutions, with Ellesmere College strategically positioned close to the development. For the community's younger members, Leeston Primary is conveniently nearby, providing educational options that cater to a range of ages.

Karumata Oaks offers not just a home but a lifestyle, the perfect opportunity to embrace the simplicity of rural living without sacrificing the conveniences of modern life. Discover the ideal harmony of community, comfort, and countryside charm at Karumata Oaks in Leeston.

Available packages

Lot 64 Karumata Oaks: $699,900*

  • 3 Bedrooms, 2 Bathrooms, Double Garage

  • Floor Plan 153 sqm

  • Section 496 sqm

  • Expected completion: TBC

*Progress Payment Price, Turn-key available.


Lot 25 Karumata Oaks: $735,000*

  • 4 Bedrooms, 2 Bathrooms, Double Garage

  • Floor Plan 164 sqm

  • Section 558 sqm

  • Expected completion: TBC

*Progress Payment Price, Turn-key available.


Lot 26 Karumata Oaks: $738,000*

  • 4 Bedrooms, 2 Bathrooms, Double Garage

  • Floor Plan 167 sqm

  • Section 539 sqm

  • Expected completion: TBC

*Progress Payment Price, Turn-key available.

 

Investment Overview

Embrace the investment potential of Leeston, a town rapidly evolving from its rural roots into a thriving community in Canterbury, just a 40-minute drive from Christchurch. Since the seismic events in 2011, the entire Canterbury region has undergone a remarkable transformation, marked by substantial infrastructure development, increased GDP growth, and the emergence of new roads, schools, and amenities, significantly enhancing its overall allure.

Leeston's strategic proximity to Christchurch, the largest city in the South Island, positions it as a hub for employment opportunities. This economic stability, coupled with housing prices that remain more affordable than those in central locations, establishes an ideal environment for potential house price appreciation. Investors and owner-occupiers alike are drawn to the area, intensifying the demand for property.

Just a short drive from Rolleston, a thriving urban centre with many amenities, Leeston benefits from its proximity. As Rolleston expands and experiences price increases, the surrounding rural areas of the Selwyn district are gaining popularity, making Leeston an increasingly attractive investment destination.

For those considering an investment in Leeston, the current market reflects house prices for 3-4 bedroom homes. This affordability, coupled with expected rental yields hovering around the 4.8% mark, presents an enticing prospect for investors seeking a balance between potential capital appreciation and steady rental income.

In summary, Leeston, Selwyn, and Canterbury stand as promising investment opportunities driven by economic stability, strategic location, and ongoing infrastructure development. Whether you are a seasoned investor or looking to enter the property market, Leeston's growth trajectory positions it as a lucrative destination for those seeking returns and long-term appreciation. Seize the opportunity to be part of Leeston's evolving story.


Investment Overview

Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold

Investment Type

Dwelling: House & Land Growth: High Yield: Moderate Pros: High Growth / Standalone Home

Suburb Performance

Median sale price 10 years: +60% Median sale price 20 years: +274% Capital growth 10 years: 4.83% Capital growth 20 years: 6.82%