Nestled in the serene cul-de-sac of Newham Place, this 1977-built, freehold property boasts 3 bedrooms, 1 bathroom, and a single carpark, all set on a level, 610sqm section. Constructed with durable fibrous cement walls and tile roofing in good condition, this 107sqm home offers a solid foundation for potential renovations. The current Capital Value (CV) of $1,035,000 reflects a 34.42% increase since 2017, with the HouGarden AVM estimating the property's worth at $1,010,000. Historically, the property sold for $441,000 in 2013 and $270,000 in 2005, showcasing significant value growth.
For families, the property falls within the zones of Bruce McLaren Intermediate School and Henderson High School, both with decile ratings of 2 and 3 respectively, indicating a strong educational community. The convenience of being minutes away from WestCity and the ease of access to public transport further enhance the appeal of this property.
With a prime location, a promising CV growth history, and the potential for value addition through renovation, this property presents a compelling opportunity for those looking to invest in a home that can be tailored to their vision.
Updated on August 30, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.33 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 01 | - | Council approved | |
 | 0.32 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 11 | - | Council approved | |
 | 0.23 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 27 | $710,000 | Council approved | |
 | 0.09 km | 3 | 1 | 100m2 | Year 2024 Month 08 Day 21 | $990,000 | Council approved | |
 | 0.28 km | 3 | 2 | 100m2 | Year 2024 Month 08 Day 01 | $730,000 | Council approved |