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Nestled in the heart of Hamilton, this 2-bedroom apartment with 1 bathroom and a single carpark is a gem in the residential apartment category. Constructed in 2006 with concrete walls and an iron roof, both in good condition, this unit title property boasts a level contour and a floor area of 78 square meters. The property has seen a significant Capital Value (CV) increase of 47.73% from $440,000 in 2018 to $650,000 as of September 2021. The HouGarden AVM mirrors this figure, indicating a stable growth trend. The latest sale was recorded in 2015 for $363,900, highlighting the property's appreciating value. The apartment features granite benchtops, lift access, keycard security, and a compact deck, making it suitable for both investment and corporate use.
From a valuation perspective, the property's CV growth is commendable, offering a promising investment return. The recent AVM and historical sale data reflect a consistent capital appreciation in the property market, making this apartment a wise investment choice in the central city.
For families with school-aged children, the property falls within the zones of several reputable schools, including Marian Catholic School and Hamilton Boys' High School, both with a decile rating of 7. Other schools in the area include Whitiora School, Hamilton Girls' High School, and Hamilton West School, catering to various educational needs and levels.
Updated on September 17, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.44 km | 2 | 1 | -m2 | Year 2025 Month 01 Day 30 | $520,500 | Council approved | |
 | 0.29 km | 3 | 2 | -m2 | Year 2025 Month 01 Day 22 | $980,000 | Council approved | |
 | 0.31 km | 1 | 1 | 46m2 | Year 2024 Month 12 Day 24 | - | Council approved | |
 | 0.00 km | 2 | 1 | -m2 | Year 2024 Month 10 Day 14 | $610,000 | Council approved | |
 | 0.00 km | 2 | 1 | 79m2 | Year 2024 Month 09 Day 30 | $610,000 | Council approved |