Nestled in the serene cul-de-sac of Breezes Road, this 1958-built, freehold property boasts a capital value that has seen a remarkable increase of 52.24% over the past three years. The 3-bedroom, 2-carpark home sits on a level 630sqm section with roughcast walls and tiled roofing. Inside, the residence features a heat pump, a spacious open-plan living and dining area, an updated bathroom, and a separate laundry. With a floor area of 103sqm, this home offers a comfortable living environment. The property's latest sale was recorded at $521,000, while the current government valuation stands at $510,000, closely matching the HouGarden AVM of $490,000.
Reflecting its investment potential, the property's CV has surged from $335,000 in 2019 to its current valuation. The latest sale history shows an impressive leap from $192,000 in 2018 to the recent transaction in 2024. This growth trajectory highlights the property's appeal and desirability in the market.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8). These educational institutions offer a range of options for students from intermediate to secondary levels.
Updated on April 11, 2024