Positioned in a serene cul-de-sac on a spacious 709m2 freehold section, this 1974-built family home boasts 5 bedrooms and a vast floor area of 160m2. Constructed with fibrous cement walls and an iron roof, both in average condition, the property offers a versatile layout with potential for renovation. The capital value has seen a significant increase from $700,000 in 2017 to $940,000 as of June 2021, reflecting a growth rate of 34.29%. The property is estimated at $902,500 by HouGarden AVM, with a previous sale recorded in 2007 for $255,000.
For families with school-aged children, the property falls within the zones of Bruce McLaren Intermediate School and Prospect School, both with a decile rating of 2, and Henderson High School, rated at decile 3. This is an ideal investment for those seeking a prime location with easy access to quality education.
With a motivated seller and endless possibilities for improvement, this property presents a golden opportunity for investors, flippers, and buyers looking to secure a home with strong capital growth potential. Don't miss out on the chance to transform this hidden gem into your dream property.
Updated on October 21, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 4 | 1 | -m2 | Year 2024 Month 11 Day 20 | - | Council approved | |
 | 0.11 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 14 | - | Council approved | |
 | 0.16 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 16 | - | Council approved | |
 | 0.14 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 05 | - | Council approved | |
 | 0.10 km | 3 | 141m2 | Year 2024 Month 08 Day 21 | $875,000 | Council approved |