54 Raleigh Street, Leamington, Waipa

Nestled in the serene Leamington on a large quarter acre section at 54 Raleigh Street, this freehold property boasts 3 bedrooms, 2 carparks, and a spacious floor area of 210 square meters. Constructed in 1995 with solid brick walls and tiled roofing, the dwelling maintains a good condition both inside and out. The capital value has seen a significant increase, rising from $790,000 in August 2019 to the current $1,080,000, reflecting a growth rate of 36.71%. The property is complemented by a beautifully landscaped garden and a tranquil pond, with a covered outdoor patio perfect for alfresco dining.

With a HouGarden AVM of $1,005,000, the latest sales history includes transactions at $770,000 in September 2018 and $701,000 in July 2017. This indicates a consistent appreciation in value. The government's capital value assessment provides a reliable indicator of the property's worth, which is further enhanced by its location within a sought-after school zone.

Education facilities in the area are outstanding, with Cambridge High School and Cambridge Middle School both decile 9 institutions, and Leamington School rated a decile 7. This makes the property an ideal choice for families with school-aged children, providing access to some of the best educational resources in the region.

Updated on May 09, 2024