Nestled in the tranquil Torbay, this 300m2 residence on 1616m2 of freehold land at 29 Reynolds Place is a hidden gem with immense potential. Constructed in 1993 with wood walls and tiled roof, it boasts 4 bedrooms, 2 carparks, and a structure in good condition. The property, with a CV of $1,450,000 as of June 2021, has seen a 115.4% increase since July 2017. The HouGarden AVM estimates it at $1,392,500, while the latest sales were at $690,000 in 2009 and $360,000 in 2001. Within the decile 10 school zones of Long Bay College, Long Bay School, and Northcross Intermediate, this home not only promises educational excellence but also a sound investment opportunity.
With a steep fall contour and wrap-around decks, the property offers a serene view of the lush bushland. It's a perfect blend of space and potential, ready for transformation into a captivating oasis. The flexibility of the layout allows for either 5 bedrooms or 4 bedrooms with an additional living area, catering to the needs of growing families. Its prime location and growth potential make it an attractive prospect for both investors and families.
Part of a prestigious neighborhood, this property is in the highly sought-after school zones of Long Bay College, Long Bay School, and Northcross Intermediate, all with a decile rating of 10. Here, education and property value go hand in hand. This is not just a house; it's an opportunity to secure a prosperous future.
Updated on April 12, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,305,000 | -5.2% | 56 |
2022 | $1,376,000 | -2.3% | 49 |
2021 | $1,408,000 | 25.4% | 86 |
2020 | $1,123,000 | 3.3% | 90 |
2019 | $1,087,500 | 0.2% | 74 |
2018 | $1,085,000 | -1.4% | 95 |
2017 | $1,100,000 | 2.8% | 67 |
2016 | $1,070,000 | 14.7% | 101 |
2015 | $932,500 | 16.6% | 112 |
2014 | $800,000 | - | 98 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 3 | 2 | 131m2 | 2024年03月28日 | $1,155,000 | Council approved | |
 | 0.14 km | 3 | 2 | 0m2 | 2024年03月26日 | $1,165,000 | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | 2024年03月04日 | $958,000 | Council approved | |
 | 0.36 km | 4 | 2 | 174m2 | 2023年12月19日 | $1,185,000 | Council approved | |
 | 0.30 km | 3 | 1 | -m2 | 2023年11月30日 | $1,013,000 | Council approved |