Nestled in the heart of Albany, at 48/92 Bush Road, lies this inviting residential unit, perfect for living or investment. This sunny, single-level unit boasts 2 bedrooms, 1 bathroom, and a carpark, with a floor area of approximately 71m2. Constructed in 1980, the property features a mix of materials for the walls, iron roofing, and is in a good condition both inside and out. It sits on a level contour and is under the Unit Title ownership. The property has seen a significant Capital Value (CV) increase of 12.9% from $620,000 in 2017 to the current $700,000 as of June 2021. The HouGarden AVM estimates the property value at $670,000, making it an attractive opportunity with potential rental returns of over $35,000 per annum.
With a history of only one owner, this well-loved home has been meticulously maintained and is ready for its next astute buyer. The Grange complex, known for its pool and tennis court, adds to the appeal. The property is close to cafes, shops, and transport links, and is within the zone of highly-rated schools such as Albany Senior High School (decile 10), Albany School (decile 9), Albany Junior High School (decile 10), and Murrays Bay Intermediate (decile 10). Whether you're a first-time buyer, looking to downsize, or an investor, this lock-up and leave lifestyle is waiting for you in the vibrant community of Albany.
Living here means being part of an excellent school network. Albany Senior High School, a secondary school for years 11-15, and Albany Junior High School, catering to years 7-10, both hold a decile rating of 10. Albany School, a contributing primary, is rated at a decile 9, and Murrays Bay Intermediate at a decile 10. This unit is not just a home; it's an investment in a quality education zone.
Updated on May 01, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $671,000 | -1.7% | 19 |
2022 | $682,500 | -9.3% | 18 |
2021 | $752,500 | 17.6% | 68 |
2020 | $640,000 | 9.4% | 46 |
2019 | $585,000 | -2.5% | 37 |
2018 | $600,000 | 0.8% | 60 |
2017 | $595,000 | 24.7% | 63 |
2016 | $477,000 | 9.7% | 46 |
2015 | $435,000 | 11.7% | 66 |
2014 | $389,500 | - | 46 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.00 km | 2 | 1 | 80m2 | Year 2024 Month 05 Day 16 | $666,000 | Council approved | |
 | 0.24 km | 3 | 2 | 0m2 | Year 2024 Month 05 Day 15 | $1,735,000 | Council approved | |
 | 0.14 km | 2 | 1 | 0m2 | Year 2024 Month 05 Day 06 | $660,000 | Council approved | |
 | 0.20 km | 3 | 2 | 0m2 | Year 2024 Month 02 Day 01 | $1,500,000 | Council approved | |
 | 0.29 km | 3 | 2 | 0m2 | Year 2023 Month 12 Day 01 | $1,062,000 | Council approved |