Nestled in the serene Flat Bush, this delightful 2-bedroom, 1-bathroom residence on a freehold title is a gem for first-time buyers or shrewd investors. Constructed with a robust fibrous cement exterior and iron roof, this 100sqm floor area home on a level 162sqm section boasts a good wall and roof condition, ensuring low maintenance. Plus, with a capital value of $1,020,000 as of June 2021, and a HouGarden AVM estimate of $980,000, it's a prime property with a promising growth trajectory. Not to mention, it's located in a quiet cul-de-sac opposite the expansive Barry Curtis Park, offering a tranquil escape from the hustle and bustle.
On the financial front, the property has shown a steady increase in its capital value, with a notable growth percentage. The recent sale history and the AVM reflect a consistent demand for properties in this desirable area. This is further evidenced by the property's position in a sought-after school zone, with top-notch educational institutions such as Chapel Downs School, Ormiston Primary, Ormiston Senior College, Ormiston Junior College, and Sancta Maria College within reach.
For families with children, the school network is a significant highlight. The property falls within the decile-rated schools, ensuring access to quality education. This, coupled with the property's convenient location and the park's recreational amenities, makes it an ideal blend of comfort, convenience, and potential investment returns.
Updated on October 21, 2024