Nestled in the serene Fernwood Court of Woodridge, Wellington, this 83 square meter, 2-bedroom, 1-bathroom home with a cross-lease title presents an ideal opportunity for first-time buyers or those looking to downsize. Constructed in 2012 with iron roofing and wooden walls in good condition, the property basks in all-day sun, providing a warm and inviting atmosphere. The capital value has seen a significant increase from $480,000 in 2018 to $840,000 in 2021, reflecting a growth of 75%. The property is estimated at $785,000 by HouGarden AVM, with the latest sale recorded in 2012 for $310,000.
Educationally, the property falls within the zones of several high-performing schools, including Newlands College and St Oran's College, both with a decile rating of 9 and 10 respectively, indicating a high standard of education in the area. Newlands Intermediate and Bellevue School (Newlands) also contribute to the esteemed school network with a decile rating of 9 and 8, making this an attractive option for families.
Set in a peaceful cul-de-sac, this property offers a tranquil escape while being conveniently located near amenities like supermarkets, schools, and medical facilities. Whether you're starting out or seeking a quiet retreat, this property is ready to welcome its new owners.
Updated on June 14, 2024