Nestled in the serene Allenton suburb at 162 Alford Forest Road, this freehold property is a charming 3-bedroom, 1-bathroom residence, built in 1940 with wood and iron construction. It sits on a levelled 1012sqm section with a floor area of 81sqm, complete with a single car park and a heat pump for comfort. The property has seen a significant Capital Value increase of 16.9% from $355,000 to the current $415,000, reflecting a sound investment. The HouGarden AVM estimates the property's worth at $397,500, while the latest sale history shows a marked rise from $100,000 in 2005 to $232,000 in 2013.
For families with school-aged children, the property falls within the catchment of several well-regarded institutions. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively, in addition to a host of other schools catering to various educational levels.
With its combination of classic charm, convenient location, and promising investment potential, this property is an attractive opportunity for both first home buyers and investors.
Updated on October 31, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 112m2 | Year 2024 Month 12 Day 06 | $555,000 | Council approved | ||
 | 0.28 km | 3 | 170m2 | Year 2024 Month 11 Day 07 | $595,000 | Council approved | ||
 | 0.28 km | 2 | 110m2 | Year 2024 Month 10 Day 15 | $430,000 | Council approved | ||
0.26 km | 5 | 298m2 | Year 2024 Month 10 Day 06 | $795,000 | Council approved | |||
 | 0.26 km | 3 | 1 | 154m2 | Year 2024 Month 07 Day 22 | $596,000 | Council approved |