28 Banks Road, Matamata, Matamata

Located at 28 Banks Road, Matamata, this Freehold property boasts a substantial floor area of 309 square meters on a generous land area of 1212 square meters. Constructed in 1990 with fibrous cement walls and an iron roof, both in good condition, this Residential - Dwelling category home features six bedrooms, an unspecified number of bathrooms, and no car parking facilities. The level property contour, combined with its spacious interiors, offers a comfortable living environment.

Over the years, the capital value of this property has seen a significant increase, from $700,000 on July 1, 2018, to $930,000 on July 1, 2021, marking a 32.86% growth. The HouGarden AVM estimates its value at $892,500. The latest sale on January 26, 2024, recorded a price of $950,000, up from $815,000 on October 18, 2020. This demonstrates a strong and steady appreciation in the property's market value.

For families prioritizing education, the property falls within the zone of Matamata Primary School, a Contributing school with a decile rating of 6. This location ensures access to quality education, making it an ideal choice for families with school-age children.

Updated on April 05, 2024.