Nestled in the desirable Hamilton East suburb, this 3-bedroom, 1-bathroom residence with a single carpark on a freehold title, presents an inviting opportunity. Constructed in 2006 with iron roofing and wooden exterior walls in good condition, the property sits on a 86sqm floor area within a 497sqm section. The home boasts an open-plan living space, well-sized bedrooms, and is equipped with a heat pump for year-round comfort. The property's Capital Value (CV) has seen a significant increase from $445,000 in 2018 to $710,000 as of September 2021, reflecting a growth rate of 59.55%. The HouGarden AVM estimates the property's value at $650,000, while the latest sale history shows a marked progression from $44,000 in 2001 to $208,000 in 2006.
For families with school-aged children, the property falls within a highly regarded school zone. Notable institutions include Peachgrove Intermediate with a decile rating of 5, Marian Catholic School and Hamilton Boys' High School, both at decile 7, and Hamilton East School at decile 4, among others. This combination of location, property value growth, and access to quality education makes it an attractive prospect for both residents and investors.
Set back from the main road in a quiet cul-de-sac, the property offers a serene environment with a fenced yard, perfect for children and pets. The outdoor oasis features wrap-around decking and patio areas for entertainment. Conveniently located near amenities, parks, and public transport, this property is not only a comfortable home but also a wise investment.
Updated on December 03, 2024