Nestled at 45 Elizabeth Street, Matamata, this residential dwelling on a freehold title boasts a prime location. Constructed in 1950 with mixed materials for the walls and iron for the roof, this property is in good condition both inside and out. It features a floor area of 154 square meters and is set on a generous 922 square meter section. The home includes a single carpark, an open plan living area with a modern kitchen, and a covered outdoor space accessible through stacker doors. It offers five bedrooms, two bathrooms, and an additional sleepout with its own facilities, ideal for a growing family or visiting guests. The property's capital value as of July 1, 2021, stands at $625,000, reflecting a significant increase from its last sale in 1981 for $68,000. The HouGarden AVM estimates the property's worth at $582,500, hinting at a promising investment opportunity.
History shows a consistent rise in the capital value, with a notable percentage increase that's sure to catch the eye of property investors. The latest sale price and the current AVM suggest a property that's not only well-loved but also one that holds strong potential for further value growth.
For families with children, the property falls within a desirable school zone. Matamata's educational institutions are known for their high decile ratings, ensuring access to quality education. This home is not just a place to live; it's an investment in your family's future.
Updated on May 10, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 3 | 1 | 141m2 | 2024 05 13 | $632,000 | Council approved | |
 | 0.23 km | 5 | 2 | 154m2 | 2024 05 10 | $700,000 | Council approved | |
 | 0.15 km | 3 | 2 | 183m2 | 2024 05 02 | $765,000 | Council approved | |
 | 0.23 km | 3 | 1 | 100m2 | 2024 03 22 | $585,000 | Council approved | |
0.22 km | 3 | 0m2 | 2024 01 22 | $500,000 | Council approved |