Nestled in the serene Hampstead, 20 Nelson Street presents a charming freehold property on a level contour. Constructed in 1960 with mixed materials for the walls and iron for the roof, this well-maintained home boasts 4 bedrooms, 1 bathroom, and 2 car parks, spread across a floor area of 199 square meters on a generous land area of 1012 square meters. The capital value has seen a significant increase from $365,000 in 2018 to $455,000 in 2021, reflecting a growth of 24.66%. The property also features a heated underground swimming pool and an orchard of fruit trees, offering a unique lifestyle upgrade.
With a HouGarden AVM of $437,500 and a history of sales at $377,500 in 2018 and $310,000 in 2012, this property holds great investment potential. The government valuations and sales history indicate a promising trend for capital growth.
For families with children, the property falls within the catchment area of several high-performing schools, including Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), ensuring access to quality education. This combination of comfort, convenience, and potential makes 20 Nelson Street an attractive opportunity for those seeking a suburban haven with city proximity.
Updated on April 18, 2024