Positioned in the serene cul-de-sac of Graham Road, this charming 3-bedroom, 1-bathroom residence on a freehold title offers an inviting opportunity for both developers and investors. Constructed in the 1950s with iron roofing and plastic exterior walls, this property sits on a level 670sqm section with a floor area of 131sqm. The capital value has seen a significant increase from $570,000 in 2017 to $900,000 as of June 2021, reflecting a growth rate of 57.89%. The latest sale history shows transactions at $840,000 in 2024 and $320,000 back in 2012, while the HouGarden AVM estimates the property's worth at $862,500.
For families with school-aged children, the property falls within the zones of Conifer Grove School, Rosehill Intermediate, and Rosehill College, with decile ratings of 4, 3, and 5 respectively, indicating a strong educational catchment area. The location is strategically situated close to shopping amenities, public transport, and motorway access, making it an ideal blend of convenience and potential for further development.
With its spacious layout, standalone garage, and fully fenced yard, this property presents a golden chance to capitalize on a rapidly appreciating asset in a sought-after school zone. Don't miss the chance to explore its full potential - this is a development gem in the heart of Conifer Grove.
Updated on April 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 2 | 1 | 80m2 | Year 2024 Month 05 Day 08 | $500,500 | Council approved | |
 | 0.28 km | 3 | 1 | -m2 | Year 2024 Month 03 Day 01 | $745,000 | Council approved | |
 | 0.10 km | 3 | 1 | -m2 | Year 2024 Month 02 Day 29 | $631,000 | Council approved | |
 | 0.28 km | 3 | 2 | 140m2 | Year 2024 Month 02 Day 14 | $830,000 | Council approved | |
 | 0.27 km | 3 | 140m2 | Year 2024 Month 01 Day 30 | $830,000 | Council approved |