3 Terence Street, Fairview Downs, Hamilton City

Located at 3 Terence Street, Fairview Downs, Hamilton, this residential dwelling is a perfect blend of comfort and convenience. Built in 1970, the property features three bedrooms, one bathroom, and a single carpark, spread across a floor area of 111m2 and sitting on a generous 627m2 freehold land. The construction boasts concrete walls in average condition and an iron roof, also in average condition. The level contour of the property adds to its appeal, making it an ideal choice for families or investors. Notably, the home is equipped with double-glazed windows and a heat pump, ensuring a comfortable living environment year-round. Additionally, there's a single garage with an attached outside room, offering versatile space for a variety of uses.

The property has seen a significant increase in capital value, from $500,000 in September 2018 to $790,000 in September 2021, marking a 58% growth. The latest HouGarden AVM estimates the property's value at $755,000. Historical sales data reveals a steady appreciation in value, with sales recorded at $373,000 in October 2015 and $485,000 in October 2017. This trend underscores the property's solid investment potential.

School zoning is another highlight, with the property falling within the zones for Fairfield Intermediate and Peachgrove Intermediate, both rated decile 5, and Insoll Avenue School, rated decile 1. These educational institutions offer quality learning environments for students, making the property an excellent choice for families prioritizing education.

Updated on April 04, 2024.