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35 Banks Road, Matamata, Matamata, 4 Bedrooms, 1 Bathrooms, House

Sold: $1,050,000

Sold on 2024 Year 2024 Month 06 Day 12

35 Banks Road, Matamata, Matamata

4
1
243m2
839m2

Nestled at 35 Banks Road, Matamata, this nearly new 4-bedroom, 1-bathroom residence with 2 car parks is a paradigm of modern tranquility. Constructed in 2019 with a mix of materials for the walls, and iron for the roof, this freehold property sits on a level 839sqm of land, boasting a floor area of 243sqm. The capital value has seen a 31% increase from $780,000 in 2018 to $1,020,000 in 2021, reflecting a sound investment. The HouGarden AVM estimates the property at $995,000, while the latest sales were recorded at $1,050,000 in 2024 and $1,230,000 in 2021. The serene home, with its ducted air conditioning and spacious kitchen complete with a scullery, offers a comfortable and functional living environment. It is complemented by Matamata Primary School’s contributing status and a decile rating of 6, ensuring quality education within the zone.

With a CV increase that outpaces the norm, this property presents a compelling case for investors and families alike. The home's design facilitates easy interaction and entertainment, with two living areas and seamless indoor-outdoor flow onto the patio or deck. It's a place where one can enjoy the privacy and security of a fully fenced yard, cultivate homegrown vegetables, and relish in the convenience of a double garage with internal access, all bathed in the abundance of natural light.

Part of a desirable school zone, this residence is not just a home; it's an investment in a lifestyle that combines the best of contemporary living with the peace and tranquility of a country setting.

Updated on August 01, 2024

Council Data

Last update : 2024 12 25
Improvement value$625,000Increased by 22% from year 2018
Land value$395,000Increased by 46% from year 2018
CV(Year 2021 Month 07)$1,020,000Increased by 30% from year 2018
View typeNo appreciable view
ContourLevel
Land area839m²
Floor area243m²
Decade of construction2019
Title855277
Type of titleFreehold
Legal descriptionLOT 4 DP 528727
CouncilMatamata
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 528727,839m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Matamata Primary School
1.70 km
Primary
1-6
Government
Co-Educational
EQI: 444
6

Property history

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For developers

Unitary plan:-
Land:839m²
Title:Freehold

Surrounding facilities

Banks Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
223 Firth Street, Matamata
0.57 km
3
143m2
Year 2024 Month 10 Day 16
$585,000
Council approved
20 Richardson Road, Matamata
0.23 km
4
217m2
Year 2024 Month 09 Day 20
$993,000
Council approved
25 Richardson Road, Matamata
0.42 km
3
2
151m2
Year 2024 Month 09 Day 12
$785,000
Council approved
8 Kelso Place, Matamata
0.26 km
4
226m2
Year 2024 Month 08 Day 11
$990,000
Council approved
3 Rangitihi Street, Matamata
0.52 km
4
153m2
Year 2024 Month 07 Day 02
$770,000
Council approved

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