Nestled in the esteemed Royal Oak neighborhood on 1/23 Boyd Avenue, this 1975-built brick residence with a tile roof is a charming free-standing unit on cross-lease land. It boasts 2 bedrooms, 1 bathroom, a light-filled open plan living area, and a 90sqm floor area that opens to a spacious north-facing deck for delightful outdoor entertainment. The property, in good wall condition and average roof condition, is a mere stroll away from the local shopping mall and cafes. With a capital value of $1,100,000 as of June 2021, it has seen a CV increase of 41% since July 2017. The HouGarden AVM estimates the property at $1,025,000, while the latest sales were recorded at $491,000 in 2012 and $350,500 in 2009.
For investors and homebuyers alike, the property's location within the catchment area of notable schools such as Baradene College (decile 9) and Royal Oak School (decile 8) adds immense value. The intermediate and high schools in the zone also ensure a consistent educational pathway for families. This property is set for auction on May 22, 2024, at 1:30 PM, but don't wait until then to secure this appealing home on the move.
Educationally advantaged and with a promising CV growth trajectory, this home is an instant attraction for those seeking a combination of comfort, convenience, and smart investment in the heart of Royal Oak.
Updated on May 24, 2024