Located at 52 Morris Road, Hillcrest, Hamilton, this residential dwelling boasts 4 bedrooms, 1 bathroom, and spans a floor area of 95m² on a 437m² freehold section. Constructed in 1960 with wood walls and an iron roof, both in average condition, the property sits on a level contour. It's a tidy home with a wonderful outlook and access to the expansive Jansen Park, offering privacy and seclusion. Despite lacking carpark facilities, its location and the easy-care section make it highly desirable.
From a financial perspective, the property has seen significant growth, with its capital value increasing by 51.11% from $450,000 in September 2018 to $680,000 in September 2021. The latest HouGarden AVM estimates its value at $650,000, closely aligning with its most recent sale price of $645,000 in December 2023. This demonstrates a consistent and promising capital value appreciation, making it an attractive investment. The property's history also includes a sale for $178,000 back in September 2003, highlighting its long-term value increase.
The property is zoned for several reputable schools, including Hillcrest High School and Berkley Normal Middle School, both with a decile rating of 8. It's also within the zones for Peachgrove Intermediate (decile 5), Marian Catholic School (Hamilton) (decile 7), Silverdale Normal School (decile 4), and Hillcrest Normal School (decile 8). This makes it an ideal location for families seeking quality education for their children at all schooling levels.
Updated on April 06, 2024.