Nestled in the prime location of Hillcrest, Hamilton, this charming 1960-built residence on 47 Morris Road boasts a freehold title. The 130sqm floor area is complemented by 4 bedrooms, 2 carparks, and is maintained with good condition wood walls and iron roofing. The property, sitting on a level 492sqm section, presents a perfect opportunity for first-home buyers or as a lucrative rental investment.
With a CV of $690,000 as of September 2021, it has shown a remarkable growth of 50% since September 2018. The HouGarden AVM estimates the property value at $660,000, while the latest sale history records a transaction at $590,000 in 2024, up from $455,000 in 2018, indicating a steady increase in capital value.
Educationally, the property falls within the zones of highly regarded schools such as Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hillcrest High School (Decile 7), Silverdale Normal School (Decile 4), Berkley Normal Middle School (Decile 8), and Hillcrest Normal School (Decile 8), ensuring a quality education for the family.
Updated on October 23, 2024