Nestled at the end of a serene, tree-lined cul-de-sac, 13 Lovelock Place is a residential gem on a freehold site, built in 1977 with concrete walls and an iron roof. This 116sqm home with a level contour sits on a spacious 688sqm section, offering 4 bedrooms, a bathroom, and a carpark. The property's Capital Value (CV) has seen a remarkable 55.79% increase from $475,000 in September 2018 to $740,000 in September 2021. The HouGarden AVM estimates the property's worth at $710,000, while the latest sales were in 1998 for $167,000 and in 1993 for $117,000.
With a CV growth rate that outpaces the market, this property presents a sound investment. The house, with its average wall and roof conditions, is ripe for renovations to unlock its full potential. It already boasts a semi-open plan kitchen, living, and dining area that is bathed in natural light, a private pool, and an additional outdoor room with a consented toilet and shower, perfect for larger families or a home business.
For families with children, the school zone is another highlight. Both Fairfield Intermediate (Decile 5) and Fairfield Primary School (Decile 1) are within easy reach, ensuring quality education for all ages.
Updated on April 12, 2024