4/50 Banbury Crescent, Fairfield, Hamilton

Nestled in the serene Fairfield neighborhood of Hamilton, at 4/50 Banbury Crescent, lies a modern 141m2 residence, built in 2017, on a freehold section. This 3-bedroom, 2-bathroom home with a single internal access garage is a perfect blend of contemporary design and comfortable living. The exterior boasts wood walls and an iron roof, both in good condition, while the interior enjoys double glazing and full insulation, ensuring a healthy living environment. The property has seen a significant Capital Value increase of 54.10% from $610,000 in 2018 to $940,000 in 2021, reflecting its growing appeal. The latest sale was recorded in 2017 for $580,000, with the current HouGarden AVM estimating the property's worth at $857,500.

With a CV increase that outpaces the market average, this property is not just a home but a sound investment. Its location in a quiet cul-de-sac complements the easy-care lifestyle, with proximity to the city, river walks, and cycleways. The property falls within the decile 5 school zones of both Woodstock School and Fairfield Intermediate, ensuring quality education for the family. The spacious deck and private outdoor living area, complete with a portico, offer year-round entertainment options, while the master bedroom's outdoor flow and river outlook create a serene escape.

For families with school-aged children, the property's school network is a significant plus. Woodstock School, a contributing primary, and Fairfield Intermediate are both decile 5 institutions, providing a solid foundation for learning. This unique property, currently tenanted with great tenants at $600pw, is a must-inspect for those seeking modern living with investment potential in a prime location.

Updated on December 13, 2024