Positioned in the serene cul-de-sac of Savoy Road, Glen Eden, this freehold property is a charming 4-bedroom, 2-car park residence, built in 1993 with brick walls and tiled roofing, both in good condition. The 320sqm floor area is set on a 998sqm section with an easy/moderate fall contour, providing a spacious and comfortable living environment. Notably, the capital value has seen a 33% increase from $1,315,000 in 2017 to $1,750,000 as of June 2021, reflecting a sound investment opportunity. The HouGarden AVM estimates the property's value at $1,675,000, while the latest sale history shows a significant growth from $250,000 in 2004 to $650,000 in 2007.
For families with school-aged children, this property falls within the zones of several reputable schools, including Kelston Intermediate and Boys' High School, both with a decile rating of 2 and 3 respectively, and Glen Eden School with a rating of 3. Kelston Girls' College and Glen Eden Intermediate, with higher decile ratings of 2 and 7, are also in close proximity, ensuring a range of educational options for the family.
With its attractive combination of space, potential for additional income, and convenient access to quality education, this property presents an ideal blend of family living and investment potential.
Updated on October 11, 2024