Nestled in a serene cul-de-sac, just steps away from Waltham Primary School, this 2-bedroom, 1-bathroom unit with a well-appointed heat pump and a single garage is a gem for both investors and young families. The 90sqm floor area is complemented by a mix of wall materials and an iron roof in good condition, sitting on a level contour. This cross-lease property, built in 1975, has seen a significant Capital Value (CV) increase of 61%, from $255,000 in 2019 to the current $410,000. The HouGarden AVM estimates it at $407,500, while the latest sales were recorded at $385,000 in 2024 and $257,000 in 2020. With a prime location, it's no surprise that it falls within the decile 9 Middleton Grange School zone and is close to other well-rated institutions like Hillview Christian School and Marian College.
City amenities are within easy reach, making this property not just a home but a smart investment. The potential for value addition is clear, offering the opportunity to personalize and grow your investment at your leisure. 6/15 Buffon Street is a must-see for those seeking a property that's both within budget and on the city's edge.
Education-wise, the property is served by a selection of schools, including the decile 9 Middleton Grange School for older students, and the decile 3 Waltham School catering to younger children. This address truly provides a strong foundation for learning and growth.
Updated on November 20, 2024