This charming residence located at 8 Regent Street, Fairlie, Mackenzie, offers a blend of classic design and modern amenities. With 3 spacious bedrooms, a modern bathroom, and a single carpark, this home spans a floor area of 134 sqm on a generous 1012 sqm freehold section. The property boasts wood wall construction and an iron roof, both in good condition, reflecting its 1910 heritage. Notable features include a level property contour, a newly built garage, re-roofing, DVS installation, a modern kitchen with a bespoke �Barrett� design, upgraded wiring and plumbing, gas hot water heating, and a cozy Metro log fire. The living spaces are enhanced by a heat pump, ceiling fan, and an original fireplace, creating a warm and inviting atmosphere.
Over recent years, the property has seen a significant increase in capital value, rising from $420,000 in October 2020 to $520,000 by July 2023, marking a 23.81% growth. The HouGarden AVM estimates its value at $510,000, closely aligning with its latest sale price of $508,000 in February 2024. This growth trajectory underscores the property's increasing market appeal and investment potential.
Located within the Fairlie School zone (decile 6), Craighead Diocesan School zone (decile 9), and Roncalli College zone (decile 7), this home is ideally situated for families seeking quality education options. The property's strategic location, combined with its rich character and modern upgrades, makes it a highly desirable choice for discerning buyers.
Updated on March 22, 2024.