Nestled in the serene cul-de-sac of Thomson Avenue, this freehold property, built in 1971, boasts a capital value that has seen a growth of 52.83% since 2018. The 200sqm floor area is complemented by 5 bedrooms, 3 carparks, and a well-maintained iron roof and fibrous cement walls. With a land area of 657sqm, this dwelling offers a generous living space that includes an open plan kitchen, dining nook, and a north-facing living area that opens onto an elevated deck – perfect for entertaining. A family bathroom, an office, and a self-contained living area with its own access present additional versatility. The property's latest sale history dates back to 1999 at $175,000, with a current HouGarden AVM of $805,000, reflecting a sound investment opportunity in a sought-after location.
Government valuations show a significant increase from $530,000 in September 2018 to the current $810,000 as of September 2021. This rapid capital value growth, combined with the property's prime location, makes it an attractive prospect for equity creation.
Education is a key highlight, with the property being in the zone for Fraser High School (Decile 4), Aberdeen School (Decile 5), Maeroa Intermediate (Decile 3), and Frankton School (Decile 3). This ensures access to quality education for families with children of all ages.
Updated on November 28, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 170m2 | Year 2024 Month 10 Day 15 | $780,000 | Council approved | ||
 | 0.11 km | 3 | 1 | 120m2 | Year 2024 Month 08 Day 26 | $810,000 | Council approved | |
 | 0.17 km | 4 | 2 | 121m2 | Year 2024 Month 08 Day 22 | $650,000 | Council approved | |
0.13 km | 2 | 1 | 79m2 | Year 2024 Month 07 Day 29 | $607,500 | Council approved | ||
 | 0.34 km | 3 | 1 | 130m2 | Year 2024 Month 07 Day 11 | $761,849 | Council approved |