Nestled in the serene Matangi, this 5-bedroom, freehold property on 112 Matangi Road boasts a 312sqm floor area and is set on a sprawling 5000sqm of level land. Constructed in 2010 with mixed materials for the walls and iron for the roof, the house is in a good condition both inside and out. The property, valued at $1,870,000 according to the latest government CV, has seen no increase in the past year. Its HouGarden AVM is $1,710,000, and the latest sale was for $1,660,000 in 2024, a significant jump from the $285,000 sale in 2012.
With a CV increase of 0.0% and a quiet, private setting, this home is perfect for families, especially with its close proximity to top-rated schools. Matangi School is a contributing school with a decile of 10, while Marian Catholic School, Hillcrest High School, Berkley Normal Middle School, and Hillcrest Normal School all offer excellent education opportunities. The property's location in a prime school zone adds significant value to this already impressive residence.
Not only is this property an investor's dream with its stable capital value and potential for growth, but it's also a family's haven, located in a peaceful cul-de-sac and surrounded by highly esteemed educational institutions. The combination of modern luxury, expansive living spaces, and a sought-after location makes this property a rare find indeed.
Updated on December 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 1.07 km | 2 | 120m2 | Year 2024 Month 10 Day 24 | $935,000 | Council approved | ||
 | 0.71 km | 6 | 402m2 | Year 2024 Month 10 Day 22 | $2,625,000 | Council approved | ||
 | 1.00 km | 3 | 169m2 | Year 2024 Month 08 Day 17 | $970,000 | Council approved | ||
 | 0.99 km | 3 | 1 | 82m2 | Year 2024 Month 06 Day 24 | $600,000 | Council approved | |
 | 1.02 km | 4 | 2 | 145m2 | Year 2024 Month 06 Day 18 | $720,000 | Council approved |