Nestled in the sought-after suburb of Ellerslie, this 2-bedroom, 1-bathroom unit with a single carport presents an ideal opportunity for first-time buyers, downsizers, or investors. Constructed in 1977 with a mix of materials for the walls and tiles for the roof, this unit sits on a level contour and offers a floor area of 70 square meters. The property is governed by a Unit Title, ensuring ease of ownership. Notably, the Capital Value (CV) has seen a significant increase of 32.31% from $650,000 in 2017 to $860,000 as of June 2021, demonstrating strong growth potential. The HouGarden AVM estimates the property's worth at $800,000, while the latest sale history shows a progression from $167,000 in 1996 to $169,000 in 2002.
For families with school-aged children, the property falls within the zones of Baradene College, a high-performing secondary school with a decile rating of 9, Stanhope Road School, a full primary school with a decile rating of 4, and One Tree Hill College, a secondary school with a decile rating of 3. This ensures access to a range of educational options.
With a private outdoor garden for entertainment, a convenient carport, and a prime location close to motorways, public transport, and local amenities, this property is not just a home but a sound investment. It's time to transition from renting to owning; make this chic brick-and-tile unit your own mark in the real estate market.
Updated on June 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.11 km | 5 | 3 | 0m2 | Year 2024 Month 10 Day 30 | $1,580,000 | Council approved | |
 | 0.10 km | 3 | 1 | 130m2 | Year 2024 Month 10 Day 21 | $1,330,000 | Council approved | |
 | 0.23 km | 2 | 1 | 77m2 | Year 2024 Month 10 Day 15 | $635,000 | Council approved | |
 | 0.10 km | 4 | 1 | 0m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.16 km | 3 | 1 | 84m2 | Year 2024 Month 07 Day 10 | - | Council approved |