10 Buchanan Street, Fairlie, Mackenzie

Nestled on a quiet cul-de-sac at 10 Buchanan Street, Fairlie, Mackenzie, this freehold property is a charming residential dwelling built in 1960. The well-maintained brick exterior and iron roof house three comfortable bedrooms, a modern bathroom, and an open-plan living area that bathes in morning sunlight. With a floor area of 123sqm and a spacious land area of 1,012sqm, the property boasts a heat pump and log fire for heating, a separate toilet, laundry, and a carpark for two vehicles. The capital value has seen a significant increase of 24.14% from $290,000 in October 2020 to $360,000 as of July 2023. The HouGarden AVM estimates the property at $352,500, while the latest sale history shows a transaction at $432,000 in June 2024 and another at $220,000 in January 2012.

For families, the property falls within the catchment of esteemed schools. Fairlie School, a contributing primary, has a decile rating of 6. Craighead Diocesan School, a secondary institution, is rated 9, while Roncalli College scores a 7 on the decile scale. The property's convenient location near shops, amenities, the Fairlie Golf Course, and two playgrounds, makes it an ideal investment or first home.

With easy-care gardens, a BBQ area for summer leisure, and a detached studio with power, this property offers both functionality and the potential for further value appreciation, making it a great opportunity in the housing market.

Updated on August 14, 2024