Welcome to a charming property nestled in the heart of Silverdale, a prime location that boasts a 3-bedroom, freehold dwelling on a sprawling 400m2 section. Constructed in 1960 with wood walls and an iron roof, this home offers a solid foundation for renovation enthusiasts. The capital value has seen a significant increase from $450,000 in 2018 to $680,000 in 2021, reflecting a growth of 51.11%. The property is well-positioned in a highly sought-after school zone, including Hillcrest High School, Berkley Normal Middle School, and Peachgrove Intermediate, all within a decile range of 4 to 8. The HouGarden AVM estimates the property's value at $650,000, while the latest sale history shows a sale price of $506,500 in 2024 and $229,000 in 2009. This is not just a home; it's an investment opportunity waiting to be seized in one of Hamilton's most desirable neighborhoods.
With a promising potential for modernization, this property invites those looking for their next renovation project. The residence, with its weatherboard exterior and wooden flooring, is a blank canvas for your transformation. Whether you aim to modernize the interior or extend the living spaces, the possibilities are endless. The location further enhances its appeal, with easy access to parks, shopping, and recreational facilities, complemented by convenient public transport and highway links. As an investment, this property promises excellent returns, with rental appraisals indicating potential weekly earnings of $550-580.
Education takes center stage in this neighborhood, with top-rated schools within walking distance. The school network includes highly esteemed institutions such as Marian Catholic School and Silverdale Normal School, ensuring quality education for all ages. This property is not just a home; it's a strategic investment in a family's future. Don't miss your chance to secure this hidden gem in Silverdale's most coveted school zone.
Updated on April 17, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.30 km | 3 | 1 | 100m2 | Year 2024 Month 10 Day 22 | $710,000 | Council approved | |
 | 0.30 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 29 | $620,000 | Council approved | |
 | 0.28 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 19 | $800,000 | Council approved | |
 | 0.09 km | 3 | 1 | 95m2 | Year 2024 Month 09 Day 12 | $740,000 | Council approved | |
 | 0.28 km | 4 | 120m2 | Year 2024 Month 09 Day 06 | $800,000 | Council approved |