Nestled in the coveted Spreydon neighborhood, 7 Wychbury Street presents a charming residential dwelling on a freehold title. Constructed in the 1930s with wood exterior walls and tiled roofing, this home boasts an area of 108 square meters on a level plot of 352 square meters. Notably, the property has seen a remarkable Capital Value (CV) increase of 42.17% from $415,000 in 2019 to $590,000 as of 2022. The latest sale history showcases a sale price of $581,000 in 2024, up from $420,000 in 2020, indicating a steady growth trend.
For families with school-aged children, the property falls within the zones of several well-regarded institutions. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively, in addition to Middleton Grange School and others. The HouGarden AVM estimates the property's value at $537,500, making it a sensible and affordable option in a sought-after educational zone.
Located in a quiet cul-de-sac, this property offers the perfect blend of convenience and tranquility, being just a short stroll from the Barrington shopping center and a brief drive to the CBD, Tower Junction, and Riccarton. With generous living spaces, a log burner, and new carpeting, it presents a cozy family home or a sound investment opportunity.
Updated on December 18, 2024