45 Elizabeth Street, Matamata, Matamata

Nestled at 45 Elizabeth Street, Matamata, this residential dwelling on a freehold title boasts a prime location. Constructed in 1950 with mixed materials for the walls and iron for the roof, this property is in good condition both inside and out. It features a floor area of 154 square meters and is set on a generous 922 square meter section. The home includes a single carpark, an open plan living area with a modern kitchen, and a covered outdoor space accessible through stacker doors. It offers five bedrooms, two bathrooms, and an additional sleepout with its own facilities, ideal for a growing family or visiting guests. The property's capital value as of July 1, 2021, stands at $625,000, reflecting a significant increase from its last sale in 1981 for $68,000. The HouGarden AVM estimates the property's worth at $582,500, hinting at a promising investment opportunity.

History shows a consistent rise in the capital value, with a notable percentage increase that's sure to catch the eye of property investors. The latest sale price and the current AVM suggest a property that's not only well-loved but also one that holds strong potential for further value growth.

For families with children, the property falls within a desirable school zone. Matamata's educational institutions are known for their high decile ratings, ensuring access to quality education. This home is not just a place to live; it's an investment in your family's future.

Updated on May 10, 2024