Nestled in the picturesque Hamilton East, 42 Macfarlane Street presents a charming residential dwelling on a freehold 817sqm section. This 1921-built home boasts 4 bedrooms, a single carpark, and a floor area of 136sqm. The exterior features concrete walls and an iron roof, both in average condition. The property's Capital Value (CV) has seen a remarkable increase from $620,000 in September 2018 to $950,000 in September 2021, reflecting a growth rate of 53.23%. The HouGarden AVM estimates the property's value at $882,500, while the latest sale was recorded in 2003 for $202,500.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. The peaceful cul-de-sac location and proximity to amenities like Hayes Common and MADE add to the allure of the Hamilton East neighborhood, known for its rich heritage and village charm since 1877.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton Boys' High School (Decile 7), Hamilton East School (Decile 4), Berkley Normal Middle School (Decile 8), and Hamilton Girls' High School (Decile 6), ensuring access to quality education.
Updated on May 30, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 3 | 1 | 94m2 | 2024 06 27 | - | Council approved | |
0.08 km | 1 | 1 | 81m2 | 2024 04 11 | $595,000 | Council approved | ||
 | 0.20 km | 3 | 2 | 140m2 | 2024 04 03 | $802,500 | Council approved | |
 | 0.29 km | 2 | 1 | -m2 | 2024 03 25 | $610,000 | Council approved | |
 | 0.03 km | 3 | 1 | -m2 | 2024 03 11 | $688,000 | Council approved |