Nestled in the serene Somerville, this 1997-built freehold property boasts a charming brick exterior and a robust tile roof. Spanning 162 square meters of floor area and 283 square meters of land, the 4-bedroom, 2-carpark home has been meticulously renovated to embody modern elegance. The capital value has seen a remarkable increase of 37.76% from $980,000 in 2017 to $1,350,000 as of June 2021. The HouGarden AVM estimates the property at $1,179,500, while the latest sales were recorded at $1,090,000 in 2024 and $980,000 in 2018.
With a CV growth that speaks volumes about its investment potential, this property is located in a highly sought-after school zone. Cockle Bay School and Somerville Intermediate School both have a decile rating of 10, while Star of the Sea School and Howick College rate at 9 and 8 respectively. The convenience of the location is further enhanced by its proximity to local amenities and public transport.
Not only does this property offer an enviable lifestyle with its open-plan living and sunlit decking, but it also provides the comfort of a well-appointed master suite and additional off-street parking. It's a perfect blend of stylish living and practical convenience, making it an ideal choice for families or those seeking their first home with potential for flatting arrangements.
Updated on August 14, 2024