Nestled in the serene Flat Bush, 3 Magnolia Place boasts a freehold property with a capital value that has seen a growth of 26.27% since 2017. This 2005-built home with mixed-material walls and tiled roof is a 4-bedroom, 2-bathroom residence with a floor area of 200sqm and a land area of 269sqm. The property, in a prime location opposite schools, parks, and amenities, features a recently refurbished open-plan kitchen and a family-friendly backyard. Notably, it's within the decile 9 Star of the Sea School zone and close to other well-rated educational institutions.
With a HouGarden AVM of $1,260,000 and the latest sale at $1,167,500 in 2024, this property presents a sound investment. The government valuation as of June 2021 is $1,250,000, up from $990,000 in July 2017, reflecting a consistent increase in value.
For families with children, the property falls within the zones of several esteemed schools, including the decile 9 Star of the Sea School, decile 6 Baverstock Oaks School, and both Sancta Maria and Ormiston Senior Colleges with a decile rating of 7, ensuring quality education is within easy reach.
Updated on October 02, 2024