18 Pearsons Avenue, Claudelands, Hamilton

This classic 1950s home located at 18 Pearsons Avenue, Claudelands, Hamilton, is a gem in a highly desirable location. The property boasts 3 bedrooms, a spacious open-plan living area leading to a rear deck perfect for entertaining, and ample parking with a double garage. Constructed with wood walls and tile roofing, the house sits on a level 456 sqm freehold section with a floor area of 135 sqm. Despite its age, the property's roof is in good condition, while the walls are average, reflecting its character and potential for enhancement.

Over recent years, the property has seen significant capital value growth, from $540,000 in September 2018 to $840,000 in September 2021, marking a 55.56% increase. This growth is supported by a HouGarden AVM estimate of $830,000. The property's sale history includes transactions in November 2018 for $575,000 and October 1996 for $171,000, indicating a steady appreciation in value. This home, currently tenanted to a lovely tenant who is happy to stay, presents a ready-made investment opportunity or an ideal choice for first-time buyers or families seeking a home in a prime location.

Located in a school zone that includes Peachgrove Intermediate (decile 5), Marian Catholic School (Hamilton) (decile 7), Hamilton Boys' High School (decile 7), Hamilton East School (decile 4), and Hamilton Girls' High School (decile 6), this property is perfectly positioned for families prioritizing education. Its proximity to the CBD, Globox Claudelands Events Centre, Claudelands Park, and excellent transport links further enhances its appeal.

Updated on March 21, 2024.