Nestled in the heart of Browns Bay, this delightful 2-bedroom unit exudes charm and convenience. Constructed in 1974 with concrete walls and tiled roof, it offers an average condition throughout. The property, with a floor area of 53 square meters, is set on a level contour and holds a Cross-Lease title. The second-floor corner unit is bathed in sunlight, with the living area opening to a balcony perfect for a morning coffee. It's an ideal setup for a walk-through kitchen and dining area, catering to first-home buyers, downsizers, and investors.
Since 2014, the property has seen a significant increase in value, with a Capital Value (CV) growth of 25.93%. As of June 2021, the CV stands at $680,000, while the HouGarden AVM estimates it at $632,500. Notably, the latest sale history includes transactions at $480,000 in 2015 and $382,000 in 2014, highlighting the property's consistent appreciation.
For families with school-aged children, the property falls within the decile 10 school zones of Long Bay College, Northcross Intermediate, and Browns Bay School. These institutions offer exceptional education opportunities, making this property an even more attractive prospect.
Updated on May 30, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 2 | 1 | 63m2 | Year 2024 Month 09 Day 02 | - | Council approved | |
 | 0.10 km | 2 | 1 | 59m2 | Year 2024 Month 08 Day 13 | - | Council approved | |
0.10 km | 2 | 1 | 59m2 | Year 2024 Month 08 Day 03 | $685,000 | Council approved | ||
 | 0.05 km | 2 | 1 | 0m2 | Year 2024 Month 08 Day 01 | $559,999 | Council approved | |
 | 0.08 km | 2 | 1 | 80m2 | Year 2024 Month 06 Day 25 | - | Council approved |