Nestled in the esteemed Hamilton East, this charming 2-bedroom, 1-bathroom residence on 141 Cobham Drive is a rare freehold opportunity. Constructed in 1940 with wood walls and tiled roofing, this home sits on a level 422sqm section with an average wall and roof condition. It boasts a floor area of 77sqm, a single carpark, and a heat pump for year-round comfort. The property has seen a significant Capital Value increase of 47.5% from $400,000 in 2018 to $590,000 in 2021. The latest sale was recorded at $590,000 in 2021, and the HouGarden AVM estimates it at $562,500.
For families, the property is in a highly sought-after school zone, including Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton East School (Decile 4), and Hillcrest High School (Decile 7), among others. The master bedroom features a walk-in robe, and the second bedroom overlooks the entertainment deck and fenced yard, perfect for outdoor relaxation or gatherings. The renovated kitchen adds a modern touch to this cozy home, which is not only close to local amenities like MADE and Duck Island but also to the picturesque Hamilton Gardens.
With such a promising CV growth and being in a prime school zone, this property presents an attractive investment for first home buyers or those seeking a sound rental opportunity in a desirable location.
Updated on May 02, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Knighton Normal School | 1.18 km | Primary | 1-6 | Government | Co-Educational | EQI: 474 | 5 | |
Marian Catholic School (Hamilton) | 1.47 km | Primary | 1-8 | Government | Co-Educational | EQI: 400 | 7 | |
Hillcrest Normal School | 1.57 km | Primary | 1-6 | Government | Co-Educational | EQI: 401 | 8 | |
Peachgrove Intermediate | 2.00 km | Secondary | 7-8 | Government | Co-Educational | EQI: 488 | 5 | |
Hamilton East School | 2.00 km | Primary | 1-6 | Government | Co-Educational | EQI: 463 | 4 | |
Berkley Normal Middle School | 2.12 km | Combined | 7-10 | Government | Co-Educational | EQI: 423 | 8 | |
Hillcrest High School | 2.24 km | Secondary | 9-15 | Government | Co-Educational | EQI: 448 | 7 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 2 | 1 | -m2 | Year 2024 Month 03 Day 27 | $760,000 | Council approved | |
0.11 km | 3 | 106m2 | Year 2024 Month 02 Day 01 | $695,324 | Council approved | |||
 | 0.17 km | 2 | 1 | -m2 | Year 2024 Month 01 Day 23 | $580,000 | Council approved | |
 | 0.08 km | 184m2 | Year 2023 Month 12 Day 14 | $821,000 | Council approved | |||
0.25 km | 3 | 1 | 93m2 | Year 2023 Month 12 Day 13 | $720,000 | Council approved |