Nestled in the highly sought-after New Lynn area on 5 Riverview Road, this freehold property is a gem on an easy/moderate fall contour. Constructed in 1940 with robust brick walls and tiled roofing, the dwelling boasts 3 spacious bedrooms, 2 carparks, and a generous floor area of 117sqm on a land area of 463sqm. The capital value has seen a rapid increase of 28.2% from $780,000 in 2017 to $1,000,000 as of June 2021. The HouGarden AVM estimates it at $960,000, while the latest sales were at $642,000 in 2015 and $430,500 in 2012.
With a CV on the rise, this property presents a golden opportunity for investors. It is zoned for Mixed Housing Urban, offering numerous development possibilities. The home is a perfect blend of comfort, convenience, and style, with a large deck, beautiful lawn, and a garden that promises tranquility with minimal maintenance. The property is in the catchment area of well-regarded schools such as Kelston Intermediate (Decile 2) and Kelston Boys' High School (Decile 3), Kelston School (Decile 3), and Kelston Girls' College (Decile 2), ensuring top-notch education for the family.
Embrace the chance to make this charming property your home, in a location that boasts both convenience and an excellent school network.
Updated on April 18, 2024
Name | Distance | 类型 | Year | 属性 | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Kelston School | 0.28 km | Primary | 1-6 | Government | Co-Educational | EQI: 486 | 3 | |
Kelston Girls' College | 0.53 km | Secondary | 9-15 | Government | Single Sex-Girls | EQI: 509 | 2 | |
Kelston Boys' High School | 0.65 km | Secondary | 9-15 | Government | Single Sex-Boys | EQI: 507 | 3 | |
Kelston Intermediate | 0.86 km | Secondary | 7-8 | Government | Co-Educational | EQI: 507 | 2 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $940,000 | -14.8% | 44 |
2022 | $1,103,000 | -8.1% | 51 |
2021 | $1,200,000 | 31.9% | 98 |
2020 | $910,000 | 18.5% | 129 |
2019 | $768,000 | -7.6% | 79 |
2018 | $830,833 | 1.3% | 103 |
2017 | $820,000 | -3.5% | 80 |
2016 | $850,000 | 12.6% | 94 |
2015 | $755,000 | 21% | 107 |
2014 | $624,000 | - | 88 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 4 | 2 | -m2 | 2024年03月06日 | $1,132,000 | Council approved | |
0.15 km | 3 | 112m2 | 2024年02月15日 | $850,000 | Council approved | |||
 | 0.33 km | 3 | 1 | -m2 | 2024年02月15日 | $850,000 | Council approved | |
 | 0.32 km | 6 | 2 | -m2 | 2023年12月12日 | $1,005,000 | Council approved | |
 | 0.15 km | 3 | 1 | -m2 | 2023年11月23日 | $970,500 | Council approved |