Nestled in a serene cul-de-sac at 5/762 Beach Road, Browns Bay, this 1975-built, 62m² residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with durable concrete walls and an iron roof, the property is in average condition and is offered on a Unit Title. The capital value has seen a significant increase from $550,000 in 2017 to $690,000 as of June 2021, reflecting a growth of 25.45%. The property is estimated at $670,000 by HouGarden AVM, with the latest sales recorded at $596,000 in 2020 and $528,000 in 2016.
With a rental appraisal of $680 per week, this property is not only an attractive investment but also ideal for first-time buyers seeking independent living. Enjoying a flat walk to the beach and located in convenient proximity to shops and cafes, it also benefits from a body corp fee of $3,781 per annum. The property falls within the highly sought-after school zones of Browns Bay School, Northcross Intermediate, and Long Bay College, all decile 10.
Featuring solid construction, modern upgrades, and ample natural light, this sun-drenched apartment is perfect for those who value simplicity and convenience. Don't miss the opportunity to make this delightful space your own, in an area that offers easy access to public transport, the motorway, and Albany mall.
Updated on August 06, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 2 | 1 | 0m2 | Year 2024 Month 10 Day 23 | $520,000 | Council approved | |
 | 0.18 km | 4 | 3 | 194m2 | Year 2024 Month 10 Day 22 | $1,430,000 | Council approved | |
0.20 km | 1 | 1 | 38m2 | Year 2024 Month 10 Day 12 | $500,000 | Council approved | ||
 | 0.06 km | 2 | 1 | 56m2 | Year 2024 Month 08 Day 26 | $530,000 | Council approved | |
0.20 km | 3 | 2 | 105m2 | Year 2024 Month 07 Day 13 | $935,000 | Council approved |