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1/18 May Street, Hamilton East, Hamilton, 3 Bedrooms, 0 Bathrooms, Townhouse

Sold: $639,000

Sold on 2024 Year 2024 Month 10 Day 06

1/18 May Street, Hamilton East, Hamilton

3
107m2

Nestled in the serene cul-de-sac of 1/18 May Street, Hamilton East, this 107sqm residential unit boasts 3 bedrooms, each with an ensuite bathroom, and a single carpark. Constructed with a robust mix of materials and an iron roof, this unit title property is only a year old, with walls and roof in good condition. The property's capital value as of September 2021 stands at $775,000, reflecting a strong growth potential. The recent sale on October 6, 2024, was at $639,000, while the HouGarden AVM estimates it at $770,000, indicating a healthy investment opportunity.

With a CV increase that speaks volumes about its investment viability, this property is strategically located near the University and the developing Inland Port. The government's valuation history and the property's peachy contour make it a level-headed investment choice. The property's rental potential is enhanced by its close proximity to amenities and a high-demand rental market, ensuring a smart investment with a nice yield.

For families with school-going children, the property falls within the catchment area of Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton Boys' High School (Decile 7), Knighton Normal School (Decile 5), and Hamilton Girls' High School (Decile 6), offering a range of educational options.

Updated on November 20, 2024

Council Data

Last update : 2025 01 22
Improvement value$515,000
Land value$260,000
CV(Year 2021 Month 09)$775,000
View typeNo appreciable view
ContourLevel
Floor area107m²
Decade of construction2023
Title1080763
Type of titleUnit Title
Legal descriptionUNT 1 DP 580404
CouncilHamilton
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 1 DEPOSITED PLAN 580404
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Knighton Normal School
1.08 km
Primary
1-6
Government
Co-Educational
EQI: 474
5
Peachgrove Intermediate
1.24 km
Secondary
7-8
Government
Co-Educational
EQI: 488
5
Hamilton Boys' High School
1.57 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 429
7
Marian Catholic School (Hamilton)
1.75 km
Primary
1-8
Government
Co-Educational
EQI: 400
7
Hamilton Girls' High School
3.16 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 462
6

Property history

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Unitary plan:-
Land:-
Title:Unit Title

May Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1/165 Knighton Road, Hillcrest
0.15 km
3
1
79m2
Year 2024 Month 11 Day 08
$640,000
Council approved
192 Old Farm Road, Hamilton East
0.16 km
3
1
114m2
Year 2024 Month 10 Day 22
$694,000
Council approved
3/165 Knighton Road, Hillcrest
0.15 km
3
1
82m2
Year 2024 Month 08 Day 16
$617,000
Council approved
1/29 May Street, Hamilton East
0.03 km
4
2
136m2
Year 2024 Month 08 Day 13
$610,000
Council approved
6/18 May Street, Hamilton East
0.03 km
3
3
108m2
Year 2024 Month 08 Day 05
$607,500
Council approved

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