Nestled in the tranquility of a quiet cul-de-sac at 16/4963 Waimate Highway, Glenavy, this residential dwelling built in 1950 offers a charming blend of classic appeal and modern comfort. The 1-bedroom, 1-bathroom unit with a floor area of 53 square meters is perfect for those seeking to enter the property market or downsize. It boasts an Iron roof and Wood exterior walls, both in fair condition, providing a sturdy foundation for this Unit Title property. The capital value has seen a significant increase, rising from $100,000 in 2019 to $220,000 as of 2022, reflecting a growth rate of 1.2 or 120%.
With a HouGarden AVM of $205,000, the property's latest sale history includes transactions for $190,000 in 2020 and $80,000 in 2015, indicating a steady appreciation in value. This home is not just a place to live; it's an investment with a promising future.
For families with children, the property falls within the catchment area of Glenavy School, a Full Primary with a decile rating of 7. Additionally, Craighead Diocesan School, a Secondary school with a decile rating of 9, and Roncalli College, another Secondary school with a decile rating of 7, are within reach. This home offers not only great value but also the opportunity for quality education.
Updated on May 06, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 3 | 1 | 144m2 | Year 2024 Month 05 Day 14 | $560,000 | Council approved | |
8.72 km | 2 | 1 | 71m2 | Year 2024 Month 02 Day 16 | $365,000 | Council approved | ||
0.36 km | 1 | 1 | 53m2 | Year 2024 Month 01 Day 11 | $350,000 | Council approved | ||
0.07 km | 3 | 1 | 107m2 | Year 2023 Month 12 Day 21 | $365,000 | Council approved | ||
0.12 km | 2 | 1 | 69m2 | Year 2023 Month 12 Day 04 | $330,000 | Council approved |