Nestled in the serene cul-de-sac of Adamson Road, this impressive 5-bedroom, 4-bathroom residence boasts a freehold title and a capital value of $1,390,000 as of June 2021. Constructed with quality wood exterior walls and iron roofing, this 220sqm floor area home is set on a level 254sqm section. The property, built in 2024, is in a good condition both in walls and roof. The latest HouGarden AVM estimates the property at $640,000, reflecting a significant growth potential. Historically, the capital value has seen a substantial increase, making it an attractive investment. The home features a modern open-plan living, a butler's kitchen, and a spacious entertainment deck. It also includes two infinity systems, central heating and cooling, and security surveillance, among other amenities.
As for the government valuations, the property has shown a consistent rise in its capital value, with a notable percentage increase over the recent years. The recent sale history points to a robust market for such properties in the area. This is further supported by the low AVM estimate, indicating room for growth.
For families with school-aged children, this property falls within the zones of Chapel Downs School (Decile 2), Ormiston Senior College (Decile 7), and Ormiston Junior College (Decile 7), offering a range of educational options.
Updated on August 20, 2024