Nestled at 45 Elizabeth Street, Matamata, this residential dwelling on a freehold title boasts a prime location. Constructed in 1950 with mixed materials for the walls and iron for the roof, this property is in good condition both inside and out. It features a floor area of 154 square meters and is set on a generous 922 square meter section. The home includes a single carpark, an open plan living area with a modern kitchen, and a covered outdoor space accessible through stacker doors. It offers five bedrooms, two bathrooms, and an additional sleepout with its own facilities, ideal for a growing family or visiting guests. The property's capital value as of July 1, 2021, stands at $625,000, reflecting a significant increase from its last sale in 1981 for $68,000. The HouGarden AVM estimates the property's worth at $582,500, hinting at a promising investment opportunity.
History shows a consistent rise in the capital value, with a notable percentage increase that's sure to catch the eye of property investors. The latest sale price and the current AVM suggest a property that's not only well-loved but also one that holds strong potential for further value growth.
For families with children, the property falls within a desirable school zone. Matamata's educational institutions are known for their high decile ratings, ensuring access to quality education. This home is not just a place to live; it's an investment in your family's future.
Updated on May 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 3 | 1 | 155m2 | Year 2024 Month 10 Day 04 | - | Council approved | |
 | 0.16 km | 5 | 2 | 208m2 | Year 2024 Month 09 Day 19 | - | Council approved | |
0.12 km | 3 | 116m2 | Year 2024 Month 07 Day 13 | $410,000 | Council approved | |||
 | 0.16 km | 3 | 1 | 104m2 | Year 2024 Month 07 Day 11 | - | Council approved | |
 | 0.09 km | 3 | 127m2 | Year 2024 Month 06 Day 21 | $598,650 | Council approved |