13a Magnolia Drive, Matamata, Matamata

An opportunity awaits you to seize this modern standalone front townhouse at 13a Magnolia Drive, Matamata. Built in 2007, this property features three bedrooms, a spacious floor area of 173sqm, and sits on a 515sqm freehold land. The exterior boasts concrete walls in good condition and an iron roof, also in good condition. The level property contour enhances its appeal, making it a perfect blend of comfort and style.

From its initial government valuation (CV) of $615,000 in July 2018, the property has seen a significant increase in value, reaching $820,000 by July 2021, marking a 33.33% growth. The latest sale on January 23, 2024, was at $835,000, reflecting its desirability and the market's recognition of its value. The HouGarden AVM estimates its value at $785,000, showcasing consistent growth and investment potential.

Located within the zone for Matamata Primary School, which has a decile rating of 6, this property promises a conducive environment for family living. The school's contributing status ensures a quality education for your children, making this home an ideal choice for families looking for both comfort and a promising educational foundation.

Updated on April 06, 2024.