Nestled on a generous 959sqm section in a quiet cul-de-sac of Methven, this 1940-built character home with a freehold title offers three bedrooms and a single carpark. Constructed with wood walls and a fibrous cement roof, it presents an average condition both inside and out. The property's Capital Value has remained stable over the past year, with a zero increase from $440,000 in 2021 to the current valuation. HouGarden's AVM estimates the property at $422,500, while the latest sale history shows a significant jump from $65,000 in 1990 to $420,000 in 2024, indicating a promising investment opportunity.
With a CV increase percentage of 0.0, this property is a haven for those seeking a sound investment with potential for growth. The location is further enhanced by its proximity to top-rated schools, including Villa Maria College and St Thomas of Canterbury College, both secondary institutions with a decile rating of 9 and 8 respectively. Methven School, Mount Hutt College, and Craighead Diocesan School are also within the zone, offering a range of educational options.
Whether you're a developer looking to make a mark or a first home buyer seeking a property to grow with, this home's classic allure and convenient location make it an attractive prospect. Don't miss the chance to own a piece of Methven's history.
Updated on October 09, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.24 km | 2 | 115m2 | Year 2024 Month 08 Day 09 | $610,000 | Council approved | |||
 | 0.17 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 08 | $536,952 | Council approved | |
 | 0.19 km | 3 | 210m2 | Year 2024 Month 06 Day 28 | $750,000 | Council approved | ||
 | 0.04 km | 2 | 1 | -m2 | Year 2024 Month 06 Day 24 | $555,000 | Council approved | |
 | 0.13 km | 2 | 1 | 90m2 | Year 2024 Month 06 Day 20 | - | Council approved |