Nestled in the serene Spode Place of Henderson, this 1978-built residence on a freehold title presents an inviting opportunity for builders or investors. The 3-bedroom, 2-carpark home sits on a levelled 600sqm section with a fibrous cement exterior and tiled roof, both in good condition. The property's capital value has seen a significant increase from $680,000 in 2017 to $910,000 as of June 2021, reflecting a growth of 33.82%. The latest sale history dates back to 2007 at $340,000, highlighting the investment potential. According to HouGarden AVM, the property is currently valued at $847,500, making it an attractive prospect for those seeking a rewarding project.
For families, the property falls within the zones of the well-regarded Bruce McLaren Intermediate School and Henderson High School, both with decile ratings of 2 and 3 respectively, ensuring quality education is within reach. Additionally, Henderson South School, a contributing school, adds to the list of educational options in the area.
With a touch of vision and effort, this property has the potential to transform into a cherished family home or a lucrative investment in a sought-after location, close to parks, amenities, and top-rated schools.
Updated on May 21, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $880,000 | -9.1% | 155 |
2022 | $968,550 | -5.5% | 160 |
2021 | $1,025,000 | 23.8% | 297 |
2020 | $828,000 | 14% | 297 |
2019 | $726,000 | 0.4% | 230 |
2018 | $723,000 | -0.6% | 259 |
2017 | $727,000 | -1.1% | 231 |
2016 | $735,000 | 13.1% | 323 |
2015 | $650,000 | 24.4% | 360 |
2014 | $522,500 | - | 297 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 5 | 2 | 130m2 | Year 2024 Month 06 Day 14 | $840,000 | Council approved | |
 | 0.20 km | 5 | 3 | 245m2 | Year 2024 Month 04 Day 05 | $960,000 | Council approved | |
 | 0.06 km | 3 | 1 | 90m2 | Year 2024 Month 02 Day 23 | $780,000 | Council approved | |
 | 0.54 km | 3 | 1 | -m2 | Year 2024 Month 01 Day 30 | $894,000 | Council approved | |
 | 0.17 km | 4 | 2 | 100m2 | Year 2024 Month 01 Day 26 | $770,000 | Council approved |