5 Richmond Street, Cambridge, Waipa

Nestled in the serene environment of 5 Richmond Street, Cambridge, Waipa, this freehold property built in 1970 boasts 3 bedrooms, 1 bathroom, and 3 car parks. Constructed with a mix of materials for the walls and iron for the roof, this dwelling sits on a levelled 756m2 land area and has a floor space of 138m2. The well-maintained home features an updated kitchen with a bamboo benchtop, gas hob burners, and modern appliances, complemented by an open plan living area with a wood burner and a heat pump for year-round comfort.

With a capital value of $1,055,000 as of August 2022, the property has shown a remarkable CV increase of 57.46% since August 2019. The HouGarden AVM estimates the property's value at $1,010,000, while the latest sale history dates back to 2013 at $341,500. This is a clear indicator of the property's growing value and potential as an investment.

For families with children, the property falls within the catchment area of top-rated schools. Cambridge East School and Goodwood School, both with a decile rating of 10, are nearby options for primary education. For secondary education, Cambridge High School and Cambridge Middle School, both with a decile rating of 9, provide excellent educational opportunities.

Updated on April 12, 2024