Located in the highly sought-after Arrowtown, 5 Cotter Avenue is a stunning residential dwelling that boasts three double bedrooms, a spacious floor area of 230m², and sits on a generous land area of 1395m². This freehold property, built in 2003, features roughcast walls and an iron roof, both in good condition, and is designed to accommodate the steep fall of the property contour. The house offers two bathrooms, two carparks, and is a testament to quality living with its well-maintained structure.
Since its last sale in 2003 for $850,000, the property has seen a significant increase in its capital value, reaching $2,850,000 by September 2021, marking a 69.64% increase. This growth is supported by a HouGarden AVM estimate of $2,802,500. The property's value has consistently appreciated, reflecting its desirability and the potential for further growth. Its location and features make it an excellent investment or a dream home for those looking to add a personal touch.
Education is a priority, with the property zoned for Arrowtown School and St Joseph's School (Queenstown), both highly regarded full primary schools with a decile rating of 10. This ensures access to top-tier education, making it an ideal location for families. The serene environment, combined with the proximity to excellent schools, offers a balanced lifestyle of comfort and convenience.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.52 km | 3 | 110m2 | 2024年03月12日 | $2,050,000 | Council approved | |||
 | 0.49 km | 4 | 1 | 202m2 | 2024年02月12日 | $2,375,000 | Council approved | |
0.12 km | 4 | 0m2 | 2024年02月01日 | $875,000 | Council approved | |||
0.16 km | 5 | 300m2 | 2023年12月17日 | $2,900,000 | Council approved | |||
 | 0.87 km | 5 | 1 | 150m2 | 2023年11月03日 | $1,800,000 | Council approved |