37 Richmond Street, Cambridge, Waipa

This beautifully placed home at 37 Richmond Street, Cambridge, Waipa, is sure to attract attention, nestled in a serene setting just a short stroll to primary and secondary schools and the local dairy. The property boasts 3 spacious bedrooms, a large light-filled living room, a combined kitchen & dining area, and a central bathroom to service the home. With a floor area of 102 sqm and sitting on a generous 697 sqm freehold land, this residence, built in 1974, features fibrous cement walls in good condition and a tiled roof also in good condition. The level contour of the property adds to its appeal, making it a perfect family home.

Over the years, the capital value of this property has seen a significant increase, from $520,000 in August 2019 to $730,000 in August 2022, marking a 40.38% growth. The latest sale in January 2024 was at $690,000, slightly below the HouGarden AVM of $700,000 but still showing a substantial increase from the $340,000 sale in October 2014. This trend underscores the property's solid investment potential and its appeal in the market.

The property is zoned for some of the best schools in the area, including Cambridge High School and Cambridge Middle School, both with a decile rating of 9, and Cambridge East School and Goodwood School, each boasting a perfect decile rating of 10. This makes it an ideal choice for families looking for quality education options.

Updated on April 05, 2024.