Embrace the allure of Riverlea with this charming residence, a cozy two-bedroom haven that invites comfort and convenience. Constructed in durable brick with a tiled roof, this 1976-built home stands firm with good condition walls and roof. Nestled in a levelled property, it offers a single carpark and a floor area of 120 square meters under a Cross-Lease title. The Government Valuation (CV) has seen a dramatic increase from $455,000 in 2018 to $690,000 in 2021, reflecting a growth of 51.65%. The HouGarden AVM estimates the property at $695,000, while the latest sale on December 19, 2022, was at $600,000.
For families with school-aged children, this property is a gem, located within the catchment area of esteemed schools such as Marian Catholic School (Decile 7), Hillcrest High School (Decile 7), Berkley Normal Middle School (Decile 8), and Hillcrest Normal School (Decile 8). The residence is situated in a quiet cul-de-sac, providing a family-friendly environment and easy access to educational institutions and shopping facilities.
Whether you are a first-time buyer or an investor, this residence presents an ideal opportunity. It features established gardens and a sheltered courtyard, offering a serene escape. With its prime location and increasing capital value, this home is a must-consider for those seeking a slice of tranquility in the heart of Riverlea.
Updated on September 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 3 | 1 | 200m2 | Year 2024 Month 12 Day 02 | $820,200 | Council approved | |
 | 0.23 km | 1 | 1 | 37m2 | Year 2024 Month 11 Day 12 | $280,000 | Council approved | |
 | 0.21 km | 5 | 2 | -m2 | Year 2024 Month 10 Day 25 | $638,000 | Council approved | |
 | 0.36 km | 3 | 1 | 160m2 | Year 2024 Month 10 Day 02 | $835,000 | Council approved | |
 | 0.60 km | 3 | 130m2 | Year 2024 Month 07 Day 31 | $745,000 | Council approved |