Nestled in a serene cul-de-sac at 1144b Heaphy Terrace, Fairfield, Hamilton, this 1970-built residential unit offers a charming lifestyle on a cross-lease title. The brick exterior and tiled roof present an average condition, enclosing a floor area of 70 square meters. It comprises 2 bedrooms, 1 bathroom, and a single carport, ideal for a small family or couple. The property's capital value has seen a remarkable increase from $310,000 in 2018 to $520,000 as of 2021, reflecting a growth rate of 67.74%. The HouGarden AVM estimates the property's worth at $485,000, while the latest sale in 2011 was for $170,000. The living space features a heat pump and an abundance of natural light, with views of the wrap-around section. This home is perfect for those seeking value addition opportunities.
As for the government valuations, the property has shown a steady rise in worth. The latest capital value increase underscores the investment potential. The property's latest sale history and AVM provide a realistic market perspective. This combination of historical data and current estimates makes it an attractive prospect for investors and homeowners alike.
Educationally, the property falls within the zones of Woodstock School, Fairfield Intermediate, and Fairfield Primary School, all with a decile rating of 5 or 1. This makes it an excellent choice for families with children, ensuring access to quality education. Whether you're a first-time buyer or a seasoned investor, this property presents a golden opportunity to enter a desirable school zone while adding value to your real estate portfolio.
Updated on May 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 3 | 2 | 130m2 | Year 2024 Month 12 Day 13 | $772,000 | Council approved | |
 | 0.10 km | 3 | 1 | 98m2 | Year 2024 Month 11 Day 13 | $672,000 | Council approved | |
 | 0.32 km | 4 | 143m2 | Year 2024 Month 09 Day 17 | $710,000 | Council approved | ||
 | 0.13 km | 3 | 2 | 142m2 | Year 2024 Month 08 Day 27 | $730,000 | Council approved | |
 | 0.10 km | 3 | 1 | -m2 | Year 2024 Month 07 Day 24 | $655,000 | Council approved |