1 Ratcliffe Street, Matamata, Matamata

Nestled at 1 Ratcliffe Street, Matamata, this charming residential dwelling is set on a level contour with a land area of 786 square meters. Constructed in 1952 with brick walls and an iron roof, the property boasts 3 bedrooms, a single carpark, and a floor area of 120 square meters. The freehold title ensures full ownership rights. The freshly painted interiors, polished floors, and updated bathroom and kitchen make this home ready to move in without any additional work. The average condition of both the walls and roof contribute to the easy living this property promises.

Since 2018, the capital value has seen a significant increase of 46.5%, reaching $630,000 as of July 2021. The HouGarden AVM estimates the property at $612,500, while the latest sale history shows transactions at $188,000 in 2011 and $265,000 in 2007. This growth trajectory highlights the investment potential of the property.

For families with children, the property falls within the Matamata Primary School zone, a contributing school with a decile rating of 6. The convenient location allows for a quick walk to town and supermarkets, making it an ideal choice for both rental investors and first-home buyers.

Updated on August 02, 2024