394 River Road, Fairfield, Hamilton

Located at 394 River Road, Fairfield, Hamilton, this residential dwelling presents a fantastic opportunity for a starter home nestled along the tranquil River Road. Boasting an elevated position, it offers a low maintenance, lock-up-and-leave lifestyle with an effortless commute in and out of the city. The home features three bedrooms, a bright and inviting kitchen with a dishwasher, a combined living and dining area with a heat pump that extends to a front patio amidst leafy surroundings. The property is built with brick walls and tile roofing, indicating good condition and durability. The floor area is 170 square meters, and it operates under a Cross-Lease ownership type.

The capital value of the property has seen a significant increase from $500,000 in September 2018 to $790,000 in September 2021, marking a 58% growth. The latest sale recorded was on February 13, 2024, for $715,000, slightly below the HouGarden AVM of $755,000. This growth trajectory underscores the property's investment potential and its appeal in the current market.

The property is zoned for Woodstock School (decile 5), Fairfield Intermediate (decile 5), and Whitiora School (decile 3), offering a range of educational options for families. Each school is recognized for contributing to the community, providing intermediate education, and offering full primary education, respectively.

Updated on April 05, 2024.