Nestled on a generous 2,329sqm section in the coveted cul-de-sac of Roberts Road, this freehold property is a gem for the discerning investor. The 1960-built home with wood exterior walls and iron roofing boasts 5 bedrooms and a carpark, showcasing an average condition both inside and out. The property's capital value has seen a remarkable increase of 75.48% from $1,040,000 in 2017 to $1,825,000 as of June 2021. Ignore the CV, as this property is now sold, but the rental guarantee from long-term tenants adds to its allure. Whether you aim to rebuild, renovate, or explore development potential, this north-facing property with its own covenanted native bush block presents endless opportunities.
With a HouGarden AVM of $1,695,000, this property's value is further supported by its proximity to well-rated schools such as Windy Ridge School (Decile 7) and Glenfield Intermediate School (Decile 6). The location ensures convenience, being close to shopping malls and amenities, while the private site offers tranquility. Investors and families alike will appreciate the original floors, the potential for personalization, and the prospect of long-term success in an area experiencing unprecedented growth.
For those with an eye on education, this property falls within the zones of both Windy Ridge School and Glenfield Intermediate School, ensuring access to quality education. The combination of a prime location, a spacious section, and potential for growth makes this property an attractive prospect for both investors and families.
Updated on May 21, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,199,000 | -15.9% | 10 |
2022 | $1,425,000 | -2.1% | 18 |
2021 | $1,455,000 | 16.1% | 31 |
2020 | $1,253,500 | 30.6% | 28 |
2019 | $960,000 | -17.2% | 22 |
2018 | $1,160,000 | 7.9% | 23 |
2017 | $1,075,000 | 0.5% | 25 |
2016 | $1,070,000 | 0.9% | 41 |
2015 | $1,060,000 | 30.7% | 35 |
2014 | $811,000 | - | 27 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 5 | 2 | -m2 | Year 2024 Month 04 Day 18 | $1,410,000 | Council approved | |
 | 0.11 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 01 | $1,140,000 | Council approved | |
 | 0.25 km | 4 | 1 | 190m2 | Year 2024 Month 02 Day 28 | $1,170,000 | Council approved | |
0.11 km | 3 | 1 | 99m2 | Year 2024 Month 01 Day 25 | $1,010,000 | Council approved | ||
0.19 km | 3 | 160m2 | Year 2023 Month 12 Day 06 | $1,150,000 | Council approved |