Nestled in the prestigious Swanson neighborhood, this exquisite brand-new residence at 8 Lumber Rise boasts 7 spacious bedrooms and 5.5 bathrooms, ideal for large or extended families. Constructed with a mix of materials, the walls and fibrous cement roof are in good condition, sitting on a level 561 sqm of freehold land. The property's capital value has seen a significant increase, reflecting its desirability in this upmarket area.
As per the latest records, the property has a CV of $1,770,000 as of June 2021, with the HouGarden AVM estimating a value of $1,617,500. The latest sale on November 6, 2024, was for $1,438,800, showcasing a substantial capital value growth percentage. This home is not just a place to live but also a sound investment for the future.
For families with school-aged children, the property falls within the zones of Birdwood School (Full Primary, Decile 2), Massey High School (Secondary, Decile 4), and St Paul's School (Contributing, Decile 4), ensuring access to quality education. The combination of a prime location, luxurious living space, and a promising investment outlook makes this property a rare find.
Updated on December 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 5 | 3 | -m2 | Year 2024 Month 11 Day 01 | $1,440,000 | Council approved | |
 | 0.03 km | 5 | 3 | 0m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.09 km | 5 | 4 | 312m2 | Year 2024 Month 10 Day 01 | $1,526,666 | Council approved | |
 | 0.09 km | 7 | 4 | 375m2 | Year 2024 Month 10 Day 01 | $1,713,786 | Council approved | |
 | 0.04 km | 5 | 3 | 0m2 | Year 2024 Month 08 Day 01 | $1,400,000 | Council approved |