Nestled in the coveted Spreydon suburb, this charming 2-bedroom, 1-bathroom residence with a single carpark on a level contour presents an ideal opportunity to enter the property market. Constructed in 1960 with durable brick walls and tiled roofing, this cross-lease property at 2/70 Neville Street boasts a floor area of 89sqm and is maintained in good condition both inside and out. The capital value has seen a rapid increase of 27.27% from $275,000 in 2019 to $350,000 as of 2022, while the HouGarden AVM estimates it at $325,000. This home, ready to move in, features a gas fire for warmth and modern conveniences, and is set in a quiet cul-de-sac that's perfect for all ages.
With a government valuation on the rise and a recent sales history that speaks to its desirability, this property is not just a home but a sound investment. The CV growth percentage is a testament to the area's popularity and potential, making it an even more attractive proposition for buyers looking to secure a foothold in the property ladder.
For families with educational considerations, the property falls within the zone of several well-regarded schools, including Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings. Other educational institutions in the vicinity offer a range of options for all ages, ensuring a solid foundation for your child's educational journey.
Updated on May 16, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 11 | $655,000 | Council approved | |
 | 0.10 km | 2 | 1 | -m2 | Year 2024 Month 11 Day 12 | $435,000 | Council approved | |
0.04 km | 3 | 1 | 94m2 | Year 2024 Month 10 Day 29 | $627,500 | Council approved | ||
 | 0.09 km | 4 | 2 | 195m2 | Year 2024 Month 10 Day 09 | - | Council approved | |
 | 0.17 km | 3 | 1 | -m2 | Year 2024 Month 07 Day 11 | - | Council approved |