9 Tralee Place, Hillcrest, Hamilton

Welcome to 9 Tralee Place, Hillcrest, Hamilton, a charming residential dwelling that boasts three spacious double bedrooms, a sleek modern bathroom, and a single carpark. This property, with a floor area of 110 square meters, is constructed with fibrous cement walls and an iron roof, both in average condition, reflecting its 1960s era build. The level property contour and Cross-Lease ownership type add to its appeal, making it an ideal choice for those seeking a blend of comfort and convenience.

Since its last sale in 2012 for $205,000, the property has seen a significant increase in capital value, reaching $590,000 by September 2021 from $380,000 in September 2018, marking a 55.26% growth. This rapid appreciation, coupled with a HouGarden AVM estimation of $577,500, highlights the property's investment potential. The historical capital value growth and recent sales data underscore the property's desirability in the Hamilton real estate market.

Located within a prime school zone, this property offers access to several reputable educational institutions, including Peachgrove Intermediate (decile 5), Marian Catholic School (Hamilton) (decile 7), Hamilton Boys' High School (decile 7), Knighton Normal School (decile 5), and Hamilton Girls' High School (decile 6). Its proximity to the prestigious University of Waikato further enhances its appeal, making it a coveted location for families and investors alike.

Updated on March 22, 2024.