Nestled in the coveted Leonard Street of Waimate, this 1977-built residential unit boasts a concrete exterior and a tiled roof, both in good condition. The 3-bedroom front unit features a separate lounge, kitchen/dining area, and a sunlit conservatory, with a single carpark and a floor area of 130 square meters. It sits on a level contour under a Cross-Lease ownership. The property has seen a significant Capital Value (CV) increase from $240,000 in 2019 to $380,000 in 2022, indicating a growth rate of 58.33%. The latest sales were recorded at $385,000 in 2022 and $440,000 in 2024, with the HouGarden AVM estimating the value at $362,500.
With regards to the school zone, the property falls within the catchment area of Craighead Diocesan School, a highly rated secondary school with a decile rating of 9, and Roncalli College, a secondary school with a decile rating of 7.
This well-maintained unit is not only conveniently located within walking distance to the shops but also represents an estate realisation opportunity that's available for early settlement.
Updated on April 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 2 | 1 | 120m2 | 2024年03月19日 | $350,000 | Council approved | |
 | 6.07 km | 3 | 1 | 95m2 | 2024年03月12日 | $312,500 | Council approved | |
 | 0.23 km | 2 | 1 | 112m2 | 2024年02月29日 | $475,000 | Council approved | |
 | 0.85 km | 3 | 141m2 | 2023年11月27日 | $380,000 | Council approved | ||
 | 0.50 km | -m2 | 2023年11月20日 | $110,000 | Council approved |