Nestled in the serene and family-oriented cul-de-sac of Valdese Rise, Browns Bay, this impressive two-story freehold brick property is set on a sun-kissed section of approximately 680m². Constructed in 1975, the residence boasts 5 bedrooms, 1 bathroom, 2 car parks, and a floor area of 180m². The property features a solid brick exterior, a tiled roof in good condition, and a well-maintained wall. The capital value has seen a significant increase from $1,160,000 in 2017 to $1,425,000 as of 2021, reflecting a growth of 22.84%. The latest sale was recorded at $1,400,000 in 2024, while the HouGarden AVM estimates the property's worth at $1,430,000.
With a CV increase that outpaces the market average, this property presents a compelling investment opportunity. It is zoned for highly regarded schools, including Long Bay College (Decile 10), Sherwood School (Decile 10), and Northcross Intermediate (Decile 10), making it an ideal choice for families with educational priorities. The convenient location offers easy access to public transport, shopping centers, and the vibrant Browns Bay Beach, providing a perfect blend of community living and urban convenience.
Whether you seek a comfortable family home or a sound investment, this property on Valdese Rise is a golden opportunity that should not be missed.
Updated on September 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 4 | 1 | 130m2 | Year 2024 Month 12 Day 13 | - | Council approved | |
 | 0.15 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 08 | $803,000 | Council approved | |
 | 0.13 km | 3 | 2 | 0m2 | Year 2024 Month 11 Day 04 | $1,451,000 | Council approved | |
 | 0.08 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 20 | - | Council approved | |
 | 0.19 km | 4 | 2 | -m2 | Year 2024 Month 08 Day 01 | $1,380,000 | Council approved |