Nestled in the serene cul-de-sac of Windy Ridge Road, this charming 2-bedroom, 1-bathroom brick home on a cross-lease title offers the ideal blend of comfort and convenience. Constructed in 1973 with a well-maintained brick exterior and iron roof, the property boasts a floor area of 70 square meters and a single carpark. The capital value has seen a significant increase from $570,000 in July 2017 to $750,000 as of June 2021, reflecting a growth rate of 31.58%. The property is equipped with a heat pump for year-round climate control, and the open-plan living spaces lead out to a sunny deck and level lawn, perfect for family gatherings.
With a HouGarden AVM estimate of $745,000, and a history of sales in 2014 for $295,000 and in 2003 for $195,000, this property presents a sound investment opportunity. The government's capital value increase underscores the potential for further growth in this desirable location.
For families, the property is located within the highly sought-after school zones of Windy Ridge School (decile 7) and Glenfield Intermediate School (decile 6), both within walking distance. This home is not only an attractive option for first-time buyers and downsizers but also for investors seeking a reliable rental income with the current tenant expressing a desire to stay.
Updated on November 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 4 | 3 | 0m2 | Year 2024 Month 11 Day 01 | $639,000 | Council approved | |
 | 0.06 km | 4 | 3 | 222m2 | Year 2024 Month 09 Day 18 | $1,450,000 | Council approved | |
 | 0.04 km | 3 | 1 | 90m2 | Year 2024 Month 08 Day 25 | $912,000 | Council approved | |
 | 0.02 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 13 | - | Council approved | |
 | 0.19 km | 4 | 1 | -m2 | Year 2024 Month 08 Day 01 | $1,045,000 | Council approved |