Nestled in the serene environment of 3 Archford Street, Matamata, this contemporary 204m2 freehold residence is a perfect blend of modern luxury and practical design. Constructed in 2020 with quality brick walls and an iron roof, both in good condition, the home boasts 4 bedrooms, 2 carparks, and a floor area that invites comfort and exudes elegance. The dual living spaces, open plan living, and a user-friendly kitchen equipped with dual ovens and a large walk-in pantry, cater to both family interaction and privacy. The master bedroom is complemented by an ensuite and walk-in wardrobe, while the main family bathroom features a deep bath, shower, and vanity. The property is double glazed, ensuring year-round comfort. With a CV of $840,000 as of July 2021, the property has shown a remarkable increase of 35.48% from its 2018 CV of $620,000. The HouGarden AVM estimates the property at $770,000, and the latest sale in 2019 was for $250,000, indicating a significant appreciation in value. The section, with its level contour, offers potential for outdoor gardens or activities and overlooks a large grassed area, ensuring privacy.
From a valuation perspective, this property has seen a rapid growth in its capital value, making it an attractive investment. The recent history of sales and the AVM reflect a strong market confidence in the area.
For families with children, the school zone is a significant advantage. Matamata is known for its high-quality educational institutions, and this property falls within a highly sought-after decile rating, ensuring access to some of the best schools in the region.
Updated on December 09, 2024