34 David Street, Morrinsville, Matamata

Located at 34 David Street, Morrinsville, Matamata, this timeless residential dwelling stands as a testament to classic architecture and modern living. With its brick walls and tile roof, the property spans a generous floor area of 215m2 and sits on a steeply rising land area of 1110m2. Built in 1955, the house boasts 5 bedrooms and ample parking space for 4 vehicles, all under the freehold ownership type. Despite its age, the condition of the walls and roof remains average, promising a sturdy and reliable home.

The property has seen a remarkable increase in capital value, from $680,000 in July 2018 to $1,000,000 in July 2021, marking a 47.06% growth. The HouGarden AVM estimates its value at $985,000, closely following its latest sale at $978,000 in September 2021. This growth trajectory underscores the property's desirability and the potential for further appreciation. Previous sales history also includes a transaction at $473,000 in November 2015, highlighting a consistent upward trend in value.

Situated in a prime location, this home falls within the zone for several reputable schools, ensuring quality education for residents. Morrinsville College, a secondary school, and Morrinsville Intermediate School are both accessible, each with a decile rating of 6 and 5, respectively. David Street School, also within the zone, shares a decile rating of 6, making this property an ideal choice for families prioritizing education. The blend of a serene residential setting and proximity to educational institutions makes this home a perfect family haven.

Updated on March 21, 2024.