Nestled in the serene South New Brighton, 1/237 Estuary Road presents a charming residential unit that boasts 2 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1975 with a solid fibrous cement exterior and an iron roof in good condition, this cross-lease property offers a comfortable living space of 77 square meters. The current Capital Value (CV) stands at $385,000, showcasing a remarkable increase of 57.14% from $245,000 in 2019. The property is valued at $352,500 according to HouGarden AVM, with a notable sales history of $86,000 in 2000 and $83,000 in 1998.
Educationally, the property falls within the decile 9 Middleton Grange School zone, along with several other well-regarded institutions such as Hillview Christian School and Shirley Boys' High School. This makes it an ideal choice for families with children of all ages. The property's proximity to the beach and the vibrant New Brighton Village adds to its allure, offering a lifestyle that is the epitome of seaside living.
With a perfect blend of comfort, convenience, and a prime location, this property is not just a home but a smart investment with a promising CV growth trajectory.
Updated on December 05, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 4 | 1 | -m2 | Year 2024 Month 11 Day 26 | - | Council approved | |
 | 0.16 km | 3 | 1 | 132m2 | Year 2024 Month 11 Day 22 | $600,000 | Council approved | |
 | 0.09 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 22 | - | Council approved | |
 | 0.16 km | 3 | 1 | 80m2 | Year 2024 Month 07 Day 30 | $561,000 | Council approved | |
 | 0.07 km | 3 | 1 | 140m2 | Year 2024 Month 06 Day 25 | - | Council approved |