Nestled in the serene cul-de-sac of Irvine Street, this 1950s weatherboard charmer on a freehold title offers a generous living space of 98m², with 3 bedrooms, 1 bathroom, and a single carpark. The property sits on a levelled 701m² section with wooden walls and tiled roofing in average condition. The residence, with its inviting layout, presents a golden opportunity for families seeking a starter home or a project to invest in.
Since 2018, the capital value has seen a significant leap of 59%, reaching $620,000 as of September 2021. The HouGarden AVM estimates the property at $612,500, while the latest sales in 2015 and 2009 were at $325,000 and $230,000 respectively. This upward trend in value is a promising sign for investors.
For families with school-aged children, the property falls within the zones of Fraser High School (decile 4) and Frankton School (decile 3), ensuring access to quality education. Whether it's the potential for further value growth, the convenience of location, or the promise of a good school network, this property has it all.
Updated on November 28, 2024