Nestled in the heart of Frankton, Hamilton at 26 Blackburn Street, this charming 1920's bungalow on a cross-lease title presents a golden opportunity for first-time homebuyers. The property features 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 86 square meters. Constructed with wood walls and an iron roof, both in average condition, this residence exudes timeless appeal with its native timber flooring and period details, complemented by an upgraded modern kitchen with engineered stone benchtops. The outdoor patio enjoys all-day sun, perfect for relaxation, while the fully fenced yard provides a safe space for children and pets. Historically, the property's Capital Value (CV) has seen a remarkable increase of 58.44% from $385,000 in September 2018 to $610,000 in September 2021. The HouGarden AVM estimates the property's value at $612,500, with the latest sales recorded in 1997 and 1992 at $128,000 and $68,000 respectively. This property falls within the catchment area of Fraser High School (Decile 4) and Frankton School (Decile 3), both reputable educational institutions.
With such a promising CV growth rate and a prime location, this property offers exceptional buying with scope to add value, making it an attractive prospect for investors and families alike.
Located in a desirable school zone, the property is convenient to the CBD, local shops, and public transport, ensuring a comfortable and connected lifestyle.
Updated on September 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 1 | 100m2 | Year 2024 Month 11 Day 28 | $627,500 | Council approved | |
 | 0.09 km | 3 | 2 | 89m2 | Year 2024 Month 10 Day 05 | $576,000 | Council approved | |
 | 0.16 km | 4 | 131m2 | Year 2024 Month 09 Day 14 | $600,000 | Council approved | ||
 | 0.07 km | 3 | 1 | 91m2 | Year 2024 Month 09 Day 10 | $580,000 | Council approved | |
 | 0.17 km | 3 | 1 | 80m2 | Year 2024 Month 08 Day 21 | - | Council approved |