This beautifully presented three-bedroom home at 1a Goodwin Avenue, Morrinsville, Matamata, offers an exceptional living experience. With a floor area of 113 sqm and sitting on a 512 sqm freehold land, this property is perfect for professionals, young families, downsizers, and investors alike. The house, built in 1970, features fibrous cement walls and an iron roof, both in average condition. The level contour of the property adds to its appeal, making it a dream starter for anyone looking for a comfortable and inviting home.
From a financial perspective, the property has shown impressive growth. The capital value has increased from $325,000 in July 2018 to $550,000 in July 2021, marking a 69.23% increase. The latest HouGarden AVM estimates the property's value at $530,000, while the most recent sale in January 2024 fetched $625,000, up from $285,000 in September 2016. This trajectory indicates a solid investment with a promising future.
The property is zoned for Morrinsville College (Secondary, decile 6), David Street School (Contributing, decile 6), and Morrinsville Intermediate School (Intermediate, decile 5), providing excellent educational options for families. Situated in a rural community just a 30-minute drive to Hamilton, it combines the tranquility of country living with the convenience of city access.
Updated on April 06, 2024.