Nestled in the esteemed Chartwell neighborhood of Hamilton, this charming 2-bedroom, 1-bathroom residence with a single carpark offers a delightful opportunity for first-time homeowners or those looking to downsize. Constructed in 1970 with a brick exterior and tile roofing, this cross-lease property sits on a level contour with an average wall and roof condition. The approximately 90m2 floor area boasts an open-plan living space that opens up to a north-facing patio via French doors, exuding a warm and inviting atmosphere. With a capital value of $755,000 as of September 2021, the property has seen a remarkable increase of 65.93% since September 2018. The HouGarden AVM estimates the property at $735,000, while the latest sales history shows a significant leap from $95,000 in 1991 to $123,000 in 1995.
From an investment perspective, the current market is said to be the best for first home buyers in a decade, making this property an attractive prospect with immediate possession available. The property is located in a quiet cul-de-sac, enhancing its appeal with a good street presence, well-fenced boundaries, and convenient off-street parking. Adding to its allure, the property falls within the decile 5 school zones of both Woodstock School and Fairfield Intermediate, ensuring quality education options for families.
With potential investors poised to re-enter the market, now is the time for action. This property presents a golden opportunity to secure a home in a prime location before prices and competition intensify. Don't miss out on this chance to start your property journey in style.
Updated on August 07, 2024