Nestled in the esteemed Hoon Hay neighborhood, this robustly built 1950s residence boasts a freehold title and stands majestically on a sprawling 927m2 section. The 4-bedroom, 1-carpark home features a floor area of 135m2, with well-maintained brick walls and a tile roof. The government's capital value (CV) has seen a rapid increase from $480,000 in 2019 to $720,000 in 2022, reflecting a growth rate of 50%. This property is a gem with immense potential, ready for a new owner to transform it into a masterpiece.
With a HouGarden AVM of $670,000, the property also has a notable sales history. The CV growth percentage is an impressive indicator of the area's desirability. This home is not just a shelter but a sound investment in a prime location.
For families with school-aged children, the property falls within the catchment area of several top-rated schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and more. The educational opportunities are vast, making this an ideal choice for those who value quality education.
Updated on June 05, 2024