Nestled in the heart of Ellerslie, this exquisite 3-bedroom, freehold property at 8 Arron Street boasts a capital value that has seen a remarkable increase of 34.62% from $1,040,000 in 2017 to $1,400,000 as of June 2021. Constructed in 1950 with durable brick walls and tiled roofing, this residence sits on a generous 416sqm of land with a floor area of 156sqm. The house, with its good condition walls and roof, is complemented by a property contour that offers an easy to moderate fall. Adding to its allure are the 2 car parks and a prime location close to amenities, bus transport, and motorways.
With a HouGarden AVM valuation of $1,305,000 and a latest sale record of $687,000 in 2012, this property presents a compelling investment opportunity. The government's CV, however, is just a number, as this home is on the market with the intention to sell. Its location within the Ellerslie School and One Tree Hill College zones is a significant plus, with both institutions boasting a decile rating of 9 and 3 respectively.
For families with school-aged children, the property's proximity to Baradene College, a top secondary school with a decile rating of 9, is an added bonus. This charming blend of vintage and modern comfort is ready for new occupants, so don't miss the chance to secure this brick and tile beauty.
Updated on May 17, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,453,500 | -4.7% | 18 |
2022 | $1,525,000 | 1.5% | 16 |
2021 | $1,502,500 | -14.4% | 26 |
2020 | $1,755,000 | 52.3% | 19 |
2019 | $1,152,500 | -4% | 34 |
2018 | $1,200,000 | -3.6% | 25 |
2017 | $1,245,000 | 0.5% | 28 |
2016 | $1,238,500 | 30% | 21 |
2015 | $952,500 | 10.9% | 22 |
2014 | $859,000 | - | 26 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 3 | 2 | 0m2 | Year 2024 Month 04 Day 11 | $1,225,000 | Council approved | |
 | 0.02 km | 3 | 1 | 110m2 | Year 2024 Month 03 Day 12 | $1,555,000 | Council approved | |
0.15 km | 2 | 1 | 53m2 | Year 2024 Month 03 Day 07 | $598,000 | Council approved | ||
0.11 km | 2 | 1 | 83m2 | Year 2024 Month 01 Day 31 | $805,000 | Council approved | ||
 | 0.26 km | 2 | 1 | -m2 | Year 2023 Month 12 Day 01 | $580,000 | Council approved |