Nestled in the serene Fairview Downs, this delightful residence on 7 Radiata Street presents an alluring opportunity. Constructed in 1985 with robust fibrous cement walls and iron roofing, the property stands firm with a good condition exterior and roof. It boasts 3 bedrooms, 1 bathroom, a single carpark, and an expansive 86sqm floor area on a generous 629m2 freehold section. The residence is designed for comfort, with a living room that extends to a charming verandah, perfect for leisurely family moments.
As for investment potential, the property has seen a significant Capital Value increase of 59.14% from $465,000 in 2018 to $740,000 in 2021. The HouGarden AVM estimates the value even higher at $745,000. The latest sale history includes transactions in 2012 for $280,000 and in 2006 for $257,000, showcasing a consistent growth trend. This is a clear indicator of the property's appeal and growth potential.
For families with educational considerations, the property falls within the zones of Fairfield Intermediate and Insoll Avenue School, both known for their respective decile ratings of 5 and 1. This provides a range of educational options for children of different ages. With such a promising location, a strong CV growth history, and a peaceful cul-de-sac setting, this home is not just a dwelling but a wise investment for the future.
Updated on September 06, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 2 | 1 | 83m2 | 2024 11 06 | $614,001 | Council approved | |
 | 0.14 km | 2 | 1 | 84m2 | 2024 09 16 | $621,000 | Council approved | |
 | 0.13 km | 3 | 1 | 90m2 | 2024 08 26 | $707,000 | Council approved | |
 | 0.14 km | 4 | 1 | 113m2 | 2024 07 30 | $621,000 | Council approved | |
 | 0.05 km | 3 | 103m2 | 2024 07 23 | $742,500 | Council approved |