52 Tranmere Road, Fairfield, Hamilton

Nestled in the serene Fairfield neighborhood of Hamilton, 52 Tranmere Road presents a charming freehold property, built in 1970 with fibrous cement walls and an iron roof. This well-maintained, entry-level home boasts two comfortable bedrooms, a single bathroom, and a carpark, spread across a floor area of 90 square meters on a level plot of 449 square meters. The property has seen a remarkable Capital Value increase of 60.49% from $405,000 in 2018 to $650,000 as of September 2021. The HouGarden AVM estimates the property's worth at $632,500, while the latest sales history shows a progression from $111,200 in 2003 to $200,000 in 2012.

For families with children, the property falls within the zones of Woodstock School, a contributing primary with a decile rating of 5, and Fairfield Intermediate, also rated a decile 5. The sunny lounge overlooks the street, and the kitchen, equipped with new appliances, adjoins a dining area that leads to a sheltered patio and deck. The expansive backyard is ideal for gardening or children's play, and the property offers off-street parking for three cars, plus a sizeable garage for storage.

With regular maintenance by the current owner, this property is a perfect starter home or investment opportunity. Its location in a sought-after school zone and the potential for further CV growth make it an attractive prospect for first-home buyers and investors alike.

Updated on August 05, 2024