Nestled in the heart of Enderley, Hamilton, the property at 12 Masefield Drive is a quintessential example of mid-20th century architecture, boasting a sturdy brick exterior with an iron roof. This freehold residential dwelling, built around 1960, features 3 bedrooms, 2 car parks, and spans a floor area of 111 square meters on a generous 700 square meter level section. The condition of both the wall and roof is rated as average, reflecting the property's age and the care it has received over the years.
Over the past few years, 12 Masefield Drive has seen a remarkable increase in capital value, growing from $380,000 in September 2018 to $620,000 in September 2021, marking a 63.16% increase. This growth is underscored by a recent sale in January 2024, where the property fetched $560,000, slightly below the HouGarden AVM of $607,500. The property's capital value trajectory and recent sale price highlight its desirability and the potential for further appreciation.
The property falls within the school zones of Fairfield Intermediate and Insoll Avenue School, with decile ratings of 5 and 1, respectively. These schools cater to intermediate and contributing levels, offering educational opportunities within a close-knit community. The strategic location and school zoning add to the property's appeal for families and investors alike.
Updated on March 21, 2024.