Nestled in the serene cul-de-sac of Nearco Street, this 2-bedroom, 1-bathroom residence with a tiles roof and fibrous cement walls offers a comfortable living space of 70 square meters. Built in 1989, this cross-lease property is in a good condition both inside and out, sitting on a level contour. The capital value has seen a significant increase from $480,000 in 2017 to $660,000 in 2021, reflecting a growth of 37.5%. This home is perfect for a family starting out or an investor looking for potential.
With a HouGarden AVM of $632,500 and a latest sale record of $289,000 in 2014, this property holds promise for future appreciation. The CV increase trend and the potential for renovation make it an attractive prospect for those seeking value and growth.
Educationally, the property falls within the zones of Alfriston College (Decile 2) and Randwick Park School (Decile 1), ensuring quality education for the family. This home is ready for a new chapter and awaits your personal touch to unlock its full potential.
Updated on May 02, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2022 | $570,000 | -13.3% | 2 |
2021 | $657,500 | 40% | 2 |
2017 | $469,500 | 24.4% | 2 |
2015 | $377,500 | - | 2 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.40 km | 3 | 2 | 101m2 | Year 2024 Month 04 Day 05 | $675,000 | Council approved | |
 | 0.06 km | 4 | 2 | 183m2 | Year 2024 Month 04 Day 03 | $1,064,500 | Council approved | |
 | 0.40 km | 3 | 1 | 94m2 | Year 2024 Month 03 Day 16 | $710,000 | Council approved | |
 | 0.16 km | 3 | 2 | 132m2 | Year 2024 Month 03 Day 06 | $930,000 | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | Year 2024 Month 02 Day 14 | $710,000 | Council approved |