Nestled in the serene Heathcote Valley, this charming residence on 2/77 Bridle Path Road boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1976 with concrete walls and tiled roofing, both in good condition, this cross-lease property presents a floor area of 60 square meters. The capital value has seen a rapid increase of 39.68% from $315,000 in August 2019 to $440,000 in August 2022, echoing the property's growth potential. The latest sale was recorded at $440,000 in November 2024, a significant jump from the previous sale of $240,000 in January 2018. HouGarden AVM estimates the property's value at $402,500, making it an attractive opportunity for first-time buyers or investors.
With a level contour and an easy-care backyard, the property offers the added convenience of three garden sheds for storage. It is located in a prime school zone, with Heathcote Valley School, Middleton Grange School, and Marian College among the highly rated institutions in the area. The property's proximity to the Valley Inn Tavern and the bus stop further enhances its appeal, allowing for a car-free lifestyle if desired.
This property is a must-see, especially for those seeking a home with potential for enhancement in a sought-after location.
Updated on December 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 4 | 2 | 161m2 | Year 2025 Month 02 Day 26 | $1,575,000 | Council approved | |
 | 0.20 km | 3 | 2 | 108m2 | Year 2025 Month 02 Day 04 | $597,000 | Council approved | |
 | 0.35 km | 3 | 2 | 120m2 | Year 2024 Month 10 Day 21 | - | Council approved | |
 | 0.49 km | 4 | 2 | 218m2 | Year 2024 Month 10 Day 11 | - | Council approved | |
 | 0.37 km | 2 | 2 | 99m2 | Year 2024 Month 10 Day 09 | - | Council approved |