15b Paterson Street, Frankton, Hamilton City

Nestled in the serene environment of 15b Paterson Street, Frankton, Hamilton, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a practical floor area of 100 square meters. Constructed in 2007 with a solid brick exterior and an iron roof, the property is in a good condition both in walls and roof. It sits on a level contour and holds a Unit Title. The absence of car parks adds to the tranquility of this home in a quiet cul-de-sac.

Since September 2018, the Capital Value (CV) has seen a significant increase of 50%, jumping from $360,000 to the current $540,000. The HouGarden AVM estimates the property at $530,000, while the latest sale records from 2024 and 2021 indicate a consistent appreciation, with sales prices of $505,000 and $470,000 respectively.

For families with school-aged children, the property falls within the zones of Hamilton's Fraser High School, a secondary school with a decile rating of 4, and Frankton School, a contributing school with a decile rating of 3, ensuring quality education options.

Updated on August 14, 2024