Nestled in the vibrant Mount Wellington, this residential dwelling at 48b Hamlin Road boasts a versatile layout with 3 bedrooms and 1 bathroom. Constructed in 1991 with a mix of materials for the walls and iron for the roof, this cross-lease property sits on an easy-to-moderate contour. The 76sqm floor area is ripe for renovation, with potential that matches its CV of $1,050,000 as of June 2021, showing a 36.36% increase from its $770,000 valuation in July 2017. The property includes a carport and is within walking distance to Sylvia Park School. Baradene College (decile 9) and One Tree Hill College (decile 3) are in the school zone. The latest HouGarden AVM estimates the property at $975,000, while the last sale was in 1989 for $31,000. Investors and homebuyers alike will appreciate the value and location, making this an opportunity not to miss.
With a touch of TLC, this brick-clad and weatherboard home can be transformed into a modern classic. The iron roof and aluminium joinery provide a solid foundation for upgrades, and the spacious bedrooms are an added plus. The living and kitchen area is adaptable, ready for an open-plan conversion. A separate laundry and family bathroom complete the picture. This property is not just a home but a canvas waiting for your creative touch.
Education is a priority, and this home is zoned for highly regarded schools. Baradene College offers education from Year 7 to 15, while One Tree Hill College caters to Year 9 to 15. Sylvia Park School, a full primary, is within easy reach. The location is prime, with Sylvia Park mall and Hamlin Park Reserve within walking distance. Don't miss your chance to secure this property in a sought-after area!
Updated on May 03, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $925,000 | -13.6% | 33 |
2022 | $1,071,000 | -2.2% | 48 |
2021 | $1,095,000 | 36.3% | 82 |
2020 | $803,250 | 1.4% | 76 |
2019 | $792,500 | 1.6% | 56 |
2018 | $780,000 | -0.4% | 68 |
2017 | $783,000 | 2.4% | 54 |
2016 | $765,000 | 15.9% | 47 |
2015 | $660,250 | 18.5% | 76 |
2014 | $557,000 | - | 61 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.07 km | 4 | 2 | 0m2 | Year 2024 Month 02 Day 27 | - | Council approved | |
 | 0.20 km | 3 | 1 | 101m2 | Year 2024 Month 02 Day 10 | $1,100,000 | Council approved | |
0.32 km | 3 | 1 | 100m2 | Year 2024 Month 01 Day 30 | $1,250,000 | Council approved | ||
0.20 km | 3 | 101m2 | Year 2024 Month 01 Day 14 | $1,100,000 | Council approved | |||
 | 1.71 km | 3 | 1 | -m2 | Year 2023 Month 11 Day 28 | $1,571,000 | Council approved |