Nestled in the esteemed Balmoral Drive, this freehold property, built in 1980, boasts a solid brick construction and a tiled roof, both in good condition. With a floor area of 260 square meters and a land area of 1152 square meters, this 4-bedroom, 2-car park home is perfect for a growing family. The property's Capital Value (CV) has remained stable at $610,000 since 2018, with a zero increase percentage, while the HouGarden AVM estimates it at $602,500. The latest sale history shows a significant jump from $330,000 in 2010 to $540,000 in 2024, indicating a promising investment opportunity.
As for the government's valuation, the property's CV has been consistent, reflecting a stable market value. The recent sale prices showcase a notable increase, suggesting a rising trend in the area. This home's potential is further enhanced by its location in a prime cul-de-sac, with a level contour that adds to the ease of living and potential for outdoor development.
For families with children, the school zone is a significant plus. The property falls within a highly rated decile, offering access to excellent educational institutions. This combination of a spacious family home, solid investment potential, and a desirable school network makes this property an attractive proposition for both investors and families.
Updated on November 06, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.13 km | 4 | 2 | 240m2 | Year 2024 Month 11 Day 27 | $745,000 | Council approved | ||
 | 0.16 km | 3 | 120m2 | Year 2024 Month 11 Day 19 | $485,000 | Council approved | ||
 | 0.19 km | 4 | 2 | 290m2 | Year 2024 Month 11 Day 06 | - | Council approved | |
 | 0.30 km | 3 | 1 | 82m2 | Year 2024 Month 09 Day 17 | - | Council approved | |
 | 0.31 km | 3 | 1 | 98m2 | Year 2024 Month 09 Day 04 | $356,500 | Council approved |