Nestled in a serene cul-de-sac within Hillcrest's prime streets, this charming residence boasts a north-facing aspect and a tranquil ambiance. Constructed in 1960 with fibrous cement walls and tiled roofing, the property is a 3-bedroom home with a modern bathroom, a single carpark, and a floor area of 120 square meters. The home sits on a cross-lease title and has recently undergone renovations, including updated insulation and roofing. The capital value has shown a significant increase of 25% from $920,000 in 2017 to the current $1,150,000 as of June 2021. The HouGarden AVM estimates the property at $1,067,500, while the latest sale was recorded at $940,000 in February 2020.
With a history of steady value appreciation, this property also enjoys a prime location within the zones of highly esteemed schools. Willowpark School, a contributing school with a decile rating of 9, Northcote Intermediate School with a decile rating of 6, and Northcote College, a secondary school with a decile rating of 7, are all within the catchment area. The residence is not only convenient to these educational institutions but also to local amenities, beaches, and motorway access.
Outside, the low-maintenance landscaping includes a fully fenced backyard, perfect for family activities. This urban oasis truly offers the best of both worlds – a peaceful retreat with easy access to the conveniences of city life.
Updated on May 10, 2024