Nestled in the serene Halswell neighborhood at 2/56 Nottingham Avenue, this 1994-built residence boasts a brick exterior and a tiled roof, both in good condition. It's a 3-bedroom, 2-car park home with a floor area of 130sqm, sitting on a level contour and governed by a Cross-Lease title. Since the last sale in 2018, the property has been a solid investment, now ready for new ownership in 2024. The capital value has surged by 47.13% from $435,000 in 2019 to $640,000, while the HouGarden AVM estimates it at $582,500. The latest sales were in 2018 for $420,000 and 2016 for $430,000.
On the valuation front, this property has seen a remarkable CV increase, reflecting its allure and potential. The AVM and sale history provide a comprehensive financial picture for any prospective buyer. The warmth of a heat pump and the privacy of a well-fenced garden add to the appeal, making it an ideal first home or downsizing option, or even a lucrative addition to a rental portfolio.
For families with school-aged children, the property falls within the zones of esteemed institutions such as Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), among others. This quiet cul-de-sac is not just a place to live; it's an opportunity to invest in quality education and a thriving community.
Updated on December 12, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 4 | 1 | -m2 | Year 2024 Month 12 Day 05 | - | Council approved | |
 | 0.26 km | 4 | 134m2 | Year 2024 Month 09 Day 13 | $770,000 | Council approved | ||
 | 0.10 km | 2 | 1 | 93m2 | Year 2024 Month 08 Day 28 | $550,000 | Council approved | |
 | 0.26 km | 3 | 112m2 | Year 2024 Month 08 Day 27 | $616,000 | Council approved | ||
 | 0.27 km | 3 | 1 | 110m2 | Year 2024 Month 07 Day 12 | - | Council approved |